Following PC and smartphones, auto electronics is the new in-demand sector that is fueling the semiconductor business. While the entry benchmark for auto IC is much higher than consumer electronics, mainly due to rigorous safety standards, client orders are often more stable and consistent with better profits. Vanguard International Semiconductor Corporation (VIS) Chairman and General Manager ...

Taiwan's industrial production has maintained a steady growth since it rebounded last year, as the world had gradually opened up after almost a year of the COVID-19 pandemic. For instance, the island's Ministry of Economic Affairs had reported that industrial production growth in February rose almost 3 percent from a year earlier, and also saw an increase of sales for plastics/rubber products...

With the electric vehicle (EV) trend sweeping across the globe, Taiwanese suppliers are focusing on certain key components as potential business opportunities, including Hon Hai, Hota Precision, Tong Yang Industrial, TECO Electric & Machinery, Hiwin, ASE Technology Holding, and passive component suppliers. Many suppliers in the industry are leveraging the current climate as a result, with Hon...

Taiwan's electric and traditional bicycle exports in February saw significant YoY growth, marking a 7% uptick in the first two months of 2021, and signifying that international demand is returning. Market expectations regard Q2 favorably, expecting the container shortage that led to rising costs to ease up, and bolstering performance outlook among Taiwan's bicycle suppliers: Giant, Merida, an...

The U.S. anti-dumping probe on vehicle tire imports from a number of countries, including Taiwan, is set to wrap up next month, though tire supplier Nankang Rubber Tire had jumped the gun to announce that the company will cease exports to the U.S. Industry experts regard Nankang Rubber Tire's latest move to likely lead to a more optimistic outcome in terms of the investigation ruling but noted...

February's manufacturing forecast index shone green, representing stable growth, reported the Taiwan Institute of Economic Research (TIER). The outlook index changed from yellow-red, showing fast growth, to maintaining stable growth. The latest outlook indicates fewer working-days in February due to the Lunar New Year holidays, leading to lower indexes in February compared to January and weak...

Amid a global crisis of auto chip shortages, the accelerating trend of adapting electric vehicles (EV) and self-driving cars, the Taiwan External Trade Development Council (TAITRA) is gearing up to kick off Taipei AMPA and Autotronics Taipei on April 14 at the Nangang Exhibition Center Hall 1. TAITRA is hosting this year's Taipei AMPA and Autotronics Taipei as a hybrid expo, debuting the firs...

In December 2020, Transportation Minister Lin Chia-lung said at a summit event that due to the pandemic, continual urbanization, and aging society in the more rural areas, transportation applications of emerging technologies like self-driving vehicles, UAVs, and smart logistics, have become more mature over the years. Yet, the upcoming challenges will likely revolve around the integration of the ...

In the "Global Digital Automotive Trend Report" released by PwC Taiwan in mid-January, the firm indicated that the automotive industry is now at a crossroad, anticipating that significant synergy will buoy the automotive IoT and electric vehicle (EV) markets in the next decade. However, amid the COVID-19 pandemic that is still ongoing since 2020, the report pointed out that the development of sel...

Industry-acclaimed expo TIMTOS 2021's online version gained over 120,000 visits during the six-day exhibition period since March 15, show organizer Taiwan External Trade Development Council (TAITRA) reported. TIMTOS 2021 Online interactive mode, which allows buyers to connect with exhibitors, wrapped up on March 20, though the online platform will continue to be up until April for viewing onl...