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.
The hand tools and hardware industries, like many other areas, are pressured to remain competitive as large-scale trends like digitalization and increasing awareness of carbon impact among customers have grown over the years. Other trends that signal, along with many others, are here to stay, and will shape the market in the future as these trends have matured over the years. Added-Valued Mark...
Chung-Hua Institution Economic Research (CIER) released the latest manufacturing Purchasing Managers Index (PMI) for October earlier this week, showcasing a slight uptick in growth. After seasonal adjustment, while the previous PMI contracted for four consecutive months, the index edged up by 0.5 percentage points to 45.4% for October as a brief respite. The future outlook looks to be less op...
As the Automotive Aftermarket Products Expo (AAPEX) opened on Nov. 1 and sought to move beyond the impacts brought on by the COVID-19 pandemic, the show saw around 1,400 exhibitors using a total of 2,500 booths and traveling from all over the world to attend, making it one of the largest professional trade shows to open this year. Economic Daily News and the media group’s business division CEN...
∎ Chao Ting-yu Companies must balance the need to invest in new technologies and equipment with business operations. In the September 2022 edition of CENS' exclusively-published "Taiwan Transportation Guide" (TTG), we talked to Industrial Technology Research Institute’s Industry, Science and Technology International Strategy Center (ISTI) Intelligent Vehicle System Research Dept. Machinery & Sys...
On the road to "smart production" in Industry 4.0, production equipment must be able to collect feedback data from the machine, such as vibration and temperature, in real-time to be aware of abnormal processing signals and estimate the service life of components. Sensors play an indispensable role as a result. Between July 2020 to September 2022, the Industrial Bureau of the Ministry of Econom...
Touted as the world’s number one trade fair for plastics and rubber, K-Show is returning to Düsseldorf, Germany, this fall from October 19 to 26. In the previous edition, 2019 K-Show recorded 3,330 exhibitors from 63 countries on 177,000 m² net exhibition space, 73% of whom came from abroad. Much has changed since 2019, with heightened awareness and a global proactiveness towards achieving goa...
With countries pledging to achieve net-zero emissions, industries such as manufacturers must step up to implement greener solutions to production. The machinery industry in Taiwan has been on the cusp of significant changes in the past decade, as Industry 4.0 and smart manufacturing were increasingly introduced into this sector. In a discussion with CENS, which published the article in the newest...
Entering 2022 was an optimistic time for Taiwanese machinery suppliers. While the COVID-19 pandemic persisted, the idea was that global economies would eventually bounce back. However, these hopes would be dashed after Russia invaded Ukraine in February, further disrupting the supply chain and global food production, prompting price hikes on materials, natural gas, and oil and the subsequent infl...
Chinese National Federation of Industries Chairman Miao Feng-chiang said on Tuesday that if Taiwan can join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), it will bring win-win opportunities to countries in the region. This is because Taiwan's industries are willing and able to participate in the CPTPP, and Taiwanese industries are eager to accept challenge...
⬛ Chao Ting-yu Throughout 2021, Taiwanese hand tool suppliers were able to maintain business-as-usual operations, leading to export value growth of 27.4%, reaching USD$4.79 billion. The steady performance has continued into 2022. The latest statistics between January to June 2022 continued to show a steady growth: Taiwan's hardware and hand tools exports amounted to USD$2.44 billion, with an a...
