Two major industrial association-backed "Taiwan Smart Manufacturing Alliance" reached a consensus through forming a promotional committee on Feb. 8, media reported. The alliance, the brain-child of the Taiwan Association of Machinery Industry (TAMI) and the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), will become the primary platform to promote the "Machinery Cloud," a...

In response to the surging pandemic at home and abroad, the show organizers have decided to postpone the physical exhibition, but TIMTOS 2021 online exhibition (TIMTOS 2021 Online) will continue as scheduled to serve exhibitors and buyers worldwide. The announcement comes after the Taiwan Center for Diseases Control stressed that if it is impossible to maintain social distancing among attendees, ...

Show organizers of the biennial machine tool trade show TIMTOS 2021 have suspended in-person events due to the recent domestic COVID-19 cluster. Originally slated for a hybrid opening for both online and offline events starting on March 15 to 20 at the TWTC Exhibition Hall 1, Nangang Exhibition Center Halls 1 and 2, show organizers Taiwan External Trade Development Council (TAITRA) and Taiwan...

In the latest global economic forecast reports, a number of global organizations have indicated a decline for the majority of global industries in the coming year. Both organizations named the worsened second-wave of the COVID-19 pandemic in Europe, India, Brazil, and Latin America, as the prominent reason behind the downward trend. The International Monetary Fund (IMF) and Organisation for E...

Due to the COVID-19 pandemic, the global chip shortage has led to foreign government leaders imploring Taiwan's semiconductor industry's assistance, signifying Taiwan's crucial role in the automotive sector. However, with TSMC's importance in the global production chain, experts indicate that the shortage will continue throughout Q1 and only resume prioritization for auto chips. While there ar...

A growing global lighting industry, economy, population, and urbanization are all closely tied to energy consumption demand. For example, stable economic growth and urbanization will prompt office buildings, factories, service industry, and residential buildings. Increasing night-time activity is also correlated to a favorable financial situation, meaning lightning demand will also increase. H...

MicroLED maker PlayNitride and the Industrial Technology Research Institute (ITRI) have signed on a long-term collaboration project to further cement Taiwan's role in the MicroLED-trillion-dollar market. PlayNitride CEO Charles Lee, who had just won this year's SID special contribution award, said the partnership would combine PlayNitride's advanced technology and production capabilities with ...

The COVID-19 pandemic has changed the public's awareness of clean, quality air and other related health issues, accelerating Taiwan's architecture industry's foray into the latest global trend: "healthy buildings." In response to the government's pandemic-prevention regulations, the Taiwan Architecture & Building Center (TABC), Taiwan Wellness Building Association, SEED, International WELL B...

With the machinery industry slowly seeing renewed growth after the year-long slump due to the coronavirus outbreak, domestic machine tool and parts firms Cheng Tai, AWEA Mechantronic, Tong Tai, He Da, Gao Feng, and Hiwin have all seen significant order increase in Q4. Machinery firms expressed optimism regarding next year’s forecast, indicating a robust upward tick for 2021 revenue compared to...

The Economic Ministry Department of Statistics released last year's factory census report on Tuesday, reflecting the impact from the China-U.S. trade war, showing a 3.8% YoY decline, and NTD$16.9 trillion in revenue. The report found despite the decline, the semiconductor industry showed strong growth amid increasing investments and Taiwanese businesses returning to the island. The situation ...