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.
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
By JENNY WU
Sensors are playing an ever-more-important role in automotive technology along with the rapid advancement of auto electronics systems. Signals emitted by various types of sensors, such as temperature, pressure, location, speed, and vibration, enable vehicle computers to precisely con... Full Story
Hiwin Technologies Corp. and Advantech Co., Ltd. have signed an agreement to foster the formation of Taiwan’s robot-industry cluster in order to boost international competitiveness of Taiwan’s robotic and intelligent-automation industry.
The first step of the agreement is to set up a venture spe... Full Story
International Date Corp. (IDC) and Digitimes Research, both global research firms for ICT (information communication technology) markets, have issued the latest reports on estimated global tablet shipments in Q2 of this year, with the mixed results suggesting the market may have neared saturation a... Full Story
Affected by shipment delays due to customers deferring new product launches, TPK Holding Co., Ltd., a Taiwan-based touch panel maker, is likely to see moderate performance in Q3 of this year, said its chief financial officer, Freddie Liu, at an investor conference held in late July.
With Apple I... Full Story
J.C. Wang, president of the Taiwan Association of Machinery Industry (TAMI), J.C. Wang, said at a meeting held recently by the National Development Council and Taiwan’s Cabinet that he fears the island’s machinery manufacturers may migrate to China or the Association of Southeast Asian Nations (ASE... Full Story
Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman Morris Chang said the company’s consolidated revenue, operating profit, and after-tax net income will continue strengthening into the second half (H2) of the year, judging from the robust demand for silicon foundry service using 20nm and 28nm p... Full Story
With strong market for LED light bulbs and LED backlights for TVs and mobile phones, Taiwan's LED maker Uni-Opto Technology Co., Ltd. projects Q3 revenue to rise at least 30% from a quarter earlier, with July revenue likely to exceed NT$800 million (US$26.6 million).
The company has begun deliv... Full Story
By JENNY WU
The rapidly developing automobile market in China is boosting the demand for automotive fuel pumps, a key part in the engine fuel-supply system. The auto fuel-pump industry started later in China than in the industrially advanced nations, however, and it still lacks some core technol... Full Story
With Taiwan's domestic market for steel structure showing little growth potential, China Steel Structure Co., Ltd., (CSSC), a Taiwanese manufacturer of structural steel and affiliate of a major steelmaker in Taiwan's China Steel Corp., will step up exploring business opportunities in the ASEAN (As... Full Story
With large enterprises continually migrating there, Central Taiwan Science Park (CTSP), one of Taiwan’s top-3 science parks, is likely to challenge annual revenue of NT$500 billion, an all-time high, said Y.C. Wang, director-general of the CTSP Administration, at the park’s 11th anniversary held la... Full Story
Endorsed by Taiwan's Ministry of Economic Affairs (MOEA), the MOEA-backed Industry Technology Research Institute (ITRI) has set up the "OLED Lighting Commercialization Alliance" (OLCA) with Taiwan’s lighting manufacturers and designers, machine manufacturers, OLED-panel makers, and e-material maker... Full Story
With China and Korea stepping up bilateral negotiations to strike a free trade agreement (FTA), Taiwan’s Ministry of Economic Affairs (MOEA) warns that about one-fourth of the island’s export orders from China may be diverted to S. Korea once the FTA becomes effective.
MOEA said that China last ... Full Story
By CARMAN LO
Automotive engine cooling systems have been evolving rapidly along with advancements in engine performance and power, and intensive resources and vigorous efforts are being devoted to R&D work aimed at producing better cooling-medium flow and precision cooling-function integration. ... Full Story
Taiwan’s manufacturing activity has steadily increased in recent months, as the latest report issued by Ministry of Economic Affairs (MOEA) indicates that the industrial production index in June grew 8.63% year-on-year (YoY) to 107.93.
Notable is that the growth hit a 39-month high, partly due t... Full Story
TW Edison Technology Co., Ltd., a Taiwan-based developer of small wind turbines for mainly residential micro-power-generation with paid-in capital of NT$80 million (US$2.66 million), will commercialize the world’s first magnetic levitation electricity-generator in the coming year, according to the ... Full Story
By CARMAN LO
The demand for better steering stability, driving comfort, and vehicular safety is driving the development of improved suspension systems at an accelerating pace in the direction of intelligent, safe, and environmentally-friendly products, according to industry experts.
There are... Full Story
With renminbi (RMB) settlement services increasingly available worldwide to facilitate global trade with China, Taiwan exceeds Asian nations in optimism about the growth potential in trade and transactions with the country, confirms the latest survey by Hong Kong-based HSBC Holdings regarding the ... Full Story
With cross-strait trade agreements stalled to exacerbate foreign investors’ anxiety of Taiwan’s slow regional economic integration, the island’s foreign direct investments (FDIs) and Chinese investments both declined significantly in H1, 2014.
The latest statistics published by the Investment Co... Full Story
Taiwanese enterprises in Vietnam are generally upbeat with the setting up of a branch of the Metal Industry Research & Development Centre (MIRDC), a Taiwanese government-funded R&D institute, who has signed a memorandum-of-understanding with Canxin Group, a consultant and provider of investment ser... Full Story