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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.

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

ARTC Conducts Real-vehicle Demonstration of Autonomous-drive Technologies

By QUINCY LIANG Taiwan's top transportation vehicle R&D and testing institution, the Automotive Research & Testing Center (ARTC), recently showcased a total of 13 technologies related to autonomous driving. The technologies have already been integrated in the center's autonomous car prototypes. ... Full Story

Published: 2014/09/19

Major Auto-parts Makers in Taiwan Aggressively Expand Production Capacity to Take More Orders

Several Taiwan Stock Exchange (TSE)-listed auto-parts makers have completed production-capacity expansions to take foreseeable flooding orders in Q4, a peak season for the industry. Thanks to significant recovery of global new car sales, the auto-parts industry has been enjoying strong demand gr... Full Story

Published: 2014/09/19

Taiwan's Forex Reserves Slightly Down to US$423B. in August

Taiwan’s foreign exchange reserves slightly dropped US$595 million from a month earlier to US$423.066 billion in August, yet making Taiwan remain the world’s fourth largest holder of forex reserves, next to China, Japan and Russia, according to Taiwan's central bank. The central bank attributes ... Full Story

Published: 2014/09/19

Taiwan's Exports Hit Record High of US$208.24B in First 8 Months

Thanks to strong market demand for electronic products, Taiwan’s exports reached US$28.102 billion in August, a new 3-year monthly high, for a monthly growth of 5% or annual growth of 9.6%, with the first-eight-month export value rising 3.4% from a year earlier to US$208.24 billion, the highest of ... Full Story

Published: 2014/09/19

Taiwan's Credit-Card Spending Predicted to Break NT$2 Trillion This Year

Taiwan’s credit-card spending reached NT$179.6 billion (US$5.99 billion) in July, bringing such spending to a total of NT$1.1877 trillion (US$39.59 billion) during the first seven months of the year for an annual growth of 7.44%, according to statistics released by Financial Supervisory Commission ... Full Story

Published: 2014/09/19

Perng Awarded as “A” Central Banker for 10th Straight Year in 2014

F. N. Perng, governor of Taiwan’s central bank, is ranked as one of the world’s seven best central bankers in 2014 by "Global Finance" magazine. This is the 10th year in a row that Perng has been ranked in the top tier of central bankers. The “Central Banker Report Card” feature, published annua... Full Story

Published: 2014/09/19

Taiwan's Basic Monthly Wage Hiked to NT$20,008

H. W. Chen, Taiwan's newly appointed labor minister, recently announced that the island's basic monthly wages will be lifted to NT$20,008 (US$666.93) from the existing NT$19,273 (US$642.43), effective July 2015, for an increase of NT$735 (US$24.5) or 3.81%. At the same time, the minimum hourly pay ... Full Story

Published: 2014/09/18

Total Shipments of Embedded Auto OEM Telematics Systems to Reach 8.4 M. by 2020: Berg Insight

Besides hybrid propulsion systems and vehicle electrification, one of the most important advancements in global automotive industry is the rapidly increasing adoption of telematics. After many years of development, telematics has gained momentum and virtually all of the world’s leading car manufact... Full Story

Published: 2014/09/17

Taiwan Drops 2 Notches to 14th in GCI for 2014: WEF

Taiwan has fallen two notches from a year earlier to globally 14th this year in the global competitiveness index (GCI) compiled by the Switzerland-based World Economic Forum (WEF). The WEF has for many years been assessing the productive potential of nations and regions. This year WEF assessed 1... Full Story

Published: 2014/09/17

Taiwan Ranks 18th Happiest Among OECD Members in 2014: DGBAS

Taiwan advanced one notch this year to be No. 18 among the 37 members of the Organization for Economic Cooperation and Development (OECD) in gross national happiness (GNH) index, according to Taiwan's Directorate General of Budget, Accounting and Statistics (DGBAS). Taiwan scored 6.93 out of 10 ... Full Story

Published: 2014/09/17

Taiwan's CPI Growth Hits 18-Month High of 2.07% in August

Taiwan’s consumer price index (CPI) surged 2.07% year-on-year in August and the core CPI, excluding prices of fresh food and energy, went up 1.67%, both the highest of their kinds in 18 months, according to Taiwan's Directorate General of Budget, Accounting & Statistics (DGBAS). DGBAS attribute... Full Story

Published: 2014/09/17

AUO Plans 6G LTPS Panel Factory in China

AU Optronics Corp. (AUO), a major maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, plans to set up a low temperature poly-silicon (LTPS) TFT factory in Kunshan, Jiangsu Province of China in 2016 to further build capacity for high-resolution and -end smartphone panels... Full Story

Published: 2014/09/16

Francis Liang Replaces C.K. Wang as TAITRA Head

Francis Liang, former deputy economics minister, has been appointed to replace C.K. Wang as head of the Taiwan External Trade Development Council (TAITRA). Wang led TAITRA for six years. Upon assuming his new position, Liang set three directions for TAITRA to follow: continued development of the... Full Story

Published: 2014/09/16

Asensetek's Handset-sized Spectrometers Provide Convenient LED Light Testing
New products help manufacturers provide proof of their quality

By KEN LIU With manufacturers rushing to come out with LED lighting products that can differentiate them from their rivals, it is becoming increasingly important for them to prove the quality of the light their offerings produce. Spectrometer maker AsenseTek Inc. is addressing this issue with... Full Story

