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.
Mainly driven by the upcoming Christmas sales peak in America and Europe, Taiwan’s industrial production index (IPI) hit an all-time high of 112.56 in October, up 8.97% year-on-year (YoY) to be on uptrend for nine months, according to the latest statistics issued by Ministry of Economic Affairs (MO... 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
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
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
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
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
With Taiwan’s economy gradually gaining steam from thriving domestic manufacturing, Industrial Economics & Knowledge Center (IEK), an industry research department under the government-funded Industrial Technology Research Institute, has raised its growth forecast of manufacturing industries’ overal... Full Story
To drive its export-driven economy, Taiwan has been developing free economic zones as part of efforts to attract foreign direct investments (FIDs), with initial results being the New York-based Victoria Cruises Inc. having decided to invest in the newly approved free economic pilot zone of Changhua... Full Story
At the 2014 Investment Solicitation Convention organized by Taiwan's Ministry of Transportation and Communications recently, the Taiwan International Port Corp. (TIPC), a government-linked operator of commercial ports, signed investment agreements with 10 domestic and foreign firms, to bring in inv... Full Story
The investment project by Taiwan’s Formosa Plastics Corp., the flagship company of Formosa Plastics Group, and Japan’s Idemitsu Kosan Co., Ltd., a major petroleum refining and chemical company, to set up a joint venture for hydrogenated petroleum resin in Taiwan has just passed the environment impa... Full Story
According to informed sources, International Business Machines Corp. (IBM) and HDR Group of the USA have decided to set up shop at Taoyuan Aerotroplis, a proposed urban development at the Taoyuan International Airport in northern Taiwan, to tap smart-traffic and healthcare segments.
The news br... Full Story
With smart city applications increasingly causing a buzz in the global ICT (information and communication technology) industry, the Taiwanese government has approved a broadband service and industrial development project designed to boost output value of the island’s 4G sector to NT$1.5 trillion (U... Full Story
The Taiwan-based Tex-Ray Industrial Co., a contract clothing manufacturer, is building a second factory at its manufacturing base in Vietnam as part of its strategy to expand its operations into functional apparel for outdoor activities.
The new factory was scheduled to begin operating in August... Full Story
With the US Fed Reserve delaying QE for some time to allay jitters in global markets, the new Indian prime minister promising to reform labor structure to boost its own economy, coupled with sub-US$85 per barrel oil prices and China pumping new liquidity into its economy, global economic prospects ... Full Story
Due partly to summer travel boom and partly to increased flights, China Airlines Ltd. and EVA Airways Corp. (EVA Air), Taiwan’s two major airlines, both posted rosy sales in August.
China Airlines, with the island’s largest fleet, finished August with revenue of NT$13.704 billion (US$456.8 milli... Full Story
Taiwan's Minster-without-Portfolio B.H. Chiang and the Ministry of Economic Affairs (MOEA) have separately announced new food-management measures to salvage the image of Taiwan’s food industry, which has been tarnished by various oil suppliers in Taiwan and HK importing fodder-grade oils of mixture... Full Story
Taiwan's Minister-without- Portfolio Yu-ling Tsai says she will lead an ad hoc unit to build Taiwan into a hub of creativity and capital-raising for e-commerce industry in the Asia-Pacific as well as for international Internet companies by creating a favorable environment for the industry.
Tsai ... Full Story
Taiwan-based Makalot Industrial Co., Ltd., a sizable contract manufacturer of apparel for global brand vendors, scored revenue of NT$2.035 billion (US$67.83 million) in August, sharply up 23% month-on-month (MOM), or 30% year-on-year (YoY), to hit a 10-month high, mostly driven by customer restocki... Full Story
According to Intellectual Property Office (IPO) of the Ministry of Economic Affairs (MOEA), the volume of patent applications submitted by Taiwanese companies declined by 8.14% in the second quarter--the fifth quarterly drop in a row.
The Hon Hai Group, the world’s largest contract manufacturer ... Full Story
After generally experiencing sluggish demand for container shipping services in the first half (H1) this year, Taiwanese shippers will likely see improving sales starting in September.
One positive sign of improving market is that the Transpacific Stabilization Agreement group composed of 15 glo... Full Story
With a plant construction in Vietnam and capacity expansion in India both underway, Feng Tay Enterprises Co., Ltd., a Taiwanese contract manufacturer of athletic shoes and footwear, will see its 2014 capital expenditure likely reach NT$1.5 billion (US$50 million), with about NT$800 million (US$28.8... Full Story
Social networks and mobile broadband are becoming increasingly popular among the Taiwanese people, and 87.6% of the island's Internet users access social networking websites through their mobile devices, according to the latest survey results issued by the Market Intelligence & Consulting Institute... Full Story
According to Taiwan's Department of Statistics of the Ministry of Economic Affairs (MOEA), in Q2, 2014 Taiwan’s listed manufacturers' R&D investment totaled NT$131.6 billion (US$4.38 billion), up 7.9% year on year, contrasting fixed asset investment dropping 8% to NT$276.6 billion (US$9.2 billion).... Full Story
To better tap the lucrative growth potential of the Myanmar, the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) intends to spend NT$14 billion (about US$466.67 million) to develop an industrial park in the country's southern Ayeyarwady division.
According to industry insider... Full Story
With advertisements placed by construction, cosmetics and financial sectors all declining, Taiwan’s total advertising spending in the first half (H1), 2014 dropped 1.3% year-on-year (YoY) to NT$22 billion (US$703.3 million), according the latest statistics compiled by the global media researcher, N... Full Story
Tigerair Taiwan, low-cost carrier (LCC) established by Taiwan’s China Airlines Ltd. and Singapore’s Tiger Airways, announced its maiden flight to take off from Taiwan to Singapore in late September, earlier than scheduled, to be the island’s first LCC.
The LCC has just entered the fourth certifi... Full Story
Taiwan’s average household savings totaled NT$194,000 (US$6,466.7) in 2013, with household savings rate declining by 0.59 of a percentage point from a year earlier to 20.62%, according to the Directorate General of Budget, Accounting & Statistics (DGBAS).
The island’s average household savings p... Full Story
After the upcoming China-Korea free trade agreement (FTA) comes into effect, Taiwan will likely see its overall output value decline by up to NT$650 billion (US$21.89 billion) within the next three to five years, according to the Industrial Economics & Knowledge Center (IEK), a market research unit... Full Story
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
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