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.
Last year, Taiwan’s three science-based industrial parks, namely the Hsinchu Science and Industrial Park (HSIP), the Central Taiwan Science Park (CTSP), and the Southern Taiwan Science Park (STSP), together set record highs in production revenue, export revenue, and employment.
According to Taiw... Full Story
Hiwin Technologies Corp., reportedly the world’s No.2 maker of linear guide ways and ball screw bearings, kept 24-hour shifts during the weeklong Chinese New Year holidays to deal with backlogged orders, bucking the typical trend of light workloads in first quarters.
Chairman and chief executive... Full Story
Industry executives predict Everlight Electronics Co., Ltd., reportedly the world’s No.1 LED packager by volume, to make at least NT$6 per share in after-tax net income on projected revenue of NT$35-36 billion (US$1.12-1.16 billion) this year, making it Taiwan’s most profitable LED maker for anothe... Full Story
January saw Taiwan’s 10 export processing zones overseen by the Ministry of Economic Affairs (MOEA) generate some NT$32.9 billion (US$1.06 billion) in export revenue, increasing 16 percent year on year to hit a new high, according to the ministry’s Export Processing Zone Administration.
Based on... Full Story
Despite a low-season factor, Taiwan’s leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Roundtop Machinery Industries Co., Ltd., Kao Fong Machinery Co., Ltd., Falcon Machine Tool Co., Ltd., Shieh Yih Machinery Industry Co., Ltd., Tong Tai Machine & Tool Co.,... Full Story
Largan Precision Co., Ltd., recognized as the world’s biggest manufacturer of smartphone lenses with share prices on the TAIEX of Taiwan sometimes eclipsing US$82 to be the most costly on the island, has announced to begin building a factory sometime in the first quarter for some NT$20 billion (US$... Full Story
Taiwan Semiconductor Manufacturing Co. (TSMC), recognized as the world’s biggest pure silicon foundry, has announced scaling up its investment at the Central Taiwan Science Park (CTSP) to NT$700 billion (US$22.58 billion) after its NT$500 billion (US$16.12 billion) expansion project at the park pas... Full Story
Following over five decades of development, the yacht building industry in Taiwan has established a solid name among professional buyers and yacht owners throughout the world, helping the island retain its crown as Asia's biggest producer of yachts 80 feet and longer in 2015.
The latest news rep... Full Story
Industry executives project Tongtai Machine & Tool Co., Ltd., a leading machine-tool maker in Taiwan, to generate consolidated revenue in excess of NT$10 billion (US$322.58 million) this year, an increase from 2014’s NT$9.13 billion (US$294.58 million).
The bullish forecast is based on swarming ... Full Story
As the global 3C (computer, communication and consumer electronic) industry is expected to stay buoyant due to continuously growing popularity of smartphones and other mobile Internet devices, Compal Electronics Inc., world’s top-2 laptop ODM (original design manufacturer) by shipment and a leading... Full Story
Mainly fueled by a significantly growing trade surplus realized in Q4, 2014, Taiwan, mostly an export-driven economy, ended the year with an estimated 3.51 percent growth in GDP, a 3-year high and 0.08 of a percentage point higher than originally expected, according to the latest report by Director... Full Story
With international crude oil prices having fallen to record lows since the 2008 financial meltdown and a major news channel reporting per barrel price may dip to US$20, Taiwan’s GDP in 2015 is forecast to grow by around 4 percent, an equivalent of some NT$160 billion (US$5.08 billion), over 2014, a... Full Story
China Steel Corp. (CSC), recognized as Taiwan’s largest steelmaker by size, started up on January 12 its new factory of electromagnetic steel sheets owned by its affiliate, China Steel Corporation India Pvt. Ltd., in India’s western state of Gujarat, being ready to explore considerable business opp... Full Story
ZINIU Lighting Technology Corporation is a professional lighting company specializing in research, manufacturing and application of different kinds of LED lighting products.
Now the company manufactures and markets a wide range of LED lighting products to domestic and worldwide customers. The LE... Full Story
Goodway Machine Corp., one of Taiwan's leading machine-tool makers, has filled production capacity through the first quarter and is filling its second quarter capacity, largely due to an influx orders from aircraft builders and carmakers, according to company chairman, Edward Yang.
