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.
Similar to many other subcontract makers in Taiwan that ride the iPhone 6 wave, Taiwan-based Catcher Technology Co., Ltd., reportedly the island’s largest maker of metal cases for ICT (information and communication technology) devices by capacity and size, scored EPS (earnings per share) of NT$23.5... Full Story
The Bureau of Foreign Trade of Taiwan’s Ministry of Economic Affairs (MOEA) says both Taiwan and Singapore are heartened with the positive economic results brought by the Agreement between Singapore and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu on Economic Partnership (ASTE... Full Story
Mainly dampened by weak international crude oil prices that hover around US$50 a barrel, coupled with growth slowdowns in exports by Taiwan's electronics suppliers, Taiwan’s overall exports plummeted 8.9 percent year-on-year (YoY) to only US$25.27 billion in March, stirring fears that the island’s ... Full Story
Taiwan’s yacht industry chalked up a 13.16 percent yearly growth in exports of US$172 million in 2014, the first double-digit growth in the past five years to indicate an encouraging turnaround since the global yacht market began to sour amid the aftermath of the global financial meltdown in 2008, ... Full Story
Advanced Semiconductor Engineering (ASE) Inc., reportedly the world’s No.1 pure chip assembler, will invest NT$100-200 billion (US$3.22-6.45 billion) to double its system-in-packaging (SiP) production capacity over three years to double revenue in three to six years, according to company chairman a... Full Story
Taiwan's Ministry of Finance (MOF) announced collecting NT$353.4 billion (US$11.40 billion) in taxes in the first quarter, increasing 5.8 percent year on year to hit 15-year high.
The ministry says listed companies on Taiwan’s stock exchange and over-the-counter markets together generated NT$2.3... Full Story
Capital equipment suppliers say Taiwan Semiconductor Manufacturing Co. (TSMC), reportedly the world’s No.1 pure silicon foundry, will hike its capital expenditure this year to US$13 billion from the originally planned US$12 billion to solidify its leadership in the industry.
In response to such ... Full Story
According to Korea Joongang Daily, China’s No.1 printed circuit board (PCB) maker, BOE Technology Group, plans to venture into dynamic random access memory (DRAM) manufacturing backed by government support as is often the case with many Chinese sectors, triggering fears that the global market could... Full Story
Taiwan Semiconductor Manufacturing Co. (TSMC), reportedly the world’s No.1 manufacturer of built-to-order chips, will begin to set up volume production capacity for chips designed for Internet of Things applications (IoT) this year after building an integrated IoT ecosystem encompassing microproces... Full Story
Equipment suppliers say United Microelectronics Corp. (UMC), reportedly the world’s No.2 pure silicon foundry, will begin to provide foundry service at its 12-inch silicon-wafer fab in Xiamen, China by 2017, earlier than the 12-inch fab project planned in China by the bigger Taiwan Semiconductor Ma... Full Story
Industry executives say Advanced Semiconductor Engineering Inc. (ASE), reportedly the world’s No.1 dedicated chip assembler, has won the contract to encase the S1 processors for Apple Watch using the system-in-packaging (SiP) process, which enables more functions to be integrated into the watch whi... Full Story
Taiwan’s consumer price index (CPI) for this February slipped 0.19 percent from the same month of last year, according to the Directorate General of Budget, Accounting and Statistics (DGBAS) under the Taiwan Cabinet.
Although the February index was 0.36 percent higher than in the previous month,... Full Story
Throughout 2014, some 1,500 of Taiwan’s listed companies made a total of NT$1.8 trillion (US$58.06 billion) in after-tax net income, increasing 18 percent year on year to hit all-time high, with the most profitable industries listed on the island’s main-board and over-the-counter markets last year ... Full Story
Hon Hai Precision Ind. Co., Ltd. and Pegatron Corp., Apple’s top-two contract assemblers, saw their revenues for February 2015 hit new highs although the figures dropped from a month earlier due to less workdays in the month interrupted by the Chinese New Year break.
Hon Hai had consolidated rev... Full Story
Equipment suppliers say Taiwan Semiconductor Manufacturing Co. (TSMC) has received a surge in Apple contracts for the A9 processors, the brain of the iPad and iPhone mobile devices.
