Taiwan Association of Machinery Industry (TAMI) issued on Sept. 8th the newest machinery equipment export figures for the first eight months, which was at USD$16.63 billion, a 9% decrease compared to last year's results. In New Taiwan Dollars, that would equal to NTD$497.4 billion, a 12.3% year-on-year loss. Machinery export figures were valued at USD$2.15 billion in August alone, representing...

The infringement case against Taiwan's Depo Auto Parts Industry Co. Ltd. by Daimler AG over a headlight design in 2017, and the following ruling in favor of Daimler, could prove to be obstructive towards Taiwan's lucrative aftermarket (AM) auto parts industry. The court not only ruled Depo to pay damages of NT$30 million towards Daimler, but more importantly, it was restricted from manufac...

Hota Industrial Chairman Shen Kuo-jung predicted a dire outcome for Taiwan's smaller machine tool firms should the global pandemic, and U.S.-China trade tensions fail to settle down by summer next year. For Taiwan's machine tool industry, Shen said, "there would be a reshuffling and elimination of smaller industry players." However, he also believed those circumstances were favorable for the l...

Brazil’s new crown pneumonia epidemic has rapidly increased. Brazil’s Vale, the world’s largest iron ore producer, is facing an out-of-control impact. The market is worried that iron ore production and sales will be affected. new highs. Experts from Sinosteel (2002) evaluated that steel prices will rise steadily under the effect of rising costs, with a promising outlook. According to a legal p...

Apple is considering to invest over US$330 million in a factory in northern Taiwan to manufacture both LED and micro-LED displays for its iPhones, iPads, MacBooks, and other new devices. Apple is teaming up on the new factory with Epistar, Taiwan's top LED producer, and Taiwanese LCD panel maker, AU Optronics. The plant will be located in the Longtan branch of the Hsinchu Science Park and Appl...

What the epidemic showed was the amazing flexibility of Taiwan's machine tool industry. Taiwan, which has allowed the semiconductor industry to specialize in the past, has finally realized that these machine tool industries with amazing strength are the "invisible champions" of Taiwan's economy. In early February, three companies -- Habor Precision, Tongtai Machine & Tool and Taiwan Takisawa -...

Under the epidemic situation, the regulations on production and creation were useless. Minister of Economy Shen Rongjin promised in the Legislative Yuan yesterday (4) that he would build a machine tool to upgrade the automated production platform, discuss with the industry within a period, and put forward specific plans. When the international economy recovers, the unit can be transported to all ...

South Korea’s March factory output jumped by the most in 11 years as demand for display panels and cars received an unexpected boost from lengthy shutdowns in competing Chinese factories amid the coronavirus pandemic. Industrial output surged by a seasonally adjusted 4.6% in March from a month earlier, government data showed on Wednesday, marking the biggest expansion since a 7.3% jump in Febr...

Minister of Economy Shen Rongjin pointed out yesterday (28) that from the US-China trade war to the spread of the new crown pneumonia epidemic, the "de-globalization" of manufacturing is now a key issue for companies. In addition to the use of Industry 4.0 Internet of Things remote control machines , And also readjust the global stronghold. He also said that companies including information and c...

China is the world's largest producer and seller of electric vehicles. In 2020, electric vehicle sales will look at 2 million units, driving the rapid growth of industries such as batteries, connected cars, autonomous driving and charging equipment. Although the Chinese electric vehicle market is dominated by domestic production and domestic sales, due to the current lack of technology and R & D ...