With the trade war tension between China and the United States escalating, the economy of manufacture industry has been sluggish in May again. U.S. manufacturing activity growth is at its slowest since U.S. President Donald Trump was elected. On the other hand, the European Union Euro Zone has shrunk harshly, raising investors’ concern with global economic recession and further aggravating the pr...

China Steel Corporation (CSC) plans to significantly reform their pricing policy, according to CSC Chairman Wong Chao-tung on May 22. Wong said the new policy is a response to capricious global economic and political trends, saying that CSC prices should be timelier and allow enough flexibility to quickly meet market changes. Set to come into effect next year, CSC plans to announce steel p...

With the ongoing U.S.-China trade dispute, uprooted financial sector, sluggish sales for the new Apple smartphone, the manufacturing industry sees a pessimistic forecast for the next six months. This has led to the local manufacturing sector to flash a “yellow-blue” light in October, said Taiwan Institute of Economic Research (TIER) on Thursday, making this the fifth consecutive month of slugg...

Taiwan’s industrial production index saw an eighth year-on-year consecutive month growth in the third quarter this year, rising 8.39% from a year earlier in October, according to the Ministry of Economic Affairs (MOEA). This is due to a stabilized global economy, the MOEA reported. The continual growth behind Taiwan’s industrial production index stems from the island’s traditional industries, ...

Taipei - With government plans to postpone announcing frequency spectrums for 5th generation mobile network (5G) until 2020, renewed interest in how Taiwan mobile network operators and the industry will proceed was ignited as the island’s top regulator National Communications Commission called their updated plans a move as a “smarter follower.” Rather than charging ahead of the pack, the Taiwa...

Taiwan’s exports reaches a second-high for September at US$296.20 billion, compared to the same figures as last year, reported Ministry of Finance (MOF) statistics. The island’s exports have reached a three-month consecutive growth rate, however, among the four prime markets that Taiwan is exporting to, Southeast Asian markets have performed dismally: exports to the region have fallen for thr...

Taipei - In the age of AIoT, companies may be wondering how they are able to do business in a digitalized age that gears towards big data analysis, especially among small-and-medium enterprises, where funding and scale are factors that put them against bigger companies with larger resource pools. AIoT Taiwan is the main theme at 2018 TAITRONICS, which kicked off on Oct. 9 to Oct. 12, and a...

Chuan Chan Oil Seal Company was established in 1987, since then, the company has obtained over 30 years of experience in developing and manufacturing various oil seals. Thanks to all the support from various industries, Chuan Chan Company has grown into of the most experienced oil seal manufacturers and provides the most diverse range of products. At present, the products are successfully sold ac...

Taipei-2018 Taiwan Innotech Expo (formerly known as Taipei Int’l Invention Show & Technomart/Taipei Inst) kicked off on Sept. 27, showcasing 496 exhibitors throughout the three-day event. Exhibitors have come all around the world to attend the show, including the U.S., Canada, Japan, South Korea, Thailand, the Philippines, Vietnam, Singapore, Malaysia, Indonesia, Australia and New Zealand...

With the trade war between the U.S. and China escalating, Taiwan Institute of Economic Research (TIER) has sounded the alarm as forecasts for both manufacturing and service indexes tumbled. The think tank warned that Taiwan’s business climate will likely see a sudden down drop and urged increased awareness of the potential impact of the trade war would have on Taiwan’s exports. The think tank ...