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.
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...
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 ...
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...
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...
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...
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...
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 ...
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 ...
A majority of Taiwan's CEO expressed optimism regarding the economy, citing Taiwan's favorable pandemic response as the primary factor, revealed a survey conducted by KPMG in Taiwan. The survey suggested that CEOs felt the business models had borne innovative results in the past few years. The 56% of CEO's optimism is much higher than the regional average of Asia Pacific CEOs (47%) and global ...
ITRI and Synopsys Inc. announced on October 21 that they jointly established the AI Chip Design Lab at ITRI headquarters in Hsinchu to help Taiwan’s semiconductor industries gain an advantage in the age of AI and 5G technology. The aim is to incentivize more businesses to invest in device-end AI chip technology and help accelerate AI chip development in local semiconductor industries. Der-Shen...
