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.
By KEN LIU
"I look to make Fair Friend the world’s No.1 machine-tool manufacturer to be a proud example in Taiwan," says Jimmy Chu, chairman of the Fair Friend Ent. Group, Taiwan’s biggest machine-tool conglomerate by revenue, who plans to generate consolidated revenue exceeding US$8.3 billion b... Full Story
By KEN LIU
Taiwan's machinery industry will likely miss the projected revenue goal of NT$1 trillion (US$32.25 billion at US$1:NT$31) for 2014 due to the island's less competitive currency versus the Japanese yen and South Korean won, according to the Taiwan Association of Machinery Industry (TAM... Full Story
Victor Taichung Machinery Works Co., a major machine-tool maker in Taiwan, projects to boost consolidated revenue to over NT$10 billion (US$322.58 million) by 2015 from the estimated NT$9.18 billion (US$296.12 million), with ambitious expansion plans for operations in Taiwan and China.
The inv... Full Story
L&L Machinery Co., Ltd., a major manufacturer of heavy-duty lathes in Taiwan, aims to generate revenue of some NT$1 billion (US$32.25 million) in three years with its subsidiary by diversifying into combo machining centers and machine tools to process large components for renewable energy equipment... Full Story
TBI Motion Technology Co., Ltd. Chairman C.K. Lee says the company, one of Taiwan’s leading manufacturers of linear motion systems for precision machinery, will generate consolidated revenue of up to NT$6 billion (US$193.54 million) yearly soon after its new plant in Sulin, northern Taiwan, starts ... Full Story
With brisk shale oil production spurring considerable market demand for motors in the U.S., Taiwan-based Teco Electric & Machinery Co., Ltd., an established maker of such products in Taiwan, has seen its shipments steadily grow to become a major in the country.
C.K. Liu, Teco’s chairman, notes ... Full Story
By STEVE CHUANG
According to insiders there is growing demand globally for high performance, energy-efficient, low labor input and compact machinery. And lots of Taiwanese extrusion machine makers are rising to such challenge to develop top-caliber models that help users to achieve high profit a... Full Story
With Taiwan’s machinery industry gradually recovering from last year's slump, CENS (the China Economic News Service) will boost its participation in ChinaPlas 2014 (the 28th International Exhibition on Plastics and Rubber Industries) by circulating a larger number of its industrial magazines and bu... Full Story
TECO Electric & Machinery Co., Ltd., a leading Taiwanese supplier of motors and household appliances, has landed a year-long order for large-sized commercial air conditioners from a Japanese buyer, according to the firm.
The company emphasized that this order marks its entry into the Japanese ma... Full Story
Rechi Precision Co., Ltd., a major air-conditioner compressor maker and exporter in Taiwan, recently said that its first-quarter revenue is expected to hit record quarterly high in company history, thanks to flooding orders.
In March, the company said, most of its shipments went to China's top-5... Full Story
With market demand for compressors used in air conditioners buoyant in both the U.S. and China, Rechi Precision Co., Ltd., a Taiwan’s leading manufacturer of compressors, has continued to see rosy sales this year.
According to the firm’s latest financial statements, its compressor sales totaled ... Full Story
Printing has evolved remarkably since the days of manual typesetting decades ago as used in publication and traditional manufacturing industries. Recent breakthroughs have realized 3D printing that would have seemed science fiction even a decade ago, with printed electronics also being a trend exp... Full Story
Beginning this year, Jiuh Yeh Precision Machinery Co., Ltd. has entered into the second stage of its expansion plan, aiming to boost the company’s consolidated revenue to NT$2 billion (US$66.6 million) by 2020 from 2013’s NT$600 million (US$20 million) to make its brand known globally.
The compa... Full Story
Despite market outlook remaining hazy for Taiwan’s machine-tool makers, most of the island’s leading manufacturers will launch ambitious investment projects as scheduled this year.
The incumbent chairman of both the Taiwan Machine Tool & Accessory Builders’ Association (TMBA) and Hiwin Technolog... Full Story
With markets in the U.S., the EU, and China increasingly on the mend, Taiwanese machine tool suppliers have taken in a flood of orders that have almost completely booked their production capacity for the first quarter of this year. The boom has prompted some companies to advance their capacity expa... Full Story
The 1949-founded Far East Machinery Co., Ltd. will spin off its four affiliates this year into independent companies as the first step of its plan to transform into a holding company in line with its business diversification strategy, according to chairman, K.H. Chuang.
