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Industry Reports > General Items
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 and China to Hold Next Trade-in-Goods Talk on March 31

Taiwan's Deputy Economic Minister S.C. Cho announced that Taiwan and China will hold the 10th round of trade-in-goods talk March 31 through April 2 in Beijing, to primarily focus on market opening and tax concessions on four categories of goods. Also Taiwan’s representatives will use this round ... Full Story

Published: 2015/03/31

Taiwan's Feb. Exports Down 6.7% YoY to US$19.86 Bn. to Drag Down Jan.-Feb. Total

Affected by fewer working days throughout February due to the Lunar New Year break, alongside impacts of recently new lows in crude oil prices on local mining, petroleum and plastic industries, Taiwan witnessed its exports in the month drop by 6.7 percent year-on-year to US$19.86 billion, dragging ... Full Story

Published: 2015/03/25

Taiwan's February Tax Revenue Plummets 16% MoM to NT$57.1 Bn.

Fewer working days in February due to the timing of the Lunar New Year holiday contributed to a 16.3% fall in taxes collected in Taiwan during the month. The NT$57.1 billion (US$1.81 billion) received was NT$11.2 billion (US$355.56 million) less than the same month last year, the Ministry of Financ... Full Story

Published: 2015/03/23

Taiwan's Export Orders in Jan. Up 8% YoY to New High of Over US$39 Bn.

Seemingly immune to seasonal factors, Taiwan’s export orders in January grew 8 percent year on year (YoY) to US$39.04 billion, the highest January record in history, according to the latest statistics compiled by Ministry of Economic Affairs (MOEA). Additional good news for Taiwan’s export-drive... Full Story

Published: 2015/03/09

Taiwan's Q2 Manpower Demand to Rise 45,000 People Than in Q1

Mainly driven by robust service sectors in Taiwan likely due to rising tourist arrivals from China, Japan, S. Korea, manpower demand of Taiwanese enterprises in Q2, 2015 is estimated to increase 45,063 people relative to that in Q1, the strongest increase for the quarter in history, as shown by the... Full Story

Published: 2015/03/09

Nanya Plastics Starts up 3-Year, US$1.06 Bn Expansion Investment

Nanya Plastics Crop., reportedly the most profitable member of the Formosa Plastics Group (FPG) last year, has recently started a three-year, NT$33 billion (US$1.06 billion) investment project targeting its businesses in Taiwan, China, Vietnam and the United States. Its operations in China will ... Full Story

Published: 2015/03/06

Taiwan's Suppliers Take Sigh of Relief After Sino-South-Korean FTA Shows Limited Leeway

Taiwan’s manufacturers of petrochemicals, liquid-crystal displays, automobiles and machine tools can take a sigh of relief after learning the free trade agreement (FTA) China and South Korea initialed on February 25 does not offer as much leeway for trade and duty-reduction as had been expected by ... Full Story

Published: 2015/03/05

Taiwan National Biotech Park Set to Open in April 2016

Taiwan’s National Biotech Research Park, the island’s first government-invested integrated biotech park incorporating research, development and startup incubation capacity, will open in April 2016, according to Academia Sinica President C.H. Wong, whose organization came up with the idea for the pr... Full Story

Published: 2015/03/05

Taiwan's 3 Main Science Parks Report Record Revenues and Exports in 2014

Last year, Taiwan’s three science-based industrial parks, namely the Hsinchu Science and Industrial Park (HSIP), the Central Taiwan Science Park (CTSP), and the Southern Taiwan Science Park (STSP), together set record highs in production revenue, export revenue, and employment. According to Taiw... Full Story

Published: 2015/03/04

January Exports Hit New Highs at Taiwan's Export Processing Zones

January saw Taiwan’s 10 export processing zones overseen by the Ministry of Economic Affairs (MOEA) generate some NT$32.9 billion (US$1.06 billion) in export revenue, increasing 16 percent year on year to hit a new high, according to the ministry’s Export Processing Zone Administration. Based on... Full Story

Published: 2015/03/02

Taiwan Remains Asia's Biggest Maker of 80-ft Up Yachts in 2015

Following over five decades of development, the yacht building industry in Taiwan has established a solid name among professional buyers and yacht owners throughout the world, helping the island retain its crown as Asia's biggest producer of yachts 80 feet and longer in 2015. The latest news rep... Full Story

