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.
Trade event promoter Taiwan External Trade Development Council (TAITRA) is gearing up for multiple slots of expos this year, including those scheduled in late spring and early summer. For instance, Taiwan's biggest computer expo COMPUTEX will be hosted in a hybrid capacity, with in-person events kicking off on May 24 to 27 at Taipei's Nangang Exhibition Center, while the virtual expo will las...
Hopes are high for Taiwan's export performance for December and the entirety of 2021, reported the Ministry of Economic Affair's Department of Statistics. Export figures are scheduled to be released by the Statistics Department on Jan. 20. Initial estimations show export order value in December at between USD$60.5 billion to USD%62 billion, marking either an annual decrease of 0.1% or an incr...
The new year was ushered in over the weekend; despite new beginnings, trends in 2021 that included shortages and rising prices will continue into 2022, exacerbated by backlogged shipping ports and worsening COVID-19 situations in major manufacturing hubs. Chip Shortages Since the COVID-19 pandemic ramped up in 2020, semiconductor shortages persisted as supply failed to keep up with consumer...
The "Intelligent Asia" Industry 4.0 and Smart Manufacturing Exhibition kicks off on Dec. 15, combining the seven major industrial exhibitions including Taipei Automation 2021, Taiwan Automation Intelligence and Robot Show under the same venue. The event will bring together more than 1,000 exhibitors and use more than 4,000 booths, with attending Taiwanese companies including Shanghai Bank, TEC...
Amid the news of product and raw material shortages due to many issues in the global production chain and export countries, aluminum makers warned about the incoming shortage of magnesium, a crucial component in the production of alloys. International news outlets have pointed to the energy crisis in China as the nexus point that further worsened the snowball effect of shortages of essential r...
Taiwan Power Co. (Taipower) announced that as of Thursday evening, the operating reserve of electricity was reported to be at only 4.32%, with the state power supplier's status index showing an orange light indicating a stressed capacity in the afternoon. The news comes amid heightened awareness regarding energy supply as countries around the world battle with impending power shortages or pow...
Supply chain disruptions caused by the COVID-19 pandemic could severely worsen this year to another level, reported BofA Global Research. The industry research report issued on Thursday presented a pessimistic outlook. Analysts at the Bank of America said the many issues seen in the U.S. are only the beginning, such as the lack of workers unloading sea freight containers. "These issues will l...
The three top challenges found by a Taipei Computer Association-led survey of its ICT industry members all pointed to issues tied to the COVID-19 pandemic. In the past six months, suppliers named chip shortages, expensive shipping costs, and the inability to travel overseas for business as the top three major issues. Around 26% of respondents named chip shortages as their biggest hurdle, follo...
Media reports say that prolonged restrictions in Southeast Asian countries have taken a toll on their economies due to the Delta variant-fueled COVID-19 outbreak. Governments have begun reopening their economies despite the surge of COVID-19 cases and lack of containment, largely blamed on the slow vaccine roll-out. The region had quickly overtaken other parts of the world to become the worst...
The machinery industry in Taiwan has been experiencing a five-month consecutive growth in the double-digits as of Taiwan Association of Machinery Industry's (TAMI) statistics released in June, rounding up the export value at USD$13.167 billion, a 27.5% annual growth. Figures indicate that the growth would continue despite the local COVID-19 outbreak in Taiwan. As of writing, Taiwan is still a...
