October 5, 2007
Backed by a strong ICT industry and manufacturing capabilities, Taiwan’s auto electronics yearly output could rise up to
NTD 150 billion by 2010, said Joe Huang, head of the Taiwan Automotive Research Consortium (TARC).
Taiwan’s auto electronics output is currently
NTD 50 billion, said Huang at a recent exhibition held by TARC, entitled “The Taiwan’s Auto Electronics Industry Gets Started Now”. TARC is also holding this year’s Taiwan Automotive International Forum and Exhibition.
With projected high outputs and strong profits, the auto electronics industry also presents development opportunities – Huang noted that in the production of a single automobile alone, electronics comprise nearly 40% of the vehicle’s cost.
Huang also noted that in the past, Taiwan was known only as a manufacturing base, commonly associated with the label “Made in Taiwan”. Today, however, the reality is different, as a growing number of Taiwanese companies have shown a number of strengths, including development experience in Mainland China,
R&D capabilities in the IC electronics field, and an ability to quickly adapt to global changes.
These strengths have helped Taiwanese companies stand out among auto electronics suppliers worldwide, said Huang. One example of this was featured at the exhibition: an Advanced Driver Assistance System developed by Taiwanese research organizations and private enterprises. When this product enters mass production, Taiwan’s auto electronics components industry could see unlimited room for growth, said Huang.
(United Daily News)
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