Investment Taiwan Office approved today (15) seven small and medium-sized enterprises to expand their investment by approximately 1.4 billion yuan for transformation and upgrading, including Taiwan Precision Gear Industry, Yangsteel Casting, Deyu Enterprise, Pujiakang Xingye, Xie Titanium Technology, Xinmei Industrial and Shangshang Hong company. The Ministry of Economic Affairs pointed out that...

ITRI and British Office Taipei today hosted an event to recognize the first successful year of the UK-Taiwan Innovative Industries Programme (UKTW I2P), which was launched in March 2018 to promote UK-Taiwan science research bilateral cooperation activities. UKTW I2P is the first UK government-funded program of this kind, aiming to strengthen UK-Taiwan collaboration in key areas such as biotech...

With the rise of the “unmanned economy” in China, new trends in the self-pickup market like the “smart shelf” are giving way to the “smart locker,” which has combined Internet of Things and AI technology. Chinese e-commerce JoyBuy Go has built a reputation based on its embracement of unmanned economy, its “smart shelf” that was introduced to the public last November has seen an upgrade to “sma...

With the ongoing U.S.-China trade dispute, uprooted financial sector, sluggish sales for the new Apple smartphone, the manufacturing industry sees a pessimistic forecast for the next six months. This has led to the local manufacturing sector to flash a “yellow-blue” light in October, said Taiwan Institute of Economic Research (TIER) on Thursday, making this the fifth consecutive month of slugg...

Taiwan’s industrial production index saw an eighth year-on-year consecutive month growth in the third quarter this year, rising 8.39% from a year earlier in October, according to the Ministry of Economic Affairs (MOEA). This is due to a stabilized global economy, the MOEA reported. The continual growth behind Taiwan’s industrial production index stems from the island’s traditional industries, ...

Grenoble, France – October 18, 2018 – Exagan, a leading innovator of gallium nitride (GaN) semiconductor technology enabling smaller and more efficient electrical converters, has established Exagan Taiwan Ltd. with a new sales and applications center in Taiwan – the company’s first step in its global market deployment – to accelerate the development and use of fast, intelligent GaN power solutio...

Taipei - With government plans to postpone announcing frequency spectrums for 5th generation mobile network (5G) until 2020, renewed interest in how Taiwan mobile network operators and the industry will proceed was ignited as the island’s top regulator National Communications Commission called their updated plans a move as a “smarter follower.” Rather than charging ahead of the pack, the Taiwa...

Taiwan’s exports reaches a second-high for September at US$296.20 billion, compared to the same figures as last year, reported Ministry of Finance (MOF) statistics. The island’s exports have reached a three-month consecutive growth rate, however, among the four prime markets that Taiwan is exporting to, Southeast Asian markets have performed dismally: exports to the region have fallen for thr...

Taipei - In the age of AIoT, companies may be wondering how they are able to do business in a digitalized age that gears towards big data analysis, especially among small-and-medium enterprises, where funding and scale are factors that put them against bigger companies with larger resource pools. AIoT Taiwan is the main theme at 2018 TAITRONICS, which kicked off on Oct. 9 to Oct. 12, and a...

With the trade war between the U.S. and China escalating, Taiwan Institute of Economic Research (TIER) has sounded the alarm as forecasts for both manufacturing and service indexes tumbled. The think tank warned that Taiwan’s business climate will likely see a sudden down drop and urged increased awareness of the potential impact of the trade war would have on Taiwan’s exports. The think tank ...