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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.

International Forum invites international partners and six industry heavyweights to explore industry trends toward 2035.

ITRI Holds Envisioning a Better Future International Forum Featuring Global Industry Giants

Sep 12, 2023

As a part of its 50th anniversary celebration, ITRI hosted the International Forum Envisioning a Better Future on September 12 to explore Taiwan’s forthcoming industry opportunities toward 2035. The event featured participation from industry giants such as Applied Materials, Corning Incorporated, Merck, Oxford Instruments, Mitsubishi Electric, and AVL List GmbH. These leaders shared their success...

Foxconn Chairman Young Liu suggests that Taiwan's export value bottoming out may occur earlier, in Q3. (Photo courtesy of United Daily News)

ICT Industry Leaders Foresee Taiwan's Sluggish Export to Rebound in Q3

Jun 05, 2023

As Taiwan's export value has been on a continuous downtrend for the past eight months, the Taiwanese government holds pessimistic views that the economy will not bottom out until the fourth quarter of this year. However, a statement from Foxconn Chairman Young Liu on May 25 suggests that the turnaround may occur earlier, in the third quarter. Richard Lee, Chairman of the Taiwan Electrical and Ele...

Taiwan received redirected orders from the ASEAN region, resulting in an extraordinary record-breaking order amount of US$6.44 billion in April. (Photo courtesy of United Daily News Group)

ASEAN Serves as Sliver Lining to Taiwan's Continuously Shrinking Export Orders

May 24, 2023

In recent months, Taiwan experienced a decline in export orders from key trade partners including the US, China, Hong Kong, and the ASEAN region, as reported by the Ministry of Economic Affairs (MOEA). However, there was a turnaround in April, when Taiwan received diverted orders from the ASEAN region, resulting in an extraordinary record-breaking order amount of US$6.44 billion. Taiwan's over...

Protective components crucial in three areas for top supplier</h2>

Protective components crucial in three areas for top supplier

Dec 29, 2022

Major component suppliers are adjusting their operational strategies as long-term trends in specific markets have grown in size and demand. Circuit protection component maker Thinking Electronic is such a company, with its newly-appointed general manager Chung Shih-yin noting that the company will expand investment into three fields by 2025: automotive, industrial control systems, and power su...

Popular biz networking events and seminars an optimistic prelude to 2023 </h2>

Popular biz networking events and seminars an optimistic prelude to 2023

Dec 19, 2022

As 2022 draws to a close, industries are ramping up to re-engage with international buyers and suppliers. In the manufacturing industry, for instance, seminars sharing digital transformation experiences and solutions, as well as trade networking events, were popular gatherings at the year-end to help companies to prepare for 2023. According to an Economic Daily News article, at a metal process...

Photo credits: UDN/Reuters

2023 manufacturing industry to see 3.24% growth, warns caution: IEK

Nov 30, 2022

The Industrial Technology Research Institute (ITRI) reported careful consideration of the domestic and foreign political and economic situations at its "2023 Taiwan Manufacturing and Semiconductor Industry Prosperity Outlook Press Conference," where the institution released the forecast results of the 2023 Taiwan Manufacturing and Semiconductor Industry Prosperity Outlook. ITRI revised the ma...

Photo credit: UDN photo/Reutuers

TECO EV power system sees rapid growth amid India market plans

Nov 15, 2022

TECO, a major electric motor manufacturer, offered future estimates that the performance of the electric vehicle power system will increase by 30% annually today. However, TECO believes the performance of the electromechanical system will fall flat next year, with smart energy expected to grow significantly and smart life solutions expected to rise steadily. TECO also revealed plans that the new ...

A file photo depicting an EV. (UDN file photo)

Lithium prices soar as EV demand surges

Oct 31, 2022

Since the beginning of this year, global electric vehicle (EV) shipments have grown significantly, especially with the surge of production in mainland China. The increase in various battery shipments largely drove the growth in China, be it lithium ternary batteries or lithium iron phosphate batteries (LEP). Both types require the use of lithium metal, and the price of lithium has continued t...

Photo credit: UDN File Photo

Giant Group seeks carbon rights for bicycle industry from EU

Oct 27, 2022

As climate change impacts the world, understanding and incorporating ESG has become a necessity. Giant Group Chairman Bonnie Tu has pointed to bicycling eventually becoming the best option for commuters due to its energy-saving advantages. Tu and other Giant Group corporate representatives attended a sustainability forum co-hosted with Commonwealth Magazine ahead of the bicycle maker's 50th an...

FIle photo of a shoemaking factory production line. Photo credit: UDN/Reuters

Shoemaking industry Q4 demand slows

Oct 24, 2022

After Nike's inventory was reported at higher levels than market expectations, German sporting goods giant Adidas followed suit and lowered its financial forecast for this year. As a result, Taiwan's footwear industry is expected to slow down in the fourth quarter regarding orders and shipments, with unclear visibility for 2023 Q4. Taiwan's top garment manufacturer Top Star-KY admitted that th...