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Industry In-Focus > Hardware & Tools
Highlighting specifics such as major R&D achievements, branding strategies, market trends and prospects of Taiwan’s export industries, these analytical, informative reports are designed to give buyers and readers a better grasp of the pulse of the industries and significant events in business.

Taiwan's 2014 Fastener Production Again Sets Record High Volume
Production volume in 2014 exceeds new high of 1.812 million tonnes for second straight year

Compiled by STEVE CHUANG With TV news reports that certain parts of the USA have seen home prices rise sizably since last year, in particular those in San Francisco, and the Greek debt deal tentatively extended, and car sales stateside increase due to falling gas prices, some say the global econ... Full Story

Published: 2015/02/25

CSC of Taiwan Adjusts Downward Nominal Steel Prices by 2.27% for March, Delighting Downstream Manufacturers

Compiled by STEVE CHUANG Responding to a downward trend of international steel prices, China Steel Corp. (CSC), Taiwan’s largest steelmaker by size, has decided to continue reduce its nominal prices of domestically sold steels by 2.27 percent, or NT$425 (US$13.49) per tonne, on average, in line ... Full Story

Published: 2015/02/02

Locally-Clustered, Integrated Supply-Chain Fixes Taiwan as World's No.2 Fastener Maker
Vietnam War paved road for island's fastener industry

By STEVE CHUANG Taiwan's media has over the years dubbed the nation "Economic Miracle," a deserved title in the 1980s and 1990s, especially considering the small island has scant natural resources as minerals and fossil fuel. But Taiwan's economic might has been undermined on many fronts by Chin... Full Story

Published: 2014/12/18

New Applications and Improved Technology Brighten Prospects for Taiwan's Hand Tool Industry
Manufacturers eye niche markets to sidestep cutthroat price competition

By STEVE CHUANG Hand tool manufacturing, which has been one of Taiwan’s traditional industries with strong presence in the global market for decades, is now looking forward to brighter prospects than ever thanks mainly to new applications and upgraded production technologies developed jointly by... Full Story

Published: 2014/12/12

Industry Expert Sheds Light on Future Development of Hand-tool Industry in Taiwan
Stand Tools' Brand Hsiao sees challenges and opportunities for local producers as they push into higher end markets

By QUINCY LIANG Taiwan's hand-tool industry has developed strongly for many years to become a key player in the international market for high-quality, innovative, and reasonably priced products to global users, especially in the professional and industrial application segments. Despite its so... Full Story

Published: 2014/11/14

Wise Center Upgrades Operations in the Constant Pursuit of Excellence
Manufacturer strives to position itself in the high-end market segment

By STEVE CHUANG Wise Center Appliance Precision Co., Ltd. has worked hard in recent edge to pull ahead of its competition by sharpening its operational efficiency and worker training, and by enhancing its product development and marketing. The results of this effort are already being realized. ... Full Story

Published: 2014/08/04

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

CSC Scores Higher Revenue in Q1, 2014

China Steel Corp. (CSC), the largest steelmaker in Taiwan by size, finished Q1, 2014 with consolidated revenue of NT$92.415 billion (US$3.805 billion), up 4.47% year-on-year (YoY), according to the firm’s latest financial report. For the quarter, CSC scored pretax profits of NT$5.073 billion (US... Full Story

Published: 2014/04/23

TECO Plans Motor Assembly Plant in Japan to Drive Local Sales

After landing a big order for commercial large-sized air conditioners from a Japanese customer to mark its entry into the market, TECO Electric & Machinery Co., Ltd., a Taiwanese leading supplier of motors, plans to set up an assembly plant in the country to enhance service quality and local sales,... Full Story

Published: 2014/04/14

Tong Ming and Chun Yu Expect Brighter Performance This Year

With the global economy recovering, Taiwanese fastener manufacturers, including Tong Ming Enterprise Co., Ltd. and Chun Yu Works & Co., Ltd., are expecting rosier performance this year than last year, when Taiwan’s fastener exports hit a record high, according to institutional investors. Accordi... Full Story

