Page 32 - TTG-Taiwan Transportation Equipment Guide 2025-09 Edition
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       Industry News


              designed to aid drivers in various aspects of driving,   The Environmental, Social, and Governance
              including navigation.                             (ESG)  framework,  which  is  used  to  assess  a
                                                                company's sustainability and ethical impact, is also
                 Along  with  vehicles  trending  towards       inspiring Taiwanese AM-parts makers to proactively
              “intelligentization” and electrification, electronic   embark on development of sustainable materials
              devices, such as ADAS, Electronic Control Unit    and recyclable technologies to meet American and
              (ECU), and Intelligent Auto Headlights, will soon be   European environment criteria and upgrade their
              built into cars in big way. According to S&P Global   international competitiveness.
              Mobility, the value of microchip contents in cars will
              reach approximately US$1,400 per vehicle in 2028,    When it comes to the prospect of 2025, most of
              presenting Taiwanese auto-parts makers a lucrative   Taiwanese AM-parts makers are bright about their
              business opportunity given Taiwan’s unmatched     business in spite of the lingering inflation pressure
              chip-making and innovative design capabilities.   and market fluctuation that are shadowing global
                                                                economy. They point out that global demand for AM
                 Industry watchers project Taiwan to put out over   parts remains strong regardless of these uncertain
              NT$600 billion (US$20 billion) worth of automotive   factors.
              electronics throughout 2025, with the devices likely
              to account for some 50% of the cost of a car.
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