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.
Training a self-driving vehicles' AI platform requires datasets, however, not all companies have the means to create such datasets themselves. This is where the "AI based Vehicle Vision Perception System," developed by the Institute for Information Industry (III) comes in. Hsu Ting, a senior planner at the III Smart System Institute Emerging Markets and Planning Service Centre, told CENS durin...
The Taiwan External Trade Development Council (TAITRA) stated on Monday with European and American countries continuing to lessen restrictions and increase vaccination rates, it is highly likely that the 2022 Taipei Cycle and TaiSPO trade shows will debut in both virtual and in-person. The physical show is slated for March 9th to 12th, while the online version will be hosted throughout the en...
Electric vehicles (EV) and related technologies were the major highlights at this year's Taipei AMPA show. For instance, the pavilion from the mobility Taiwan Automotive Research Consortium (mTARC), an entity under the Economic Ministry Department of Industrial Technology, showcased EV and self-driving vehicle technologies developed by domestic companies and research institutions. Among their...
Global market intelligence firm IDC's "Global Autonomous Vehicle Forecast Report for 2020 to 2024" has pointed out that L1 to L5 autonomous vehicles could see an 18.3% CAGR within this time frame. As industry trends have become clearer over the years, not only global, well-known auto brands like Tesla, Audi, Mercedes Benz, BMW, and Ford have been proactively investing in autonomous technology, ev...
The Taiwanese-made and designed WinBus is among the front-runners in the domestic autonomous electric vehicle scene, first unveiled to the public in the summer of 2019. Created by the Automotive Research & Testing Center (ARTC), WinBus is an SAE Level 4 e-bus fully designed and manufactured by Taiwanese suppliers, ARTC promotional engineer Joe Tu said. The self-driving e-bus is a moving platform ...
Taiwanese auto parts suppliers are preparing for the surge in demand in Q3, prompted by the reopened economies overseas and improving auto chip shortages. Suppliers are already reaping the benefits. However, other shortages, ranging from workers and raw materials, could also challenge and disrupt supply chain resiliencies, a situation shared by many different suppliers in varied industries. Fo...
State-owned China Steel Corporation passed an internal solution on Thursday to adjust steel sales for domestic and outbound markets to help Taiwan's machine tool industries maintain a consistent supply of raw materials. Machine tools and the machinery industry were impacted by steel suppliers stocking up, causing price increases or even suppliers refusing to sell—meetings between the Industria...
Global shipping shortages, capacity shortages, and port congestion issues are expected to continue until the second half of this year. Industries including machine tools, auto parts, and garments impacted by port congestion have reported full production capacity yet unable to ship at all due to the shipping shortages. Auto parts supplier Tong Yang Group (TYG) reported that their storage has be...
Electric vehicles have seen a record-breaking growth; Tesla's delivery figures broke records this Q2, while Chinese-owned companies NIO and XPeng reported similar performances in June. Brands are looking forward to Q3, Q4 figures, as the latter half of the working year, is traditionally peak season. With EVs' market penetration rate growing steadily, experts believe supply-demand will continue...
In a report released on Thursday, the Taiwan Association of Machinery Industry (TAMI) announced the export value of machinery and equipment in the first half of the year was valued at US$15.758 billion (TWD$444.508 billion), an annual increase of 27.1% in USD, and 19.5% in Taiwan dollars, both marking a record high for the same period in history. Exports of machinery and equipment have experience...
