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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.

Taiwanese Panel Suppliers to Benefit from Rising 4K2K TV Sales in N. America

TV vendors are rolling out more affordable large-size 4K2K TV sets in North America ahead of the busy Christmas shopping season. Growing demand for the ultra high definition (UHD) sets is expected give a boost to Taiwanese suppliers of such TV panels, industry sources predict. Vizio, the second-la... Full Story

Published: 2014/10/31

Shipments of OE Embedded Telematics Systems to Hit 54.5 million in 2020: Berg Insight

Global shipments of original equipment (OE) embedded telematics systems on passenger cars are forecasted to grow from 8.4 million units in 2013 at a compound annual growth rate (CAGR) of 30.6% to reach 54.5 million units in 2020, according to a new research report by Berg Insight. Berg Insight als... Full Story

Published: 2014/10/31

KYMCO Aims to Sell 1.2 Million PTWs Worldwide in 2014

J.B. Ke, the new president of Kwang Yang Motor Co., Ltd. (KYMCO brand), the largest powered two-wheeler (PTW) manufacturer and exporter in Taiwan, recently claimed that KYMCO aims to produce and sell 1.2 million PTWs globally in 2014, including about 280,000 units in Taiwan. The group also hopes to... Full Story

Published: 2014/10/31

Luhai Seals Takes Top Spot in Global Tire Valve Market

Not too many people know that 12 out of every 100 tire valves in the world are made by the Taiwan-based Luhai Group, the world's largest maker of such product with factories in Taiwan, China (Xiamen and Kunshan), and Indonesia. But many people understand the safety-critical role these small devices... Full Story

Published: 2014/10/31

PC Shipments in APEJ Drop 5% YoY in Q3: IDC

Consumer PC shipments helped the Asia/Pacific PC market in Q3 2014, but the overall market is still contracting, IDC reports. Personal computer (PC) shipments in the Asia/Pacific (excluding Japan), or APEJ, market increased 8% sequentially, or quarter-on-quarter (QoQ) but declined 5% year-on-yea... Full Story

Published: 2014/10/31

Taiwan's Contract Assembler TPV Expects to Ship 16 M. LCD TVs in 2014

TPV Technology Ltd., a major contract LCD TV assembler headquartered in Taiwan, is expected to ship some 16 million LCD TVs in 2014, while the firm's annual TV-panel procurement from Taiwanese suppliers is estimated to hit about NT$100 billion (US$3.33 billion). In H1, 2014, TPV shipped 7.4 ... Full Story

Published: 2014/10/31

Taiwan's Export Order Value Hits Record High of US$43.3B. in September

The value of export orders received by Taiwan’s manufacturers and traders in September rose an annual 13.4% to hit a record monthly high of US$43.31 billion, according to the statistics released by Taiwan's Ministry of Economic Affairs (MOEA). Such rising figure was due mainly to increasing ord... Full Story

Published: 2014/10/30

Radiant Now Sole Backlighting Supplier for Apple's iPad Air 2

Due to higher technical threshold of Apple's new iPad Air 2 tablet PC, Radiant Opto-electronics Corp., a major supplier of flat panel display (FPD) backlighting modules based in Taiwan, has become the sole supplier, according to industry sources. Two Taiwanese companies, including Radiant and Co... Full Story

Published: 2014/10/29

Hotai Aims to Sell 13,000 Imported Lexus Cars in Taiwan This Year

With its imported Lexus luxury cars proving to be highly popular in Taiwan, Hotai Motor Co.,Ltd., agent of Toyota and Lexus models and the long-term No. 1 auto vendor in Taiwan, recently hiked its Lexus sales target for 2014 from Lexus from 11,000 to 13,000 units. The German brands Mercedes-Benz... Full Story

Published: 2014/10/28

Proposal to Allow Foreign Laborers in Taiwan to Renew Contract Without Exiting

Taiwan’s Ministry of Labor (MOL) has recently approved the proposal to revise the existing employment services act to nullify the rule requiring foreign workers to exit Taiwan after a three-year contract, who shall still have to reapply if intending to resume work in Taiwan. After the Taiwan Leg... Full Story

