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.
Mostly driven by improving economic climate in the U.S., Taiwanese fastener makers generally experienced a rosy July, when the industry’s exports to the U.S. hit a post-financial-tsunami single-month high of some 56,000 tonnes, up 6.37% month-on-month, or 8.73% year-on-year, to command nearly 40% o... Full Story
The board of China Steel Corp. (CSC), the largest steelmaker in Taiwan by size, recently approved several new investments, mostly to boost the firm’s presence in the ASEAN (Association of Southeast Asia Nations) bloc.
Among these new projects, the acquisition of a 5% stake in the China Steel Sum... Full Story
Mainly driven by price drops in raw materials and profitable reinvestments, China Steel Corp. (CSC), the largest steelmaker in Taiwan by size, posted pretax profits of NT$2.723 billion (US$90.76 million), or NT$0.17 per share, in July, up 17% month-on-month (MoM) or 49.53% year-on-year (YoY) to hit... 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
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
The International Trade Administration (ITA) of the U.S. Department of Commerce announced on July 11 its final decision to impose antidumping duties on Taiwan’s steel pipe exporters along with counterparts from the other seven OCTG (oil country tubular goods) making countries, including S. Korea, I... Full Story
By STEVE CHUANG
Reducing the physical burden imposed on firefighters by their equipment so as to enhance their efficiency, mobility, and safety during firefighting operations has long been a challenge for fire departments everywhere. Now Taiwan's Industrial Technology Research Institute (ITRI), ... Full Story
By KEN LIU
Beginning on July 1 this year, nine types of institution—colleges, libraries, medical organizations, social welfare institutes, government offices, railway stations, civilian airports, mass rapid transit stations, and shopping centers—became subject to the provisions of Taiwan's Indoo... Full Story
With consumers in North America and Europe spending increasing amounts of time in their gardens, the outlook for the garden tool and equipment market is bright.
The shopping lists of gardeners, as well as for wholesalers and retailers wanting to take advantage of the business opportunities inher... Full Story
Optimistic about the growth potential of China’s domestic market for steels, Formosa Plastics Group will invest US$500 million into expanding a steel complex in Fujian, southeastern China, which is owned by the group’s affiliate Fujian Fuxin Special Steel Co., Ltd., says the company’s chairman, C.T... Full Story
Mainly dampened by steadily declining steel exports to China, which remain subject to 3-8% duties, the output value of Taiwan’s steel industry totaled only NT$405.1 billion (US$13.5 billion) for the first four months of this year, down 5.6% year-on-year (YoY), according to the statistics by the Mi... Full Story
Taiwan-based Yieh Phui Enterprise Co., Ltd., a listed coated steel producer affiliated with E United Group, a leading steel conglomerate on the island, will start up its new factory of steel sheets for automobiles in Changshu, Jiangsu Province, central China, at the end of this year to explore the ... Full Story
Rexon Industrial Co., Ltd., a Taiwanese contract manufacturer of bench power tools and fitness equipment, will start up its new manufacturing base in China’s Zhejiang at the end of this year, according to its president, Casey Wang.
Wang says that the said plant, including a brand new headquarter... Full Story
Following 28 years of development, Taiwan-based Okuma Fishing Tackle Co., Ltd. has emerged as the world’s No.3 vendor of branded fishing tackle after Japan’s Shimano and Daiwa, mostly thanks to its dedication to OBM (original brand manufacturing) operation.
