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.
Throughout 2014, both Taiwan’s machinery industry and machine-tool industry delivered fewer machines than originally ordered due chiefly to the higher NT-dollar-to-greenback ratio than that between the U.S.-dollar and the Japanese yen and South Korean won.
J.C. Wang, president of the Taiwan Asso... Full Story
Despite a yacht industry with development for over four decades, Taiwan, reputed as “Kingdom of Yachts,” is still a mostly unsung hero in the sector, with products never spotlighted in high-end consumer magazines as "How to Spend It."
Horizon, a shipyard in southern Taiwan, however takes an env... Full Story
Taiwan's Ministry of Economic Affairs (MOEA) estimates Taiwan’s photovoltaic industry generated revenue of NT$150 billion (US$4.68 billion) as of the end of 2014, up from 2013’s NT$135.6 billion (US$4.23 billion), due chiefly to accelerating demand from China and Japan driven by sustained governmen... Full Story
After scoring encouraging results in Q4, 2014, HTC Corp., a Taiwan-based maker of smartphones, finished the whole year with EPS (earnings per share) of NT$1.81 (US$0.057) to go from red to black, according to its latest financial statement published on January 6.
In Q4, the firm posted NT$47.87... Full Story
Hiwin Technologies Corp., a major Taiwan-based manufacturer of linear guide ways and ball screws, reported revenue of NT$15.08 billion (US$471.25 million) throughout 2014, rising 21.3% from 2013’s NT$12.44 billion (US$388.81 million) to trail modestly NT$15.81 billion (US$494.34 million) it posted ... Full Story
pistar Corp., a major manufacturer and solutions provider for LED epitaxial wafers and dies based in Taiwan, announced the acquisition of the shares held by Taiwan Semiconductor Manufacturing Co. (TSMC) and its subsidiary, TSMC Guang Neng Investment Ltd., in LED maker TSMC SSL for NT$825 million (U... Full Story
By STEVE CHUANG
While uncertain what effects lower crude oil prices will have on macro-economics globally, except that consumers in the U.S. and non-oil-producing nations will have more disposable cash, a report by Bloomberg BusinessWeek notes that housing starts across the U.S. in 2015 are proj... Full Story
Driven by enduring demand for leisure and sports footwear globally, Pou Chen Corporation, Feng Tay Enterprises Co., Ltd. and Fulgent Sun Group, Taiwan’s top-three contract manufacturers of footwear for global brands, all saw consolidated revenue for 2014 hit record highs, and are likely to see brig... Full Story
Taiwan’s consumer price indices (CPI) of 370 commodities inched up only 0.61% in December from the same month of 2013, the lowest growth rate in 10 months, mostly due to plummeting fuel prices, according to the Directorate-General of Budget, Accounting, and Statistics (DGBAS) of the executive minis... Full Story
After suffering a revenue drop in 2014, Cheng Hsin Rubber Ind. Co., Ltd., Taiwan-based tire maker of the Maxxis brand, is expected to stage a strong rebound this year.
The firm’s latest financial report shows revenue for December 2014 of NT$9.792 billion (US$308.89 million), down 9.78% year-on-y... Full Story
Despite a low season for the global shipping industry, Taiwan-based Evergreen Marine Corp., a globally known shipper, scored a 27-month high of NT$12.819 billion (US$427.3 million) in revenue for December 2014, up 11% month-on-month or 12.83% year-on-year, according to the firm’s latest financial s... Full Story
Taiwan-based Aerospace Industrial Development Corp. (AIDC), the island’s only manufacturer of military and commercial airplanes, trainers and aircraft engines, saw revenue skyrocket to NT$3.859 billion (US$121.73 million) in December, 2014, surging 85.8% from a month ago to rise 1.49-fold over a ye... Full Story
Chairman Jimmy Chu of the Fair Friend Ent. Group (FFG) announced that his company will enter into alliance with Aerospace Industrial Development Corp. (AIDC) to develop and manufacture composite materials for aircrafts.
FFG, Taiwan’s biggest machine-tool maker, will provide equipment to the mate... Full Story
Shenzhen Sonlite Lighting Co., Ltd. manufactures a wide-range of halogen lamps and LED lamps, mostly approved by UL, CSA, CE and TUV for declaration of conformity, and over 85% of which exported to Europe, North America and Australia.
The P1W5 A19 LED bulb has a long service life of 30,000 hours... Full Story
To capture considerable business opportunities from the wearable electronic boom, AU Optronics Corp. (AUO) and Innolux Corp., Taiwan’s biggest two suppliers of such displays by shipments, are both eying the higher-margin applications to secure strong growth momentum.
