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.
From the end of 2020 to Q2 this year, the price of electronic components increased across the board, squeezing electronic end-product-related companies as costs for packaging materials, plastics, and shipping costs rose. For instance, in the mobile phone industry, raw material and transportation quotations have also soared. While the manufacturer’s parts list (BOM) is under pressure, end product ...
Chung-Hua Institution Economic Research (CIER) released Taiwan's PMI score for March on April 1, arriving at a 62.7 on its report card, and marking a five-month consecutive expansion momentum above 60.0. Though, March would also signify a two-month consecutive slight decline in terms of expansion, a drop of 0.5 index points. Under CIER's PMI index, all five categories saw uptick trends, includ...
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...
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 ...
The October industrial production index increased 7.06% YOY, according to the Dept. of Statistics under the Economic Ministry on Tuesday, reaching 122.0, a second-record high in terms of monthly indexes. The latest figures signal consecutive 9-month growth. Statistics Dept. head Huang Wei-chieh said the number of national holidays last month contributed to a slightly lower index than September...
The Economic Ministry released the manufacturing industry value data for Q3 on Thursday, reporting NTD$3.24 trillion, a 4.56% decline compared to last year's same period, marking a seven-quarter consecutive negative growth. Compared to the decline, as shown in Q2's negative 11.39%-decrease, the Economic Ministry suggested that the economic recession shows recovery signs. The ministry continues...
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...
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 Taiwanese government has pledged to lead the effort in further developing the sustainable green economy, which is among the sectors highlighted in the Tsai administration's "5+2 Innovative Industries Initiative." Economic Daily News is hosting the "2020 Energy Vision Summit - Green Energy 2.0" on November 11. As one of the government's core policies, improving the island's energy self-suff...
Due to Huawei's order transfers and increased demand during peak season, Taiwan's export expanded to USD$30.71 billion in September, just behind August this year, and marks the second-highest performance in recent years, as a 9.4% yearly-increase. Finance Ministry statistics show in Q3 that export value reached USD$90.08, breaking single quarter records as a year-on-year 6% growth, surpassing ...
