SDG Epidemic Prevention Weekly(2023/01/16)

Editor : Alex Tsai  

Dear Partners,

Up to this week, there have been more than 666 million confirmed cases of Covid-19 in the world, with more than 6.71 million deaths. The death rate has continued to drop to 1.01%. Week-on-week number of newly diagnosed cases was 97.45%(decreased 2.55%). The group maintained normal epidemic prevention measures and adhered to local government regulations.

In view of the fact that most countries and regions have announced that they will no longer update the figures related to the Covid-19 epidemic, most of the world has been unblocked and opened up, and the epidemic situation is clear. After three years, the SDG Group’s weekly report on epidemic prevention and recovery will also be finalized on February 6, 2023. SDG Group still maintains normal epidemic prevention and promotes the concept of "SDG Industrial Value Network" to accelerate the recovery of the industry.

    global Global PESER (Politics Economy Society Enterprise Risk)
    SDG Group P: U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida will discuss security and global economic issues, which could include restrictions on semiconductor exports to China.
    E: Japan announced that Tokyo’s core CPI increased by 4% in December last year, a record high since 1982. In addition to being higher than market expectations, it has also been above the Bank of Japan’s target value of 2% for seven consecutive months.
    S: The Taiwan CDC stated that during the Spring Festival, BA.5 is expected to remain the mainstream and will not fade away so quickly. The remaining new mutant strains are mainly due to increased transmissibility and reinfection rate, while the morbidity rate and mortality rate have not increased significantly.
    E: In January, the production capacity delivery period for orders is 90 days, and the guaranteed supply and delivery period is 30 days, promoting automation to increase production capacity.
    R: 4.0

Taiwan Headquarters (General Manager : Kevin Chen)

    company PESER (Politics Economy Society Enterprise Risk)
    MWTW P: China's official-backed "Globalization Think Tank" (CCG) released the 2023 China and Globalization Report, which analyzed and judged this year's trends, including "new developments in cross-strait economic and cultural exchanges and cooperation and integration in various fields; the situation in the Taiwan Strait remains stable."
    E: The Ministry of Finance announced that exports in December last year were 35.75 billion US dollars, the lowest level in the past 20 months, an annual decrease of 12.1%, and four blacks in a row. The Ministry of Finance expects that the decline in exports may continue. There will also be negative growth.
    S: The meeting of the "Price Stabilization Group" of the Executive Yuan proposed six major price stabilization measures, including "no increase, only reduction" in oil prices from January 16 to 29, and the freezing of water, electricity, natural gas, and liquefied petroleum gas prices before the end of January so that the people can have a good year.
    E: Continue to increase the output value ratio and two-day delivery rate, stabilize the production capacity and normal supply during the Spring Festival.
    R: 4.2

Guangzhou MEAN WELL (General Manager: Aden Wang)

    company PESER (Politics Economy Society Enterprise Risk)
    GZMW P: The National Immigration Administration has suspended the issuance of port visas and the 72/144-hour transit visa exemption for South Korean and Japanese citizens.
    E: For the whole of 2022, China's CPI, PPI and purchasing prices of industrial producers rose by 2.0 percent, 4.1 percent and 6.1 percent from the previous year.
    S: Most provinces are expected to achieve GDP growth of more than 5% in 2023.
    E: Continue to promote supply guarantee, 3+N projects and automation improvement, and maintain production and marketing level.
    R: 4.0

Suzhou MEAN WELL (General Manager: Alan Liu)

    company PESER (Politics Economy Society Enterprise Risk)
    SZMW P: President Xi Jinping held a video meeting with Czech President Zeman.
    E: In Dec,CPI rose 1.8% year-on-year in Dec., PPI decreased by 0.7% year-on-year. In 2022, CPI rose 2.0% over the previous year, PPI increased by 4.1%.
    S: The function of digital RMB payment without network or electricity was officially launched.
    E: Improving the output and two-day delivery rate and carrying out the “Guaranteed Standards’ Supply Projects", to maintain the balance of production and sales.
    R: 4.0

MEAN WELL Europe (General Manager: Coleman)

    company PESER (Politics Economy Society Enterprise Risk)
    EUMW P: EU and Ukraine leaders to meet on Feb 3rd. Some EU officials will visit Kiev before the meeting.
    E: ECB indicated harder to control inflation as strong labour market bring up salary costs.
    S: Government run Swedish mining company LKAB found precious earth metal in Sweden, this would reduce dependency to China.
    E: Increase leadtime guarantee orders as well as improving 2-day delivery rate. Visiting green energy customers and look for new KA/pKA.
    R: 4.1

MEAN WELL USA (General Manager: Leo)

    company PESE (Politics Economy Society Enterprise)
    USMW P: The House voted overwhelmingly to pass a resolution Tuesday to create a select committee focused on U.S. competition with China.
    E: US House bans emergency oil sales to Chinese Communist Party-linked entities.
    S: Pfizer Inc.’s bivalent shot for Covid-19 has shown a potential link to stroke in people 65 and older, according to US health officials citing preliminary data from one of several vaccine safety databases.
    E: Increase 2-day delivery rate and promote LTG program to stable order bookings, execute SDG market development fund.
    R: 3.9

ASIA (ASIAN Regional Manager: Leo Wu)

    company PESER (Politics Economy Society Enterprise Risk)
    INMW P: India says border situation with China is stable but unpredictable.
    E: India tightens supervision on the Internet industry and determines that Android system illegally monopolizes the market.
    S: Taiwanese semiconductor manufacturer PSMC will sign a cooperation agreement with the Indian government to assist India in setting up semiconductor factories and cultivating related talents.
    E: Promote 3+N products and visit key customers.
    R: 3.9
    SGMW P: ASEAN continues to urge the Myanmar government to show maximum self-restraint to avoid violence and engage in constructive dialogue with all parties to find a peaceful solution that benefits the people.
    E: Singapore's economic growth slows down, GDP will grow by 3.8% in 2022, and it is estimated that the economic growth in 2023 will be 0.5% to 2.5%.
    S: International survey of Singaporeans' acceptance of the new crown vaccine ranks third after India and China.
    E: Visit key direct customers and promote 3+N product.
    R: 3.9

    NE Asia (General Manager: Jeff Fang)

    company PESER (Politics Economy Society Enterprise Risk)
    NE Asia P: China announced that it will stop issuing short-term visas to Japan and South Korea from January 10th.
    E: The exchange rate of the yen against the US dollar continued to rise, and the exchange rate on January 13 was 1:128.24.
    S: With the opening of borders, the number of new crown pneumonia infections in Japan and South Korea continued to increase.
    E: Promote the guarantee program and continue to track the status of 2023Q2 orders.
    R: 3.9

Have good intentions, care our partners, provide the power of stability and assist industry to recover.

SDG Prevention Team