South Korea’s March factory output jumped by the most in 11 years as demand for display panels and cars received an unexpected boost from lengthy shutdowns in competing Chinese factories amid the coronavirus pandemic. Industrial output surged by a seasonally adjusted 4.6% in March from a month earlier, government data showed on Wednesday, marking the biggest expansion since a 7.3% jump in Febr...

Minister of Economy Shen Rongjin pointed out yesterday (28) that from the US-China trade war to the spread of the new crown pneumonia epidemic, the "de-globalization" of manufacturing is now a key issue for companies. In addition to the use of Industry 4.0 Internet of Things remote control machines , And also readjust the global stronghold. He also said that companies including information and c...

Detroit's car companies are targeting May 18 to resume some production at their U.S. factories after the companies shut down their plants in March amid the spread of the coronavirus, according to people familiar with the plans. Executives from General Motors Co., Ford Motor Co. and Fiat Chrysler Automobiles NV in recent days tentatively settled on the timeline after talks with United Auto Work...

The chairman of Sinosteel Wong Chao-tung believes that the epidemic triggered a global closure of the city and the country, which caused the industry to break the chain and reorganize after the chain is broken. This is a crisis and a turning point. The only way to use the "curvy overtaking" is to avoid the Red Sea market. In order to survive the epidemic, it is necessary to find a new blue ocean...

Samsung ’s timetable for the popularization of Micro LED TVs has been delayed until 2024. Analysts believe that the current unit price of Micro LED TV panels is too high to be overcome, and AUO (2409) and Chuangchuang Display Technology are catching up with this generation of monitors. Areas, and lock in vehicle applications, relatively beneficial for promotion. Lin Zhengxian, an industry anal...

The Cabinet on Thursday allocated the bulk of a special NT$150 billion (US$4.98 billion) budget to revitalizing the domestic economy, which has been hard hit by the COVID-19 coronavirus pandemic. Pending legislative approval, NT$133.5 billion will go towards helping with the recovery of local businesses and other entities and providing relief to self-employed workers, according to the Director...

Japan's exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic is inflicting on global demand and trade. Monday's bleak data underscored the challenges Prime Minister Shinzo Abe's government faces in dealing with a collapse in activity that is expected to send the glob...

Affected by the epidemic, new cars in the auto market this year may become popular. In addition to the earliest SKODA Scala changed to an online press conference, and the heavyweight brand new car of Lexus LM under Thai Automobile also gave up the physical press conference. Ford also adopted the online form last week to announce the new year of the important car Focus. According to the plans of v...

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...

Energy consultant Wood Mackenzie estimates that global electric vehicle sales this year are expected to decline 43% from last year to 1.3 million units, mainly due to the impact of the new crown epidemic, demand for low fuel prices, delayed purchase of fleets, and worried consumers Hold a wait-and-see attitude first, and postpone the purchase decision. Wood Mackenzie's research report pointed ou...