LOTES Investments' investments in Compertum Microsystems Inc. and invested in the development of LiDAR and MEMS micromirror products, in addition to cooperating with Chewangdian and Industrial Research Institute, has smoothed out its entry into the autonomous bus application market and cooperated with Huadian Network to enter the market. Smart transportation applications. Zhu Dexiang, Chairman...

Earlier in March 2022, before Taiwan’s second-biggest local COVID-19 Omicron-fueled outbreak began, the island’s top automotive electronic suppliers and leading R&D center in autonomous technology and testing, Automotive Research and Testing Center (ARTC), collectively announced the formation of the “Automotive AI Imagery Chip and Smart Cockpit Display Module Industry Alliance.” The press con...

Professional trade shows around the world have been tentatively opening their doors to international visitors, especially after almost two years of less travel and expo activity due to the COVID-19 pandemic. In Taiwan, despite how COVID cases were on the rise heading into Q2 of 2022, several of the island’s largest and more notable trade shows carried on without a hitch. Taipei AMPA 2022 ...

Taiwan’s automotive parts export value in 2021 reached USD$7.98 billion, marking a 14% growth compared to 2020, significantly seen in exports destined for China, Mexico, and Germany, which on average, saw growth of around USD$40 million. These statistics show strong demand in the Chinese and European automotive supply chains. However, while demand has significantly increased last year, the mon...

Global events in recent years have accelerated certain trends but also dealt significant setbacks to the overall advancement of the automotive industry. In an email interview with Industrial Technology Research Institute’s Industry, Science and Technology International Strategy Center (ISTI) Intelligent Vehicle System Research Dept. Machinery & System Research Division Senior Researcher James Hsi...

Chung-Hua Institution Economic Research (CIER) released the June Taiwan Manufacturing Purchasing Managers' Index (PMI) last week, indicating a 53.6%, a slight increase of 0.1 percentage points from the previous month, and the outlook for the manufacturing industry for the next six months fell by another 6.9 percentage points to 37.1%. This marks a continued two months of contraction, the fastest ...

After the economy and industries reopened for work in China, vehicle component makers regard the H2 2022 favorably, as customers in the auto OEM parts market rushed to ship out delayed orders. At the same time, there was also a significant increase in supplementary orders for new energy vehicles. Various auto parts manufacturers believe that the recent acceleration of the deployment of orders ...

The Ministry of Economic Affairs announced today that export orders for May amounted to USD$55.43 billion, which not only hit a new high for the same month in previous years but was also corrected for the first time after the 25th consecutive month of growth in April. It is expected that export orders will continue to flourish in June. The Statistics Department of the Ministry of Economic Affair...

Hotai Group has been actively developing clean energy solutions, with its subsidiary He Jun Energy as a primary focus. The capacity of solar energy installations this year is expected to reach 50,000KW, and the profit and loss are expected to be even in the second year. With carbon rights becoming the future trend, the development of the solar energy business has become at the forefront for the a...

With chip shortages still hampering the global automotive sector, major car manufacturers expect a shortage of cars, leading to significantly decreasing imported numbers. The total sales volume in the market is currently at 35,200 units, an annual decrease of 7%. The TOYOTA and LEXUS brands under Hotai Motors have reached 12,500 units, the MITSUBISHI and CMC brands of China Motor Corporation ...