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.
To develop Taichung City, central Taiwan, into a cluster for the local aerospace industry, Taichung City Government signed a strategic cooperation agreement with H.H.J. Aerospace Industry Development Foundation. The two parties aim to promote the city as an aerospace industrial product center on the island with potential to gradually expand its operational scale. Taichung City Mayor Lin Chia-...
Delta Electronics Inc. of Taiwan, a major maker of power supply products that has been aggressively developing new-energy businesses, said earlier that it is scheduled to kick off mass production of lithium-ion (Li-ion) rechargeable batteries in January, 2016, a move allegedly taken in response to orders from European customers. A senior Delta manager pointed out that a sizable power company i...
Airbus, recognized as the largest European aircraft maker, recently announced its delivery of the first A320Neo (New Engine Option) to the German airline Lufthansa. The foreseeable strong demand, to be buoyed by very low fuel prices that could last for some time with OPEC still unwilling to cut production to hold market share, for the A320 family aircraft is expected to benefit aviation parts sup...
The establishment of the ASEAN Economic Community (AEC) on the last day of 2015 is a major milestone in the regional economic integration agenda in the Association of Southeast Asian Nations (ASEAN), offering opportunities in the form of a market with potential value of US$2.6 trillion and over 622 million consumers. In 2014 the AEC was reportedly the third largest economy in Asia and the seventh...
The establishment of the ASEAN Economic Community (AEC) on the last day of 2015 is a major milestone in the regional economic integration agenda in the Association of Southeast Asian Nations (ASEAN), offering opportunities in the form of a market with potential value of US$2.6 trillion and over 622 million consumers. In 2014 the AEC was reportedly the third largest economy in Asia and the seventh...
The Chungkang Export Processing Zone in central Taiwan, one of several export processing zones on the island, reported fruitful results from its 2015 program to attract investments, including 18 new or capital-increase investment projects that totaled about NT$7.63 billion (US$229.7 million), outstripping its original goal, according to the Export Processing Zone Administration (EPZA) under the M...
After a disappointing year in 2015 when exports were widely reported to have declined for many months consecutively, Taiwan’s economy may probably regain momentum this year, as total output value by local manufacturing industries is forecast to bottom out by 0.96 percent year on year in 2016, according to a recent report issued by the Industrial Economics and Knowledge Center (IEK), a market rese...
Taiwan’s photovoltaic-equipment makers, including suppliers of crystalline silicon wafer, solar cells and modules operating upstream, midstream and downstream the industry, have announced extra work shifts during the upcoming Chinese New Year break, to start Feb. 6 and generally end Feb. 14, to deal with robust orders. The employers will pay two to four times their employees’ normal wages for ...
The Yeong Guang Group (YGG), a publicly held Taiwanese foundry manufacturer headquartered in Ninbo, mainland China, has announced the acquisition of Shanghai No.1 Machine Tool Foundry (Suzhou) Co., Ltd. for its plan to expand into the wind power equipment industry. The takeover, including retooling the acquired asset, costs the group less than RMB220 million (US$33.84 million), but it will hel...
Mainly due to continual price drops of raw materials and related components to drive down cost of operating photovoltaic power systems, global market demand for such power generation systems is expected to continue to soar in the years to come, according to EnergyTrend, a Taiwanese market research firm focusing on the renewable energy segment. Despite the price rebounds of solar silicon wafers...
