These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
Training a self-driving vehicles' AI platform requires datasets, however, not all companies have the means to create such datasets themselves. This is where the "AI based Vehicle Vision Perception System," developed by the Institute for Information Industry (III) comes in. Hsu Ting, a senior planner at the III Smart System Institute Emerging Markets and Planning Service Centre, told CENS durin...
Electric vehicles (EV) and related technologies were the major highlights at this year's Taipei AMPA show. For instance, the pavilion from the mobility Taiwan Automotive Research Consortium (mTARC), an entity under the Economic Ministry Department of Industrial Technology, showcased EV and self-driving vehicle technologies developed by domestic companies and research institutions. Among their...
Global market intelligence firm IDC's "Global Autonomous Vehicle Forecast Report for 2020 to 2024" has pointed out that L1 to L5 autonomous vehicles could see an 18.3% CAGR within this time frame. As industry trends have become clearer over the years, not only global, well-known auto brands like Tesla, Audi, Mercedes Benz, BMW, and Ford have been proactively investing in autonomous technology, ev...
The Taiwanese-made and designed WinBus is among the front-runners in the domestic autonomous electric vehicle scene, first unveiled to the public in the summer of 2019. Created by the Automotive Research & Testing Center (ARTC), WinBus is an SAE Level 4 e-bus fully designed and manufactured by Taiwanese suppliers, ARTC promotional engineer Joe Tu said. The self-driving e-bus is a moving platform ...
Taiwanese auto parts suppliers are preparing for the surge in demand in Q3, prompted by the reopened economies overseas and improving auto chip shortages. Suppliers are already reaping the benefits. However, other shortages, ranging from workers and raw materials, could also challenge and disrupt supply chain resiliencies, a situation shared by many different suppliers in varied industries. Fo...
Global shipping shortages, capacity shortages, and port congestion issues are expected to continue until the second half of this year. Industries including machine tools, auto parts, and garments impacted by port congestion have reported full production capacity yet unable to ship at all due to the shipping shortages. Auto parts supplier Tong Yang Group (TYG) reported that their storage has be...
Electric vehicles have seen a record-breaking growth; Tesla's delivery figures broke records this Q2, while Chinese-owned companies NIO and XPeng reported similar performances in June. Brands are looking forward to Q3, Q4 figures, as the latter half of the working year, is traditionally peak season. With EVs' market penetration rate growing steadily, experts believe supply-demand will continue...
The electrical manufacturer TECO and power supply manufacturer Phihong announced that an MOU was signed between the two companies on Monday. The parties concerned included a three-way partnership: TECO's American subsidiary Westinghouse, Phihong, and U.S.-based energy group Getka Group's newly established Getka Manufacturing. The three companies will set up a manufacturing base in Oklahoma fo...
The resumed Taiwan-US TIFA talks have been invigorating domestic industries. Under this backdrop, Wong Chao-tung, chairman of the Taiwan Iron and Steel Association and China Steel Corporation (CSC), said with the steel industry as a part of the restructuring of the global supply chain, and with the U.S. promoting green energy infrastructure, Wong sees potential cooperation. Among the products ...
Taiwanese auto parts suppliers are preparing to see a surge in demand in Q3, prompted by warming auto demand in overseas markets and improving auto chip production. Suppliers are already reaping the benefits: LED auto lamp module maker LaserTech reported sustained revenue growth through consecutive months and expected to see similar performance in Q3 to Q4. Hota Industrial is experiencing an i...
