Taipei opens 1st e-commerce expo
The latest innovations in electronics are on show at the 2015 Taipei International Electronics Show ( ), held this year with Taiwan’s first trade fair featuring e-commerce.
The 2015 E-Commerce Expo Asia ( ) brings together 120 booths representing 50 e-businesses from around the world. It also hosts talks and forums on trends in Asian e-commerce.
The lineup of speakers at today’s Asia eCommerce Forum includes Scott Beaumont, president of Google of Greater China; Christina Lin, director of Facebook’s division for small and medium-sized enterprises in Greater China; and Alan Lan, head of online sales at Twitter in Greater China.
The Asia-Pacific region is the fastest-growing e-commerce market in the world, according to Peter Huang ( ), president of Taiwan External Trade Development Council (TAITRA), a co-organizer of both shows.
The number of Internet users in the region is set to reach 300 million in three years and online retail transaction volume could hit US$21.8 billion, Deputy Economics Minister Bill Cho ( ) said yesterday.
Cho said newly ratified legislation on third-party payment platforms will introduce new mobile payment services to the market soon and bolster Taiwan’s ICT sector.
Taiwan’s first E-Commerce Expo Asia runs at the Taipei Nangang Exhibition Center, Hall 1 from now to Oct. 9.
41st Electronics Fair
Held concurrently at the same venue is the 2015 Taipei International Electronics Show (
), which showcases the latest in electronic components, smart living and consumer elec- tronics, broadband and cloud tech products and LED lighting and applications.
Co-organized by TAITRA and the Taiwan Electrical and Electronic Manufacturers’ Association, this year’s fair is themed “green electronics, smart living.”
It brings together 530 vendors at over 1,000 booths and is expected to draw nearly 40,000 domestic and international buyers and industry members, organizers said.
The Taipei International Electronics Show, now in its 41st year, is one of the country’s longestrunning trade fairs and among the most important, Huang said.
Electronics are Taiwan’s most important export sector: In 2014, the export value of electronics and related products reached US$123.5 billion, accounting for 40 percent of total exports, Cho said yesterday.
Last year, Taiwan exports posted annual growth of 8.6 percent, higher than the overall export growth of 2.7 percent, he said.
Even in a recession, the electronics sector has enjoyed fairly stable growth and innovation. In 2014, production value in the electronics industry grew 7 percent year-onyear to US$154.6 billion, twice the gain seen in the overall manufacturing sector, he said.
Deputy Economics Minister Bill Cho ( yesterday.
) tests out a new application while trade representatives look on at the Taipei International Electronics Show in Taipei,