Industry Reports | Taiwan Industry Updates

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.

Setbacks in short-term to lessen amid industry trends turn to innovative, emerging tech

Global events in recent years have accelerated certain trends but also dealt significant setbacks to the overall advancement of the automotive industry. In an email interview with Industrial Technology Research Institut...

Jul 12, 2022

Economic recession? PMI outlook for next six months could fall past 40%

Chung-Hua Institution Economic Research (CIER) released the June Taiwan Manufacturing Purchasing Managers' Index (PMI) last week, indicating a 53.6%, a slight increase of 0.1 percentage points from the previous month, a...

Jul 08, 2022

OEM auto parts suppliers eye 2022 second half performance

After the economy and industries reopened for work in China, vehicle component makers regard the H2 2022 favorably, as customers in the auto OEM parts market rushed to ship out delayed orders. At the same time, there wa...

Jul 07, 2022

May exports rebound, signals continued growth into June

The Ministry of Economic Affairs announced today that export orders for May amounted to USD$55.43 billion, which not only hit a new high for the same month in previous years but was also corrected for the first time aft...

Jun 21, 2022

Automotive makers look at solar energy sector for new opportunities

Hotai Group has been actively developing clean energy solutions, with its subsidiary He Jun Energy as a primary focus. The capacity of solar energy installations this year is expected to reach 50,000KW, and the profit a...

May 09, 2022

Chip shortages continue to hamper automotive imports

With chip shortages still hampering the global automotive sector, major car manufacturers expect a shortage of cars, leading to significantly decreasing imported numbers. The total sales volume in the market is curr...

May 04, 2022

Delayed container ship production could worsen shipping in 2023

The new regulations on shipping carbon emissions are set to come into effect next year, and with the number of global container ships over 20 years old will reach 8.2%, experts warn there will be a wave of elimination o...

May 03, 2022

Phihong Technology is one of Taiwan's biggest EV charging pile suppliers. Photo credit: EDN

Industry giants team up to meet EV charging pile demand

The demand for electric vehicle (EV) charging infrastructure is seeing a significant boom as EV sales grow. As such, companies across different sectors are teaming up in cooperation to accelerate the EV movement, includ...

Apr 25, 2022

Rising COVID cases in Taiwan prompt proactive measures in tech

The rising COVID-19 cases in Taiwan have prompted technology companies to return to remote working or staggered shifts. TSMC was among the first companies to return to staggered, remote, or off-site working, startin...

Apr 06, 2022

New March PMI continues to expand for 21 months

The Chung-Hua Institution Economic Research (CIER) released the March manufacturing PMI on Friday, which has expanded for 21 consecutive months, but the index has fallen back to 57.8%. Concerns were expressed that geopo...

Apr 01, 2022

Taiwan must seize opportunities in 2022 and beyond in auto parts and EV

Editor's Notes: As the past two years have shown, the overall discussion of climate change, policies, and improving technologies have spearheaded transformations in the automobile industry, namely by the increasing dem...

Mar 29, 2022

Taiwanese suppliers to tap into increased global market demand amid tighter conditions

While many industries in Taiwan experienced a boom in orders, parts of the world saw shortages and repair services unable to meet demand due to disrupted supply chains since the pandemic began in 2020. Overall, research...

Mar 29, 2022