Taiwan's machinery equipment manufacturing industry could see a yearly 6.1%-growth in 2021, the ITRI ​​Industrial Economics and Knowledge Center revealed. It named digitalization as the pivotal point for improving competitiveness in the industry. The forecast indicates a respite for the economy as the COVID-19 outbreak has severely impacted sectors relying on outbound profits. The center's man...

TSMC raised its revenue forecast again on Thursday, citing robust demand for 5G smartphones and high-performance-computing (HPC) to boost sales by 30% in U.S. dollars. The 30% increase this year could likely raise combine revenue to hit NTD$1.4 trillion. TSMC has already hit two consecutive record-highs this year, TSMC told investors in a telephone conference. Due to external elements, such...

Taiwan Hand Tool Manufacturers' Association(THTMA) is slated to organize the 2021 Taiwan International Hardware Show after decades of outsourcing to local organizers, with Economic Daily News (EDN) in charge of implementation, and Taiwan External Trade Development Council handling invitations for international buyers. Current dates are scheduled for July 15 to July 17, 2021, at the Taichung In...

The formation of "Taiwan's Smart Manufacturing Alliance" on Oct. 6 heralded a new chapter to cement Taiwan's role as Asia's high-end manufacturing center, as witnessed by prominent top government and industry representatives. Vice President William Lai, attending the meeting as a speaker, named both the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) and the Taiwan Associat...

Global PCB NTI-100 2019 Fabricators report from the research agency heavyweight N.T.Information showed companies with over USD$1 billion revenue have increased compared to 2018. The report, annually compiled by Dr. Hayao Nakahar, showed in 2019, 122 fabricators were listed reporting revenue over USD$1 billion, an increase of four companies compared to the 2018 list. The report also found more ...

With most of society worldwide becoming more and more accustomed to wearing masks in the post-pandemic era, it has become a must-have accessory, attracting domestic textile firms into production. Traditional textile firms, such as Eclat Textile, Makalot, Far Eastern New Century, Everest, Roo Hsing, and QVE, have begun making masks, reports say. The COVID-19 pandemic has led to fewer consumers ...

Apple is slated to focus on its iPad lineup at its new product launch event on Wednesday, Taipei time. With the COVID-19 pandemic accelerating the implementation of online distance learning and teleworking, Apple has jumped on these trends to focus on rolling out or refreshing its existing tablets. Currently, a USD$299 10.2" iPad for educational and office purposes is slated for a reveal, wit...

The Industrial Technology Research Institute (ITRI) is leading the ten-billion-valued laser market by pushing innovative technologies. Thanks to the backing of the Economic Ministry's Department of Industrial Technology, ITRI serves its role to integrate the nationalization of Taiwan's production. Combining Taiwan's domestic supply chain and implementing a pilot run platform aims to bolster Taiwa...

Taiwan Association of Machinery Industry (TAMI) issued on Sept. 8th the newest machinery equipment export figures for the first eight months, which was at USD$16.63 billion, a 9% decrease compared to last year's results. In New Taiwan Dollars, that would equal to NTD$497.4 billion, a 12.3% year-on-year loss. Machinery export figures were valued at USD$2.15 billion in August alone, representing...

Hota Industrial Chairman Shen Kuo-jung predicted a dire outcome for Taiwan's smaller machine tool firms should the global pandemic, and U.S.-China trade tensions fail to settle down by summer next year. For Taiwan's machine tool industry, Shen said, "there would be a reshuffling and elimination of smaller industry players." However, he also believed those circumstances were favorable for the l...