Published: 2014/09/16

Hon Hai to Keep Investing in EV Biz in Shanxi Province, China: Chairman Guo

Hon Hai Group of Taiwan, a major EMS (electronics manufacturing services) provider globally, will continue to invest in Shanxi Province of China to aggressively develop the EV (electric vehicle) business, said group chairman Terry Guo, at the 2014 World Jin-Merchant Convention in Shanxi recently, a... Full Story

Published: 2014/09/16

Tire Maker Kenda to Start Construction of 2 Factories in China

Kenda Rubber Ind. Co., Ltd., a major tire maker in Taiwan, recently announced its scheduled start of construction of two tire factories in China by the end of the year, including the second factory in Kunshan (Jiangsu Province) and another in Huizhou (Guangdong province), with the plant constructio... Full Story

Published: 2014/09/16

Taiwan's Manufacturing PMI Hit 3-Month Low of 55.4 in August

Taiwan’s purchasing managers’ index (PMI) of the manufacturing industry declined 3.1 from a month earlier to hit a three-month low of 55.4 in August, according to Taiwan's Chung-Hua Institution for Economic Research (CHIER). Among the five factors that constitute the manufacturing PMI, new order... Full Story

Published: 2014/09/15

Daylight Tubular Device Adds Power to Green Lighting
New natural lighting systems save electricity and the environment at the same time

By MICHELLE HSU Since around the beginning of this year, consumers may have noticed reports in newspapers and magazines about a “daylight tubular device” (DTD) which, as its name implies, works on the principle of efficiently collecting natural light in a dome, introducing it into a tube, and en... Full Story

Published: 2014/09/12

Panel Makers, Research Institutes Unveil Eye-catching Technologies & Products at 2014 Touch Taiwan
Innovation seen as key to Taiwan's survival in an increasingly crowded market

By QUINCY LIANG Taiwan's flat panel display (FPD) industry has a long history and enjoyed close attention and investment from both the government and private sectors. But in recent years, local FPD makers have been facing increasingly high pressure from South Korean and Chinese counterparts in b... Full Story

Published: 2014/09/12

Wooden Lamps: Natural and Rustic Meet Stylish and Modern
Wood is re-emerging as one of the most fashionable materials in lighting product today

By MICHELLE HSU Wood is one of the most ancient of materials. But until recently, it was rarely used in lighting products. Today's new generation of energy-efficient lighting seems especially incongruent with wood due to its high-tech nature. In fact, though, wood has been making a splash in new... Full Story

Published: 2014/09/12

Annual PEV Sales in Major Markets to Grow to 1.8 M. Units: Navigant Research

Faster or slower, expanding sales of electric vehicles (EVs) is an irreversible trend already, as environment protection, decreasing oil reserve, and sustainability of our earth can only be increasingly important. While plug-in electric vehicles (PEVs) are available in all U.S. states, most Cana... Full Story

Published: 2014/09/11

Giant and Merida Report Promising H1 Operational Results

Thanks to recovering demand from major markets the U.S. and Europe, Taiwan's top-two bicycle manufacturers Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd. reported increased export volume, revenue and earnings in the first half (H1) of the year. Merida recently reported H1 operationa... Full Story

Published: 2014/09/11

International Lighting Market Continues to be Rosy
Taiwan's LED suppliers hope auto-light niche will help upgrade their profit margins

By MICHELLE HSU The outlook for the international lighting market is bright, and Taiwanese manufacturers are well positioned to take advantage of the rosy prospects. Many of the island's lighting companies with their sights set on the mainland Chinese market, such as the LED lighting manufacture... Full Story

Published: 2014/09/10

Taiwan's New Car Sales Up 8.8% in Aug. with Imports' Share Hitting 40%

New-car sales in Taiwan typically dips during the Ghost Month in August, except this year that climbed 8.8% from a year earlier, or year-on-year (YoY) to 23,183 units, according to statistics compiled by Taiwan's Ministry of Transportation and Communications (MOTC). Justin Su, president of auto ... Full Story

Published: 2014/09/10

Taiwan's Major Auto-parts Makers Optimistic About Q4

Tong Yang Industrial Co., Ltd. of Taiwan, a major maker of aftermarket (AM) plastic body-parts and original equipment (OE) parts supplier to international automakers, recently expressed optimism towards Q4 operations, thanks to completion of capacity expansions for both AM and OE products. Hota ... Full Story

Published: 2014/09/09

Cathay Financial of Taiwan to Invest in RCBC of Philippines

To expand operations in Asia, Cathay Financial Holding Co., a major private financial holding company in Taiwan, is reportedly considering spending NT$15-20 billion (US$500-666.67 million) to acquire 20%-30% stake in Rizal Commercial Banking Corp. (RCBC), a mid-sized bank in the Philippines. Est... Full Story

Published: 2014/09/05

Most Taiwan's Employers Prefer Grads with Relevant Internship Training

Most of Taiwan’s employers are willing to offer higher salaries to new graduates according to a survey by Manpower Group (Taiwan), a workforce solution & consulting firm. Manpower surveyed 1,000 employers in Taiwan in July 2014 to learn about job opportunities and starting salaries for fresh col... Full Story

Published: 2014/09/05

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