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.
Thanks mainly to improved operational efficiency and low material costs, the Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker, posted better-than-expected performance in October.
The CSC’s latest financial report shows that consolidated revenue declined 1% month-on-month (Mo... Full Story
While expanding output of wearable electronics in China to meet customers' demand, Taiwan-headquartered Quanta Computer Inc., world’s largest ODM (original design manufacturer) of laptops by shipment, optimistically expects shipments of such products to grow triple-digits in 2015.
The optimism s... Full Story
With banner performance so far this year, Simplo Technology Co., Ltd., Taiwan-based globally leading supplier of batteries mainly for consumer electronics, has reportedly been contracted by Microsoft Corp. to supply batteries for Surface tablets to help drive sales in 2015, according to industry so... Full Story
Profiting from eco-awareness that steadily drives popularity of cycling globally, Taiwan-based Giant Manufacturing Co., Ltd., the island’s largest bicycle maker and vendor by global market share, saw cumulative EPS (earnings per share) for the first nine months of this year hit a record high of NT$... Full Story
Taiwan’s leading contract manufacturers of footwear, Pou Chen Corporation, Feng Tay Enterprises Co., Ltd. and Fulgent Sun Group, all enjoyed revenue growths in October, and generally see positive outlook for Q4, 2014.
Now the world’s largest contract maker of footwear by shipment, Pou Chen repor... Full Story
Fair Friend Group recently set up with its local agent in India a 50-50 joint venture, Feeler Cosmos, to make machining centers for the Indian machine-tool market, which is projected to bring in NT$5 billion (US$166.6 million) in revenue by 2020, according to group chairman Jimmy Chu.
Having se... Full Story
Taiwan Semiconductor Manufacturing Co. (TSMC) announced its 16-nanometer FinFET Plus process in trial production with networking & communications chips and mobile phone processors, paving the way to win Apple’s contract for A9 processors.
TSMC plans to volume produce with the advanced process ... Full Story
According to market consultant IC Insights, foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC) and fabless chipmaker MediaTek Inc. will outdo the other globally top-20 semiconductor companies in 2014 revenue growth.
IC Insights estimates TSMC, pure silicon foundry, to see 2014 revenue r... Full Story
Taiwan Semiconductor Manufacturing Co. (TSMC), United Microelectronics Corp. (UMC) and Vanguard International Semiconductor Corp. (VIS)—major pure silicon foundries in Taiwan—saw revenues hit fresh all-time highs in October.
TSMC had revenue of NT$80.73 billion (US$2.69 billion) in that month, ... Full Story
Gaining steam from strong sales of Apple Inc.’s new products as iPhone 6, iPad Air 2 and iPad mini 3, Hon Hai Precision Industry Co., Ltd., a major contract manufacturer for Apple of the U.S., scored revenue of NT$468.9 billion (US$15.63 billion) in October, up 12.9% month-on-month (MoM), or 22.58... Full Story
Earnings for October this year slipped from the previous month and year on year at Taiwan’s top- three telecoms because of increased promotional spending on iPhone 6 smartphones they are contracted to sell, despite higher revenue in that month.
Chungwa Telecom Co., Ltd. made NT$0.38 per share ... Full Story
American telecom, AT&T Inc., issued US$1.295 billion in international bonds on Nov. 10 in Taiwan, causing buzz across the market for being the single highest capital raising on record.
According to chairman of GreTai Securities Market, Soushan Wu, the bond issuance shows Taiwan's emerging globa... Full Story
Landing better-than-expected orders at the Taiwan International Machine Tool Show 2014, held Nov. 5-9 in Taichung, central Taiwan, Taiwan’s leading machine-tool builders are upbeat about business in Q1, 2015.
Chairman D.H. Yang of the Goodway Group said its Goodway Machine Corp. and Awea Mecha... Full Story
MediaTek Inc. and the government-backed Industrial Technology Research Institute (ITRI) of Taiwan are among the 2014 Top-100 Global Innovators chosen by the multinational media and information company, Thomson Reuters Corp.
It is the second consecutive year for Taiwan-based organizations to be h... Full Story
The Fair Friend Group (FFG) will launch initial public offering (IPO) in Taiwan in 2017, to be Taiwan’s largest listed machine-tool manufacturing conglomerate by market revenue.
