cens logo

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.

Photo Credit: UDN File Photo

Manufacturing index signals flat growth amid Omicron wave for November

Dec 30, 2021

Taiwan Institute of Economic Research (TIER) announced the November manufacturing index on Thursday, signaling that the overall index rose by 0.14 points from 15.14 points revised last month to 15.28 points in November. The index signal, representing the state of the manufacturing index, has remained in the green index for two consecutive months now. The application of emerging technologies an...

Metal price rally to continue into 2022, pressures EV penetration</h2>

Metal price rally to continue into 2022, pressures EV penetration

Dec 27, 2021

With batteries used to power electric vehicles becoming an absolute necessity, raw metal materials in 2021 have seen a sharp rise in demand, and the trend is expected to continue in 2022. However, this will result in higher costs for automotive brands, prolonging the adoption of EVs, commonly touted as a crucial tool in fighting climate change. Just as the world is quickly adapting to the gree...

EV's cathode materials see explosive growth, est 2.15 million ton-demand by 2025</h2>

EV's cathode materials see explosive growth, est 2.15 million ton-demand by 2025

Dec 24, 2021

The demand for cathode materials used in electric vehicle batteries has increased sharply, according to TrendForce's estimates, largely due to the explosion of new energy vehicle production and sales. As the most demanded type of raw material for EV batteries, the shipments of cathode materials benefited from the rapid growth of new energy vehicles. It is estimated that the global demand for c...

Photo credit: UDN file photo

Industry, manufacturing index hits 22-consecutive-month growth

Dec 24, 2021

The Statistics Department of the Ministry of Economic Affairs announced on Thursday that the industrial production index for November was marked at 137.86, a year-on-year increase of 12.1%; the manufacturing production index for November was 141.16, a single-month high in the past year, with a year-on-year increase of 13.1%, and both marked a 22 consecutive-month expansion. The department estimat...

Photo credit: UDN File Photo

China Steel raw material costs slide amid stable revenue

Dec 23, 2021

China Steel Corporation (CSC) is forecasted to drop an average of 2.15% in new market prices next year. Due to the decline in the previous wave of price fluctuation on the coal and iron ore market, low-grade raw material costs have begun to roll into the production line. As a result, CSC has yet to see its profits impacted by the steel price cuts. CSC closed at NTD$35.8 yesterday, down 0.05 y...

Photo credit: China Steel

China Steel's new automotive-use steel headed for US markets

Dec 17, 2021

In response to the needs of major car manufacturers worldwide to reduce carbon emissions and extend the battery life of electric vehicles, Taiwan's China Steel has been actively engaged in the development of lightweight car bodies in recent years. China Steel reported that it has successfully developed a new generation of automotive steel, called MS1300, 2.2 times stronger than the structural...

Auto LED industry value to see YoY growth over 30%: TrendForce</h2>

Auto LED industry value to see YoY growth over 30%: TrendForce

Dec 15, 2021

The latest report on 2020 to 2021 global automotive LED products released by TrendForce featured figures on how the global LED headlights now make up over 60% of the market in 2021, with permeability rates in the NEV field over 90%. With the automotive market ramping up deliveries and increasing adoption of LED lights, the report expects the global auto LED market industry value to reach USD$3.51...

Peak AM auto parts season invites growth amid supply chain tangles</h2>

Peak AM auto parts season invites growth amid supply chain tangles

Dec 08, 2021

Tong Yang, a leading manufacturer of automotive aftermarket plastic parts and components, has entered its peak season in terms of revenue. In November 2021, the company reported its self-consolidated revenue was at NTD$1.669 billion, an increase of 4% over the same period last year and a 6% growth over the previous month. In the first 11 months, the accumulated consolidated revenue of 16.684 b...

IKKA-KY to focus on EV products in future, predicts growth for 2022</h2>

IKKA-KY to focus on EV products in future, predicts growth for 2022

Dec 03, 2021

The new product development of IKKA-KY, a subsidiary of Abico Group, is reported to be focusing on electric vehicles. The company is currently developing the cooling system modules and will introduce the electrified systems into mid-level new car models, and it is expected to return to an optimistic growth track next year. The latest news came from IKKA-KY's corporate briefing at the Taiwan St...

Photo credit: Evergreen Marine Corp.

Omicron variant spooks markets: Taiwan's shipping giants pledge space for domestic demand

Nov 29, 2021

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...