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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.

IKKA-KY to focus on EV products in future, predicts growth for 2022</h2>

IKKA-KY to focus on EV products in future, predicts growth for 2022

Dec 03, 2021

The new product development of IKKA-KY, a subsidiary of Abico Group, is reported to be focusing on electric vehicles. The company is currently developing the cooling system modules and will introduce the electrified systems into mid-level new car models, and it is expected to return to an optimistic growth track next year. The latest news came from IKKA-KY's corporate briefing at the Taiwan St...

Photo credit: Evergreen Marine Corp.

Omicron variant spooks markets: Taiwan's shipping giants pledge space for domestic demand

Nov 29, 2021

As the newest highlighted COVID-19 variant of concern, Omicron has the European region and the U.S. on high alert. In response to potential worsened snags in the global ports, the media has reported Taiwan's top four major container carriers and shipping companies -- Evergreen Marine, Yangming, Wan Hai, and T.S. Lines -- pledging to do their best in prioritizing shipping space of domestic indust...

Photo credit: UDN file photo

China Steel: Optimistic for 2022, growth to continue for two years

Nov 24, 2021

China Steel Chairman Weng Chao-dong said today that the bullish trend in the steel market would continue unimpeded and cited an optimistic outlook for next year. Due to other factors such as added costs from environmental issues, steel production, and shipping delays, the forwarded costs are expected to continue for another two years. The national steel maker's earning call was held on Wednesd...

Photo credit: UDN File Photo

October exports mark 20-month consecutive growth

Nov 22, 2021

The Statistics Department of the Ministry of Economic Affairs announced today (22) that the value of export orders in October closed at US$59.10 billion, a record high in the same month of the previous year, an annual increase of 14.6%, and marked a 20-month consecutive run. The department estimates that the value of export orders in November would be between USD$59 billion and USD$60.5 billio...

Domestic EV motor maker eyes Turkey and Indonesia after Indian-market success</h2>

Domestic EV motor maker eyes Turkey and Indonesia after Indian-market success

Nov 15, 2021

TECO, a major electric motor manufacturer, plans to replicate its manufacturing experience in the Indian market and enter the electric vehicle market in Turkey and Indonesia. TECO currently has orders for smart energy exceeding NT$10 billion, citing a lucrative opportunity in scaling up its operations in the EV industry. In response to the market's concerns regarding when TECO becomes profita...

Chi Hsin imported power looms from Europe to produce special fabrics for sports shoes, motorcycle racing suits, bag luggage, baby stroller, and other products. They had acquired the ISO9001:2000 certification and received the Global Recycled Standard (GRS). (Photo credit: TTF)

A Certification for Taiwan Functional Textiles to Expand Business Opportunities Worldwide

Nov 10, 2021

By Emily Ho, Economic Daily News Taiwan Functional Textiles (TFT) Certification Facilitates Global Trade Lifestyle has taken a dramatic turn in the post-pandemic era. Fashion is no longer the sole focus when it comes to the purchase of clothes and home decorations. Instead, consumers place more value on quality and stress the importance of ergonomic design and functionality. Clothes empha...

Photo credit: UDN stock photo.

Taiwan's machinery exports continue 10-month growth

Nov 10, 2021

The Taiwan Association of Machinery Industry (TAMI) announced on Tuesday that the export value of machinery and equipment in October amounted to US$27.163 billion, an annual increase of 28.8%; the value in Taiwan dollars was 762.187 billion yuan, a yearly increase of 21.4%, a record high for the same period in history. For ten consecutive months, exports of machinery and equipment have experience...

Photo credit: AAPEX

AAPEX's Opening Marks New Post-Pandemic Milestone

Nov 09, 2021

The global event representing the USD$477 billion global aftermarket (AM) auto parts industry, Automotive Aftermarket Products Expo (AAPEX) kicked off last week at Sands Expo and Caesars Forum in Las Vegas. Lasting through November 2 to November 4, the gathering would mark its first reopening in an in-person fashion after the COVID-19 pandemic swept the world in 2020, prompting the first-ever onl...

Behind Foxconn's EV Progress: A breakdown with an investor banker's analysis</h2>

Behind Foxconn's EV Progress: A breakdown with an investor banker's analysis

Oct 28, 2021

In an article first published in the Business Weekly, and through a media collaboration, republished in the Economic Daily News, an investor banker industry analyst attempted to break down why Taiwan tech giant Foxconn's Foxtron Vehicles business model will prove advantageous in the long run. On October 18, Foxconn Founder Terry Guo arrived at the product launch event behind the wheel of Foxtr...

Foxtron Vehicle's newest EV lineup, Model C. (Photo courtesy of MIH)

The Current Outlook of the EV Market: industry expert

Oct 25, 2021

According to the Paris Agreement in 2015, emissions from global transportation made up 23% of overall greenhouse gasses and were on track to reach 50% by 2050 if things were maintained as usual. Thus, the electrification of vehicles on the road appeared to be the inevitable trend to lessen the impact of greenhouse emissions on global temperatures. To limit global warming of temperatures below ...