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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Benefiting from branded vendors’ brisk shoe sales, Taiwan-based Feng Tay Enterprises Co., Ltd., a top-three contract manufacturer of footwear by size on the island, recorded a single-month high of NT$4.449 billion (US$148.3 million) in November revenue, surging 18.3% month-on-month (MoM) or 38.9% y... Full Story
The overall output value of Taiwan’s manufacturing industries is forecast to grow by 2.86% year-on-year (YoY) to NT$18.25 trillion (US$600.83 billion) in 2015, up from a projected NT$17.74 trillion (US$593.13 billion) this year, according to the Industrial Economics & Knowledge Center (IEK), a mark... Full Story
With global luggage brands restocking amid positive market outlook throughout next year, Taiwan-based Eminent Luggage Corp., a major contract manufacturer and branded vendor of luggage and travel bags, has production lines fully-loaded, hence expecting banner performance in Q4, 2014 through earl... Full Story
After developing heat-pump water heaters for residential and commercial use, Rechi Precision Co., Ltd., supplier of compressors for air conditioners based in Taiwan, will step up building the business by exploring domestic and overseas markets, including Japan, Australia and Europe, starting next y... Full Story
With the recent OPEC decision not to cut production that further reduced crude oil prices to a new 4-year low as well as other factors, China Airlines, Taiwan’s largest by fleet size, has gradually cut its net loss to target a profitable 2014.
For the first nine months of the year, the company... Full Story
Mainly driven by the upcoming Christmas sales peak in America and Europe, Taiwan’s industrial production index (IPI) hit an all-time high of 112.56 in October, up 8.97% year-on-year (YoY) to be on uptrend for nine months, according to the latest statistics issued by Ministry of Economic Affairs (MO... Full Story
Taiwan’s leading contract manufacturers of footwear, Pou Chen Corporation, Feng Tay Enterprises Co., Ltd. and Fulgent Sun Group, all enjoyed revenue growths in October, and generally see positive outlook for Q4, 2014.
Now the world’s largest contract maker of footwear by shipment, Pou Chen repor... Full Story
American telecom, AT&T Inc., issued US$1.295 billion in international bonds on Nov. 10 in Taiwan, causing buzz across the market for being the single highest capital raising on record.
According to chairman of GreTai Securities Market, Soushan Wu, the bond issuance shows Taiwan's emerging globa... Full Story
MediaTek Inc. and the government-backed Industrial Technology Research Institute (ITRI) of Taiwan are among the 2014 Top-100 Global Innovators chosen by the multinational media and information company, Thomson Reuters Corp.
It is the second consecutive year for Taiwan-based organizations to be h... Full Story
According to the Intellectual Property Office (IPO) of Taiwan's Ministry of Economic Affairs (MOEA), foreign firms applied in Q3 6,827 invention patents, increasing 1.35% from the same quarter last year.
The top-five foreign applicants are LG Chem, Toshiba, Fujifilm, Applied Materials, and Nitt... Full Story
Metal Industries Research & Development Center (MIRDC), a Taiwanese government-funded R&D institute, signed a memorandum of understanding (MOU) with Tatung Co., a Taiwan-based supplier of household appliances, for cooperation on development of key technologies for renewable energy.
The MOU was s... Full Story
With Taiwan’s economy gradually gaining steam from thriving domestic manufacturing, Industrial Economics & Knowledge Center (IEK), an industry research department under the government-funded Industrial Technology Research Institute, has raised its growth forecast of manufacturing industries’ overal... Full Story
To drive its export-driven economy, Taiwan has been developing free economic zones as part of efforts to attract foreign direct investments (FIDs), with initial results being the New York-based Victoria Cruises Inc. having decided to invest in the newly approved free economic pilot zone of Changhua... Full Story
At the 2014 Investment Solicitation Convention organized by Taiwan's Ministry of Transportation and Communications recently, the Taiwan International Port Corp. (TIPC), a government-linked operator of commercial ports, signed investment agreements with 10 domestic and foreign firms, to bring in inv... Full Story
The investment project by Taiwan’s Formosa Plastics Corp., the flagship company of Formosa Plastics Group, and Japan’s Idemitsu Kosan Co., Ltd., a major petroleum refining and chemical company, to set up a joint venture for hydrogenated petroleum resin in Taiwan has just passed the environment impa... Full Story
According to informed sources, International Business Machines Corp. (IBM) and HDR Group of the USA have decided to set up shop at Taoyuan Aerotroplis, a proposed urban development at the Taoyuan International Airport in northern Taiwan, to tap smart-traffic and healthcare segments.
The news br... Full Story