Published: 2014/10/28

Taiwan's Sanyang and Korean Kia Sign 4-year Deal to Assemble Cars in Taiwan

Sanyang Industry Co., Ltd. of Taiwan, maker of automobiles and powered two-wheelers (PTWs), signed a cooperation agreement, effective August 1, 2014 to July 31, 2018, with Korean automaker Kia Motor Corp. to assemble vehicles on the island over the next four years. Sanyang already assembles Hyun... Full Story

Published: 2014/10/28

Some 102,000 Retired in Taiwan in 2013 to Exceed 100,000 the First Time

Some 102,000 people retired in Taiwan in 2013 to exceed 100,000 for the first time, exceeding the peak of 97,000 in 2008 when the global financial tsunami occurred, according to a survey by Taiwan's Directorate General of Budget, Accounting and Statistics (DGBAS). C. S. Huang, director of DGBAS’... Full Story

Published: 2014/10/28

Taiwan's ARTC and China's SMVIC Sign MOU for E-scooter Standards & Testing

Technicians of the Automotive Research & Testing Center (ARTC), a transportation vehicle testing and R&D body in Taiwan, and Shanghai Motor Vehicle Inspection Center (SMVIC), a national-level integrated motor vehicle inspection body in China, met for the second time in Taiwan at a technical forum h... Full Story

Published: 2014/10/28

Taiwan's Tax Revenue Estimated to Exceed Goal by NT$90B. for 2014

Taiwan collected tax revenues totaling NT$1.5251 trillion (US$50.84 billion) in the first nine months, the highest of its kind and up 7.6% year on year, according to the statistics released by Taiwan's Ministry of Finance (MOF). Collections of business, housing, license, luxury, commodity, and i... Full Story

Published: 2014/10/27

Hotai Still the Most-profitable Auto Vendor in Taiwan in H1, 2014

Hotai Motor Co. Ltd., Taiwan's agent of Toyota and Lexus and a major car vendor in Taiwan in the past 12 years, recently announced operational results for H1, including net earnings of NT$4.75 billion (US$158.2 million), up 25.7% YoY, and earnings per share (EPS) of NT$8.69 (US$0.29), compared to ... Full Story

Published: 2014/10/27

Yulon Targets Selling 60,000 Luxgens in Taiwan and China in 2014

Yulon Group of Taiwan, a major carmaking and sales conglomerate on the island, recently said sales of its own Luxgen U6 crossover in Taiwan and China are promising, according to Yulon chairman Chen Kuo-rong. Yulon launched the U6 crossover in China with its Chinese subsidiary Dongfeng Yulon Moto... Full Story

Published: 2014/10/27

Taiwan's Kenda to Step up Development in ASEAN

Yang Yin-ming, chairman of Kenda Rubber Ind. Co., Ltd., a major tire maker headquartered in Taiwan, recently said the company plans to accelerate business deployment in the Association of Southeast Asian Nations (ASEAN) market to take advantage of booming motorcycle and bicycle sales. Kenda pla... Full Story

Published: 2014/10/27

Wages in Taiwan Edge up 0.6% in 2013

The average pay in Taiwan came to NT$636,000 (US$21,200) in 2013, or NT$53,000 (US$1,766.7) a month to have edged up 0.6% or NT$3,600 (US$120) from a year earlier, according to a survey by the Directorate General of Budget, Accounting and Statistics (DGBAS). Of the pay increase, only NT$900 (US$... Full Story

Published: 2014/10/27

Primax Buys 30% in Taiwan's Global Tek to Tap Auto-parts and Ind. Instrument Lines

Primax Electronics Ltd., an electronics company in Taiwan, recently announced to acquire a 30% stake in Taiwan's Global Tek Fabrication Co., Ltd. to offer machining of precision parts, for about NT$545 million (US$18.2 million) per share. Aiming to tap auto-parts and industrial instrument sector... Full Story

Published: 2014/10/24

Fubon Reigns as Taiwan's Most Profitable FHC in First 9 Months

Taiwan’s 14 financial holding companies (FHCs) posted profits exceeding NT$250 billion (US$8.33 billion) in the first nine months, surging 55% year on year. In the period the top-two profit gainers were Fubon Financial Holding Co. and Cathay Financial Holding Co., both with banking and life ins... Full Story

