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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.

Taiwan's Top-3 Footwear Makers Record New Revenue Highs for 2014

Driven by enduring demand for leisure and sports footwear globally, Pou Chen Corporation, Feng Tay Enterprises Co., Ltd. and Fulgent Sun Group, Taiwan’s top-three contract manufacturers of footwear for global brands, all saw consolidated revenue for 2014 hit record highs, and are likely to see brig... Full Story

Published: 2015/01/26

Taiwan's Dec. CPI Growth Hits 10-month Low

Taiwan’s consumer price indices (CPI) of 370 commodities inched up only 0.61% in December from the same month of 2013, the lowest growth rate in 10 months, mostly due to plummeting fuel prices, according to the Directorate-General of Budget, Accounting, and Statistics (DGBAS) of the executive minis... Full Story

Published: 2015/01/26

Cheng Hsin Rubber to Stage Rebound This Year after Revenue Declined in 2014

After suffering a revenue drop in 2014, Cheng Hsin Rubber Ind. Co., Ltd., Taiwan-based tire maker of the Maxxis brand, is expected to stage a strong rebound this year. The firm’s latest financial report shows revenue for December 2014 of NT$9.792 billion (US$308.89 million), down 9.78% year-on-y... Full Story

Published: 2015/01/26

Evergreen Marine's Dec. 2014 Revenue Hits 27-month High of NT$12.8 Bn.

Despite a low season for the global shipping industry, Taiwan-based Evergreen Marine Corp., a globally known shipper, scored a 27-month high of NT$12.819 billion (US$427.3 million) in revenue for December 2014, up 11% month-on-month or 12.83% year-on-year, according to the firm’s latest financial s... Full Story

Published: 2015/01/26

AIDC's Revenue Takes Off to 3-year High of NT$3.859 Bn. in Dec. 2014

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

Published: 2015/01/26

FFG, AIDC Form Aircraft Composite Material Alliance

Chairman Jimmy Chu of the Fair Friend Ent. Group (FFG) announced that his company will enter into alliance with Aerospace Industrial Development Corp. (AIDC) to develop and manufacture composite materials for aircrafts. FFG, Taiwan’s biggest machine-tool maker, will provide equipment to the mate... Full Story

Published: 2015/01/23

Sonlite Lighting Offers LED Bulbs

Shenzhen Sonlite Lighting Co., Ltd. manufactures a wide-range of halogen lamps and LED lamps, mostly approved by UL, CSA, CE and TUV for declaration of conformity, and over 85% of which exported to Europe, North America and Australia. The P1W5 A19 LED bulb has a long service life of 30,000 hours... Full Story

Published: 2015/01/21

AUO and Innolux to Tap Market for Wearable Electronic Display Panels

To capture considerable business opportunities from the wearable electronic boom, AU Optronics Corp. (AUO) and Innolux Corp., Taiwan’s biggest two suppliers of such displays by shipments, are both eying the higher-margin applications to secure strong growth momentum. DisplaySearch, a global disp... Full Story

Published: 2015/01/21

EVA Airways Upgrades Fleet as Outlooks Brighten in 2015

EVA Airways Corp., Taiwan's second-biggest airline plans to upgrade and expand its aircraft fleet in expectation that performance in 2015 will improve on 2014, when a string of air crashes cast a shadow to the global aviation industry. The brighter outlook is underpinned by improved operational eff... Full Story

Published: 2015/01/19

Largan Precision Has a Lucrative 2014

Largan Precision Co., Ltd., a world leading manufacturer of optical lenses for mobile computing devices, posted revenue of NT$5.75 billion (US$185.48 million at US$1:NT$31) in December, up 2% from the previous month and up 80% from the same month of 2013. The December result helped swell the com... Full Story

Published: 2015/01/19

Goodway, Tongtai Poised to Become NT$10bn Tool Makers in 2015

Goodway Machine Corp. and Tongtai Machine & Tool Co., Ltd. are expected to join the NT$10 billion (US$322.58 million at US$1:NT$31) revenue club of Taiwan's machine-tool sector in Taiwan with consolidated revenue in 2015. Only a handful of machine-tool makers on the island have crossed the NT$10... Full Story

Published: 2015/01/13

Taiwan Fastener Service Cloud Links Local Suppliers with Global Buyers

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

Published: 2015/01/09

MOU with Samsung Opens Door for CSC in Vietnam White Goods Market

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

Published: 2015/01/06

TSMC Expansion Plan Fails Environmental Assessment

Taiwan Semiconductor Manufacturing Co.'s (TSMC's) expansion plan at the Central Taiwan Science Park (CTSP) failed to pass environmental assessments at a meeting recently held by the Environmental Protection Administration (EPA), Executive Yuan due to fierce opposition from local environmentalists. ... Full Story

Published: 2015/01/06

Taiwan Government Maps Out 5G Plan

The Taiwan government plans to work with the European Union (EU) on the development of high-frequency, small cell-tower, and front-haul transmission, software-defined networking (SDN) technologies for fifth-generation (5G) mobile connectivity. The government-backed Industrial Technology Research... Full Story

Published: 2015/01/06

Epistar Reportedly to Acquire TSMC SSL

Epistar Corp., the world's top LED chipmaker by production capacity, reported will wholly acquire TSMC Solid State Lighting Ltd. (TSMC SSL), founded by silicon foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC), in an all-paper deal. Both companies have declined to confirm the reports. ... Full Story

