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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Soft power has been a buzzword in Taiwan, whose export-driven economy is gradually changing and needs sustainable development when cost cutting is no longer sufficient, and when knowledge is essential to stay ahead; and accordingly, traditional manufacturers are eagerly looking to upgrade into valu... Full Story
Security has always been a background concern over the years, but has been catapulted to the foreground with the 911 terrorist destruction of the World Trade Center towers in New York, thus propelling a steadily-growing market for security-related products and services. Today, security monitoring p... Full Story
Fastener production is one of the landmark industries of southern Taiwan, where 1,000 manufacturers, related upstream suppliers, and processing service providers clustered in Tainan and Kaohsiung cities form a highly efficient supply chain. To boost the industry’s global presence by exploiting this... Full Story
Demand for hand tools in emerging countries has been rising steadily over the past few years, helping Taiwanese suppliers with exposure to those markets clock in solid gains in 2012 despite the global economic doldrums.
A report issued by U.S.-based market researcher Global Industry Analysts... Full Story
Taiwan’s hand-tool makers are doing very well today despite the threat from competitors in mainland China and other countries with low manufacturing costs, thanks to the advanced technology they have accumulated over the decades and the comprehensive supply chain available to them in central Taiwan... Full Story
The Taiwan Hardware Show (THS) 2012 again proved itself as the best business platform for the hardware industry in Taiwan, netting tremendous business opportunities for participants during its three-day run from October 11 to 13 at Taipei World Trade Center Exhibition Hall 1.
The show has come ... Full Story
USA remains biggest market for Taiwan’s fastener exports Jan.-Sept.
Affected by global economic uncertainty, Taiwan’s fastener industry saw output value drop 2% to NT$31 billion in the third quarter of 2012 from NT$31.5 billion a quarter ago, according to the latest report from the Metal In... Full Story