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.
China Steel Corp. (CSC), recognized as Taiwan’s largest steelmaker by size, started up on January 12 its new factory of electromagnetic steel sheets owned by its affiliate, China Steel Corporation India Pvt. Ltd., in India’s western state of Gujarat, being ready to explore considerable business opp... Full Story
Living up to Taiwan’s reputation of “Kingdom of Hand Tools,” local suppliers of auto repair tools are earning plaudits for their long-term dedication to R&D and branding upgrades.
Unwilling to compromise in the face of rivalry from emerging countries and realizing the danger of market erosion ca... 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
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
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
By STEVE CHUANG
With a half-century of development, fastener production has become one of the most globally competitive industries in southern Taiwan. This achievement is attributable to insiders' efforts on moving forwards high value-added fasteners for higher-end applications, including cars, ... Full Story
By STEVE CHUANG
Ratchet wrenches continue to be pivotal in all kinds of garages, workshops and factories for ease of use due to the inherent nature of the ratcheting mechanism. Chang Loon Industrial Co., Ltd., one of Taiwan’s foremost suppliers of ratchet wrenches as well as the biggest manufa... Full Story
Taiwan’s hand tool industry posted an uptrend in Q3, 2014, when output totaled NT$18.17 billion (US$605.56 million), up 4.7% year-on-year (YoY) or 3.6% quarter-on-quarter (QoQ), according to the latest statistics compiled by Metal Industries Research & Development Centre (MIRDC), a semi-official in... Full Story
Backed by the Ministry of Economic Affairs, Metal Industries Research & Development Centre (MIRDC), a Taiwanese government-funded R&D institute, formally started the “Taiwan Plumbing Research & Testing Laboratory (TPL)” in the Taichung Industrial Park to help Taiwanese suppliers of plumbing fitting... Full Story
In light of challenging global market for steels, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, is stepping up investment in India to explore business opportunities in the world’s second most populous country and secure sustainable development.
Obstacles stand in... Full Story
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
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
Through buying stake in Fukuta Elec. & Mach. Co., Ltd., a Taiwan-based motor manufacturer and exclusive supplier to Tesla Motors, a California-headquartered electric vehicle maker, Taiwan’s China Steel Corp. (CSC), the island’s largest steelmaker by size, looks to strengthen ties with the American ... Full Story
Taiwan-based China Steel Corp. (CSC), the biggest steelmaker on the island by size, scored pretax profits of NT$2.966 billion (US$98.86 million) for September, up 3% month-on-month (MoM) and 32.64% year-on-year as a three-year high, according to its latest financial report.
In addition to strong... Full Story
Following months of investigation in an antidumping lawsuit filed by Taiwan's steelmakers with the United States International Trade Commission against foreign suppliers of non-oriented electrical steels (NOES), the United State Department of Commerce ruled on October 8 that Taiwan’s China Steel Co... Full Story
To assure sustainable development as market demand cools down, Taiwan’s top three contract suppliers of golf clubs--the Advanced International Multitech Co., O-Ta Precision Industry Co., and Dynamic Precision Industry Corp.--are moving in different directions in search of diversification. Their eff... Full Story
China Steel Corp. (CSC), the biggest steelmaker in Taiwan by size, scored pretax profits of NT$2.871 billion (US$95.7 million) in August, up 5% month-on-month for a single-month high of this year, according to the firm’s latest financial report.
The report shows CSC’s cumulative pretax profits f... Full Story
With international prices of coking coal and iron ore, as well as Japanese, Chinese and Korean steelmakers’ prices of hot and cold-rolled steels gradually stabilizing to indicate increasingly brightening market prospects, Taiwanese steel suppliers are expected to enjoy rosy performance in Q4, the ... Full Story
Always focusing on improvements of product quality and safety, Taiwan-based YOKE Industrial Corp., a supplier of products for high-altitude workers under its own brand “YOKE”, has commanded about 65% share of the global market for such industrial equipment as the biggest branded vendor.
YOKE sta... Full Story
A government-backed R&D institute of metalworking technology in Taiwan, Metal Industries Research & Development Centre (MIRDC) showcased micro metal parts, dies and molds developed with its “microprecision manufacturing technology” at the Taipei International Mold & Die Industry Fair 2014, held Au... Full Story
Ansteel Group, China’s fifth-largest steel and iron supplier by size, will reportedly acquire a 60% stake in Lianzhong Guangzhou Stainless Steel Corp., a stainless steel maker fully owned by Taiwan-based E United Group, a conglomerate of steel, realty and medical businesses, for at least NT$15 bill... Full Story
As part of its long-term effort to build international partnerships in metal-related fields to help boost Taiwan’s presence, Metal Industries Research & Development Center (MIRDC), a Taiwanese government-funded R&D institute, signed a memorandum of understanding (MOU) with the U.S.-based Performanc... Full Story
With 3C products becoming thinner and lighter to trigger sizeable demand for miniature parts and components, micro fasteners therefore show increasingly promising business potential. To help Taiwanese fastener manufacturers tap such opportunities, Metal Industries Research & Development Centre (MI... Full Story
To take advantage of the vast business potential of the Thai market following implementation of the government's THB2.4 trillion 7-year infrastructure development plan there, the Taiwan-based Tycoons Group International Co., a major maker of fasteners, has just started up its the electric arc furna... Full Story
With its invested steel company, Formosa Ha Tinh Steel Corporation, to start up its first blast furnace in Vietnam at the end of 2015, Taiwan-based Formosa Plastics Group, a conglomerate of plastics, steels and petrochemicals, plans to invite Japan’s JFE Steel Corporation to take 10% stake in the s... Full Story
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