Mar 1, 12:04
2024 Industry Outlook (3): Using economic data to assess industry directions in Taiwan and China
In 2023, Taiwan's exports declined by 9.8%, which is of course related to the weakening of electronics exports, but with a total export value of US$432.5 billion, a trade surplus of US$80.56 billion, and a surplus of over US$300 billion in tax revenue, the overall result is not too bad. S&P Global projects a 19.2% growth for Taiwan's exports in 2024. What can be expected optimistically and what should be planned for?
US air safety regulators concluded a mishap investigation into SpaceX's most recent Starship explosion in November, laying out the issues the Elon Musk-led company must address before it can attempt to launch the rocket for a third time.
AI, 5G, and 6G will be the overarching themes as leading suppliers of the telecom industry convenene in Barcelona, Spain for the Mobile World Congress (MWC) Barcelona 2024. MediaTek, Huawei, and Qualcomm, in particular, zoom on Generative AI and pre-6G technologies for their MWC Barcelona 2024 demonstrations.
China Mobile, which boasts the world's largest number of mobile users, successfully launched the world's first 6G architecture test satellite recently, marking a significant milestone in exploring integrated space-ground communication technology.
The German Trade Office Taipei has released its Business Confidence Survey Report 2023/2024. The survey, conducted between November 15, 2023, and January 12, 2024, had a response rate of 39% out of the 251 contacted German businesses in Taiwan. "Even though a high degree of continuity in economic policy can be expected after January's elections, increased cross-strait tensions are seen as a growing burden," according to the report's assessment.
The Dutch Trade Minister Geoffrey van Leeuwen expressed fears about China's intentions.
As the direction of the US space policy changed from 2003 on, the National Aeronautics and Space Administration (NASA) gradually left the low Earth orbit (LEO) satellite sector to private industry, instead focusing on the deeper space domain with higher academic research value. This shift ushered in a new era of commercialization in the space industry. SpaceX, which currently dominates the field of LEO satellites, was founded during this period and emerged prominently only after advancements in rocket technology and a reduction in satellite manufacturing costs.
OpenAI and Microsoft have invested huge sums of money in AI humanoids.
Japan launched its flagship rocket in what could be a turning point for a battered space program struggling to overcome recent setbacks and compete with Elon Musk's SpaceX.
Auden Techno, the RF solution provider of wireless technology, has announced the expansion of its production capabilities at its Vietnam plant to meet the burgeoning demand for NB antennas. This move comes in anticipation of a surge in orders driven by the projected uptake of AI-powered PCs.
Added by the US Department of Defense to the list of Chinese military companies, Chinese LiDAR (Light Detection and Ranging) company Hesai Technology continues to see growing shipment volumes in 2023, along with other leading LiDAR companies in China. Chinese LiDAR companies have also been beefing up their in-house chip design efforts to prepare for a potential escalation of sanctions.
Amid the escalating rifts of the US-China trade war, the concept of supply chains is undergoing a fundamental transformation. No longer just a logistical network, supply chains are now being bifurcated into distinct "Chinese" and "non-Chinese" factions, with conflicts further deepening the divide between "democratic" and "non-democratic" camps.