Lien Yu-ping, Director General of the Department of Investment Services (DOIS) under the Ministry of Economic Affairs (MOEA), recently said that a Taiwanese delegation to attract investment from North America has shown promising results, having inked investment letters of intent (LOI) with various American and Canadian companies, including GE, S-Cubed, Alvogen, etc. She estimates that future inve...

Amid ample reports of the vigorous, promising development of Internet of Things (IoT), various global market research institutes forecast that by 2020 around a total of 25 billion to 50 billion IoT terminal devices worldwide will be in use, while the year 2016 is expected to be the time for the global IoT market to take off. Shih Mu-Piao, president of Chunghwa Telecom Co., Ltd. (CHT), repo...

With high-profile firms as Tesla, Google and Uber developing new technologies as autonomous cars amid the growing trends of Smart City, automotive telematics, Internet of Things (IoT) etc., new forms of smart mobility are helping cities solve traffic congestion and reduce emissions. A new report from Navigant Research analyzes the global market for smart urban mobility infrastructure and servi...

Hon Hai Precision Ind. Co. Ltd., the Taiwan-based major EMS (electronics manufacturing services) provider, topped all local counterparts in the number of patent applications in the second quarter of 2015 in Taiwan, with the company's applications submitted during the period focusing mainly on Internet of Things (IoT) and robot-related fields, according to statistics released by the Intellectual P...

Despite recent reports of the decreasing exports out of Taiwan over the past five months straight, the Southern Taiwan Science Park's (STSP) accumulated export value in the first six months hit a same-period record high of NT$221.65 billion (US$7.39 billion), with accumulated first-half revenue in the park expected to challenge a new high of NT$350 billion (US$11.67 billion), according to the STS...

In Taiwan, over 700,000 used cars are bought and sold per year, compared to about 400,000 new cars sold a year, creating a market of about NT$300 billion (US$10 billion). Eyeing the growing domestic used-car market, automobile vendors have been aggressively developing such sales channels by tapping the ample supply of cars sourced from new-car distributors and affiliated car-leasing compan...

Advantech Co., Ltd., recognized as the largest industrial computer maker in Taiwan, recently said the company has tapped into the supply chain of SAIC Motor Corporation Limited (SAIC Motor), reportedly the largest automobile manufacturer in China, through its subsidiary Advantech-LNC Technology Co., Ltd. L.Y. Kuo, president of Advantech-LNC, pointed out that his company has kicked off smal...

Thanks to strong demand from Europe, where gasoline prices are sometimes double or more of those in North America, and the U.S., several suppliers in the bicycle sector listed on the Taiwan Stock Exchange (TWSE) reported buoyant results, including record revenues in the first half. Both the top-2 assembled-bicycle manufacturers in Taiwan by volume sold, Giant Manufacturing Co., Ltd. and Me...

Some 19,926 projectors were sold in Taiwan in the first quarter of 2015 (Q4, 2014: 21,898 units), down 11.4 percent year-on-year (YoY) and 9.0 percent quarter-on-quarter (QoQ), according to statistics released by IDC Taiwan, the local subsidiary of the global provider of market intelligence. Ray Lin, associate market analyst, PC & Peripherals Group of IDC Taiwan, attributes the sales decli...

In recent years and amid crude oil prices beyond own control coupled with relatively modest-sized domestic market as well as intensifying rivalry, several Taiwanese petrochemical manufacturers have been vigorously diversifying product applications, so as to further create business opportunities. Formosa Plastic Corp. (FPC), recognized as the largest petrochemical maker in Taiwan, has been eyei...