To fill the orders, the world's No.1 pure contract-chip supplier is accelerating a plan to boost foundry capacity ... Full Story
Taiwan Semiconductor Manufacturing Co. (TSMC), currently the world’s No.1 contract chipmaker, announces having net revenue of NT$62.64 billion (US$2.02 billion US$1:NT$31) in February this year alone, sinking 28.1% from the previous month whereas gaining 33.8% year on year.
Industry executives a... Full Story
Hon Hai Precision Ind. Co., Ltd. announced making over NT$56.7 billion (US$1.82 billion) in consolidated after-tax net income in the final quarter last year, or NT$3.85 per share, up 66.3 percent quarter on quarter and 33 percent year on year (YoY).
The Q4, 2014 net income helped swell the compa... Full Story
The Taiwan government-backed Industrial Technology Research Institute (ITRI) won the Frost & Sullivan Best Practices New Product Innovation Award 2015 for its In-Line Compact Thermal Analyzer (ICTA).
Held annually in Singapore, the Awards program recognizes best-in-class companies in Asia Pacifi... Full Story
B.J. Lee, chairman of the LED chipmaker Epistar Corp., forecasts the 2015 high season for LED backlight market to arrive one month later than expected in April and the market revenue of LED bulbs to increase only 30 percent year on year in 2015 worldwide, despite the shipment volume to surge to 2-2... Full Story
Taiwan's Deputy Economic Minister S.C. Cho announced that Taiwan and China will hold the 10th round of trade-in-goods talk March 31 through April 2 in Beijing, to primarily focus on market opening and tax concessions on four categories of goods.
Also Taiwan’s representatives will use this round ... Full Story
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan’s biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide.
The group’s machine-tool business operates 40 manufacturing site... Full Story
The directors and supervisors of the Taiwan Association of Machinery Industry (TAMI) have agreed to select chairman B.S. Ke of Kwang Dah Enterprise Co., Ltd., concurrently the convener of the association’s board of executive supervisors, as the association’s next chairman.
On March 26, the TAMI,... Full Story
Affected by fewer working days throughout February due to the Lunar New Year break, alongside impacts of recently new lows in crude oil prices on local mining, petroleum and plastic industries, Taiwan witnessed its exports in the month drop by 6.7 percent year-on-year to US$19.86 billion, dragging ... Full Story
High season has returned to Taiwan’s LED industry earlier than expected, with revenue beginning to climb this March across the island’s sapphire-substrate, chip and packaging sectors.
Although fewer workdays in February due to the weeklong Chinese New Year break led to reduced revenue at most of... Full Story
Fewer working days in February due to the timing of the Lunar New Year holiday contributed to a 16.3% fall in taxes collected in Taiwan during the month. The NT$57.1 billion (US$1.81 billion) received was NT$11.2 billion (US$355.56 million) less than the same month last year, the Ministry of Financ... Full Story
Taiwan’s leading machine tool makers landed sizable orders during the Taipei International Machine Tool Show 2015 (TIMTOS 2015), held March 3-8 in Taiwan’s capital city of Taipei, thanks to encouraging recovery in Europe due to its quantitative easing, lowered interest rate in China, and foreseeabl... Full Story
Seemingly immune to seasonal factors, Taiwan’s export orders in January grew 8 percent year on year (YoY) to US$39.04 billion, the highest January record in history, according to the latest statistics compiled by Ministry of Economic Affairs (MOEA).
Additional good news for Taiwan’s export-drive... Full Story
Mainly driven by robust service sectors in Taiwan likely due to rising tourist arrivals from China, Japan, S. Korea, manpower demand of Taiwanese enterprises in Q2, 2015 is estimated to increase 45,063 people relative to that in Q1, the strongest increase for the quarter in history, as shown by the... Full Story
Nanya Plastics Crop., reportedly the most profitable member of the Formosa Plastics Group (FPG) last year, has recently started a three-year, NT$33 billion (US$1.06 billion) investment project targeting its businesses in Taiwan, China, Vietnam and the United States.
Its operations in China will ... Full Story
TIMTOS 2015 in Taipei to Set New High in Turnout
The Taipei International Machine Tool Show (TIMTOS) 2015, staged March 3-8, is projected to draw over 1,000 exhibitors from 17 nations to occupy 5,400 booths this year, setting new high and unseating the Japan Machine Tool Fair as the No.2 machin... Full Story