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.
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...
Taiwan External Trade Development Council (TAITRA) Chairman James C. F. Huang expressed optimism regarding resuming business operations in 2021 due to the COVID-19 vaccine rollout. In terms of TAITRA's main area of expertise in trade fairs, Huang said hybrid shows would become the norm, emphasizing digital transformation is still a crucial trend to invest in during the post-pandemic era. TAITR...
Two major industrial association-backed "Taiwan Smart Manufacturing Alliance" reached a consensus through forming a promotional committee on Feb. 8, media reported. The alliance, the brain-child of the Taiwan Association of Machinery Industry (TAMI) and the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), will become the primary platform to promote the "Machinery Cloud," a...
In response to the surging pandemic at home and abroad, the show organizers have decided to postpone the physical exhibition, but TIMTOS 2021 online exhibition (TIMTOS 2021 Online) will continue as scheduled to serve exhibitors and buyers worldwide. The announcement comes after the Taiwan Center for Diseases Control stressed that if it is impossible to maintain social distancing among attendees, ...
Show organizers of the biennial machine tool trade show TIMTOS 2021 have suspended in-person events due to the recent domestic COVID-19 cluster. Originally slated for a hybrid opening for both online and offline events starting on March 15 to 20 at the TWTC Exhibition Hall 1, Nangang Exhibition Center Halls 1 and 2, show organizers Taiwan External Trade Development Council (TAITRA) and Taiwan...
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...
With the machinery industry slowly seeing renewed growth after the year-long slump due to the coronavirus outbreak, domestic machine tool and parts firms Cheng Tai, AWEA Mechantronic, Tong Tai, He Da, Gao Feng, and Hiwin have all seen significant order increase in Q4. Machinery firms expressed optimism regarding next year’s forecast, indicating a robust upward tick for 2021 revenue compared to...
The Economic Ministry Department of Statistics released last year's factory census report on Tuesday, reflecting the impact from the China-U.S. trade war, showing a 3.8% YoY decline, and NTD$16.9 trillion in revenue. The report found despite the decline, the semiconductor industry showed strong growth amid increasing investments and Taiwanese businesses returning to the island. The situation ...
The Taiwan Association of Machinery Industry (TAMI) announced November machinery export figures on Tuesday, signaling a lessening YoY contraction. For the past eleven months, Taiwan's machinery equipment total export value reached USD$23.485 billion, while a 5.2% YoY contraction, the figures represented the demand was resuming overseas. November exports saw USD$2.416 billion, a 10.8% increase ...
