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Industry In-Focus > Machinery & Machine 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.

Industry Execs Predict 10% Rise in Taiwan's Machinery and Machine Tool Exports in 2015

Compiled By KEN LIU Industry executives predict both Taiwan’s exports of machinery and machine tools to rise 10 percent this year from last year based on strong exports in January 2015 due to sustained growth in demand from global automakers and aircraft builders. According to Chairman S.... Full Story

Published: 2015/03/04

Taiwan-made Controllers to Debut as Theme in Booth at TIMTOS 2015

For the first time, Taiwan-made controllers will be the theme at the Taipei International Machine Tool Show (TIMTOS) 2015, to be staged March 3-8, as the island’s machine-tool industry attempts to enhance product value when the market increasingly becomes more challenging globally. Backed by the... Full Story

Published: 2015/03/02

TITMOS 2015 in Taipei to Set New High in Turnout

Compiled by KEN LIU The Taipei International Machine Tool Show (TIMTOS) 2015, staged March 3-8, is projected to draw over 1,000 exhibitors from 17 nations to occupy 5,400 booths this year, setting new high and unseating the Japan Machine Tool Fair as the No.2 machine-tool event in Asia, acco... Full Story

Published: 2015/02/09

TAMI Chairman in Taiwan Forecasts 10% Rise in Exports of Machinery by Local Makers

Compiled by KEN LIU Chairman H.C. Hsu of the Taiwan Association of Machinery Industry (TAMI) projects the island’s exports of machinery including machine tools to rise 10% this year from last year, with its precision machinery industry to generate revenue up to NT$1 trillion (US$32.25 billion) i... Full Story

Published: 2015/02/02

Fair Friend Chairman Targets to Lead Global Machine Tool Sector

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

Published: 2015/01/26

Taiwan Machinery Industry Faces Currency Headwinds

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

Published: 2015/01/12

Victor Taichung Machinery to Start from Scratch in 2014 After Restructuring

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

Published: 2014/12/31

L&L Machinery of Taiwan Targets US$1 Bn. Revenue in 3 Years via Diversification

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

Published: 2014/12/30

TBI's Yearly Revenue to Rise US$193 M. with Startup of Plant in Northern Taiwan

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

Published: 2014/12/24

Teco's Motor Business Revved up by American Shale Oil Production

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

Published: 2014/12/04

Taiwanese Extrusion Machinery Makers Meet Demand for High Performance, Energy Efficiency and Low-Cost

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

Published: 2014/08/14

CENS to Support Taiwan's Machinery Industry Recovery at ChinaPlas 2014

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

Published: 2014/04/10

TECO Lands Year-long Order for Commercial Air Con from Japan

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

Published: 2014/04/03

Rechi to Hit Record Q1 Revenue in Company History: The Company

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

Published: 2014/03/19

Rechi's Sales Simmers in Early 2014 as Overseas Demand for Compressors Surges

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

Published: 2014/03/13

Rise of Printed Electronics Opens Door to Upgrading for Taiwanese Printing Machine Makers

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

Published: 2014/02/19

Jiuh Yeh Precision Machinery Enters Second Stage of Expanson Project

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

Published: 2014/02/12

Taiwan's Machine Tool Makers Launch Investmet Projects Amid Hazy Outlook

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

Published: 2014/02/12

Taiwanese Machine Tool Suppliers See Flood of Orders in Q1, 2014

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

Published: 2014/02/06

Far East Machinery Transforms into Holding Company

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

Published: 2014/02/05

Kenturn Announces Ambitious Diversification Plan

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

Published: 2014/01/28

Strong Decmeber Shipments Slow 2013 Downtrend in Taiwan's Machienry Exports

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

Published: 2014/01/20

Tongtai Machine & Tool Partners with Three Universities, Targets Top-20 Status

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

Published: 2014/01/10

Kao Fong Machinery to Set New Highs in 2013 Earnings and Revenue

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

Published: 2014/01/09

Rechi to Kick Off BLDC Motor Production in Taiwan, China in Q3, 2014

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

Published: 2014/01/08

Taiwan's Machine Tool Export Estimated to Drop 16% YoY in 2013

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

Published: 2014/01/07

Taiwan's Machinery Export Forecast to Rise 10% YoY in 2014

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

Published: 2014/01/06

Victor Taichung Machinery Has New Chairman
After 13 Years

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

Published: 2014/01/02

Taiwan's leading machine tool makers ready prodution expansion for 2014

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

Published: 2013/12/23

Short-term Rush Orders Reverse Trend for Taiwan's Machine Tool Industry

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

Published: 2013/11/18

 
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