Foxconn is looking to explore cooperation with European tier 1 auto parts suppliers in developing 3D auto-use curved glass covers. The electronics manufacturer is also reportedly engaging in talks with European auto firms to make curved, one-piece system consoles and dashboards. In a bid to diversify its product line, Foxconn's plans to enter the lucrative auto parts industry began with provid...

According to Economic Daily News, the 2020 U.S. Business Day is slated to open this Thursday (Oct. 15), citing sources that a total of 18 buyers, including Amazon, will be attending the conference. American firms with backgrounds in electronics, ICT, auto parts, rubber products, and textiles will be attending. The Taiwan External Trade Development Council primarily aggregated Taiwan's attendin...

Taiwan's September PMI rose another 1.7 to 57.7, the most recorded since March 2018, and marked a third consecutive month of growth. For NMI, Chung-Hua Institution Economic Research (CIER) reported a 55.6, marking a four-month expansion; however, it fell short of August's 59.4, signaling a slowing down-rebound. Among the six sub-indexes, the Electrical & Machinery Equipment industry saw better...

Since July, global trade volume continues to rebound, signaling economies' restarting in a bid to make up the worldwide lockdown this spring due to the pandemic. In a report released by the CPB Netherlands Bureau for Economic Policy Analysis, the CPB World Trade Monitor in July grew 4.8% compared to June, the largest increase since the bureau began compiling statistics in 2000. This is slightl...

AI will transform from a "centralized cloud computing" to a "decentralized edge cloud computing" model, Quanta Chairman Barry Lam said on Sept. 21 at the AI on Chip Taiwan Alliance (AITA) members summit. Lam laid out expectations that a smart, connected society built on 6G will appear in five years, making technology development in the next decade "incredibly exciting." The Quanta chairman spo...

Chinese automotive sales saw an unexpected growth in its off-season for August, totaling at 2.18 million vehicles, an 11.3% year-on-year growth. Estimates show China's automotive sales will significantly increase in the following months, as September and onwards is considered the country's regular season for vehicle purchasing. The sales will see also see a boost from auto expos, new vehicles ...

Ministry of Economic Affairs officials regard the concessions on U.S.-imported pork and beef would ease the path towards negotiating future trade agreement pacts. For the signing of trade agreements like a bilateral trade agreement (BTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Economics Minister emphasized the need to allow U.S.-imported pork ...

Due to the severe circumstances caused by COVID-19 pandemic, Hyundai Motor became the first global automaker to shut down operations outside of China. Its subsidiary Kia Motors also announced that they are considering to halt production due to its supply chains. South Korean mid-sized automaker Ssangyong Motor Corporation has also suspended operations in its factories. South Korea's automotive in...

The application of in-car electronics has increased with the digitalization of automotive products. In addition to the gradual popularization of audio and navigation accessories, touch screens and digital dashboards have also appeared in great numbers. With a long-standing leading position in the electronics industry, Taiwan also sees new opportunities to enter the automotive supply chain. Howeve...

In addition to the rapid development of electric vehicles in the global automotive industry, self-driving cars are also rapidly becoming a growing contender. Previously, the United States used self-driving cars to deliver the test samples of COVID-19, an indication of future self-driving applications. Taiwan has joined hands with Kingwaytek Technology Co., through the "Unmanned Vehicles Technolog...