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Biz at TAITRONICS 2009 expo up by 22%



Author: N Vasudevan
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Biz at TAITRONICS 2009 expo up by 22%
Monday, November 02, 2009

The 35th Taipei International Electronic Show (TAITRONICS) was conducted recently at Taipei, Taiwan. The expo was jointly organized by Taiwan External Trade Development Council (TAITRA) and Taiwan Electrical and Electronic Manufactures' Association (TEEMA). The expo hosted 850 exhibitors with 1,728 booths.

The total visitor count was at 50,822. The top five countries of buyers were Japan, the US, China, Hong Kong, and Thailand. The number of buyers from India, Israel, and Russia was larger than last year, indicating that Taiwanese products have retained their competitive edge in emerging markets despite global downturn, according to TAITRA.

Buyers placed orders worth $150 million to the local suppliers on the first day of the expo. This amount almost matches the $170 million orders placed during the last year's expo. During the show, it is estimated that $210 million worth of business transaction took place, a 22 percent increase from last year.

Yuen-Chuan Chao, President & CEO of TAITRA speaking at the opening ceremony A performance during the TAITRONICS expo

Yuen-Chuan Chao, President and CEO, TAITRA, at the opening ceremony mentioned that the impact of financial crisis to Taiwan is lighter than other Asian countries due to the country's strong foundation in electronic and ICT industries. According to a market report released by the Industrial Economics & Knowledge Center (IEK), the output value of Taiwan's electronic components in Q1 of 2009 was NT$112.1 billion, a 33 percent decline quarter-on-quarter and a 35 percent decline compared with the same period last year.

The sector's output in Q2 grew 30 percent from Q1 to NT$145.5 billion, thanks to increasing demand from China, but the figure was still 17 percent lower than in the second quarter of 2008. The output of Taiwan's electronic components sector is expected to reach NT$174 billion in Q3, an increase of 20 percent over the previous quarter, as per the Aug forecast by the Industry and Technology Intelligence Services (ITIS).

The ITIS, operated by the ITRI, attributed the increase to surging demand of Chinese 'bandit' phones and CULV (consumer ultra low voltage) notebooks, sold by major vendors.

The next TAITRONICS is planned to be conducted between Oct 11-14, 2010.


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