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Industry Reports
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.

MOEA to Solicit Foreign Investments in Taiwan's 4 Promising Industries

In line with governmental policy on industrial upgrading and transformation, Taiwan's Ministry of Economic Affairs will step up soliciting foreign investments in the nation's four industries seen to have potential for national development, including offshore wind turbines, electric commercial veh... Full Story

Published: 2014/08/01

MOTC Deputy Minister Lauds Local Achievements at 60th Hanghai Festival

To restructure its economy to achieve sustainable growth, Taiwan has been developing the local maritime industry over the past years, to have created positive results to boost the island’s image as a maritime nation, said C.Y. Chen, Deputy Minister of Transportation and Communications (MOTC), at ... Full Story

Published: 2014/08/01

ITRI's “Tactical Nozzle Light” Provides Lighter, Safer Headlamps for Firefighters
New product weighs much less while providing far more light than conventional models

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

Published: 2014/07/31

Stricter Regulations Boost Taiwan's Green Building Materials Industry
Island manufacturers jump onto the green-is-good bandwagon

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

Published: 2014/07/31

Yang Ming Scores 23-Month High June Revenue of NT$12.227 Bn.

Mainly driven by pervasive hikes of freightage for U.S. trade lines, Yang Ming Marine Transport Corp., Taiwan’s top-2 shipper by fleet size, scored revenue of NT$12.227 billion (US$407.56 million) for June, up 10.82% month-on-month, or 5.87% year-on-year, to a 23-month zenith, according to its lat... Full Story

Published: 2014/07/31

Taiwan Offers All Tools and Equipment Needed to Keep Gardens Blooming
Gardening equipment makers cater to trends toward convenience and efficiency

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

Published: 2014/07/30

Formosa Plastics Group to Invest US$500 M. to Expand Steel Mill in Fujian, China

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

Published: 2014/07/28

Hon Hai's June Sales Top Expectations Amid Strong iPhone 6 Orders

Hon Hai Precision Industry Co., Ltd., Taiwan’s biggest ITC subcontractor by revenue, announced consolidated revenue of NT$316.9 billion (US$10.5 billion) in June alone, up 18.3% from the previous month to far exceed market expectations and hit a new high. Industry executives associate such bri... Full Story

Published: 2014/07/28

Taiwan Mobile Remains Taiwan's Most Profitable Telecom Carrier

Taiwan Mobile Co., Ltd. remained the most profitable telecom carrier in Taiwan in the first half of this year. The company earned NT$3.06 per share in after-tax net income vs. Chunghwa Telecom Co., Ltd.’s NT$2.96 and Far EasTone Telecom Co., Ltd.’s NT$2.02. These earnings results topped the thre... Full Story

Published: 2014/07/28

TSMC Reports Strong Q2 Revenue Despite 0.7% Decrease in June

Foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC) announced Q2 consolidated revenue of NT$183 billion (US$6.1 billion), up 23.48% from the previous quarter to hit a new high regardless of a 0.7% month on month decrease in June revenue, which totaled NT$60.3 billion (US$2 billion). The... Full Story

Published: 2014/07/28

Flytech, Advantech See Rosy Industrial PC Sales Performance in June

Fueled by strong market demand for industrial PCs worldwide, Taiwan’s Flytech Technology Co., Ltd. and Advantech Corporation both saw rosy performance in June. Flytech, the largest POS (point of sale) system provider by shipment on the island, scored consolidated revenue of NT$408 million (US$13... Full Story

Published: 2014/07/24

Taiwan Begins Multi-lateral Negotiations on Environmental Goods Agreement with 13 WTO Member Nations

Despite being stalled in signing free trade agreements (FTAs) with trade partners, Taiwan has formally begun multi-lateral negotiations to strike environmental goods agreements with 13 WTO (World Trade Organization) member nations, announced earlier the Ministry of Economic Affairs (MOEA). Acco... Full Story

Published: 2014/07/22

Container Handling Volume in Kaohsiung Port Hits 2nd-Highest 914,400 TEUs in June

With Taiwan’s exports surging due to the simmering global economy, as well as promotions of large container ships, the Kaohsiung Port, the largest commercial port by throughput on the island, saw its container handling volume reach some 914,400 TEUs (twenty-foot equivalent units) in June, the secon... Full Story

Published: 2014/07/21

Foxconn to Use Self-made Robots to Assemble iPhone 6

The Foxconn Technology Group of Taiwan will reportedly use self-made “Foxbot” to assemble Apple’s iPhone 6, which will be the world’s first smartphones to be assembled by robots. According to online media 9to5 Mac, Foxconn, Taiwan’s No.1 ITC subcontractor by revenue, is preparing to automate ass... Full Story

Published: 2014/07/21

TSMC's Chang Shares Views on National Industry Development

Taiwan should target service and Internet technology to direct the future development of its industry, said Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman Morris Chang when he addressed an audience in Taipei on the nation's industry policy. When asked if Taiwan can create another mega-fi... Full Story

Published: 2014/07/16

Willingness among Taiwan Enterprises to Invest Locally Grows This Year

Taiwan’s economic outlook may be increasingly brightening, shows the latest investment survey published by the Ministry of Economic Affairs (MOEA), with local manufacturers more willing to invest in Taiwan this year. The survey indicates that about 25.7% of the polled 3,000-plus firms at home a... Full Story

