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.
As the newest highlighted COVID-19 variant of concern, Omicron has the European region and the U.S. on high alert. In response to potential worsened snags in the global ports, the media has reported Taiwan's top four major container carriers and shipping companies -- Evergreen Marine, Yangming, Wan Hai, and T.S. Lines -- pledging to do their best in prioritizing shipping space of domestic indust...
China Steel Chairman Weng Chao-dong said today that the bullish trend in the steel market would continue unimpeded and cited an optimistic outlook for next year. Due to other factors such as added costs from environmental issues, steel production, and shipping delays, the forwarded costs are expected to continue for another two years. The national steel maker's earning call was held on Wednesd...
The Statistics Department of the Ministry of Economic Affairs announced today (22) that the value of export orders in October closed at US$59.10 billion, a record high in the same month of the previous year, an annual increase of 14.6%, and marked a 20-month consecutive run. The department estimates that the value of export orders in November would be between USD$59 billion and USD$60.5 billio...
TECO, a major electric motor manufacturer, plans to replicate its manufacturing experience in the Indian market and enter the electric vehicle market in Turkey and Indonesia. TECO currently has orders for smart energy exceeding NT$10 billion, citing a lucrative opportunity in scaling up its operations in the EV industry. In response to the market's concerns regarding when TECO becomes profita...
The Taiwan Association of Machinery Industry (TAMI) announced on Tuesday that the export value of machinery and equipment in October amounted to US$27.163 billion, an annual increase of 28.8%; the value in Taiwan dollars was 762.187 billion yuan, a yearly increase of 21.4%, a record high for the same period in history. For ten consecutive months, exports of machinery and equipment have experience...
The global event representing the USD$477 billion global aftermarket (AM) auto parts industry, Automotive Aftermarket Products Expo (AAPEX) kicked off last week at Sands Expo and Caesars Forum in Las Vegas. Lasting through November 2 to November 4, the gathering would mark its first reopening in an in-person fashion after the COVID-19 pandemic swept the world in 2020, prompting the first-ever onl...
In an article first published in the Business Weekly, and through a media collaboration, republished in the Economic Daily News, an investor banker industry analyst attempted to break down why Taiwan tech giant Foxconn's Foxtron Vehicles business model will prove advantageous in the long run. On October 18, Foxconn Founder Terry Guo arrived at the product launch event behind the wheel of Foxtr...
According to the Paris Agreement in 2015, emissions from global transportation made up 23% of overall greenhouse gasses and were on track to reach 50% by 2050 if things were maintained as usual. Thus, the electrification of vehicles on the road appeared to be the inevitable trend to lessen the impact of greenhouse emissions on global temperatures. To limit global warming of temperatures below ...
The first edition of the three-day in-person 2035 E-Mobility Taiwan wrapped up to a close on the 22nd, with its virtual edition continuing to Nov. 20. E-Mobility is an international exhibition that showcases the electric vehicle and self-driving car ecosystem. As show organizer TAITRA's Chairman James Huang said during his opening ceremony remarks on the 20th, the much-touted show is intended ...
Taiwan is among the top exporters of fasteners, ranging from screws, nuts, and bolts, thanks to over 70 years of industry experience. The island's industry hub is concentrated in Kaohsiung's Gangshan and Luzhu Districts, where fastener makers are a common fixture in the community. According to Metal Industries Research & Development Centre's (MIRDC) statistics, Taiwan's export volume is only ...