Published: 2015/02/16

Dropping Oil Prices Forecast to Raise Taiwan's 2015 GDP Growth to 4%

With international crude oil prices having fallen to record lows since the 2008 financial meltdown and a major news channel reporting per barrel price may dip to US$20, Taiwan’s GDP in 2015 is forecast to grow by around 4 percent, an equivalent of some NT$160 billion (US$5.08 billion), over 2014, a... Full Story

Published: 2015/02/16

Revenue of Taiwan Businesses Hits All-time High of NT$14.5 Trillion in 2014

Revenue or turnover of Taiwan’s businesses, described by the government chiefly as retail, wholesale and food services, totaled NT$14.5 trillion (US$460.31 billion) in 2014 to set a new high for the second consecutive year, according to Ministry of Economic Affairs (MOEA). In December, busin... Full Story

Published: 2015/02/09

Taiwan Manufacturers Eager to Join Government's Big Data Program

Taiwan’s heavyweight manufacturers including the Hon Hai Technology Group, Hiwin Technologies Corp., and Advantech Co., Ltd. have expressed eagerness to join Taiwan's executive ministry's program to push application of big data. Hon Hai Chairman Terry Gou told Vice Premier Simon Chang of his hop... Full Story

Published: 2015/02/09

Taiwan Unemployment Rate Hits 7-Year Low

Taiwan’s unemployment rate dropped to 3.96% throughout 2014, being sub-4% for the first time in seven years, according to the Directorate General of Budget, Accounting and Statistics (DGBAS). Nevertheless such rate was higher than Hong Kong’s 3.2%, Japan’s 3.5%, South Korea’s 3.4% and Singapore’... Full Story

Published: 2015/02/09

Taiwan's Tax Revenue Nears NT$2 Trillion in FY 2014 to be All-time High

Mostly driven by surging profits generated by local enterprises, the Taiwanese government collected taxes exceeding NT$1.957 trillion (US$61.73 billion) for the fiscal year (FY) 2014, an all-time high, according to the latest report by the Ministry of Finance (MOF). The MOF indicates that such t... Full Story

Published: 2015/02/02

Kaohsiung City Government Builds South Star Yacht Industry Park into Asia's Luxury Yacht Manufacturing Base

Despite a yacht industry with development for over four decades, Taiwan, reputed as “Kingdom of Yachts,” is still a mostly unsung hero in the sector, with products never spotlighted in high-end consumer magazines as "How to Spend It." Horizon, a shipyard in southern Taiwan, however takes an env... Full Story

Published: 2015/01/28

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

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

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

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

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

Kaohsiung Port Likely to Finish 2014 with Container Handling Volume of 10.5 M. TEUs

Driven by Taiwan’s surging international trade, as well as growing arrivals of larger ships, the Kaohsiung Port in southern Taiwan is expected to finish 2014 with container handling volume of 10.5 million TEUs (twenty-equivalent unit), the first time over the past 8 years, according to Taiwan Inter... Full Story

Published: 2014/12/26

Productivity-to-Pay Gap Widens in Taiwan

Although Taiwan is well known for high labor productivity worldwide, pay for manufacturing workers have dropped over the past 10 years to show the nation's makers have enslaved workers to achieve such productivity, according to Taiwan's Ministry of Labor. The ministry’s latest statistics show Ta... Full Story

Published: 2014/12/26

Taiwan's Export Orders in Nov. Total US$43.51 Bn. to Fall Short of Govt. Expectation

Taiwan’s export orders received in November totaled only US$43.51 billion, up 6% year-on-year (YoY) but slipping from October and falling short of governmental expectation of higher value amid simmering iPhone 6 sales globally, according to the latest statistics compiled by Ministry of Economic Aff... Full Story

Published: 2014/12/25

Taiwan Leads Asian Neighbors in Scores on Knowledge Economy Index

According to Taiwan's National Development Council (NDC), the Taiwan Cabinet, Taiwan tops the 28 Asian economies chosen by Asian Development Bank (ADB) on its Knowledge Economy Index of 2014 by scoring 8.77 on the 10-point scale. The NDC attributes such result mostly to the island’s increased i... Full Story

Published: 2014/12/16

 
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