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.
At present, nasopharyngeal specimens are often collected for nucleic acid detection if patients suspected of SARS-CoV-2 infections. This nasopharyngeal swab not only causes discomfort to the subjects, but also increases the risk of infection to the medical practitioner. According to the Shenzhen Hospital Research in China, only 59% of people were diagnosed by the first nucleic acid test. Therefor...
Taiwan's hand tool manufacturing industry ranked first in the world in terms of export value for 5 consecutive years from 1998 to 2002. In 2019, the export value reached as much as 3.7 billion USD. According to the international institution, Markets and Markets, the global electric tool market is estimated to grow from 31.8 billion USD in 2019 to 41.7 billion USD by 2024; a compound annual growth...
While the nation started lifting lockdowns that allow important businesses to reopen amid Covid-19 , local industries such as manufacturing, need to track their operations to make up for the times when the government-imposed community quarantines temporarily grounded them to a halt and, in the meanwhile, prepare to meet the market demand expected to increase once this crisis is over. “The Covi...
The Covid-19 pandemic has hit the automotive industry hard. US car production in March was 1.7 million units, down from 2.62 million the previous month, and European output was down by at least 1.2 million vehicles by late April. The WTO, which predicts global trade to shrink this year, foresees the most pronounced contractions in the electronics and automotive sectors. Indeed, US auto sales w...
Brazil’s new crown pneumonia epidemic has rapidly increased. Brazil’s Vale, the world’s largest iron ore producer, is facing an out-of-control impact. The market is worried that iron ore production and sales will be affected. new highs. Experts from Sinosteel (2002) evaluated that steel prices will rise steadily under the effect of rising costs, with a promising outlook. According to a legal p...
The epidemic impacted the market demand, and the car factories became the hardest hit areas, triggering various governments to launch various subsidy cases to actively boost the market demand. In April this year, mainland China offered a number of car purchase discounts to drive market demand. The new car subsidy plan of 100 million euros (US$5.6 billion) stimulates buying momentum; coupled with ...
The export-oriented trade shows, TaipeiPLAS and ShoeTech Taipei, organized by TAITRA and TAMI, scheduled to be held from Sept. 9 to 13. However, under the circumstances of global business being severely impacted by the COVID-19, the organizers decided to postpone both shows after comprehensive consideration. The new dates will be announced until further notice. TAITRA will continuously assist ...
Taiwan's fastener industry has been severely affected by the New Coronary Pneumonia epidemic, with a 13% decline in output value and miserable operations. Entering the post-epidemic period, Minister of Economy Shen Rongjin again communicated face-to-face with people in the fastener industry this morning. He emphasized that he would use empathy to assist the fastener industry to overcome difficult...
The U.S. semiconductor industry is stepping up lobbying, seeking US$37 billion in plant construction and R&D subsidies from the federal government to ensure that U.S. technology continues to lead other countries that provide high subsidies to the chip industry, especially in mainland China. It is to build the US national semiconductor team through subsidies and increase the domestic production ra...
Samsung Electronics, the world leader in advanced memory technology, today announced plans to expand its NAND flash production capacity in Pyeongtaek, Korea, reinforcing the company’s ability to meet demands from emerging technologies. Construction, which began this May, will pave the way for mass production of Samsung’s cutting-edge V-NAND memory in the second half of 2021. “The new investm...