Headquartered in Chiayi,... Full Story
Kenturn Nano. Tech. Co., Ltd., a leading spindle manufacturer in Taiwan, recently announced plans to boost its consolidated revenue to NT$10 billion (US$333.3 million) by 2020 from the estimated NT$430 million (US$14.3 million) for 2013 and NT$320 million (US$10.6 million) recorded in 2012, and go ... Full Story
In December 2013 alone, Taiwan’s machinery shipments surged 18.9% from the same month of 2012, to US$1.88 billion, bringing total shipments of the Taiwan industry for 2013 to US$19.7 billion to beat originally projected contraction rate of 2-3% year on year with a slower downtrend of 1.6%.
The T... Full Story
The machine-tool maker Tongtai Machine & Tool Co. recently entered into partnerships with the National Kaohsiung University of Applied Sciences, Cheng Shiu University, and National Kaohsiung First University of Science and Technology with the objective of entering the ranks of the world’s top-20 ma... Full Story
Machine-tool maker Kao Fong Machinery Co., Ltd. is forecast to score new high in 2013 earnings and revenue, with the latter projected to stay above NT$2 billion (US$66.6 million) and former at NT$1.5 per share.
The company predicts its 2014 revenue to rise 20% from 2013 and earnings to rise to N... Full Story
Rechi Precision Co., Ltd., a major Taiwanese maker of compressors, announced that it is targeting the shipment of a record number of more than 13 million compressors this year, 8% to 10% more than 2013.
The company also reported that it will kick off mass production of brushless DC (BLDC) motors... Full Story
Chairman of the Taiwan Association of Machinery Industry (TAMI), H.T. Hsu, recently estimated the island’s machine-tool exports at US$3.5 billion for 2013, down 16% year on year to 2007’s level. Hsu attributed the drop mostly to declining demand in China, strengthening competitiveness of Japanese m... Full Story
According to the president of the Taiwan Association of Machinery Industry (TAMI), J.C. Wang, the island’s machinery exports as whole will rise an estimated 5%-10% year on year to hit new high of US$20.5-21.5 billion or so, due mostly to recovering demand worldwide for capital equipment from aircra... Full Story
The Victor Taichung Machinery Works Co.’s board of directors has appointed Bert Huang, the current president, as the company’s first chairman after 13 years of restructuring.
The company, which was founded in 1954, fell into financial difficulty in 1998 as creditor banks froze its line of credit... Full Story
Taiwan’s leading machine-tool makers have budgeted about NT$20 billion (US$666.6 million) for production expansion in 2014 in anticipation of recovering demand in national defense, automobile, and aircraft industries.
J.C. Wang, president of the Taiwan Association of Machinery Industry (TAMI), p... Full Story
While struggling for orders throughout the first half of this year when its export value plunged 17.4% year on year to US$1.7 billion, Taiwan’s machine-tool industry has been dealing with short-term rush orders since the third quarter.
In light of such market twist, Chief Executive Officer C.C.... Full Story
Driven primarily by domestic demand, Taiwan’s mold and die industry saw its output value grow 2.2% year-on-year (YoY) or 10.5% quarter-on-quarter (QoQ) in the second quarter of this year, to NT$13.7 billion, according to the latest report from the Metal Industries Research & Development Centre (MIR... Full Story
Local operators focus on individual R&D to overlook interchange amid peers
With the rise of e-books driving printed electronics as well as sapping demand for traditional printing equipment, Taiwanese printing machine suppliers should step up going upmarket and achieving vertical integration to ... Full Story
Hiwin Technologies Corp. will spend NT$20 billion (US$666 million) in three years to add production capacity for industrial robots and automotive servo brake systems, according to chief executive officer (CEO), Eric Chuo.
Chuo says the company’s efforts in developing presence in industrial-rob... Full Story
Amid market fluctuations, Taiwanese steelmakers turned out NT$330.9 billion of products in the second quarter of this year, up 9.4% quarter-on-quarter (QoQ) but down 5.1% year-on-year (YoY), according to the latest report issued by Industry & Technology Intelligence Service (ITIS) of Metal Industri... Full Story