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Industry In-Focus > General Economy
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.

Smartphone Online Shoppers to Outstrip 50% by Year-end: Yahoo Taiwan

Some 2.38 million in Taiwan shopped online using smartphones in the first half (H1) of 2014, up 30% year on year, to account for 44.6% of the total online shoppers in Taiwan, according to Yahoo Taiwan. A senior manager of Yahoo Taiwan's e-commerce business division said the proportional growth o... Full Story

Published: 2014/09/30

CMC's e-Scooter Market Share in Taiwan Exceeds 80% in Jan.-Aug.

China Motor Corp. (CMC), an affiliate of Taiwan's Yulon Group that locally assembles automobiles and produces e-scooters, recently announced its goal of shipping 5,000 e-scooters in 2014. CMC assembles Mitsubishi passenger cars and commercial vehicles, and is also the R&D and production arm ... Full Story

Published: 2014/09/30

Taiwan's August Jobless Rate Hits 14-Year Low for Same Month at 4.08%

Taiwan’s jobless rate was 4.08% in August, slightly up over 4.02% of a month earlier, yet the lowest for the month in 14 years, with the 2014 percentage very likely to be under 4%, according to the Directorate General of Budget, Accounting and Statistics (DGBAS). In the first eight months the av... Full Story

Published: 2014/09/30

Taiwanese TV-panel Suppliers to Raise Shipments to Korean and Chinese Customers

Increasing demand from South Korean and Chinese TV vendors are expected to greatly benefit Taiwanese TV-panel suppliers to raise their revenues and profits. A senior manager of WitsView Technology Corp., a LCD market research firm, said strong demand comes from Chinese LCD TV vendors, who have b... Full Story

Published: 2014/09/30

Chang Hong Takes Aim at LFPO Power Cell Market

By QUINCY LIANG Chang Hong Co., Ltd. is positioning to become the the world's largest producer of lithium iron phosphate oxide (LFPO) high energy-density power cells. Company chairman Chen Ming-der recently announced that his firm started mass producing the cells in May, 2014, and the company's ... Full Story

Published: 2014/09/29

ARTC-UTAC EMC Certification Tie-up Gives Taiwan's Auto Electronics Sector a Boost

By QUINCY LIANG Taiwan's Automotive Research & Testing Center (ARTC) recently announced its selection as the first overseas institute approved by the Union Technique de I'Automobile du motorcycle et du Cycle (UTAC) of France to provide electro-magnetic compatibility (EMC) certification services fo... Full Story

Published: 2014/09/29

Taiwan Gov't to Boost Subsidies for E-scooters

The Executive Yuan (Cabinet) recently issued a green light to a new subsidy program to encourage adoption of eco-friendly electric scooters (e-scooters) in Taiwan. The program will be effective from October 1, 2014, to the end of 2018. Small/light e-scooters purchased during that time will be elig... Full Story

Published: 2014/09/26

Taiwan's Export Order Value Grows 5.2% to US$38.21B. in August

The value of export orders received by Taiwan’s manufacturers and traders reached US$38.21 billion in August for an annual rise of 5.2%, the seventh consecutive monthly growth, according to the statistics released by Taiwan's Ministry of Economic Affairs (MOEA). L. C. Lin, director of the Statis... Full Story

Published: 2014/09/26

Taiwan Government Promotes 77 Investment Projects Totaling US$84.5B. in First 8 Months

Some 77 investment projects have been promoted by Taiwan's government in the first eight months of this year with value of NT$84.5 billion (US$2.82 billion), nearing the full-year goal of NT$100 billion (US$3.33 billion), according to Taiwan's Ministry of Finance (MOF). Compared to the same per... Full Story

Published: 2014/09/26

Mercedes-Benz Taiwan Aims to Sell Record 18,000 New Cars in Taiwan in 2014

Eckart Mayer, president & CEO of Mercedes-Benz Taiwan Ltd., the local subsidiary of the German luxury car brand, recently said that his company expects to sell a record 18,000 cars in Taiwan this year and increase the number to about 20,000 in 2015. Driven by hot sales of entry-level models, Merce... Full Story

Published: 2014/09/26

Taiwan's First Local Budget Flyer V Air Plans Maiden Flight to Bangkok in Nov. or Dec.

