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), 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
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