Looking in-depth at the latest developments in production, sales, product design innovation, and technology advancements, as well as overall supply capabilities of Taiwan’s major export industries, these reports focus on machinery, auto parts, hardware, furniture, lighting and hardware etc. to keep global buyers and readers informed and better prepared to do business with Taiwan suppliers.
With its invested steel company, Formosa Ha Tinh Steel Corporation, to start up its first blast furnace in Vietnam at the end of 2015, Taiwan-based Formosa Plastics Group, a conglomerate of plastics, steels and petrochemicals, plans to invite Japan’s JFE Steel Corporation to take 10% stake in the s... Full Story
With advertisements placed by construction, cosmetics and financial sectors all declining, Taiwan’s total advertising spending in the first half (H1), 2014 dropped 1.3% year-on-year (YoY) to NT$22 billion (US$703.3 million), according the latest statistics compiled by the global media researcher, N... Full Story
Tigerair Taiwan, low-cost carrier (LCC) established by Taiwan’s China Airlines Ltd. and Singapore’s Tiger Airways, announced its maiden flight to take off from Taiwan to Singapore in late September, earlier than scheduled, to be the island’s first LCC.
The LCC has just entered the fourth certifi... Full Story
Everlight Electronics Co., Ltd., world’s No.1 LED packager by volume, has announced increasing capital expenditure for this year to NT$1.5-1.7 billion (US$50-56 million) from originally planned NT800 million-NT$1 billion (US$26-33 million) in light of brisk demand.
The company’s median annual c... Full Story
Everlight Electronics Co., Ltd., world’s No.1 LED packager by volume, topped its Taiwanese peers in the LED industry in profitability in the first half (H1) of the year by making NT$907 million (US$30.2 million), or NT$2.16 per share.
Its H1 earnings enabled the company to dethrone Advanced Opt... Full Story
The Global TD-LTE Initiative (GTI) will hold its first Taiwan workshop in Hsinchu September 17-18, bringing executives from 37 4G service providers worldwide, including Softbank, Sprint, KT, and Vodafone, to meet Taiwan’s equipment suppliers.
Kicked off in 2011 by Bharti Airtel, China Mobile, Cl... Full Story
Taiwan’s average household savings totaled NT$194,000 (US$6,466.7) in 2013, with household savings rate declining by 0.59 of a percentage point from a year earlier to 20.62%, according to the Directorate General of Budget, Accounting & Statistics (DGBAS).
The island’s average household savings p... Full Story
With its notebook PC shipments surging mainly on market recovery, Asus, a Taiwanese brand of PCs, laptops and motherboards, outpaced Dell as the world’s No.3 laptop brand by shipment in Q2 of this year, according to the latest report by NPD DisplaySearch, a Japanese market research firm.
NPD Di... Full Story
Market consultant Gartner, Inc. has recently raised its growth forecast for global semiconductor sales to an annual rate of 6.7% in 2014 with revenue of around US$336 billion, up from the previous quarter’s forecast of a 5.4% increase.
The company raised the forecast based on that sequential gro... Full Story
Mostly driven by improving economic climate in the U.S., Taiwanese fastener makers generally experienced a rosy July, when the industry’s exports to the U.S. hit a post-financial-tsunami single-month high of some 56,000 tonnes, up 6.37% month-on-month, or 8.73% year-on-year, to command nearly 40% o... Full Story
According to the Taiwan Association of Machinery Industry (TAMI), the island shipped US$10.1 billion of machinery in the first half (H1) of the year, up 8.2% year on year, with such increase to reach a 10.6% year-on-year growth to NT$307 billion (US$10.2 billion) if denominated in the New Taiwan do... Full Story
Regardless of the lower-than-expected earnings for the second quarter (Q2) of 2014, Hiwin Technology Co., Ltd. Chairman Eric Chuo remains sanguine about corporate sales in the second half (H2) of the year.
The company, a major Taiwanese maker of precision components for machines and a global mak... Full Story
Taiwan Machine Tool & Accessory Builders’ Association (TMBA) Chairman Eric Chuo expressed his optimism for the island’s machine-tool industry in the the third quarter (Q3) based on the strong growth in the first half (H1) of 2014 of most of the local manufacturers and rising demand for intelligent ... Full Story
By QUINCY LIANG
As in many other sectors, Taiwan was once a world-class supply base of auto tuning parts and accessories, offering quality, reasonably-priced products under OEM/ODM basis to international brands, but in recent years, the global auto-accessory market has been overwhelmed by unders... Full Story
The board of China Steel Corp. (CSC), the largest steelmaker in Taiwan by size, recently approved several new investments, mostly to boost the firm’s presence in the ASEAN (Association of Southeast Asia Nations) bloc.
