The rising COVID-19 cases in Taiwan have prompted technology companies to return to remote working or staggered shifts. TSMC was among the first companies to return to staggered, remote, or off-site working, starting April 2. Taiwan's three biggest telecom companies have also resumed remote work. Following the four-day Qingming Festival holidays, many technology companies have stepped up o...

The Chung-Hua Institution Economic Research (CIER) released the March manufacturing PMI on Friday, which has expanded for 21 consecutive months, but the index has fallen back to 57.8%. Concerns were expressed that geopolitics will lead to a decline in the outlook index for the next six months; scholars believe that the Russian-Ukrainian war factor has not fully been factored into the PMI performa...

Editor's Notes: As the past two years have shown, the overall discussion of climate change, policies, and improving technologies have spearheaded transformations in the automobile industry, namely by the increasing demand for electric vehicles (EV). In this year’s April edition of the Taiwan Transportation Equipment Guide (TTG), we are formally introducing a section for automotive electronics, a...

While many industries in Taiwan experienced a boom in orders, parts of the world saw shortages and repair services unable to meet demand due to disrupted supply chains since the pandemic began in 2020. Overall, research studies and experts expect similar tight conditions going into 2022, and could only ease up in 2023, but also offered a tentative silver lining. For instance, global rating age...

After two years of the COVID-19 pandemic and the world grappling with Russia’s invasion of Ukraine that began on February 24, supply chain disruptions that have derailed many industries are forecasted to continue well into 2022, amid a myriad of trends and problems. In this section, we discuss industry trends in three main areas. Auto Parts Auto parts, or more specifically, aftermarket (AM)...

Japanese automotive brand Toyota's recent announcement of reducing production in March due to chip shortages is another setback for the company, as this would not be its first time scaling back capacity in the past two years. Earlier, Toyota had also announced that the chip shortages had slashed the group's production goals from April to June. However, Economic Daily News points out that Toyot...

1. Foxconn MIH Alliance Sees Over Hundreds of Japanese Suppliers Join Foxconn's foray into the electric vehicle industry is seeing big gains, as The Nikkei reported that notable Japanese brands like Toyota, and auto part supplier Denso, which has invested in TSMC's Kumamoto factory project, are all slated to join Foxconn's MIH Alliance initiative. Other benchmark Japanese suppliers, such as Ho...

Despite the National Development Council (NDC) announcing a slight drop of the economy's composite index of economic indicators for Taiwan for January on Tuesday, overall signals indicate a strong market and investments performance. The index fell two points from 38 to 36 between December 2021 and January, sitting in the yellow-red range on the council's five-color rating system, with "blue" i...

The domestic container shipping industry believes that the container ship market is still experiencing difficulties as Asian countries enter the Year of the Tiger. The current information obtained by domestic companies is that the port congestion situation in the U.S. is still difficult and unlikely to lessen in the short term. Fortunately, shipping prices were able to experience a brief repr...

In the past two years, the global COVID-19 outbreak has caused major international exhibitions to be canceled one after another, prompting waves of changes needed to overhaul the marketing model of traditional physical exhibitions. In the past, many international buyers mainly sought overseas potential partners and agency brands by participating in major international exhibitions. However, as...