Hsu Chieh-li: TEEMA Promotes 4 Major Overseas Science Parks, Mexico Progressing Faster
Hsu Chieh-li, Vice Chairman of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), stated today that TEEMA continues to promote its science parks in Mexico, Poland, the United States, and India, with Mexico showing faster progress. He expressed that the industry hopes for an early end to the Middle East conflict to reduce its impact on the global economy and stabilize international oil prices. Hsu also noted that the global automotive electronics market is recovering, and rising oil prices might create opportunities for electric vehicle development.
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- 📰 Published: April 14, 2026 at 12:38
- 🔍 Collected: April 14, 2026 at 13:01 (23 min after Published)
- 🤖 AI Analyzed: April 15, 2026 at 23:07 (34h 5m after Collected)
Taipei, April 14 (CNA) Hsu Chieh-li, Vice Chairman of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), stated today that TEEMA continues to promote its science parks in Mexico, Poland, the United States, and India, with Mexico showing faster progress. He expressed that the industry hopes for an early end to the Middle East conflict to reduce its impact on the global economy and stabilize international oil prices.
The Taipei International Auto Parts & Accessories Show, Taiwan International Smart Mobility Show, and Taipei International Automotive Electronics Show opened today. Hsu Chieh-li delivered a speech on behalf of TEEMA, one of the organizers. He stated that the association continues to promote TEEMA science parks overseas, planning four major bases in Mexico, Poland, the United States, and India to support global manufacturing and supply chain layouts.
Hsu Chieh-li revealed in a brief interview with reporters that progress in Mexico might be faster.
Observing the global automotive electronics market trend, Hsu Chieh-li stated that it is currently recovering. Subsequent observations will focus on international oil prices and the support from various governments, including the US government's support for electric vehicle development.
Regarding the US-Iraq conflict and the disruption of shipping in the Strait of Hormuz, Hsu Chieh-li pointed out that it might bring opportunities for electric vehicle development because rising oil prices increase consumers' willingness to purchase electric vehicles when buying new cars.
Hsu Chieh-li stated that the industry hopes the Middle East conflict can end as soon as possible to reduce its impact on the global economy and stabilize international oil prices, because high oil prices have a significant impact on inflation, affecting not only a single industry but also the end consumer market.
Observing the impact of rising international aluminum prices on the automotive industry, Hsu Chieh-li stated that the change currently seems small. If international metal prices continue to rise, the impact will not only be on the automotive industry but also on the electronics industry. He expects market demand to remain strong, and if inflation is controllable, it will help stabilize raw material prices. (Editor: Chang Chun-mao) 1150414
The Taipei International Auto Parts & Accessories Show, Taiwan International Smart Mobility Show, and Taipei International Automotive Electronics Show opened today. Hsu Chieh-li delivered a speech on behalf of TEEMA, one of the organizers. He stated that the association continues to promote TEEMA science parks overseas, planning four major bases in Mexico, Poland, the United States, and India to support global manufacturing and supply chain layouts.
Hsu Chieh-li revealed in a brief interview with reporters that progress in Mexico might be faster.
Observing the global automotive electronics market trend, Hsu Chieh-li stated that it is currently recovering. Subsequent observations will focus on international oil prices and the support from various governments, including the US government's support for electric vehicle development.
Regarding the US-Iraq conflict and the disruption of shipping in the Strait of Hormuz, Hsu Chieh-li pointed out that it might bring opportunities for electric vehicle development because rising oil prices increase consumers' willingness to purchase electric vehicles when buying new cars.
Hsu Chieh-li stated that the industry hopes the Middle East conflict can end as soon as possible to reduce its impact on the global economy and stabilize international oil prices, because high oil prices have a significant impact on inflation, affecting not only a single industry but also the end consumer market.
Observing the impact of rising international aluminum prices on the automotive industry, Hsu Chieh-li stated that the change currently seems small. If international metal prices continue to rise, the impact will not only be on the automotive industry but also on the electronics industry. He expects market demand to remain strong, and if inflation is controllable, it will help stabilize raw material prices. (Editor: Chang Chun-mao) 1150414
FAQ
Where are the overseas science parks promoted by TEEMA located?
They are located in Mexico, Poland, the United States, and India.
Which TEEMA science park is expected to progress the fastest?
Mexico.