Weather issues and natural disasters are expected to impact automotive chip supply even further, experts say this week. The water shortage has worsened in Taiwan, necessitating further restrictions, the Ministry of Economic Affairs announced on Wednesday. Starting from February 25, industrial areas in Hsinchu, Miaoli, and Taichung will see mandatory water restrictions imposed, upping restricti...

In the latest global economic forecast reports, a number of global organizations have indicated a decline for the majority of global industries in the coming year. Both organizations named the worsened second-wave of the COVID-19 pandemic in Europe, India, Brazil, and Latin America, as the prominent reason behind the downward trend. The International Monetary Fund (IMF) and Organisation for E...

Due to the COVID-19 pandemic, the global chip shortage has led to foreign government leaders imploring Taiwan's semiconductor industry's assistance, signifying Taiwan's crucial role in the automotive sector. However, with TSMC's importance in the global production chain, experts indicate that the shortage will continue throughout Q1 and only resume prioritization for auto chips. While there ar...

MicroLED maker PlayNitride and the Industrial Technology Research Institute (ITRI) have signed on a long-term collaboration project to further cement Taiwan's role in the MicroLED-trillion-dollar market. PlayNitride CEO Charles Lee, who had just won this year's SID special contribution award, said the partnership would combine PlayNitride's advanced technology and production capabilities with ...

Media reports Jamicon benefiting the greatest in the Yageo Corporation and Foxconn beginning a strategic collaboration, as the capacitor-maker under Yageo could enjoy a strong growth due to electric vehicle demand. Industry watchers pointed out that while the two firms had no existing partnerships in the past, Foxconn's proactive initiative with Yageo has put the two firms into each others' pa...

According to TrendForce's Topology Research Institute data, global auto sales estimates look optimistic in 2021 and could reach 83.5 million units. Auto brands and Tier 1 suppliers have been rebuilding their inventories this Q4, buoying demand for auto semiconductors. The institute estimates the global auto chips industry value could hit USD$18.67 billion; in 2021, that could grow 12.5% to re...

Global high-end lithium iron phosphate battery maker Aleees saw a rebound in YoY growth, as its combined revenue in November hit NTD$15 million, indicating resumed demand and further increasing its investments in new energy solutions for automotive use. Aleees remarked that the firm is currently replacing its automotive lead-acid batteries with the new lithium iron phosphate options, having be...

Investors are looking into industrial metals, such as copper and nickel, as the COVID-19 vaccine news and the government's stimulus plans have prompted renewed confidence in the manufacturing industry. The vaccine news and U.S. President-elect Joe Biden's win have smoothed out investors' concerns and would serve to bolster the economy. China's increasing procurement of metal products have ...

Taiwan's fasteners have long been the top contributors to the island's exports, renowned globally as a prominent manufacturer. Last year, this island shipped out fasteners valued at USD$4.31 billion, just behind China, Germany, and the U.S. In terms of outbound volume, Taiwan ranks second place worldwide. The local industry here has gained its sterling reputation with their prompt delivery, excel...

The current global supply chain trends would move towards safety-orientation over profits, National Taiwan University Honorary Professor Chen Po-chih said. Chen's remarks come before the "Economic Investment Outlook Seminar" on Dec. 17, hosted by the Economic Daily News, where he is slated as among the keynote speakers. The forum will invite domestic and foreign academics and speakers to analy...