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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.

Photo credit: UDN

Machine Tool Industry Maintains Steady Growth

Jun 18, 2021

With machine tool market conditions recovering, coupled with strong market demand in China and Europe, the delivery time of linear slides and other transmission components have been extended, and orders for pneumatic components have outpaced supply-demand, according to media reports on Friday. Companies benefiting from this latest boom include Hiwin Group, AirTAC-KY, TBI Motion, and Chieftek P...

EV charging lots coming to parking lots with North-Star-City Parking MOU</h2>

EV charging lots coming to parking lots with North-Star-City Parking MOU

Jun 17, 2021

Domestic gas station chain company North-Star Petroleum is taking proactive measures to stake a seat in the booming electric vehicle market by charging in metropolitan parking lots. North-Star has announced an MOU agreement with domestic parking lot provider City Parking, which has 610 parking lots in Taiwan. Initial plans include setting up EV DC charging lots in popular parking lots and usi...

Formosa Plastics to launch EV truck debut in July with prototype</h2>

Formosa Plastics to launch EV truck debut in July with prototype

Jun 15, 2021

Formosa Plastics Group is slated for an electric vehicle (EV) launch through investment with the Formosa Plastics Transport Corps, supervised by Wang Wen-chao, a member of the Standing Committee of the Formosa Plastics Enterprise Management Center. The first EV truck prototype will be launched in July. Formosa Plastics Group has invested and obtained three key technologies for EVS, such as bat...

Hon Hai's next step to realize EV goals: acquiring Malaysian DNeX </h2>

Hon Hai's next step to realize EV goals: acquiring Malaysian DNeX

Jun 11, 2021

Hon Hai announced on Thursday evening that it had invested MYR$108 million (about NT$780 million) in the Malaysian technology company DNeX, holding 5.03% of the shares, which is equivalent to indirectly investing in the Malaysian 8-inch wafer fab SilTerra. The move is highly regarded as Hon Hai's furthering attempt to cement its status in the electric vehicle industry. Hon Hai announced that ...

Exchange loss impeding machinery industry's profits this year</h2>

Exchange loss impeding machinery industry's profits this year

Jun 10, 2021

The Taiwan Machinery Industry Association has warned that the government should address the impact of exchange rates on the machinery industry, which has led to lowered profits due to exchange loss. The export value of Taiwan's machinery in May was US$2,915 billion, an annual growth of 27.3%, which is a yearly increase for nine consecutive months. In Taiwan dollars, that would be NTD$81,662 bi...

Container shortage continues impact on auto parts industry despite growth</h2>

Container shortage continues impact on auto parts industry despite growth

Jun 08, 2021

Auto parts manufacturer Tong Yang reported consolidated revenue of NTD$1,383 billion in May, marking a decrease of 5.5% from April's NTD$1,463 billion and a year-on-year increase of 35.1%. However, industry watchers warned that Tong Yang, and possibly many other companies in the industry, would still need to contend with container shortages in Q3. Tong Yang's after-sales maintenance market (AM...

King Yuan Electronics workers take rapid screening tests for COVID. Photo courtesy of UDN.

Chip factories brace for COVID amid Miaoli cluster

Jun 07, 2021

The Ministry of Economic Affairs (MOEA) is slated to announce new virus prevention guidelines for domestic companies to follow in light of COVID-19 clusters breaking out in chip factories. The flurry of measures and urgency towards the latest cluster is largely due to the increasing cases linked to migrant workers working at King Yuan Electronics factories in Miaoli County. The new operati...

The photo of King Yuan Electronics Corp. facility workers awaiting to take their COVID-19 tests had ignited concerns over the lack of social distancing, prompting the government health department to step in. Photo courtesy of UDN.

COVID, material shortages impact Taiwan's machinery and electronics

Jun 04, 2021

Material shortages Taiwan Machine Tool & Accessory Builders' Association (TMBA) Chairman Hsu Wen-hsien has named shortages in the machine tool industry as the biggest concerns that could impact the sector's revitalizing efforts in the short term, according to media reports on Thursday. The machine tool sector was booming from orders coming in during the latest three quarters, however, Hsu p...

Photo credit: UDN file photo

Manufacturing could see record-breaking growth in 2021: ITRI IEKCQM

Jun 03, 2021

The Industrial Technology Research Institute (ITRI) IEKCQM, having reviewed the political and economic situations at home and abroad, released its report for Taiwan's manufacturing 2021 forecast on Thursday. ITRI predicted the manufacturing output value this year will hit TWD$20.92 trillion, and the output value growth rate will be 10.03%. All industries are showing positive growth, among the...

Monitor panel exports hit hard by parts shortages and Samsung exit</h2>

Monitor panel exports hit hard by parts shortages and Samsung exit

Jun 02, 2021

Research institute TrendForce's newly released study outlined that due to the COVID-19 pandemic, the demand for technology products was consistent since Q2 last year, however, shortages threaten to upend the status quo. Shortages in 2021 are primarily exacerbated by Samsung's (SDC) phasing out its LCD production, as well as continual shortages for parts in the upstream IC supply chain, accordi...