Multinational electronics contract manufacturer Hon Hai Precision announced a partnership with Taiwan's electric scooter maker Gogoro on Wednesday, marking a significant advancement in terms of expanding business operations on both sides. Hon Hai will be in charge of OEM manufacturing for Gogoro by setting up factories in China and India, including scooters, Gogoro's battery-swapping system, a...

Domestic gas station chain company North-Star Petroleum is taking proactive measures to stake a seat in the booming electric vehicle market by charging in metropolitan parking lots. North-Star has announced an MOU agreement with domestic parking lot provider City Parking, which has 610 parking lots in Taiwan. Initial plans include setting up EV DC charging lots in popular parking lots and usi...

Formosa Plastics Group is slated for an electric vehicle (EV) launch through investment with the Formosa Plastics Transport Corps, supervised by Wang Wen-chao, a member of the Standing Committee of the Formosa Plastics Enterprise Management Center. The first EV truck prototype will be launched in July. Formosa Plastics Group has invested and obtained three key technologies for EVS, such as bat...

Hon Hai announced on Thursday evening that it had invested MYR$108 million (about NT$780 million) in the Malaysian technology company DNeX, holding 5.03% of the shares, which is equivalent to indirectly investing in the Malaysian 8-inch wafer fab SilTerra. The move is highly regarded as Hon Hai's furthering attempt to cement its status in the electric vehicle industry. Hon Hai announced that ...

The Ministry of Economic Affairs (MOEA) is slated to announce new virus prevention guidelines for domestic companies to follow in light of COVID-19 clusters breaking out in chip factories. The flurry of measures and urgency towards the latest cluster is largely due to the increasing cases linked to migrant workers working at King Yuan Electronics factories in Miaoli County. The new operati...

Material shortages Taiwan Machine Tool & Accessory Builders' Association (TMBA) Chairman Hsu Wen-hsien has named shortages in the machine tool industry as the biggest concerns that could impact the sector's revitalizing efforts in the short term, according to media reports on Thursday. The machine tool sector was booming from orders coming in during the latest three quarters, however, Hsu p...

The Industrial Technology Research Institute (ITRI) IEKCQM, having reviewed the political and economic situations at home and abroad, released its report for Taiwan's manufacturing 2021 forecast on Thursday. ITRI predicted the manufacturing output value this year will hit TWD$20.92 trillion, and the output value growth rate will be 10.03%. All industries are showing positive growth, among the...

Research institute TrendForce's newly released study outlined that due to the COVID-19 pandemic, the demand for technology products was consistent since Q2 last year, however, shortages threaten to upend the status quo. Shortages in 2021 are primarily exacerbated by Samsung's (SDC) phasing out its LCD production, as well as continual shortages for parts in the upstream IC supply chain, accordi...

With the advent of auto-technology, Market Intelligence & Consulting Institute (MIC) emphasized that global traditional car factories are accelerating their investment and R&D capabilities in developing three trends: electrification, smart-capabilities, and service-oriented tech. MIC's senior industry consultant and substitute director Hung Chun-hui made the remarks while speaking at the COMP...

Electric vehicles (EV) and related technologies were the major highlights at this year's Taipei AMPA show. For instance, the pavilion from the mobility Taiwan Automotive Research Consortium (mTARC), an entity under the Economic Ministry Department of Industrial Technology, showcased EV and self-driving vehicle technologies developed by domestic companies and research institutions. Among their...