Industry analysis organization CRIF China Credit Information Service (CCIS) warned three issues unbalancing Taiwan's economy and industry despite last year's export value breaking record highs at US$345.28 billion. CRIF CCIS factored that Taiwan's exports were too concentrated in intermediate goods, the electronics industry, and high reliance on exporting to China as the top three warning sig...

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...

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...

A growing global lighting industry, economy, population, and urbanization are all closely tied to energy consumption demand. For example, stable economic growth and urbanization will prompt office buildings, factories, service industry, and residential buildings. Increasing night-time activity is also correlated to a favorable financial situation, meaning lightning demand will also increase. H...

MicroLED maker PlayNitride and the Industrial Technology Research Institute (ITRI) have signed on a long-term collaboration project to further cement Taiwan's role in the MicroLED-trillion-dollar market. PlayNitride CEO Charles Lee, who had just won this year's SID special contribution award, said the partnership would combine PlayNitride's advanced technology and production capabilities with ...

The COVID-19 pandemic has changed the public's awareness of clean, quality air and other related health issues, accelerating Taiwan's architecture industry's foray into the latest global trend: "healthy buildings." In response to the government's pandemic-prevention regulations, the Taiwan Architecture & Building Center (TABC), Taiwan Wellness Building Association, SEED, International WELL B...

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 ...

Media reports Jamicon benefiting the greatest in the Yageo Corporation and Foxconn beginning a strategic collaboration, as the capacitor-maker under Yageo could enjoy a strong growth due to electric vehicle demand. Industry watchers pointed out that while the two firms had no existing partnerships in the past, Foxconn's proactive initiative with Yageo has put the two firms into each others' pa...

According to TrendForce's Topology Research Institute data, global auto sales estimates look optimistic in 2021 and could reach 83.5 million units. Auto brands and Tier 1 suppliers have been rebuilding their inventories this Q4, buoying demand for auto semiconductors. The institute estimates the global auto chips industry value could hit USD$18.67 billion; in 2021, that could grow 12.5% to re...