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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.


Taiwan's machinery exports see first signs of decline in past 20 months</h2>

Taiwan's machinery exports see first signs of decline in past 20 months

Jun 10, 2022

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...


Next gen EV solutions from TECO on display at Hannover Messe</h2>

Next gen EV solutions from TECO on display at Hannover Messe

May 31, 2022

Due to the impact of the COVID-19 pandemic, the world-renowned industrial show Hannover Messe has finally returned after a two-year hiatus, having kicked off on Monday. TECO Group, together with a European affiliated company Motovario S.p.A., a major Italian reducer manufacturer, jointly exhibited three major themes: "Carbon Neutral Solutions", "Smart Mobility Solutions" and "Smart Manufactur...


Photo credit: UDN

Machine tool orders fall, signal concerns

May 17, 2022

Taiwan Machine Tool and Accessory Builders' Association Hsu Wen-hsien said on Monday that prices for international steel, nickel, copper, and other raw materials have soared, coupled with the uncertainty of the Russian-Ukrainian war, domestic machine tool factories' have seen a recent decrease of orders around 20%. The association has decided to adjust the export forecast of machine tools this ye...


Auto parts suppliers brace for order surge post lockdowns</h2>

Auto parts suppliers brace for order surge post lockdowns

May 16, 2022

Auto parts and components were affected by the COVID-prompted lockdowns in various Chinese cities, leading to expected losses in revenue and profit in the first quarter. However, after May, various regions have gradually reopened and resumed work, and auto factories have stepped up the pace of delivering orders. Laster Tech Group and Yingli-KY are among the suppliers optimistic about the performa...


EV-related revenue to bolster new growth records: Chroma Corp.</h2>

EV-related revenue to bolster new growth records: Chroma Corp.

Apr 29, 2022

Measuring instrument maker Chroma Corporation reported significant growth due to the company's increased investment in electric vehicle applications at its earnings call and estimated that combined revenue trends for turnkey applications could remake company history in the future. Chroma Corp. said that 54% of Q1 revenue came from measuring instruments and automated inspection equipment, follo...


Q1 sees record electric-powered vehicles and scooter license registrations</h2>

Q1 sees record electric-powered vehicles and scooter license registrations

Apr 28, 2022

The Directorate General of Budget, Accounting and Statistics' latest statistics report, electric vehicle sales are seeing a significant uptick. In Q1, 20,000 new license plates for electric-powered scooters and vehicles were added to the market, with 17,000 for scooters and 3,000 for vehicles, respectively. From a YoY perspective, the growth marks a 67.2% increase, primarily fueled by electric sc...


First EV bus total solution exported to Japan this week from RAC</h2>

First EV bus total solution exported to Japan this week from RAC

Apr 21, 2022

RAC Electric Vehicles cooperated with Japan's Sumitomo Corporation to develop, design, and assemble electric buses that comply with Japanese regulations, officially exported to Japan this week. These electric buses will undergo demonstration runs in Japan. RAC Electric Vehicles representative said this project was especially noteworthy, as it is considered the first MIT electric commercial ve...


Lithium iron phosphate batteries to dominate EV market in 2024: TrendForce</h2>

Lithium iron phosphate batteries to dominate EV market in 2024: TrendForce

Apr 19, 2022

Impacted by the rising prices of raw materials for electric vehicle power batteries, in the first quarter of this year, many global new energy vehicle brands, including Tesla, BYD, Weilai, Ideal, and Volkswagen, are forecasted to raise the sales prices of EVs. TrendForce says power batteries are the core components that make up the highest cost of EVs and reducing the cost of power batteries w...


How will Advantech's new foray into the EV bus market fare?</h2>

How will Advantech's new foray into the EV bus market fare?

Apr 15, 2022

Advantech, the leading benchmark company in industrial computers, has joined hands with Caiying New Energy to build Taiwan's first self-made hydrogen energy electric bus. Although not much has been revealed by Advantech regarding its plans in the field of new energy vehicles and automotive applications, the company has accelerated its investment in related businesses in recent years; notably, ...


Taiwan's machinery exports make record monthly high in March: TAMI</h2>

Taiwan's machinery exports make record monthly high in March: TAMI

Apr 12, 2022

Taiwan Association of Machinery Industry (TAMI) announced today that the export value of machinery in March was USD$3.157 billion, an increase of 9% compared with USD$2.897 billion in the same period last year. It has grown for 19 consecutive months compared with the same period of the previous year and hit a record monthly high. If calculated in New Taiwan dollars, the value of machinery expo...