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 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...
Hardware, fasteners, and hand tools sectors are among the top exporters in Taiwan, delivering quality products to various global markets promptly thanks to their competitive edge of operating under an industry hub model. Managing lead times and delivery expectations have become crucial under disrupted supply chains. Prices for raw materials and energy have risen as prolonged global events like...
⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibi...
With the National Development Council (NDC) releasing its 2050 Net-Zero Carbon Emissions Roadmap on Thursday, steel metal providers outlined the potential challenges in the industry under the carbon-neutral era. Steel metal providers pointed out that while it is relatively easier to slash carbon emissions, going neutral is "revolutionary," stressing that it is an inevitable trend. With the in...
When the U.S.-China trade war began in earnest in 2018, Taiwanese industries looked on as orders were transferred out of China to avoid getting hit by tariffs, and were redirected to Taiwan instead. These included the hand tool industry as well. While Taiwanese companies were in a similar boat as the COVID-19 pandemic swept through countries in 2020, Taiwan continued relatively business as usual ...
Originally published in the Economic Daily News by ITRI Aldea AI Collaboration Platform in Mandarin Chinese Translation by Stephanie Chao Editor's Notes: To create hand tools, one must require the equipment to do so. With digital transformation and Industry 4.0 capabilities becoming more and more prevalent across different industries, the incorporation of smart machinery has become a crucial ...
The previous article discussed smart manufacturing practices and the challenges of implementing these new technologies into a real-world situation. For further elaboration on these topics, CENS interviewed Industrial Technology Research Institute (ITRI) Industry, Science and Technology International Strategy Center (ISTI) analyst Silicon Shih via email, covering overall AI trends in Taiwan's indu...
Throughout 2021, as global economies struggled against COVID-19 outbreaks, congested seaports, delayed delivery times, rising prices of crucial raw materials, Taiwan's economy was able to weather the crisis thanks to much of its industries' production capability are centered on the island. For the domestic hand tools market, one of Taiwan's top export markets, it performed admirably well as the i...
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...
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...
