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 was also a significant increase in supplementary orders for new energy vehicles. Various auto parts manufacturers believe that the recent acceleration of the deployment of orders ...

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 after the 25th consecutive month of growth in April. It is expected that export orders will continue to flourish in June. The Statistics Department of the Ministry of Economic Affair...

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 and loss are expected to be even in the second year. With carbon rights becoming the future trend, the development of the solar energy business has become at the forefront for the a...

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 currently at 35,200 units, an annual decrease of 7%. The TOYOTA and LEXUS brands under Hotai Motors have reached 12,500 units, the MITSUBISHI and CMC brands of China Motor Corporation ...

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 of old ships starting as early as this year. However, the supply and production of these ships have been hampered by China's strict zero-COVID policy and the Russian-Ukrainian wa...

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, including TECO and Phihong Technology. Under the two companies' newest initiative, the plan is to expand new production capacity into North America, with the aim to begin test product...

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, starting April 2. Taiwan's three biggest telecom companies have also resumed remote work. Following the four-day Qingming Festival holidays, many technology companies have stepped up o...

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 geopolitics will lead to a decline in the outlook index for the next six months; scholars believe that the Russian-Ukrainian war factor has not fully been factored into the PMI performa...

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 demand for electric vehicles (EV). In this year’s April edition of the Taiwan Transportation Equipment Guide (TTG), we are formally introducing a section for automotive electronics, a...

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 studies and experts expect similar tight conditions going into 2022, and could only ease up in 2023, but also offered a tentative silver lining. For instance, global rating age...