Yang says tha... Full Story
Nanya Technology Corp. and Inotera Memories Inc., both subsidiaries of the Formosa Plastics Group (FPG), together posted an estimated NT$74 billion (US$2.38 billion) in after-tax net income last year, setting new highs in both companies’ history.
Inotera estimates its after-tax net income at ove... Full Story
Delta Electronics Inc., the world’s No.1 power-supply maker for electronic devices by volume, on Jan. 22 debuted its SCARA-branded industrial robots at its R&D center in Taoyuan County, northern Taiwan, as its first step into the manufacturing of smart-factory equipment.
Company chairman, Yancy ... Full Story
Compiled by STEVE CHUANG
After seeing sharp shrinkage in size mostly due to overwhelming rivalry from underselling rivals worldwide, it may have been impossible for Taiwan’s blown film sector to return to its heyday. However, local surviving insiders are still working hard on improving machines ... Full Story
AU Optronics Corp. (AUO), Innolux Corp., MediaTek Inc., Acer Inc., and Asustek Computer Inc. of Taiwan have announced total recruitment of over 6,000 workers this year, with LCD-panel giants AUO and Innolux needing a combined 3,500 engineers, chip design house MediaTek some 2,000 engineers, and bra... Full Story
Compiled by STEVE CHUANG
High performance, excellent energy efficiency and low requirements for manpower and space are growing trends in the global market for machinery. And lots of Taiwanese extrusion machine makers have followed well those trends by developing top-caliber models and solutions ... Full Story
Compiled by STEVE CHUANG
The packaging machine industry has developed into one of Taiwan’s export contributors over the past decades after local companies began production using skills and know-how absorbed from abroad to reduce the industry’s dependence on imports, and many insiders have built ... Full Story
Living up to Taiwan’s reputation of “Kingdom of Hand Tools,” local suppliers of auto repair tools are earning plaudits for their long-term dedication to R&D and branding upgrades.
Unwilling to compromise in the face of rivalry from emerging countries and realizing the danger of market erosion ca... Full Story
Chip assembler Siliconware Precision Industries Co., Ltd. saw after-tax net income for 2014 surge 99.1 percent year on year to a seven year high of NT$11.73 billion (US$378.41 million), or NT$3.74 per share.
The company had 2014 total revenue of NT$83.07 billion (US$2.67 billion), increasing 19.... Full Story
Industry executives forecast dynamic random access memory (DRAM) prices to slump over 5% quarter over quarter in Q1, 2015, deeper than in Q4, 2014, due to low season factor.
Although the declines will impact sales at Taiwan’s DRAM chipmakers including Nanya Technology Corp. and Inotera Memories ... Full Story
Nanya Technologies Corp. announced total revenue of NT$49.10 billion (US$1.53 billion) in 2014, rising 8.5% year on year to a four-year high, with Inotera Memories Inc. having generated consolidated revenue of NT$82.69 billion (US$2.58 billion) in the same year, surging 40% year on year to an all-t... Full Story
Revenue or turnover of Taiwan’s businesses, described by the government chiefly as retail, wholesale and food services, totaled NT$14.5 trillion (US$460.31 billion) in 2014 to set a new high for the second consecutive year, according to Ministry of Economic Affairs (MOEA).
In December, busin... Full Story
Taiwan’s leading machine-tool makers, including Hiwin Technologies Corp., Goodway Machine Corp., AWEA Mechantronic Co., Ltd., and Kao Fong Machinery Co., Ltd., have decided to increase wages by 3-5% for the their sizable profits achieved in 2014.
Industry executives estimate Hiwin, reportedly th... Full Story
Taiwan’s heavyweight manufacturers including the Hon Hai Technology Group, Hiwin Technologies Corp., and Advantech Co., Ltd. have expressed eagerness to join Taiwan's executive ministry's program to push application of big data.
Hon Hai Chairman Terry Gou told Vice Premier Simon Chang of his hop... Full Story
Taiwan’s unemployment rate dropped to 3.96% throughout 2014, being sub-4% for the first time in seven years, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
Nevertheless such rate was higher than Hong Kong’s 3.2%, Japan’s 3.5%, South Korea’s 3.4% and Singapore’... Full Story
The expansion plan of Taiwan Semiconductor Manufacturing Co. (TSMC), a major semiconductor foundry, at the Central Taiwan Science Park (CTSP) in Taichung City failed to pass environmental assessment at a meeting on Jan. 21 with the Environmental Protection Administration (EPA) of the executive mini... Full Story