Published: 2014/07/16

Global ICT Device Shipments to Reach 2.4 Bn. Units This Year: Gartner

Global shipments of ICT (information and communications technology)-based devices, including conventional PCs, tablets, ultramobile premiums (comprising 14-inch sub-laptops and tablets), and handsets, are forecast to total 2.4 billion units this year, for a 4.2% year-on-year (YoY) increase , accord... Full Story

Published: 2014/07/15

LOIs Signed in Past 4 Years for Japanese Investments in Taiwan See Result

With steadily growing economic cooperation between Taiwan and China making the island increasingly attractive for Japanese investors as an overseas investment destination, as many as 20 letters of intent (LOIs) signed by Japanese firms for investments in Taiwan in the past four years all have been ... Full Story

Published: 2014/07/15

MIRDC Holds Innovative Tech Matchmaking to Help Taiwanese Medical Instrument Makers Explore Market

To help Taiwanese medical instrument manufacturers explore markets more effectively, the Metal Industries Research & Development Centre (MIRDC), a government-funded R&D institute, held the Medical Instrument Innovative Technology Matchmaking & MOU signing in early July in Kaohsiung, southern Taiwa... Full Story

Published: 2014/07/15

Taiwan's Machine Tool Makers Stay Profitable Despite Forex Losses

Taiwan’s leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry executives ascribe such profitability mostly to the recoveri... Full Story

Published: 2014/07/15

CSBC Cashes In On Taiwan's Offshore Wind Turbine Boom

CSBC Corp., Taiwan plans to set up a marine construction services subsidiary to develop offshore wind power farms in 2015, according to company chairman Robert Lai. The state-owned shipbuilder hopes to tap into the huge business opportunities created by Taiwan's active development in the green ener... Full Story

Published: 2014/07/14

Taiwan and China Energy Executives Explore Investment Opportunities in the U.K.

According to China News Service (CNS), China’s second-largest government-run media, executives from around 20 energy companies in Taiwan and China jointly visited the U.K. for five days in late June to study investment opportunities in new energy technologies. The executives were invited by the... Full Story

Published: 2014/07/14

Taiwan's Machine Tool Makers to Speed Expansion to Get Ready for Better H2, 2014

Taiwan’s leading machine-tool makers are speeding expansion plans to get ready for H2 of this year, which they forecast to be brisker than in H1 due to recovering global economy and increasing demand for automation systems. Chairman of the Taiwan Machine Tool & Accessory Builders’ Association, E... Full Story

Published: 2014/07/14

U.S. FMC's Approval of CKYHE's Agreement Likey to Rock G6's Dominance of American Container Market

CKYHE Alliance’s agreement on expanding cooperation on maritime trade routes to and from the U.S. has just been formally approved by the U.S. Federal Maritime Commission (FMC), which should drive growth of the two Taiwanese members, Yang Ming Marine Transport Corp. and Evergreen Marine Corp., start... Full Story

Published: 2014/07/14

Former Taiwan VP Suggests Reducing Taiwan's Dependence on Cross-Strait Trade

Former Vice President of Taiwan Vincent Siew recently suggested that Taiwan should reduce dependence on trade with China in light of increasing anxiety on the potential consequences of such over-dependence. He made the statement at the R.O.C-U.S.-Japan Trilateral Security Dialogue held recently ... Full Story

Published: 2014/07/11

Taiwan Aims to Achieve Cruise Passenger Arrivals of 1 M. in 2015

With Asia’s cruise travel market rapidly growing, Taiwan, strategically located between Northeast and Southeast Asia’s cruise network to boast the biggest advantage among others to develop such segment, targets cruise passenger arrivals of 1 million by 2015, according to the Ministry of Transportat... Full Story

Published: 2014/07/11

Taiwan Joins Meeting of APEC Ministers Responsible for Mining

To enhance exchange and cooperation between the mining industries of APEC (Asia-Pacific Economic Cooperation) member nations, Taiwan sent a delegation of officials and industry representatives led by Vice Minister of Economic Affairs Woody Duh to the 5th Meeting of APEC Ministers Responsible for Mi... Full Story

Published: 2014/07/10

Hon Hai Buys Into SK C&C to Secure Presence in East Asia

The Hon Hai Group announced on June 30 acquiring a 4.9% stake, or 2.45 million shares, in SK C&C for 380.9 billion won (US$376.8 million), becoming the second largest shareholder of the SK Group of South Korea’s IT service subsidiary. As Hon Hai’s first partnership deal with a South Korean busin... Full Story

Published: 2014/07/10

Ferry Passengers across Taiwan Strait to Exceed 400,000 in 2014

With ferry passage being increasingly popular between Taiwan and China as an economical, convenient alternative to airplanes, the number of cross-strait ferry passengers is estimated to exceed 400,000 this year, according to Taiwan’s Ministry of Transportation and Communications (MOTC). MOTC say... Full Story

Published: 2014/07/10

China's Rising Costs Actually an Advantage for Taiwan's Solar Module Industry

Taiwan’s solar-module industry is expanding production to fill the niche left by their Chinese competitors whose global shipments have seriously fallen due to a string of anti-dumping taxes imposed by the West, not to mention China's surging manufacturing costs. Industry executives say that Taiw... Full Story

Published: 2014/07/08

 
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