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.
The epidemic severely hit the economy, and logistics was severely hindered, affecting the production and sales of steel. Because steel cannot be sold, high stocks have become the norm. Many listed steel mills in Taiwan point out that overseas shipments have plummeted by more than 20% from April. The single situation will reduce the annual rate by 50% or even higher. "There is already the worst pl...
The International Monetary Fund (IMF) has lowered its projection for Taiwan's economic growth in 2020 to minus 4.0 percent from 2.0 percent because of the COVID-19 coronavirus pandemic, according to its latest World Economic Outlook report. In the report released Tuesday, the Washington, D.C.-headquartered organization presented the adjustment from the projection it made in its previous report...
The Ministry of Political Affairs announced yesterday (8) that exports in March reached US $ 28.27 billion. Although it turned from red to black, the annual decrease was 0.6%, which was still slightly better than expected. According to the analysis of the Ministry of Finance, although the new coronary pneumonia epidemic has engulfed the whole world, the purchase of integrated circuits has not fal...
In response to the impact of the epidemic on steel downstream and industrial supply chains, China Steel Corporation (CPC) announced the integration of business and technical resources and the establishment of an "Industrial Care Group" to actively care for downstream customers, understand their needs, and provide comprehensive customized support and service. Sinosteel stated that the was sprea...
The epidemic of the new novel pneumonia is very popular. The export of screws is facing the dilemma of blocking transportation and circulation. The main factories Chunyu and Juheng face the test and respond actively. The legal person estimates that the next season should be the key point to meet the upturn. According to analysis, the global epidemic has entered a peak period, and the internati...
The metal industry is the mother of heavy industry and its applications are ubiquitous. For example, 3C products, machine tools, medical equipment, and light industries need to use metal structural materials. The metal industry has been actively upgraded and transformed in recent years. To this end, the Industrial Bureau and the Institute of Industrial Technology have also promoted the "Smart Met...
The Taiwan Machinery Association (Taiwan Machinery Association) announced that the export value of Taiwan ’s machinery and equipment in the first two months of the year was 3.96 billion U.S. dollars, a decline of 8% from the same period last year, mainly due to the double pinch of the new crown pneumonia epidemic and the appreciation of the New Taiwan dollar; , A decrease of 10.5% compared to the...
China Steel Corporation's (CPC) self-assessed February revenue was 26.06 billion yuan, an annual decrease of 4.23%. With the global epidemic of the new crown pneumonia epidemic, it may lead to the weakening of international steel production and sales, coupled with the plunge in oil prices, the global economy is frightened and needs time to settle.CPC emphasizes that it has no pessimistic right an...
Taiwan's mold & die industry features excellent technology as well as competitive quality and price. In order to move towards intelligent manufacturing, the Industrial Development Bureau (IDB) of the Ministry of Economic Affairs commissioned the Metal Industries Research and Development Centre (MIRDC) to set up an Intelligent Manufacturing Demonstration Field for the Stamping Die Industry to atta...
In a special address at the World Economic Forum (WEF) annual summit, Trump said since he last addressed Davos two years ago, the US has enjoyed the “great American comeback” that he had predicted. “Today I am proud to declare that the United States is in the midst of an economic boom the like of which has never been seen before,” he said. The first phase of the trade deal between the two econ...
