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.
Recent years have witnessed a steady increase in Taiwan's hand tools exports, achieving record levels despite the challenges brought by the COVID-19 pandemic. However, there's been a gradual slowdown in industry demand. In the third quarter of 2022, export growth dwindled to a mere 0.1% compared to the previous year. This decline persisted into the fourth quarter, with a negative growth rate o...
In a strategic move to propel Taiwan's woodworking machinery industry towards greater intelligence, connectivity, safety, sustainability, and efficiency, the Ministry of Economic Affairs, Industrial Development Administration unveiled "The Promotional Project for Industrialization of Smart Machinery." This initiative aims to bridge technological gaps in hardware and software through intelligent p...
To enhance air quality and safeguard public health and living conditions, Taiwan's Ministry of Environment has initiated the second phase of its air pollution prevention program. This phase involves expanding electric vehicle charging stations across various regions. Eight county and city governments, including New Taipei City and Taoyuan City, have been selected, with nearly 500 publicly owned s...
The furniture industry is experiencing a surge in demand ahead of the Lunar New Year celebration in January. Scanteak reported its third-highest revenue for the month, while BAUSEN also achieved its second-highest revenue during the same period. BAUSEN, with a primary market in the U.S., is optimistic about the rising demand for home decoration spurred by the housing market. Taiwan's premier f...
The Ministry of Transportation and Communications (MOTC) has been for many years committed to the vision and goal of "Smart Transportation & Smart Living", incorporating cutting-edge ICT technologies such as artificial intelligence, big data, drones, cloud computing, and 5G communication into land, sea, and air transportation systems to provide more convenient services to the people. In order to ...
Amidst fierce global market competition, the manufacturing industry grapples with a host of unprecedented challenges, including technology loss, talent migration, and the shift from long to short supply chains. According to American technological research and consulting firm Gartner, smart manufacturing will become ubiquitous in the manufacturing industry, with approximately 80% of Internet of...
The Electric Vehicle surge is gaining momentum in Taiwan! Data from the Ministry of Economic Affairs (MOEA) reveals a notable increase in vehicle plate registrations across the country. Between January and November 2023, EVs comprised over a quarter of all new vehicle registrations. This surge is projected to propel the annual turnover of the automobile and motorcycle retail industry to surpass $...
Amidst the gradual economic recovery, industries worldwide have weathered the storm by embracing smart manufacturing, digital transformation, and AI. These advancements have not only ensured survival but have also underscored the profound impact of cutting-edge technologies on global development. In an interview with Economic Daily News, Tsai Ya-Hui, Deputy Section Chief of the Mechanical and ...
According to the international market research firm MarketsandMarkets, smart manufacturing is projected to retain its top position in the Artificial Intelligence of Things (AIoT) application market in 2025, with an estimated market size of $80 billion. Following closely behind are digital twin and AI technologies, with market sizes of $19.7 billion and $17.2 billion, respectively. In an interv...
Renowned as "Technology Island," Taiwan boasts significant technological prowess in semiconductor manufacturing, ICT, and automotive component production, encompassing motors, automotive chips, panels, and circuit board design. Leveraging these strengths, coupled with the systematic integration of EV motors, batteries, electronic control systems, new battery technology, and vehicle electronic ...