Shipment value of Taiwan's industrial computer industry reached NT$74.121 billion (US$2.44 billion; US$1=NT$30.4) in the first quarter of 2023, reflecting a 15.7% sequential decline but a 10.0% year-on-year growth, according to MIC (Market Intelligence & Consulting Institute). A closer look at regional market performance reveals a robust growth momentum in the U.S. market during the first quarter of 2023, with an impressive year-on-year growth rate of 20.7%. This growth was primarily driven by demand for automated and embedded devices in financial, retail, and lottery gaming sectors, as well as the increased demand for smart manufacturing and smart energy, spurred by government policies both domestically in Taiwan and internationally.
Looking ahead to the second half of 2023, MIC predicts that the industry is poised to reach NT$81.9 billion (US$2.69 billion) and NT$93.8 billion (US$3.1 billion), representing year-on-year growth rates of 11.7% and 12.3% in the second and third quarters of 2023, respectively. Although Europe continues to grapple with inflation and a slowdown in growth momentum, orders from Europe and the Americas remains promising. Furthermore, there are expected to have a recovery in shipments to China during the second and third quarters of 2023. MIC also notes that major manufacturers are gradually completing adjustments in their supply chains and customer inventories. In addition, there is a continued increase in demand stemmed from net-zero carbon emissions, AI transformation, and smart vehicles, contributing to the positive outlook for the industry.
Established in 1987, MIC is a division of III (Institute for Information Industry), a major government think tank, and one of leading IT research institutes in Taiwan.