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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/Reuters

Prolonged parts shortages while pandemic in Europe eases

Jan 26, 2022

The Omicron variant's fast spread has World Health Organization experts looking towards the COVID-19 pandemic transition into the endemic stage, where high rates of vaccination and widespread infection could lead to global immunity. However, Pegatron Chairman T.H. Tung pointed out that despite the waning health emergency, shortages of crucial components will continue to persist beyond the pandemi...

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/Reuters

Chip industry expresses concern over long-term policies at SEMICON

Dec 29, 2021

SEMICON Taiwan 2021 International Semiconductor Exhibition kicked off on Dec. 28, focusing on various issues, including information security, hydropower, and declining birthrate. Industry figures pointed out that long-term supporting policies are needed to ensure that Taiwan's semiconductor industry maintains its leading status. Taiwan Semiconductor Industry Association (TSIA) and TSMC Chairma...

Metal price rally to continue into 2022, pressures EV penetration</h2>

Metal price rally to continue into 2022, pressures EV penetration

Dec 27, 2021

With batteries used to power electric vehicles becoming an absolute necessity, raw metal materials in 2021 have seen a sharp rise in demand, and the trend is expected to continue in 2022. However, this will result in higher costs for automotive brands, prolonging the adoption of EVs, commonly touted as a crucial tool in fighting climate change. Just as the world is quickly adapting to the gree...

Photo credit: UDN file photo

Industry, manufacturing index hits 22-consecutive-month growth

Dec 24, 2021

The Statistics Department of the Ministry of Economic Affairs announced on Thursday that the industrial production index for November was marked at 137.86, a year-on-year increase of 12.1%; the manufacturing production index for November was 141.16, a single-month high in the past year, with a year-on-year increase of 13.1%, and both marked a 22 consecutive-month expansion. The department estimat...

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: China Steel

China Steel's new automotive-use steel headed for US markets

Dec 17, 2021

In response to the needs of major car manufacturers worldwide to reduce carbon emissions and extend the battery life of electric vehicles, Taiwan's China Steel has been actively engaged in the development of lightweight car bodies in recent years. China Steel reported that it has successfully developed a new generation of automotive steel, called MS1300, 2.2 times stronger than the structural...

Machinery exports hit record-high again for November: TAMI</h2>

Machinery exports hit record-high again for November: TAMI

Dec 09, 2021

Taiwan Association of Machinery Industry (TAMI) announced today that the export value of machinery in November stood at USD$2.991 billion, an annual growth of 23.8% and marking a new monthly high. The association pointed out that despite the influence of the appreciation of the New Taiwan dollar, rising raw materials, and rising shipping costs this year, the growth momentum is still strong. It is...

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...