Published: 2014/03/19

TIFS 2014 Set to Buoy Taiwan's Fastener Industry Higher after Exports Hit Record

The third Taiwan International Fastener Show (TIFS), to be held April 14-15, 2014 in the newly constructed Kaohsiung Exhibition Center, is expected to further buoy Taiwan’s fastener suppliers, after the sector’s annual exports hit a record high in volume last year. Despite average prices driftin... Full Story

Published: 2014/03/12

CSC Reports Pretax Profits of NT$1.499 Bn. for Jan. with Price Hike Pending

With a planned price hike for April and May still pending, Taiwan-based China Steel Corp. (CSC), the island’s biggest steelmaker by size, scored pretax profits of NT$1.499 billion, or about NT$0.1 per share, in January, up 27% from a month ago to meet market expectations, according to the firm’s la... Full Story

Published: 2014/02/18

CSC Sees Jan. Revenue Hit One-year High of NT$32.313 Bn.

Mainly fueled by surging shipment, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, scored consolidated revenue of NT$32.313 billion in January, up 11% from NT$29.11 billion a month ago as an annual high, according to the firm’s latest financial report. In the month... Full Story

Published: 2014/02/17

MIRDC: Global Market for Medical Alloys Shows Huge Potential Amid Graying Population

With graying population increasingly a problem that forces global governments to revive and reform domestic healthcare systems to ensure sustainable economic and social development, the international market for medical alloys and related products shows great growth potential, and is gradually openi... Full Story

Published: 2014/02/17

Taiwanese Re-rolled Steel Mills Hold Optimistic Outlooks in Q1

With prospects of the global steel market brightening for various reasons, Taiwanese suppliers of re-rolled steel, a camp including Yieh Hui Enterprise and Sheng Yu Steel, are generally optimistic about their performance in the first quarter of this year. Institutional investors expect a strong fi... Full Story

Published: 2014/01/22

CSC to Join Hands with Swancor to Explore Wind Power Boom

To cash in on the promising growth potential of Taiwan’s wind power market, China Steel Corp. (CSC), the largest steelmaker on the island, plans to join forces with Swancor Ind. Co., a Taiwanese producer of vinyl ester resin and wind blades, to supply 600 wind turbines to be erected off Taiwan’s we... Full Story

Published: 2014/01/15

Taiwan's Fastener Exports Likely to Hit Record High in 2013

Sustained by U.S.’s slow economic recovery along with Europe gradually shaking off debt problems, Taiwan’s fastener industry is very likely to see annual exports cap 2011’s 1.422 million tonnes, an all-time high, in 2013. According to the latest statistics from the Taiwan Industrial Fasteners I... Full Story

Published: 2013/12/24

Taiwan's Metal Industry Continues to Meet Market Trends

With markets demanding eco-friendly, energy-saving, lightweight metal products, Taiwan’s metal industry has been increasingly working on value-added, non-ferrous metals and alloys as aluminum, magnesium and titanium to go upmarket and boost overall competitiveness. Development in Taiwan Accordi... Full Story

Published: 2013/12/17

THTMA Elects Arthur Wu as Chairman

New head wants to reorganize the association and get more government resources The 13th annual general meeting of the Taiwan Hand Tool Manufacturers’ Association (THTMA) concluded on Sept. 13, 2013 in the central city of Taichung with the election of a new board of directors and supervisors as w... Full Story

Published: 2013/12/17

Taiwanese Hand Tool Industry Output Up 9.6% in Q3, 2013

With the second straight quarter of growth, Taiwan’s hand tool industry finished the third quarter of 2013 with output of NT$18.4 billion, up 9.6% year-on-year (YoY), according to the latest report authorized by Metal Industries Research & Development Centre (MIRDC), a government-funded research i... Full Story