Established in 1986, Okuma started out... Full Story
To promote Taiwan’s high-quality medical and surgical instruments to orthopedic surgeons worldwide, Taiwan's Metal Industries Research & Development Centre (MIRDC), a government-funded R&D institute, organized an exhibitor group to attend the EFORT Congress 2014 (the 15th European Federation of Nat... Full Story
By STEVE CHUANG
The year 2013 was a year of mixed performance by Taiwanese OA furniture parts manufacturers, given that gloomy economies weakened global enterprises’ willingness to invest in fixed assets and dampened the sector to some extent. But with economies in the U.S., Japan and Europe sho... Full Story
Mainly benefiting from sizable inventory clearance by its biggest customer, TaylorMade, a major brand of golf clubs, Dynamic Precision Industry Corp., a Taiwanese contract manufacturer of golf clubs and heads, expects EPS (earnings per share) to keep trending upward to a new high in the second qua... Full Story
With international prices of iron ore recently sinking to below US$100 per tonne and hitting a two-year low, China Steel Corp. (CSC), Taiwan’s largest steelmaker by size, will likely be forced to cut its nominal prices of steels, such as hot and cold-rolled steels, in the third quarter of this year... Full Story
Mainly affected by seasonal factors, Taiwanese hand tool industry’s output value dropped 8.2% quarter-on-quarter (QoQ) to NT$15.66 billion (US$522 million) in the first quarter of this year, a slight downturn of 0.4%from a year ago, according to the latest report by Arthur Hsu, industry analyst of... Full Story
To help Taiwanese machine tool suppliers better compete against rivals from Europe and Japan, the Metal Industries Research & Development Centre (MIRDC), a government-funded R&D institute, has just finished constructing a grey cast iron FC250 properties database for insiders to improve turret dimen... Full Story
With the recent mob protests due to territorial disputes between Vietnam and China severely damaging foreign-owned factories in the former, Formosa Plastics Group of Taiwan confirmed that its steel mill in Ha Tinh Province will be forced to postpone start-up of the first furnace.
Owned by Vietna... Full Story
Mainly driven by seasonal boom, Taiwan Hon Chuan Enterprise Co., Ltd., a major manufacturer of beverage packaging materials in Taiwan, is expected to double profits in the second quarter of 2014 from the first quarter.
Taiwan Hon Chuan finished the first quarter with consolidated revenue of NT$... Full Story
With efforts on restructuring orders and downsizing gradually paying off, Dynamic Precision Industry Corporation, a sizable Taiwanese contract manufacturer of golf club heads, expects better sales this year than last year, according to the president, C.C. Tsai.
After several quarters of losses, ... Full Story
Benefiting from the gradually stabilized international market for steel, Taiwan-based China Steel Corp. (CSC), the island’s larges steelmaker by size, reported cumulative pretax profits of NT$7.167 billion (US$238.9 million), or NT$0.47 per share, for the first four months of this year.
The firm... Full Story
With the inaugural Taiwan International Boat Show (TIBS), held May 8-11 in Kaohsiung City, southern Taiwan, to further boost the local yacht industry’s global profile, the island may also accelerate transformation from a yacht production base into an exhibition and recreation hub in Asia.
Organi... Full Story
With some local surface treatment factories officially ordered to shut down due to the violation of environmental protection laws in Taiwan’s southern metropolis of Kaohsiung, where more than 80% of Taiwan's fasteners are made, domestic fastener manufacturers are doing everything they can to repair... Full Story
Taiwan’s Ministry of Finance (MOF) announced earlier that its definitive antidumping duties on imports of stainless steel from China and South Korea will be levied for five years retroactively from August 15, 2013, when the imposition of provisional duties in the same case began.
According to th... Full Story
To accelerate Taiwan’s development of medical instruments, the Metal Industries Research & Development Centre (MIRDC), a government-funded R&D institute, has signed a memorandum of understanding (MOU) with Chirana Group, a Slovakian supplier of medical instruments.
The MOU was already signed in ... Full Story
With the global steel market gradually on the mend, Taiwan-based China Steel Corp. (CSC), the largest steelmaker on the island by size, scored pretax profits of NT$23.207 billion, or about NT$1.5 per share, for 2013 to meet market expectations, according to the firm’s latest financial statement.
... Full Story
Taiwan’s Metal Industry Continues to Meet Market Trends
With markets demanding eco-friendly, energy-saving, lightweight metal products, Taiwan’s metal industry has been increasingly working on value-added, non-ferrous metals and alloys as aluminum, magnesium and titanium to go upmarket and boost... Full Story