The industrial production index in Taiwan increased 18.37% in June 2021, compared with the same month in 2020. The annual production index by some major industrial divisions is as follows: manufacturing increased 20.20%, mining & quarrying decreased 5.11%, electricity & gas supply decreased 0.29%; water supply decreased 4.39%, according to the Ministry of Economic Affairs (MOEA).
Taiwan-based digital paper solution provider, E Ink Holdings, and Ricoh have jointly unveiled an ultra-thin digital whiteboard, with applications across medical, construction, and office settings.
Although the coronavirus pandemic has gradually been put under control, notebook ODMs still see their clients placing long-term orders, extending their order visibility beyond the fourth quarter of 2021. Meanwhile, Epistar and China-based Sanan have both entered into Samsung's mini/microLED chip supply chain and will begin delivery in the second half. Prices of MCUs will continue to rise through the end of 2021 as the supply of the chips will be undermined by nationwide lockdown in Malaysia and reduced support from Chinese foundries.
LCD chemical material supplier Daxin Materials will complete the construction of its new plant in Taichung, central Taiwan by the end of this year, laying the groundwork for significant business expansion in 2022.
Taiwan-based makers received export orders totaling US$53.73 billion in June 2021, increasing 2.8% sequentially and 31.1% on year, according to the Ministry of Economic Affairs (MOEA).
LCD panel makers in Taiwan and China are optimizing either production capacity or innovative technologies to enhance their presence in the IT segment, where demand for gaming monitor and notebook applications has been robust thanks to COVID-19-induced stay-at-home activities, according to industry sources.
Japan-based Nichia has initiated legal proceedings at the Dusseldorf District Court, Germany, to claim EUR4.50 million (US$5.31 million) in compensation from WOFI Leuchten Wortmann & Filz based on the court's final judgment that WOFI infringed on Nichia's YAG patent.
Some panel makers have begun shifting more of their capacity to produce display products for IT applications instead of handset ones, as handset panel prices have been falling in the face of the dwindling demand for smartphone in the end-market, according to industry sources.
LED packaging service provider Edison Opto is establishing two new production lines for LED automotive lighting modules in Taiwan, while LED automotive lighting module maker Excellence Optoelectronics (EOI) is setting up production lines at its factory in Michigan, the US, with two initial lines to be completed in the second half of 2021, according to industry sources.
China's leading panel maker BOE Technology has recently estimated that its net earnings for first-half 2021 would shoot up tenfold to reach CNY12.5-12.7 billion (US$1.934-1.965 billion), and its major peers in Taiwan have also reported impressive business results for the period, mainly due to continuous supply crunch and price hikes, according to industry sources.
LED chip and Si-based sensor chip makers Tyntek and Opto Tech have seen strong demand for Si-based sensor chips, with shipments for such orders scheduled until the end of third-quarter 2021 at least, according to the companies.