Published: 2014/10/24

Bicycle Makers Report Good Results in First 9 Months

Strong peak-season demand is boosting the revenues of bicycle manufacturers in Taiwan. Thee Giant Manufacturing Co. Taiwan's and the world's largest maker of assembled bicycles, reported consolidate group revenues of NT$5.72 billion (US$190.7 million) for September, up 15.4% from a year earlier,... Full Story

Published: 2014/10/21

Nexgen Launches 1st Taiwan-made 65-inch 4K2K Curved TV

Nexgen Mediatech Inc. of Taiwan, a display product vendor in Taiwan, recently launched the island's first locally produced 65-inch TV with 4K2K (UHD or Ultra High Definition) curved display. Globally marketing TVs with its own Chimei brand, the vendor is an affiliate of Taiwan's Chimei Group, th... Full Story

Published: 2014/10/21

Quanta Hits Record Monthly Revenue in Sept.

Quanta Computer Inc. of Taiwan, a major notebook PC contract supplier, recently announced operation results for the first three quarters. Thanks to demand during Thanksgiving in Europe and the U.S., Quanta's September revenue hit a record monthly high this year of NT$85.16 billion (US$2.84 bil... Full Story

Published: 2014/10/21

Taiwan's PMI Hits 6-Month Low of 53.3 in September

Taiwan’s purchasing managers’ index (PMI) dropped to 53.3 in September, down 2.1 points from a month earlier to the lowest level since March this year, according to the Chung-Hua Institution for Economic Research (CIER). CIER president C. S. Wu notes that PMI, an indicator of the economic health... Full Story

Published: 2014/10/21

TSE-listed Auto-parts Makers Report Record Results for First 9 Months

Several Taiwan-listed auto-parts companies announce three-quarter earnings. Cub Elecparts Inc., a major automotive electronics manufacturer, chalked up revenues of NT$196 million (US$6.5 million) in September, 61.6% more than a year earlier. The company's January-September revenues were NT$2.28 ... Full Story

Published: 2014/10/21

Taiwan to Promulgate New Vehicle Fuel-consumption

Trying to emulate industrially advanced nations, the Taiwanese government plans to promulgate new vehicle fuel-economy rules in 2017 to subject auto vendors to maximum fuel-consumption. A vendor selling vehicles whose fuel consumption exceeds the stipulated volume will be prohibited from selling f... Full Story

Published: 2014/10/20

Taiwan's Export Value Declines 5.9% to US$26.4B in September

Taiwan’s export value reached US$26.4 billion in September, down 5.9% from US$28.1 billion of the previous month, yet up 4.7% year on year, according to the statistics released by Taiwan's Ministry of Finance (MOF). M.T. Yeh, director of the Department of Statistics under MOF, attributes the m... Full Story

Published: 2014/10/20

AUO Reports Q2 Net Earnings of NT$4.02 B.

AU Optronics Corp. (AUO), a major maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, just announced September consolidated revenue of NT$35.62 billion (US$1.19 billion), up 0.3% month-on-month (MoM), but down 3.5% year-on-year (YoY). The firm reported cumulative Q3 ... Full Story

Published: 2014/10/17

Mazda to Transform Into a Pure-imported Car Brand in Taiwan

Japanese automaker Mazda recently announced the kick-off of operations at its new national sales company in Taiwan, Mazda Motor Taiwan (MMT). MMT will plan and implement branding and sales strategies aimed at boosting sales on the island. The local subsidiary has announced that the assembly of i... Full Story

Published: 2014/10/17

Taiwan's CPI Growth Marks 7-Month Low of 0.72% in September

The annual growth of Taiwan’s consumer price index (CPI) declined sharply to 0.72% in September, a seven-month low, and growth for the whole year is expected to be lower than the previously predicted 1.64%, according to the Cabinet-level Directorate General of Budget, Accounting & Statistics (DGBAS... Full Story

Published: 2014/10/17

 
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