Allianz Trade Machinery and Equipment 2022 Sector Outlook
As a highly cyclical sector, machinery and equipment is often hit hard and fast during slowdowns and recessions. As China went into festive season in late 2019, global exports started to decline and dipped to a low point of US$86 billion in April 2020 at the worst of the pandemic...
Americas’ Chip Suppliers Continue to Dominate R&D Spending
Despite political and national security concerns about U.S. domestic semiconductor production, American companies continue to account for more than half of the global chip industry’s total spending on research and development, according to the latest annual analysis of R&D expenditures by IC Insights...
MIC:Taiwanese Manufacturing Industry`s Spending Will Concentrate More on Manufacturing Execution Sys
Taiwan`s IT research institute MIC (Market Intelligence & Consulting Institute) conducted surveys in late 2021 with an aim to present estimates of IT spending in five major industries in Taiwan, including manufacturing, construction, finance, retail, and healthcare...
CTSP Approves a New IC Packaging Factory Expansion of the SPI
YUNLIN, Taiwan - The Central Taiwan Science Park(CTSP) has approved a 4.5-hectare factory expansion program of the Siliconware Precision Industries(SPI). The total investment in the expansion is NTD$ 97.5 billion, and the annual revenue is expected to reach NTD$35...
Siemens Energy and Tatung Cooperate on Wind Power Devices
TAIPEI, Taiwan - Siemens Energy AG cooperated with Tatung company to manufacture the wind power gas insulated switchgear which will contribute to the sustainable development of the environment. The two companies will combine GIS gas insulated switchgear of Siemens Energy and the operating interface of Tatung company...
STM and GlobalFoundries to Build New 300mm Fab in France
STMicroelectronics and GlobalFoundries announced they have signed a Memorandum of Understanding to create a new, jointly-operated 300mm semiconductor manufacturing facility adjacent to ST’s existing 300mm facility in Crolles, France...
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