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 ...

According to survey results released by the Taiwan Machinery Association (TAMI) on March 9, nearly 60 machinery manufacturers have been affected since the war between Russia and Ukraine broke out. The initial estimate of the affected orders amounted to more than USD$6.9 million, or approximately NTD$200 million. TAMI Chairman Wei Tsan-wen said that the Russian-Ukrainian war is a global concer...

Entering its third year, the COVID-19 pandemic has caused a number of problems among Taiwanese factories operating in Southeast Asia as the countries there suffered through multiple outbreaks, leading to prolonged lockdowns or increased restrictions. For TaiHan Precision Technology, the plastic injection benchmark company pointed out that the coronavirus appears to head towards the endemic st...

Originally published in the Economic Daily News by ITRI Aldea AI Collaboration Platform in Mandarin Chinese Translation by Stephanie Chao Editor's Notes: To create hand tools, one must require the equipment to do so. With digital transformation and Industry 4.0 capabilities becoming more and more prevalent across different industries, the incorporation of smart machinery has become a crucial ...

The previous article discussed smart manufacturing practices and the challenges of implementing these new technologies into a real-world situation. For further elaboration on these topics, CENS interviewed Industrial Technology Research Institute (ITRI) Industry, Science and Technology International Strategy Center (ISTI) analyst Silicon Shih via email, covering overall AI trends in Taiwan's indu...

Foxconn Chairman Young Liu revealed on Thursday (Feb. 10) that the company is scheduled to release two more new electric vehicle models this year to tap into the growing EV markets in India, the U.S., and Thailand. The focus on these industries will help bolster Foxconn's business revenue in semiconductor-related growth from 10% to 20%, while auto parts revenue could also see significant growt...

Digital transformation is one of the most trending keywords in recent years, primarily due to the COVID-19 pandemic that has accelerated the digital transformation among enterprise operations. What is the definition of digital transformation? Taiwan's top research and technology development organization ITRI AI collaborative platform Aldea considers a company that is embracing digital transformat...

Since the COVID-19 pandemic began, the biggest machine tool trade show in Taiwan is slated to kick off this month, with the in-person 2022 TIMTOS x TMTS 2-in-1 show held at Taipei Nangang Exhibition Center Hall 1 and Hall 2 on February 21 to 26, while the online edition will last from Feb.21 to March 21 for a month. The 2-in-1 show is the first-ever of its kind, as event organizers have hosted...

The Omicron variant's fast spread has World Health Organization experts looking towards the COVID-19 pandemic transition into the endemic stage, where high rates of vaccination and widespread infection could lead to global immunity. However, Pegatron Chairman T.H. Tung pointed out that despite the waning health emergency, shortages of crucial components will continue to persist beyond the pandemi...

Taiwan Institute of Economic Research (TIER) announced the November manufacturing index on Thursday, signaling that the overall index rose by 0.14 points from 15.14 points revised last month to 15.28 points in November. The index signal, representing the state of the manufacturing index, has remained in the green index for two consecutive months now. The application of emerging technologies an...