V Air, fully-owned by Taiwan-based TransAsia Airways to be Taiwan’s first locally-established low-cost airline, targets Bangkok, Thailand for its maiden flight to take off in either November or December. Tigerair Taiwan, another budget carrier and joint venture between Taiwan’s China Airlines an... Full Story

Published: 2014/09/26

Cub Wins TPMS Order from German Distributor for Snow-tire Application

Cub Elecparts Inc., Taiwan Stock Exchange (TSE)-listed maker of automotive electronics products, recently inaugurated a production line to produce tire pressure monitoring systems (TPMS) at its new factory in Taiwan, and said the line has maximum monthly production capacity of 200,000 TPMS sensor... Full Story

Published: 2014/09/26

Winners of 2014 Automechanika Innovation Awards Unveiled

As an important event attached to the world's largest auto-parts trade show Automechanika Frankfurt, the Automechanika Innovation Awards is the most coveted innovation contest in the global automotive industry that honors innovations in auto parts development, pushes the next wave in the industry, ... Full Story

Published: 2014/09/26

Makalot Sees 27.4% Growth in Profits in First 8 Months

The Makalot Industrial Co., Taiwan’s leading garment maker, recently announced that its profit for the first eight months of 2014 reached NT$1.375 billion (US$45.83 million), for an annual growth of 27.4%, yielding earnings per share (EPS) of NT$7.96 (US$0.27). In the same period the company’s r... Full Story

Published: 2014/09/25

Taiwan Banks Record Slow Rise in RMB Deposits

Taiwan's renminbi (RMB) deposits reached a record 295.2 billion RMB (about NT$1.417 trillion, or US$47.23 billion) in August, for a marginal monthly rise of 0.76% or 2.218 billion RMB (about NT$10.65 billion or US$355 million), according to the Central Bank. A senior Central Bank official notes ... Full Story

Published: 2014/09/25

Taiwan's Life Expectancy 3rd Longest in Asia

The life span of Taiwanese people averages 79.12 years, the third longest in Asia, with life expectancy being 75.96 years for males and 82.47 for females, according to a census conducted by the Ministry of the Interior (MOI). According to the census results, over 90% of Taiwanese females live mo... Full Story

Published: 2014/09/25

Hon Hai and Partner in China to Provide Telematics Services

Foxconn Group, part of Taiwan-headquartered Hon Hai Group, recently signed a cooperation agreement with a security company in Jiangxi Province, China, calling for the two parties to set up an open telematics operation center in the Nanchang Hi-Tech Zone, scheduled to start trial operation in Janu... Full Story

Published: 2014/09/25

Taiwan's Bank Exposure to China Hit Record High of US$92.65B. as of June

China was the largest debtor of Taiwan’s domestic banks for the fourth consecutive quarter as of the end of June, with outstanding international claims of such banks, including offshore banking units, to China hit a record high of US$92.655 billion on ultimate risk basis, according to statistics co... Full Story

Published: 2014/09/25

China Airlines Moves up to Globally 6th as Cargo Carrier in 2013

China Airlines, Taiwan’s flag carrier, advanced one notch to become world’s sixth largest cargo shipper last year, according to Canada-based International Air Transport Association (IATA). In 2013 China Airlines carried consigned goods of 1.197 million tons, up 8.9% from 2012’s 1.099 million ton... Full Story

Published: 2014/09/25

Garment Makers Makalot and Eclat of Taiwan Expect Double-Digit Growths in Revenues This Year

Thanks to increasing orders from American and European clients, Taiwan’s two major garment makers—Makalot Industrial Co. and Eclat Textile Co.—expect double-digit growths in revenues this year. Eclat continues to expand operations in Vietnam, with the second-stage construction of its plant in Nh... Full Story

Published: 2014/09/25

Tong Yang Triples OE-parts Production Capacity with Restructured Guanyin Factory

Tong Yang Industrial Co., Ltd., a major auto-parts manufacturer in Taiwan, recently kicked off mass production of a new coating line at the company's original equipment (OE) auto-parts factory in Guanyin, northern Taiwan, which triples its OE-parts production capacity. Tong Yang says the new co... Full Story

Published: 2014/09/25

Taiwan's Tax Revenues Projected to Exceed 2014 Target by NT$46B.

