Shipments expected to rise
Shipments of small and medium-sized LCD panels by Taiwanese companies are expected to rise in the third quarter of this year on the back of increasing demand for tablets and smartphones, according to a local research firm. Taiwanese manufacturers will ship 373 million LCD displays during the third quarter, up 3.2 percent from the previous quarter, Digitimes Research forecast in a recent note, but the quarterly growth rate of 3.2 percent is the lowest since 2005, which Digitimes analyst Jason Yang (楊仁杰) attributed to increased competition. Yang said shipments are expected to contract 1 percent in the third quarter compared with last year and shipments in the fourth quarter are likely to contract 6.5 percent from this quarter and 5.2 percent year-on-year.
TAITRA looks to tap Brunei
The Taiwan External Trade Development Council (TAITRA) said yesterday it is to lead two trade delegations to Brunei and participate in an exhibition. In addition to the local market, Taiwan plans to tap Brunei as a gateway to increased trade with ASEAN nations and Muslim markets, the trade promotion body said in a statement. TAITRA plans to lead the two trade delegations to Brunei next month, including one exclusively for opportunities in the halal food sector. In October, the council plans to take representatives from Taiwanese firms to attend an exhibition.