Among these new projects, the acquisition of a 5% stake in the China Steel Sum... Full Story
After the upcoming China-Korea free trade agreement (FTA) comes into effect, Taiwan will likely see its overall output value decline by up to NT$650 billion (US$21.89 billion) within the next three to five years, according to the Industrial Economics & Knowledge Center (IEK), a market research unit... Full Story
Mainly driven by price drops in raw materials and profitable reinvestments, China Steel Corp. (CSC), the largest steelmaker in Taiwan by size, posted pretax profits of NT$2.723 billion (US$90.76 million), or NT$0.17 per share, in July, up 17% month-on-month (MoM) or 49.53% year-on-year (YoY) to hit... Full Story
European Union (EU) has decided to investigate photovoltaic (PV) manufacturers from Taiwan, Japan and Malaysia to see if they had helped China’s solar-panel makers evade price and quantity limits, by supplying solar cells, it imposes on China's exports.
Taiwanese manufacturers fear being penaliz... Full Story
Taiwanese machine-tool makers Hiwin Technology Co., Ltd. and Fair Friend Group will engage in acquisitions overseas in the second half (H2) of the year to support robotic projects and build global presence.
Hiwin, a major maker of ballscrews and precision components for machine tools in Taiwan, ... Full Story
Taiwan’s sales of trade and food services in H1, 2014 hit a new high of NT$7.1 trillion (US$237.1 billion), with the sales for June up 4.1% year on year to NT$1.2 trillion (US$41.1 billion), according to the Department of Statistics of the Ministry of Economic Affairs (MOEA), which attributes such... Full Story
By KEN LIU
At a time when machine-tool makers are rushing to introduce machines that are more durable, more precise, faster, and more energy-efficient, Taiwan’s parts makers are rushing just as fast to offer the improved components they need.
Marox Tools Industry Co., Ltd., founded back in 19... Full Story
By STEVE CHUANG
According to Visiongain, a British market research firm, the global flexible packaging market has reached some US$143.83 billion, mostly driven by growing sales of consumer products in emerging nations. In the next decade, the firm forecasts the global market will likely peak, gi... Full Story
By MICHELLE HSU
Despite consumers’ concern over high cost, technological bottlenecks, inconvenience of recharging, among other problems of new energy cars, new energy vehicles have found a promising market in China where, according to official statistics, production and sales of new energy cars ... Full Story
By STEVE CHUANG
According to insiders there is growing demand globally for high performance, energy-efficient, low labor input and compact machinery. And lots of Taiwanese extrusion machine makers are rising to such challenge to develop top-caliber models that help users to achieve high profit a... Full Story
By STEVE CHUANG
Taiwan's makers of plastic and rubber machinery, including blown film machines, have generally experienced a business slump so far this year mainly because of increasing rivalry from emerging competitors as well as sluggish corporate investment in fixed assets over the past few y... Full Story
By KEN LIU
Taiwan’s machine-tool makers are rushing to keep up with market trends and address the issues of labor cost, production efficiency, and quality by introducing machines that are ever-more automatic, intelligent, and efficient.
Already the world’s No. 4 machine-tool exporter with exp... Full Story
With the increasingly challenging global market, along with China and S. Korea being close to signing a free trade agreement (FTA), Rock Hsu, chairman of Taiwan’s Chinese National Federation of Industries (CNFI), urges the Taiwanese government to accelerate negotiations with China on striking a Cr... Full Story
With its biggest customer, Nike, likely to stock up aggressively in August to better cope with the U.S.’s simmering market for golf clubs, O-Ta Precision Industry Co., Ltd., a Taiwan-based contract manufacturer of golf clubs and heads, is likely to see the traditional September high season advance ... Full Story
In June, Taiwan shipped US$352 million of machine tools, up 13.3% year on year to help boost Taiwan's H1 exports by 4.9% YoY to US$1.8 billion or so, according to the Taiwan Association of Machinery Industry (TAMI).
TAMI President J.C. Wang pointed out that the June figure shows the island’s mac... Full Story
Driven by the rise of low-cost carriers (LCCs) as well as aggressive promotions by Taiwan's airlines and travel agencies, the Taoyuan International Airport saw passenger traffic exceed 16.68 million people in the first half (H1) of the year for a 13.1% increase, compared to 14.75 million in the sam... Full Story