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.
With port traffic at an all-time high, causing shipping congestion in the U.S., foreign media reported that the Union Pacific Railroad would be pausing its harbor transportation services last Friday, effective as of July 19. The affected regions include Los Angeles, Long Beach, Oakland, Washington, and Tacoma. The suspension is slated to last for a week in hopes of easing inventory backing up ...
Four petrochemical firms Formosa Plastics, Nanya Plastics, Formosa Chemicals and Fibre, and Formosa Petrochemical - often referred to as the "Four Treasures of Formosa Plastics" - performed and profited in Q2, according to reports released on Sunday. As the traditional peak season and seeing reopened European and American economies, the third quarter is expected to enjoy considerable growth as...
With Taiwan entering the summer, the state-owned power company Taipower expects to see electricity consumption rise significantly, raising concerns regarding power supply as a unit in a power plant is scheduled to shut down. The No.1 unit of New Taipei-based Kuosheng Nuclear Power Plant is slated to be shut down half a year earlier than scheduled, highlighting concerns over a possible power ou...
The 11th Taiwan-U.S. TIFA will resume talks on June 30 after a four-year hiatus, according to the American Institute in Taiwan (AIT). The statement issued on Friday indicated that the meeting will be held via digital video conference due to the COVID-19 pandemic. The announcement comes after a steady improvement of Taiwan-U.S. relations. Talks will revolve around trade and other methods of imp...
The Appacus Foundation Chairman Chen Chun warned possible challenges for Taiwan's economic trade future, citing how global economies' bounceback after the pandemic would serve as a stark contrast with Taiwan's internal struggle with the COVID-19 outbreak. Chen used the U.K.'s Brexit as an example; contrary to most analysts' grim perspectives regarding the British government's untimely exit fr...
Hon Hai and Formosa Plastics Group were reported to be going through discussions over electric vehicle (EV) cooperation, specifically over the most critical technology in the emerging EV industry that's also gaining popularity in its field: solid-state batteries. For solid-state batteries, Hon Hai has developed a market standing through its subsidiary Guangyu, and through it, has also investe...
Taiwan's economic fundamentals remained strong in April, according to the National Development Council's (NDC) index gauging the economic climate, which flashed a "red light" for the third consecutive month. The index's monitoring indicators reflect the existing economic situation. It moved up a point to 41 in April, reported the government's top economic planning agency on Thursday. It would...
As Taiwanese chip manufacturers are struggling to buoy the global semiconductor supply shortage, Taiwan is taking blows from all sides: the worsening of the COVID-19 pandemic and the year-long drought that has hit multiple sectors: agriculture, commercial, and energy supply. While the government is working hard to contain the epidemic, the shortage of water and electricity has highlighted Tai...
Chung-Hua Institution Economic Research (CIER) released Taiwan's PMI score for March on April 1, arriving at a 62.7 on its report card, and marking a five-month consecutive expansion momentum above 60.0. Though, March would also signify a two-month consecutive slight decline in terms of expansion, a drop of 0.5 index points. Under CIER's PMI index, all five categories saw uptick trends, includ...
The display panel industry is not only looking optimistic in recent months, but suppliers are also gearing up for 2021 Touch Taiwan, the only UFI-certified touch panel and optical film exhibition in the world, slated for opening on April 21 to 23 at the Nangang Exhibition Center Hall 1. AUO Chairman Paul Peng recently revealed that their newest product launch would be much different from what ...