Published: 2013/12/12

Output of Taiwan's Surface Treatment Industry Drops 13% in Q2, 2013

Taiwan’s surface treatment industry, which is composed primarily of surface finishing companies and coated steel plate and sheet suppliers, finished the second quarter of this year with output value of NT$34.1 billion, down 13% year-on-year (YoY) and 10% quarter-on-quarter (QoQ) from 2012, accordin... Full Story

Published: 2013/10/04

Highlights of Latest Report by Metal Ind. R&D Center in Taiwan

Amid still slowly recovering global economies, Taiwan’s fastener industry finished the first half of this year with output of NT$59.6 billion, compared to NT$61.5 billion scored a year ago, according to the latest report issued by Metal Industries Research & Development Centre (MIRDC). The repor... Full Story

Published: 2013/10/04

Devalued Japanese Yen Mostly Spares Taiwan's Aluminum Industry

With the yen-to-greenback rate having risen above 100 from sub-90 over the past year, some of Taiwan’s export-driven industries, especially those able to rival against Japanese counterparts, such as machine tools, have seen mixed impacts. But, the Metal Industries Research & Development Centre (MIR... Full Story

Published: 2013/10/03

Highlights of the Latest Hand Tool Industry Report by the ITIS of MIRDC in Taiwan

Taiwan’s hand tool manufacturers produced NT$17.79 billion of products in the second quarter of this year, up 6% year-on-year (YoY) but down 13.2% quarter-on-quarter (QoQ), according to the latest report authorized by Industry & Technology Intelligence Service (ITIS) of Metal Industries Research & ... Full Story

Published: 2013/10/03

Taiwan's Steelmaking Industry Produces NT$302.4 B. in Q4

Three largest export outlets being China, Japan and Malaysia Taiwan’s steelmaking industry posted output value of NT$302.4 billion in the fourth quarter of last year, slightly up 1.31% from a quarter ago, according to the latest report issued by the Metal Industries Research & Development Centre... Full Story

Published: 2013/05/13

Taiwan Fastener Industry Output Drops 7% in Q4, 2012

Export to the USA rises 7% last year compared to 2011 Dampened by the fiscal cliff turbulence in the U.S., a persistently slack market in the EU bloc due to lingering debt crisis, Taiwan’s fastener industry saw output value decline 7% quarterly to NT$28.8 billion in the fourth quarter of 2012, ... Full Story

Published: 2013/05/09

Taiwan's Hand Tool Industry Suffers Low Season in Q4, 2012

Supplier group to Chennai, India attract intense interest among local buyers Taiwan’s hand tool industry experienced a low season in the fourth quarter of last year, when output value reached NT$15.18 billion, up 0.4% over a year ago but down 4.3% from a quarter earlier, according to the latest... Full Story

Published: 2013/05/09

Chang Loon Seeks New Growth with ProRatchet® Brand
Innovative design keeps wrench maker ahead of the price-slashing competition

Chang Loon Industrial Co., which was founded in the central Taiwan county of Changhua in 1978, has sharpened its focus on R&D in the hope of finding a new growth engine in its ProRatchet® brand. Chang Loon has specialized in making wrenches meeting GeprUfte Sicherheit (GS) standards for over thr... Full Story

Published: 2013/04/16

Stricter Law Helps Boost Taiwan's Green Building Materials Industry
Local manufacturers cash in on eco-friendly trend

Taiwan’s Indoor Air Quality Act took effect in November 2012, bringing more stringent rules for indoor air quality and giving a boost to the island’s green building materials industry. The new law imposes strict requirements for air quality inside houses to keep residents from inhaling hazardou... Full Story

Published: 2013/04/16

Innovative Bathroom Items Keep Taiwan's Makers Competitive
Digital thermometer for faucets is obviously in demand

Focused on improvement of products and manufacturing, the Taiwanese bathroom and kitchen fitting industry has come a long way since originating in Taiwan’s central county of Changhua more than a half century ago, also helping to drive exports on the island. Uncertain economic growth in 2013 motivat... Full Story

Published: 2013/04/16

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