Taiwan Industry Updates
Taiwan’s machine-tool makers made better-than-expected earnings in 2013 on average mostly due to income from currency exchanges.
Kao Fong Machinery Co., Ltd. saw both revenue and earnings for last year hit fresh historical highs, with after-tax net income of some NT$130 million (US$4.3 million), or NT$1.5 per share, on consolidated revenue of NT$2.04 billion (US$68 million).
Hota Industrial... Full Story
Less workdays due to the Chinese New Year holidays affected revenues of major bicycle and parts makers in Taiwan.
In January, Merida had consolidated revenue of NT$1.77 billion (US$58.8 million), down 18.02% month-on-month (MoM), and a 10.12% decrease year-on-year (YoY).
Merida pointed out that its bicycle sales in China in late January enjoyed YoY increase, but shipments from the company's... Full Story
Crispin Wu, president of Tong Yang Industrial Co., Ltd., a leading auto-parts manufacturing conglomerate engaged in both original equipment (OE) and aftermarket (AM) parts production and sales globally, recently said the Chinese market will present many lucrative opportunities to both OE and AM parts suppliers, whose opportunities will rise further by increasingly higher market shares of Japane... Full Story
A gateway to Indonesia’s celebrated furniture and crafts industry, the Indonesia International Furniture Expo (IFEX) is scheduled for Mar. 11-14 in Jakarta, to be fully supported by the Indonesia Furniture Association and the government of Indonesia. The event is perfectly timed to fit seamlessly in the peak season of the ASEAN (Association of Southeast Asian Nations) furniture exhibition series,... Full Story
Established in 1990, U-Yichang Industry Co., Ltd. is a specialized manufacturer of saw blades, and the exclusive agent in Taiwan who imports Kinkelder’s HSS circular saw blades from the Netherlands. Equipped with 4-axis CNC grinding machines, surface grinding machines, and cylindrical grinding machines, the firm also offers grinding and re-sharpening services.
The company’s product line encomp... Full Story