With KGI Securities as the IPO underwriter, FFG will set up a holding company by the end of 2014 to operate all subsi... Full Story
Hiwin Technologies Corp. outperformed all its Taiwanese peers in machine-tool industry earnings for the first three quarters by making NT$6.21 per share, with Q3 earnings of NT$2.91, based upon which industry executives estimate its 2014 earnings at NT$9 per share.
The company, a major maker of ... Full Story
According to the Intellectual Property Office (IPO) of Taiwan's Ministry of Economic Affairs (MOEA), foreign firms applied in Q3 6,827 invention patents, increasing 1.35% from the same quarter last year.
The top-five foreign applicants are LG Chem, Toshiba, Fujifilm, Applied Materials, and Nitt... Full Story
Taiwanese machine-tool makers Fair Friend Enterprise Group, Goodway Machine Corp., and Hiwin Technologies Corp. have decided to acquire Japanese machine-tool makers in a move widely seen as an attempt to convert the threat of the weak yen into an opportunity.
The yen's value plummeted to a six-y... Full Story
Multinationals including International Business Machines Corp. (IBM), Microsoft Corp., Red Hat Inc., and Hewlett Packard Co. (HP) are hunting cloud-technology specialists in Taiwan for plans to quickly build presence in the cloud-computing market, which is projected at US$200 billion over the next ... Full Story
Taiwan’s machine-tool makers show guarded optimism about their 2015 outlook, with over NT$10 billion (US$333.3 million) of combined orders booked and yet jittery about several potentially risky factors.
According to the Taiwan Association of Machinery Industry (TAMI), the U.S. government’s annou... Full Story
Market consultant LEDinside forecasts in a survey that the global LED-lighting industry will undergo cut-throat competition earlier than expected in 2015 primarily due to excessive new entrants in Asia.
Intense competition makes the consultant believe the global LED-packaging industry would gene... Full Story
Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of China's machine-tool market. Construction on the facilities, whi... Full Story
Industry executives predict that Taiwan's machine-tool maker Goodway Machine Corp. will earn NT$5.5 per share this year on consolidated revenues of NT$7.5 billion (US$250.0 million at NT$30:US$1) and NT$8 billion (US$266.6 million), thanks to the recovery of the automobile, aircraft, and energy ind... Full Story
Lextar Electronics Corp. rolled out a unique LED panel light with a seamless aluminum frame at the Autumn edition of the Hong Kong International Lighting Fair 2014, which was held on Oct. 27-30.
Unlike most LED panel lights available on the market, the Lextar light is equipped with a one-piece a... Full Story
Hiwin Technologies Corp. Chairman and Chief Executive Officer (CEO) Eric Chuo said his company, recognized as the world’s No.2 manufacturer of ball screw bearings and linear guideways, will again expand in 2015 to pursue the global lead by 2017.
The expansions cover the firm's new businesses of... Full Story
Eleven machine-tool makers in Taiwan have formed an alliance, spearheaded by the Ministry of Economic Affairs (MOEA) and coordinated by Goodway Machine Corp., to develop machines to process aircraft precision parts, which is likely to help enhance added-value for the island’s machine-tool industry.... Full Story
According to foreign wire services, Hiwin Technologies Corp., Taiwan’s No.1 and the world’s No.2 manufacturer of ball screws and linear guideways for precision machines, plans to acquire distributors and set up manufacturing in Japan as part of its plan to take over the global lead from THK of Japa... Full Story
Sensor hubs made by the Taiwan-based ITE Technologies Inc., a fabless IC design house and world-class developer of embedded controller technologies, have reportedly won Google’s Android Wear certification and are expected to start being delivered before the end of this year.
The sensor hubs, whi... Full Story
Metal Industries Research & Development Center (MIRDC), a Taiwanese government-funded R&D institute, signed a memorandum of understanding (MOU) with Tatung Co., a Taiwan-based supplier of household appliances, for cooperation on development of key technologies for renewable energy.
The MOU was s... Full Story
Taiwan-based E United Group, a conglomerate of steel, healthcare and educational and recreational businesses, confirmed in mid-September the end of its 2-year partnership with Japan’s JEF Steel Corp. to set up a steel mill in Vietnam.
JEF announced the termination for unknown reasons, as well as... Full Story