DisplaySearch, a global disp... Full Story
EVA Airways Corp., Taiwan's second-biggest airline plans to upgrade and expand its aircraft fleet in expectation that performance in 2015 will improve on 2014, when a string of air crashes cast a shadow to the global aviation industry. The brighter outlook is underpinned by improved operational eff... Full Story
Largan Precision Co., Ltd., a world leading manufacturer of optical lenses for mobile computing devices, posted revenue of NT$5.75 billion (US$185.48 million at US$1:NT$31) in December, up 2% from the previous month and up 80% from the same month of 2013.
The December result helped swell the com... Full Story
Goodway Machine Corp. and Tongtai Machine & Tool Co., Ltd. are expected to join the NT$10 billion (US$322.58 million at US$1:NT$31) revenue club of Taiwan's machine-tool sector in Taiwan with consolidated revenue in 2015.
Only a handful of machine-tool makers on the island have crossed the NT$10... Full Story
China Steel Corp. (CSC) recently launched the Taiwan Fastener Service Cloud, a cloud-based business matchmaking system aimed at connecting Taiwanese fastener suppliers with professional buyers throughout the world. The system is expected to help insiders fend off emerging competitors in the future.... Full Story
China Steel Sumikin Vietnam Joint Stock Company (CSVC) plans to partner with Korea's Samsung in manufacturing white goods in Vietnam under a memorandum signed recently between the two sides. The MOU paves the way for China Steel Corp. (CSC), the top shareholder of CSVC, to tap the Korean branded ve... Full Story
Taiwan Semiconductor Manufacturing Co.'s (TSMC's) expansion plan at the Central Taiwan Science Park (CTSP) failed to pass environmental assessments at a meeting recently held by the Environmental Protection Administration (EPA), Executive Yuan due to fierce opposition from local environmentalists.
... Full Story
The Taiwan government plans to work with the European Union (EU) on the development of high-frequency, small cell-tower, and front-haul transmission, software-defined networking (SDN) technologies for fifth-generation (5G) mobile connectivity.
The government-backed Industrial Technology Research... Full Story
Epistar Corp., the world's top LED chipmaker by production capacity, reported will wholly acquire TSMC Solid State Lighting Ltd. (TSMC SSL), founded by silicon foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC), in an all-paper deal.
Both companies have declined to confirm the reports.
... Full Story
Taiwan Shin Kong Security Co., Ltd. (SKS), Taiwan's second-biggest private security company, will begin to export entertainment robots sometime in 2015. The company aims to ship about 100 units over the year and generate revenue up to NT$100 million (US$3.22 million at US$1:NT$31).
SKS' robot op... Full Story
Foxconn Technology Group reportedly plans to work with Telefonaktiebolaget L. M. Ericsson to develop fifth-generation (5G) mobile connection technologies as part of its plan to invest NT$4 billion (US$129.03 million at US$1:NT$31) to build its global 5G R&D teams.
Informed sources say that detai... Full Story
Taiwan’s epitaxy-wafer, packaging, and integrated-manufacturing LED companies are projecting a growth of at least 20% in 2015.
The increasing adoption of flip-type LED chips by LED TV makers such as Samsung will bring lucrative business opportunities to Taiwan’s high-end chipmakers, particularly... Full Story
By STEVE CHUANG
Digitization of hand tools has been an inevitable trend in the evolution of such products as computerization or information tech seems to take over greater control of everything from home appliances to cars. Taiwan hand tool makers, backed by the island's mature information tech ... Full Story
Taiwan’s Ministry of Economic Affairs (MOEA) has announced the results of a survey by the Interbrand Corp., a U.K.-based brand consultant, ranking the island’s top 20 international brands for 2014 by brand value. Asus, the world's top-5 PC brand, retained last year's position as No. 1.
Asus is f... Full Story
Taiwan’s business sectors, described by the government as wholesale, retail and food services, generated revenue of around NT$1.2 trillion (US$40 billion) in November, according to the latest statistics compiled by Ministry of Economic Affairs (MOEA).
The figure edged up only 0.7% compared to NT... Full Story
The National Development Council (NDC) of the Executive Yuan, Taiwan’s Cabinet, has announced several key economic development targets for 2015. Among the targets, gross domestic product (GDP) growth has been set at 3.1-3.7%, the unemployment rate at 3.8-3.9%, and growth in the consumer price index... Full Story