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 Japanese yen exchange rate against the U.S. dollar has fallen sharply, hitting a new low in the past 24 years. Hsu Wen-hsian, chairman of the Taiwan Machine Tool & Accessories Builders' Association (TMBA), said that the average orders received by machine tool factories have declined by 30% to 40%. Taiwan's machine tool suppliers could face even worse situations as the Japanese Yen, and South ...
Hardware, fasteners, and hand tools sectors are among the top exporters in Taiwan, delivering quality products to various global markets promptly thanks to their competitive edge of operating under an industry hub model. Managing lead times and delivery expectations have become crucial under disrupted supply chains. Prices for raw materials and energy have risen as prolonged global events like...
According to the Taiwan Association of Machinery Industry’s (TAMI) statistics, the machinery exports performed admirably well despite the evolving global geopolitical situations. Overall, machinery export trends showed that demand exists; however, the issue remains whether the suppliers can deliver products to customers on time due to supply chain constraints, rising prices, and difficulties in o...
⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibi...
LOTES Investments' investments in Compertum Microsystems Inc. and invested in the development of LiDAR and MEMS micromirror products, in addition to cooperating with Chewangdian and Industrial Research Institute, has smoothed out its entry into the autonomous bus application market and cooperated with Huadian Network to enter the market. Smart transportation applications. Zhu Dexiang, Chairman...
Institute for Information Institute's (III) MIC estimates that the global electric vehicle scale will reach 9.221 million units this year, with an annual growth rate of more than 48%. The supply of key components like third-generation semiconductors silicon carbide (SiC) and gallium nitride (GaN) is tight, and the delivery time is still at a high of 42 weeks. Above, the SiC supply chain is still ...
The era of electric vehicles has arrived; according to the 2050 net-zero emission road map of the National Development Council, 30% of newly sold vehicles will be EV in 2030, and the proportion will increase to 60% in 2035. In 2040, 100% of newly sold cars will be electric vehicles. In the next 20 years, the policy will strongly promote electric vehicles on the road. However, the biggest concerns...
Propelled by the Ukraine-Russian war, gas prices have soared, tightening up consumers’ spending capacity and driving up prices in other areas amid inflation. Earlier this year, automotive brands had been optimistic regarding sales and production would rise with the predictions of parts and chip shortages easing up, but the reality in the past few months proved the contrary. News outlets have b...
Shen Guo-rong, chairman of the auto transmission system manufacturer Hota Industrial, said today that there is no doubt about the chances of economic growth in the second half of the year, however, it is still necessary to observe the variables of the chip shortage. It is estimated that the shortage situation in August will stabilize. As for the electricity price adjustment, it has little impact ...
Taiwan Machinery Association announced on Thursday that the export value of machinery and equipment in May this year was marked at USD$2.88 billion, a decrease of 4.5% month-on-month and 1.1% year-on-year results. This is the first decline after 20 consecutive months of growth. The exports to China showed a double-digit decline for three consecutive months, indicating that the industry demand ha...
