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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.


Manufacturing Industry Lessens Decline Amid COVID Outbreak: Economic Ministry</h2>

Manufacturing Industry Lessens Decline Amid COVID Outbreak: Economic Ministry

Nov 20, 2020

The Economic Ministry released the manufacturing industry value data for Q3 on Thursday, reporting NTD$3.24 trillion, a 4.56% decline compared to last year's same period, marking a seven-quarter consecutive negative growth. Compared to the decline, as shown in Q2's negative 11.39%-decrease, the Economic Ministry suggested that the economic recession shows recovery signs. The ministry continues...


RCEP Deal Impact on Certain Taiwanese Industries: Gov't</h2>

RCEP Deal Impact on Certain Taiwanese Industries: Gov't

Nov 16, 2020

With the signing of the Regional Comprehensive Economic Partnership (RCEP) — the world's largest free trade area, several of Taiwan's industries could see increased competition, reported the Economic Ministry. RCEP consists of the 10 ASEAN states, Japan, South Korea, Australia, New Zealand, and China. Even without the U.S. and India, the trade zone will cover about 2.2 billion people or 30 per...


Oct. Export Data Continues Positive Growth Trend: Finance Ministry</h2>

Oct. Export Data Continues Positive Growth Trend: Finance Ministry

Nov 10, 2020

October's export figures made monthly records, reaching a yearly 11.2%-growth at USD$32.23 billion, reported statistics from the Finance Ministry. The Finance Ministry named three factors buoying October's good performance: digitalization of individual businesses, Apple's new iPhone launch, the nearing year-end shopping season, and businesses re-stocking inventory as the global economy begins ...


Manufacturing Industry to Grow 4.75% in 2021: ITRI IEK</h2>

Manufacturing Industry to Grow 4.75% in 2021: ITRI IEK

Nov 05, 2020

Taiwan's 2021 manufacturing forecast suggests next year's industry value hit NTD$19.68 trillion, according to the Industrial Technology Research Institute (ITRI) ​​Industrial Economics and Knowledge Center (IEK). IEK reported an industry growth rate at 4.75%, with sectors like metal electromechanical, information electronics, chemical industry, and livelihood industry indicating positive growt...


Local Manufacturing Signals Sluggish Growth: TIER</h2>

Local Manufacturing Signals Sluggish Growth: TIER

Nov 02, 2020

The domestic manufacturing sector flashed a "yellow-blue" light in September, which signals a sluggish growth, reported the Taiwan Institute of Economic Research (TIER) last Friday. Despite the think tank's latest statistics, the economy has shown signs of recovery. TIER's economic data also indicates an uptick of 11.49 points, a small increase of 0.39 points than August. September marks th...


Taiwan Excellence Award 1st Round Selections Reveal 4 Industry Trends</h2>

Taiwan Excellence Award 1st Round Selections Reveal 4 Industry Trends

Oct 29, 2020

The first round of 2020 Taiwan Excellence Award selections, announced by the Ministry of Economic Affairs and Taiwan External Trade Development Council, saw 31.6% of ICT products advancing, followed by machinery and parts at 19.2%, furniture equipment hardware building materials ranked at third with 12.9%. The award committee will continue selecting the gold and silver award winners, with the ...


Taiwan's CEOs are Optimistic About Economy, Cites Pandemic Efforts: KPMG in Taiwan</h2>

Taiwan's CEOs are Optimistic About Economy, Cites Pandemic Efforts: KPMG in Taiwan

Oct 29, 2020

A majority of Taiwan's CEO expressed optimism regarding the economy, citing Taiwan's favorable pandemic response as the primary factor, revealed a survey conducted by KPMG in Taiwan. The survey suggested that CEOs felt the business models had borne innovative results in the past few years. The 56% of CEO's optimism is much higher than the regional average of Asia Pacific CEOs (47%) and global ...


ITRI and Synopsys' AI Chip Design Lab Launches Soft Opening</h2>

ITRI and Synopsys' AI Chip Design Lab Launches Soft Opening

Oct 22, 2020

ITRI and Synopsys Inc. announced on October 21 that they jointly established the AI Chip Design Lab at ITRI headquarters in Hsinchu to help Taiwan’s semiconductor industries gain an advantage in the age of AI and 5G technology. The aim is to incentivize more businesses to invest in device-end AI chip technology and help accelerate AI chip development in local semiconductor industries. Der-Shen...


2020 Energy Vision Summit for Green Energy to Kick off in Nov.</h2>

2020 Energy Vision Summit for Green Energy to Kick off in Nov.

Oct 14, 2020

The Taiwanese government has pledged to lead the effort in further developing the sustainable green economy, which is among the sectors highlighted in the Tsai administration's "5+2 Innovative Industries Initiative." Economic Daily News is hosting the "2020 Energy Vision Summit - Green Energy 2.0" on November 11. As one of the government's core policies, improving the island's energy self-suff...


Sept. PMI Marks 3rd Consecutive Growth in All Six Sub-Indexes: CIER</h2>

Sept. PMI Marks 3rd Consecutive Growth in All Six Sub-Indexes: CIER

Oct 06, 2020

Taiwan's September PMI rose another 1.7 to 57.7, the most recorded since March 2018, and marked a third consecutive month of growth. For NMI, Chung-Hua Institution Economic Research (CIER) reported a 55.6, marking a four-month expansion; however, it fell short of August's 59.4, signaling a slowing down-rebound. Among the six sub-indexes, the Electrical & Machinery Equipment industry saw better...