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.
With global temperatures hitting record-highs in 2020, designing energy-efficient green technology, and implementing sustainable methods in the initial stages of product designs has become more vital than ever with the pandemic and global warming challenges. Together with a dozen enterprises, Industrial Technology Research Institute (ITRI) Green Energy and Environment Research Laboratory desi...
■ Huang Chih-ming Slated for its sixth edition on Oct. 14 to 16, the Taiwan International Show (Fastener Taiwan) is now postponed to Sept. 2021 after careful consideration between the organizers Ministry of Economic Affairs Bureau of Foreign Trade, and implementers, Taiwan External Trade Development Council (TAITRA), and Taiwan Industrial Fasteners Institute (TIFI). This decision was made in c...
“Taiwan will utilize domestic demand, particularly demand from the public sector and national security needs, as the fuel for our industrial development,” The president Tsai Ing-wen said.The president added that Taiwan would aim to create a strategic materials manufacturing industry with vital industrial chains onshore to ensure self-sufficiency in producing medical and daily supplies, energy and...
Many industries have been affected by the prevalence of the COVID-19 pandemic. On top of the government’s industrial relief and revitalization policy, many small and medium enterprises (SMEs) should think about how to accelerate the deployment for “digital transformation”, including digital application services, products, and related digital tool technology. Taiwan plays an important role in the ...
Taiwan’s industrial production surprised on the upside even though it continued to contract. The impact of the coronavirus has yet to be fully reflected in the data. Industrial production fell just a little.Taiwan‘s industrial production shrank by just 1.51% year-on-year, better than the consensus estimate of -4.0%. One important factor is that 5G infrastructure has pushed up growth in the ...
The statistics of main industries in Taiwan in the first 3 quarters of 2019 have been published. The first 3 quarters of 2019 saw decline in both volume and value of steel fastener export in Taiwan. This is mostly affected by two global incidents, one being the U.S./China trade war and the other being the regional trade conflict between Japan and South Korea. As shown in the following table, T...
Taiwan Hardware Show 2019 (THS）served as the best business platform for the hardware industry in Taiwan, netting tremendous business opportunities for participants during its three-day run from October 17 to 19 in Taichung.With over 430 exhibitors using over 1000 booths, it created a record high this year. Huang Hsin-te, chairman of Taiwan Hand Tool Manufacturers’ Association said Taiwan is a...
Affected by the U.S-China trade war, the Fastener industry in Taiwan has declined while the first three quarters has reached to over 1.19 megaton with a 5.25% decrease this year, equaling to 105.6 billion. It declines for the first time in three years. According to Taiwan Industrial Fastener Institute (TIFI)’s statistics, the volume of exporting fastener marked at twelve thousands of tons with...
The U.S.-China trade war has revamped the world’s industry supply chains and further rekindled the supply chain in the Southeast Asian region. Amid the turbulent overhaul of the status quo, Taiwan’s fastener firms, which primarily export to European and American markets, would bear the brunt of industry uncertainty as orders are redirected away from China, once coined the world’s factory. Many Ta...
The U.S.-China trade war has restructured the global supply chain, giving Taiwanese firms in Southeast Asia the advantage for expanding their production capacity to direct business orders away from China. As the largest fastener supplier in Malaysia, Chin Well Holdings Berhad, the investment holding company mainly focused on domestic sales, and partly exported to Europe. However, under the ten...
