With teleworking and remote, online learning bolstering demand, AU Optronics Chairman Paul Peng expressed optimism regarding Q4 sales, which could perform above average. The firm can pursue high-end, energy-efficient panels once they resolve material shortage for semiconductor chips, Peng said. He stressed that "positivity is a must" regarding next year's business outlook. He made his comment...

Taiwan's machinery industry is seeing signs of recovery, said Taiwan Association of Machinery Industry (TAMI) Chairman Alex Ko, as outbound orders finally saw positive growth after six consecutive months of decline. The sector began struggling in March as pandemic restrictions came into effect globally; Ko pointed out outbound orders started to rise in September, suggesting a tentative rebound...

Demand for electronic parts, PCBs from 5G, IoT, and vehicle applications are strengthening outbound growth in the first nine months of 2020, despite a pandemic outbreak that has crippled countries' economies. Outbound electronic parts reported strong performance, increasing 22.3% in the first nine months of 2020. A strong contender in second place is the PCB field, which also saw a 5.3%-export...

As one of the harder-hit industries in Taiwan, the ITRI ​​Industrial Economics and Knowledge Center predicts next year's machine tools to make a rebound with an annual 8% growth. The center also named growth from electric vehicle sales as a significant contributor to machine tools and models' rising demand in 2025. The center's manager Harrison Hsiung made the remarks at the 2021 IEK Machiner...

Taiwan's machinery equipment manufacturing industry could see a yearly 6.1%-growth in 2021, the ITRI ​​Industrial Economics and Knowledge Center revealed. It named digitalization as the pivotal point for improving competitiveness in the industry. The forecast indicates a respite for the economy as the COVID-19 outbreak has severely impacted sectors relying on outbound profits. The center's man...

Foxconn is looking to explore cooperation with European tier 1 auto parts suppliers in developing 3D auto-use curved glass covers. The electronics manufacturer is also reportedly engaging in talks with European auto firms to make curved, one-piece system consoles and dashboards. In a bid to diversify its product line, Foxconn's plans to enter the lucrative auto parts industry began with provid...

Taiwan's auto parts market has seen positive impacts as the Chinese automotive market continues to grow in its sixth consecutive month. Hotai Motors and Yulon Nissan Motor are the two significant firms enjoying the leverage. The island's related industries are benefiting from the strong performance of China's automotive market. Industry members say as long as competitive Taiwanese firms mainta...

Industry experts expect to see challenging times ahead for production in the foundry sector, forecasting that the current situation will not let up in the short-term and warns of unbalanced supply-demand next year. During the pre-pandemic era, IC design firms say clients usually made urgent orders to avoid having to manage inventory. Yet, considering limited foundry production volume, clients ...

TSMC raised its revenue forecast again on Thursday, citing robust demand for 5G smartphones and high-performance-computing (HPC) to boost sales by 30% in U.S. dollars. The 30% increase this year could likely raise combine revenue to hit NTD$1.4 trillion. TSMC has already hit two consecutive record-highs this year, TSMC told investors in a telephone conference. Due to external elements, such...

The formation of "Taiwan's Smart Manufacturing Alliance" on Oct. 6 heralded a new chapter to cement Taiwan's role as Asia's high-end manufacturing center, as witnessed by prominent top government and industry representatives. Vice President William Lai, attending the meeting as a speaker, named both the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) and the Taiwan Associat...