Martian2
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There are two important implications of Taiwan's record US$6.69 billion September 2017 trade surplus.
Firstly, Taiwan is innovating technologically and expanding its trade surplus. Taiwan has new high-tech goods to sell to the world and this causes Taiwan's trade surplus to hit a new record.
In another thread, I have already mentioned Taiwan ITRI's and Taiwan-based Transcend's USB 3.0 flash memory stick with a maximum capacity of 2 TERABYTES. Transcend has annual sales of slightly over US$600 million (TRANSCEND INFORMATION, INC | 4-traders).
"Transcend Information, Inc. (Chinese: 創見資訊股份有限公司; pinyin: Chuàngjiàn Zīxùn Gǔfèn Yǒuxiàn Gōngsī) is a Taiwanese company headquartered in Taipei, Taiwan that manufactures and distributes memory products. Transcend's product portfolio consists of over 2,000 products including memory modules, flash memory cards, USB flash drives, portable hard drives, multimedia products, solid state drives, dashcams, body cameras, personal cloud storage, card readers and accessories.
It has offices in the United States, Germany, the Netherlands, United Kingdom, Japan, Hong Kong, China and South Korea. It was the first Taiwanese memory module manufacturer to receive ISO 9001 certification.
According to Gartner Research in 2013, Transcend was the world's No. 3 USB Flash Drive manufacturer, with 20% year-over-year market share growth, and the world's No. 5 Flash Card manufacturer. And, as per Gartner’s analysis of SSD global market share for 2015, Transcend ranked No. 4 in the industrial SSD market."
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The second important inference that we can draw from Taiwan's record trade surplus is that China's trade exports will keep increasing. For the last 40 years, Taiwanese high-tech has migrated to mainland China. We should expect the continuous transfer of current Taiwanese high-technology to mainland China.
Taiwan should be viewed as an R&D center for mainland China. We see the debut of many new technologies in Taiwan first and it eventually ends up as a mainland Chinese export.
So far, I have mentioned three interesting recent Taiwanese technological inventions.
a. ITRI and Transcend USB 3.0 flash memory stick with a maximum capacity of 2 TERABYTES (Taiwan's ITRI and Transcend has teamed up to create a USB 3.0 thumb stick featuring 2 TB of storage | Tom's Hardware).
b. ITRI developed advanced "controller software" for five-axis CNC machine tools (ITRI Founds Machine Tools Technology Center to Promote CNC Industry Cluster | ITRI Today (Summer Issue 2015))
c. Taiwan Delta Electronics developed SCARA and industrial robots.
I will cover another seven recent Taiwanese technological inventions in this thread.
Firstly, Taiwan is innovating technologically and expanding its trade surplus. Taiwan has new high-tech goods to sell to the world and this causes Taiwan's trade surplus to hit a new record.
In another thread, I have already mentioned Taiwan ITRI's and Taiwan-based Transcend's USB 3.0 flash memory stick with a maximum capacity of 2 TERABYTES. Transcend has annual sales of slightly over US$600 million (TRANSCEND INFORMATION, INC | 4-traders).
"Transcend Information, Inc. (Chinese: 創見資訊股份有限公司; pinyin: Chuàngjiàn Zīxùn Gǔfèn Yǒuxiàn Gōngsī) is a Taiwanese company headquartered in Taipei, Taiwan that manufactures and distributes memory products. Transcend's product portfolio consists of over 2,000 products including memory modules, flash memory cards, USB flash drives, portable hard drives, multimedia products, solid state drives, dashcams, body cameras, personal cloud storage, card readers and accessories.
It has offices in the United States, Germany, the Netherlands, United Kingdom, Japan, Hong Kong, China and South Korea. It was the first Taiwanese memory module manufacturer to receive ISO 9001 certification.
According to Gartner Research in 2013, Transcend was the world's No. 3 USB Flash Drive manufacturer, with 20% year-over-year market share growth, and the world's No. 5 Flash Card manufacturer. And, as per Gartner’s analysis of SSD global market share for 2015, Transcend ranked No. 4 in the industrial SSD market."
----------
The second important inference that we can draw from Taiwan's record trade surplus is that China's trade exports will keep increasing. For the last 40 years, Taiwanese high-tech has migrated to mainland China. We should expect the continuous transfer of current Taiwanese high-technology to mainland China.
Taiwan should be viewed as an R&D center for mainland China. We see the debut of many new technologies in Taiwan first and it eventually ends up as a mainland Chinese export.
So far, I have mentioned three interesting recent Taiwanese technological inventions.
a. ITRI and Transcend USB 3.0 flash memory stick with a maximum capacity of 2 TERABYTES (Taiwan's ITRI and Transcend has teamed up to create a USB 3.0 thumb stick featuring 2 TB of storage | Tom's Hardware).
b. ITRI developed advanced "controller software" for five-axis CNC machine tools (ITRI Founds Machine Tools Technology Center to Promote CNC Industry Cluster | ITRI Today (Summer Issue 2015))
c. Taiwan Delta Electronics developed SCARA and industrial robots.
I will cover another seven recent Taiwanese technological inventions in this thread.
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