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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

Steel makers weigh in on new 2050 Net-Zero Carbon Emissions Roadmap

Mar 31, 2022

With the National Development Council (NDC) releasing its 2050 Net-Zero Carbon Emissions Roadmap on Thursday, steel metal providers outlined the potential challenges in the industry under the carbon-neutral era. Steel metal providers pointed out that while it is relatively easier to slash carbon emissions, going neutral is "revolutionary," stressing that it is an inevitable trend. With the in...


Taiwan's Hand Tool Exports Recover in 2021</h2>

Taiwan's Hand Tool Exports Recover in 2021

Feb 16, 2022

When the U.S.-China trade war began in earnest in 2018, Taiwanese industries looked on as orders were transferred out of China to avoid getting hit by tariffs, and were redirected to Taiwan instead. These included the hand tool industry as well. While Taiwanese companies were in a similar boat as the COVID-19 pandemic swept through countries in 2020, Taiwan continued relatively business as usual ...


What's stopping Taiwan's manufacturing industry from becoming smarter?</h2>

What's stopping Taiwan's manufacturing industry from becoming smarter?

Feb 16, 2022

Originally published in the Economic Daily News by ITRI Aldea AI Collaboration Platform in Mandarin Chinese Translation by Stephanie Chao Editor's Notes: To create hand tools, one must require the equipment to do so. With digital transformation and Industry 4.0 capabilities becoming more and more prevalent across different industries, the incorporation of smart machinery has become a crucial ...


Digitalizing the Hand Tools Industry: how AI can take the sector to new heights</h2>

Digitalizing the Hand Tools Industry: how AI can take the sector to new heights

Feb 16, 2022

The previous article discussed smart manufacturing practices and the challenges of implementing these new technologies into a real-world situation. For further elaboration on these topics, CENS interviewed Industrial Technology Research Institute (ITRI) Industry, Science and Technology International Strategy Center (ISTI) analyst Silicon Shih via email, covering overall AI trends in Taiwan's indu...


Taiwan Hand Tools Outlook for 2022</h2>

Taiwan Hand Tools Outlook for 2022

Jan 10, 2022

Throughout 2021, as global economies struggled against COVID-19 outbreaks, congested seaports, delayed delivery times, rising prices of crucial raw materials, Taiwan's economy was able to weather the crisis thanks to much of its industries' production capability are centered on the island. For the domestic hand tools market, one of Taiwan's top export markets, it performed admirably well as the i...


Photo Credit: UDN File Photo

Manufacturing index signals flat growth amid Omicron wave for November

Dec 30, 2021

Taiwan Institute of Economic Research (TIER) announced the November manufacturing index on Thursday, signaling that the overall index rose by 0.14 points from 15.14 points revised last month to 15.28 points in November. The index signal, representing the state of the manufacturing index, has remained in the green index for two consecutive months now. The application of emerging technologies an...


Photo credit: UDN File Photo

China Steel raw material costs slide amid stable revenue

Dec 23, 2021

China Steel Corporation (CSC) is forecasted to drop an average of 2.15% in new market prices next year. Due to the decline in the previous wave of price fluctuation on the coal and iron ore market, low-grade raw material costs have begun to roll into the production line. As a result, CSC has yet to see its profits impacted by the steel price cuts. CSC closed at NTD$35.8 yesterday, down 0.05 y...


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...


A photo depicting the production setup of a fastener supplier. Photo credit: MOEA DoIT

Taiwan's fasteners seek to optimize production with new tech

Oct 18, 2021

Taiwan is among the top exporters of fasteners, ranging from screws, nuts, and bolts, thanks to over 70 years of industry experience. The island's industry hub is concentrated in Kaohsiung's Gangshan and Luzhu Districts, where fastener makers are a common fixture in the community. According to Metal Industries Research & Development Centre's (MIRDC) statistics, Taiwan's export volume is only ...


Photo courtesy of UDN.

Construction cost index increase at all-time-high

Sep 11, 2021

Construction demand is at an all-time high, even amid rising prices and shortages of materials. The Directorate General of Budget, Accounting, and Statistics under the Executive Yuan released its latest statistics on Friday, indicating that the August Construction Cost Index (CCI) increased 13.57%. This is largely due to international scrap metal prices increasing, with steel rising around 50...