Taiwan’s tax revenues totaled NT$1,299.9 billion (US$43.33 billion) in the first eight months of this year, the highest amount ever for the comparable months and NT$37.8 billion (US$1.26 billion) more than the target for the period, according to statistics released by the Ministry of Finance (MOF).... Full Story

Published: 2014/09/24

Taiwanese Enterprises to Add an Estimated 54,000 Employees in Q4

Taiwan companies will add an estimated 54,000 employees in the fourth quarter of this year, the highest Q4 increase in three years and marking the first positive Q4 growth in five years, according to a survey conducted recently by the Ministry of Labor (MOL). The survey, which was carried out in... Full Story

Published: 2014/09/24

Taiwan's Luxury Tax on Real Estate Totals US$9B in Three Years

To curb real estate speculation and narrow wealth gap, Taiwan's Ministry of Finance (MOF) started about three years ago to levy luxury tax on high-end residences and luxury cars, yachts, jewelry, fur coats, designer furniture, private jets etc. As of the end of May of this year MOF collected l... Full Story

Published: 2014/09/24

Hotai of Taiwan Targets No. 1 in Domestic Commercial-truck Segment

Hotai Motor Co. Ltd., Taiwan's agent of Toyotas and commercial vehicles as well as a major passenger-car vendor in Taiwan in the past 12 years, recently launched its first locally- assembled hybrid commercial truck series, the Hino 300 in 3.49-, 6.5- and 8-ton models. The vendor says its Hino se... Full Story

Published: 2014/09/24

BriView to Become World's No. 2 LCD TV Contract Assembler

Driven by increasing orders from major Japanese TV vendors, including Sony, Sharp, Toshiba and Panasonic, Taiwanese contract LCD TV assemblers are seeing rising revenues and profits. BriView Technology Corp., an affiliate of the AUO Group, is expected to become the world's second-largest contrac... Full Story

Published: 2014/09/24

Taiwan's 15 FHCs To Gain Projected Profits of NT$230B. in First 8 Months

Taiwan’s 15 financial holding companies (FHCs) are projected to post after-tax profits of nearly NT$230 billion (US$7.67 billion) in the first eight months, for a sizable annual growth of 50%. As of the end of August, all 15 FHCs publicized profits gained in the first eight months except Taiwan ... Full Story

Published: 2014/09/23

Acer's Revenue Up 19% MoM in Aug.

Acer Inc. of Taiwan, a major global personal computer (PC) vendor, recently announced registered consolidated revenue of NT$29.85 billion (US$995.1 million) in Augusts, up 18.9% from the previous month, or month-on-month (MoM). Some institutional investors forecast Acer's monthly revenues for th... Full Story

Published: 2014/09/22

FSC Plans Easing Restrictions on Reinvestments by Domestic Banks

To encourage Taiwan's domestic banks to expand overseas operations, Financial Supervisory Commission (FSC) plans to ease restrictions on bank investments by raising the ceiling of such investment to 40% of net equity from the current 40% of paid-in capital. FSC statistics show that the paid-in c... Full Story

Published: 2014/09/22

Central Bank Allows Domestic Bank Overseas Branches to Operate NT-Dollar-Based NDF Business

Taiwan’s central bank has recently announced lifting the ban on New-Taiwan-Dollar-based non-delivery forward (NDF) business operated by overseas branches of domestic banks. This means that overseas branches of domestic banks can now apply with the Financial Supervisory Commission (FSC) to handle... Full Story

Published: 2014/09/22

 
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