Precision stamping company China Fineblanking Technology (CFTC) reported consolidated revenue of NTD$260 million in March, marking a record-high in the same period. The supplier has said the growth is largely fueled by increasing demand from U.S.-based electric vehicle (EV) companies and expects orders from European brands to buoy revenue growth month-by-month in the first half of 2022. Heavy...

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...

In the carbon-neutral era, transportation plays a huge role in reducing carbon emissions. However, public infrastructure has yet to keep up with the times. For instance, electric vehicles (EV) are highly lauded as a money-saving and pollution-cutting option, there is still a shortage of charging points. Governments are encouraging public bus and intercity bus providers to switch to electric buses...

Top market intelligence institution TrendForce reports that the ongoing Russian-Ukrainian war has resulted in challenging situations on both sides of the conflict, reverberating throughout the global car industry as a whole. The institution reports numerous automotive plants are suspending operations within Russia, as well as a ban on vehicle imports. Global, foreign-invested companies in Russ...

By ARTC and Stephanie Chao At the end of 2021, the 2021 Meet Greater SouthX5G AIoT Expo kicked off from December 10 to 11 at the Kaohsiung Exhibition Hall, attracting notable exhibitors featuring technologies and products adhering to the latest trends. As the head organizer of the WinBus project, Ministry of Economic Affairs Department of Industrial Technology (DoIT), the WinBus was indigenous...

Electrical terminal, wiring and connector maker K.S. Terminals Inc. expects order visibility to reach Q2, amid strong growth in the EV market as reported at its earnings call last week. The company is looking at two-digit growth for this year's goal, eying significant demand from green energy selections and automotive terminals and charging guns for electric vehicles, notably the latter. In the...

The Ministry of Economic Affairs said today that in February, the industrial production index was 117.49, with an annual increase of 10.01% due to easing supply chain disruptions and chip shortages. This marks the 25-month consecutive positive growth period, also the second-longest in history. The manufacturing index was 119.76, an annual increase of 10.16%, which set a new high for the same ...

If there's a keyword that can be used to summarize the past two years, it would be “digitalization.” Across different industries, companies and suppliers are seeking ways to tap into the post-COVID market, and the furniture sector is no different. Here are two trends we've identified that would and continue to shape the market in the coming year and more. Going Digital While the typical con...

Memory chip maker Mosel Vitelic Inc. is looking to expand business operations into the automotive market by increasing deliveries to 25% from 20% in 2021. Chairman Rebecca Tang and Vice General Manager Deng Chih-da were present at the investor's conference on Wednesday afternoon. Tang said the company enjoyed a steady growth last year due to the global chip shortage, rounding up total revenue ...

Taipei Cycle, which kicked off on March 9 and is scheduled to last until the 12th at Nangang Exhibition Center, SINBON Electronics is one of the few electric assistive bicycle solution suppliers in Taiwan. Together with business partner Axman Enterprise, both companies were able to showcase Taiwan's electric bike capabilities at the show in hopes of entering the global market. Axman Enterprise's ...