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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.


RCEP Deal Impact on Certain Taiwanese Industries: Gov't</h2>

RCEP Deal Impact on Certain Taiwanese Industries: Gov't

Nov 16, 2020

With the signing of the Regional Comprehensive Economic Partnership (RCEP) — the world's largest free trade area, several of Taiwan's industries could see increased competition, reported the Economic Ministry. RCEP consists of the 10 ASEAN states, Japan, South Korea, Australia, New Zealand, and China. Even without the U.S. and India, the trade zone will cover about 2.2 billion people or 30 per...


Foxconn to Spearhead EV </h2>

Foxconn to Spearhead EV

Nov 13, 2020

Foxconn will be spearheading an electric vehicle platform called the "MIH Alliance," Foxconn Chairman Young Liu announced on Thursday, slated to attract big global names. Global giants such as Qualcomm, Texas Instruments, and MediaTek are among the 90 companies interested. The MIH aims to see the alliance hit its goals with the most impact in 2025, though Foxconn believe...


Oct. Export Data Continues Positive Growth Trend: Finance Ministry</h2>

Oct. Export Data Continues Positive Growth Trend: Finance Ministry

Nov 10, 2020

October's export figures made monthly records, reaching a yearly 11.2%-growth at USD$32.23 billion, reported statistics from the Finance Ministry. The Finance Ministry named three factors buoying October's good performance: digitalization of individual businesses, Apple's new iPhone launch, the nearing year-end shopping season, and businesses re-stocking inventory as the global economy begins ...


PMIC Shortage to Continue into 2021</h2>

PMIC Shortage to Continue into 2021

Nov 09, 2020

The current foundry model production is struggling amid increasing demand, while PMIC has run out of inventory. NB applications like power management IC suppliers have pointed out that the current supply shortage warned the situation would not let up prior before January next year. The power management IC suppliers said the shortage has continued since Q2, and while production has resumed, the...


Manufacturing Industry to Grow 4.75% in 2021: ITRI IEK</h2>

Manufacturing Industry to Grow 4.75% in 2021: ITRI IEK

Nov 05, 2020

Taiwan's 2021 manufacturing forecast suggests next year's industry value hit NTD$19.68 trillion, according to the Industrial Technology Research Institute (ITRI) ​​Industrial Economics and Knowledge Center (IEK). IEK reported an industry growth rate at 4.75%, with sectors like metal electromechanical, information electronics, chemical industry, and livelihood industry indicating positive growt...


5G Boosting Electronics Sales Factor for Uptick GDP Revision: SinoPac</h2>

5G Boosting Electronics Sales Factor for Uptick GDP Revision: SinoPac

Nov 04, 2020

Financial organizations are largely optimistic regarding Taiwan's economic performance by revising up their economic growth predictions. Analysts say the key is in the domestic and outbound demand rising in tandem and increasing demand for new technologies like 5G applications that have buoyed electronic product orders. However, economists at two international banks pointed out that Taiwan...


FCFC Enters Toyota Supply Chain as Sole Non-Japanese PP Supplier</h2>

FCFC Enters Toyota Supply Chain as Sole Non-Japanese PP Supplier

Nov 03, 2020

Formosa Chemicals & Fibre Corporation (FCFC) announced on Nov. 2 that its long-term strategy of cultivating high-value and diversification has resulted in becoming the first non-Japanese PP supplier to enter TOYOTA's supply chain in Taiwan. FCFC's latest announcement comes after three years of development and gaining Kuozui Motors' verification. The firm's PP materials are now a part of the pr...


Local Manufacturing Signals Sluggish Growth: TIER</h2>

Local Manufacturing Signals Sluggish Growth: TIER

Nov 02, 2020

The domestic manufacturing sector flashed a "yellow-blue" light in September, which signals a sluggish growth, reported the Taiwan Institute of Economic Research (TIER) last Friday. Despite the think tank's latest statistics, the economy has shown signs of recovery. TIER's economic data also indicates an uptick of 11.49 points, a small increase of 0.39 points than August. September marks th...


Passive Component Industry to See Rebound Ahead: Murata</h2>

Passive Component Industry to See Rebound Ahead: Murata

Nov 02, 2020

The passive components market is seeing a gradual recovery in the second half of 2020. A strong indicator of this sign is from Japanese electronic component manufacturer Murata Manufacturing's latest financial reports. The optimistic outlook suggests increasing demand for passive components, such as MLCC, for smartphones and auto-use parts, industry experts say. Murata executives told the ...


Taiwan Excellence Award 1st Round Selections Reveal 4 Industry Trends</h2>

Taiwan Excellence Award 1st Round Selections Reveal 4 Industry Trends

Oct 29, 2020

The first round of 2020 Taiwan Excellence Award selections, announced by the Ministry of Economic Affairs and Taiwan External Trade Development Council, saw 31.6% of ICT products advancing, followed by machinery and parts at 19.2%, furniture equipment hardware building materials ranked at third with 12.9%. The award committee will continue selecting the gold and silver award winners, with the ...