Published: 2015/01/06

Taiwan Shin Kong Security Set to Deliver Robots in 2015

Taiwan Shin Kong Security Co., Ltd. (SKS), Taiwan's second-biggest private security company, will begin to export entertainment robots sometime in 2015. The company aims to ship about 100 units over the year and generate revenue up to NT$100 million (US$3.22 million at US$1:NT$31). SKS' robot op... Full Story

Published: 2015/01/06

Foxconn Said to Partner with Ericsson on 5G Projects

Foxconn Technology Group reportedly plans to work with Telefonaktiebolaget L. M. Ericsson to develop fifth-generation (5G) mobile connection technologies as part of its plan to invest NT$4 billion (US$129.03 million at US$1:NT$31) to build its global 5G R&D teams. Informed sources say that detai... Full Story

Published: 2015/01/05

Taiwan LED Makers Face Bright Prospects in 2015

Taiwan’s epitaxy-wafer, packaging, and integrated-manufacturing LED companies are projecting a growth of at least 20% in 2015. The increasing adoption of flip-type LED chips by LED TV makers such as Samsung will bring lucrative business opportunities to Taiwan’s high-end chipmakers, particularly... Full Story

Published: 2014/12/31

Digital Tools to Help Taiwan's Makers Better Survive in DIY Sector
Other makers have followed in Taiwan's footsteps

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

Published: 2014/12/31

Asus Retains No. 1 Spot among Taiwan's Top 20 International Brands in 2014

Taiwan’s Ministry of Economic Affairs (MOEA) has announced the results of a survey by the Interbrand Corp., a U.K.-based brand consultant, ranking the island’s top 20 international brands for 2014 by brand value. Asus, the world's top-5 PC brand, retained last year's position as No. 1. Asus is f... Full Story

Published: 2014/12/30

Revenue of Taiwan's Business Sectors Totals NT$1.2 Trillion in Nov.

Taiwan’s business sectors, described by the government as wholesale, retail and food services, generated revenue of around NT$1.2 trillion (US$40 billion) in November, according to the latest statistics compiled by Ministry of Economic Affairs (MOEA). The figure edged up only 0.7% compared to NT... Full Story

Published: 2014/12/30

Taiwan Sets GDP Growth Target for 2014 at 3.1-3.7%

The National Development Council (NDC) of the Executive Yuan, Taiwan’s Cabinet, has announced several key economic development targets for 2015. Among the targets, gross domestic product (GDP) growth has been set at 3.1-3.7%, the unemployment rate at 3.8-3.9%, and growth in the consumer price index... Full Story

Published: 2014/12/30

PHS Provider FITEL in Taiwan Announces Bankruptcy on Dec. 26

FITEL, Taiwan’s only provider of personal-handy-phone service (PHS), has racked up debts of around NT$5 billion (US$161.29 million) due to being less competitive relative to the popular third-generation (3G) and fourth-generation (4G) mobile services. Founded in 1997 and having begun PHS servic... Full Story

Published: 2014/12/30

Motech and Topcell to Merge to Create World No.1 Solar Cell Maker

Motech Industries Co., Ltd. announced the acquisition of Topcell Solar International Co., Ltd. for an estimated NT$2.05 billion (US$66.29 million) to create the world’s biggest solar-cell maker with three-gigawatt yearly capacity. Motech, a major solar cell maker alongside Neo Solar Power Corp.,... Full Story

Published: 2014/12/30

Foxconn Sets up R&D Teams in North America and Europe to Develop 5G Equipment

Foxconn Technology Group has set up R&D teams in North Europe and America to develop smart computing devices as smartphones and tablet PCs, and cell towers for fifth-generation (5G) mobile-phone service to target releasing such wares in 2016 or 2017, with as many as 200 specialists to be hired soon... Full Story

Published: 2014/12/30

Cheaper Yen and Won Among Hurdles for Taiwan Machinery Shipments in 2015

In Jan.-Nov. 2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island’s machine-tool industry having exported US$3.43 billion of equipment, growing at lower-than-expected rate of 6.2% year on year. According to Taiwan government statistics, local machinery make... Full Story

Published: 2014/12/29

Everlight to Invest US$30 Bn. Over Five Years Depending on Order Growth

Everlight Electronics Co., Ltd. Chairman Robert Yeh says his company, world’s No.1 LED packager by volume, will invest NT$10 billion (US$322.58 million) over three years and some NT$30 billion (US$967.74 million) over five years to boost production capacity depending on order growth. Yeh ha... Full Story

Published: 2014/12/29

Taiwan's Females Lead Males in Mobile Online Connection and Shopping

Taiwan’s female smartphone users outnumber male counterparts both in mobile online connection and online shopping, according to a survey released by Taiwan's National Development Council (NDC). In July and August 2014, the NDC polled 13,000 people aged above 12 on the island on online usage. ... Full Story

Published: 2014/12/29

Taiwan's IPI Hits Record High of 107.47 in Nov.

Steady sales globally of iPhone 6 have reportedly benefited Taiwanese manufacturers of electronic parts and components, resulting in Taiwan’s industrial production index (IPI) reaching 107.47 in November, the highest-for the month in history to have risen 6.86% over last November, according the l... Full Story

Published: 2014/12/29

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