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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.

Compressor Maker Rechi to Challenge Annual Shipments of 15 M. in 2015

Rechi Precision Co., Ltd., Taiwan's largest and the world's fourth-largest supplier of compressors for air conditioners by shipments, recently claimed that it aims to ship 15 million compressors and about one million brushless DC (BLDC) fan motors in 2015. The company claimed that it shipped a t... Full Story

Published: 2015/01/26

Taiwan to Stop Subsidizing High-priced, Big-displacement Hybrid Cars

Taiwan's Ministry of Finance (MOF) recently promulgated a rule to stop subsidizing hybrid cars unable to meet any one of four criteria: sub-NT$1 million (US$33,333) retail price, sub-3,000c.c. engine displacement, sub-19 km-per-liter fuel efficiency, and sub-120 g-per-km carbon emissions. The im... Full Story

Published: 2015/01/26

TYC Group Completes Global Division-of-Labor Plan Consisting of Three Firms

TYC Brothers Industrial Co., Ltd., a leading auto-lamp maker in Taiwan, recently said it has completed a global division-of-labor plan whereby three companies will handle individual business deployments in major markets. The division-of-labor plan calls for the flagship firm, TYC, to handle main... Full Story

Published: 2015/01/26

Taiwanese FPD Makers Continue Developing Automotive Application Market

While increasing number of Taiwanese companies in the flat panel display (FPD) industry continue to develop business in the rapidly expanding automotive application market, the latest report released by the international display-market research firm DisplaySearch shows that with more safety feature... Full Story

Published: 2015/01/26

Taiwan's 2014 New-car Sales Hit 9-year High of 423,829 Units

Driven by strong sales in most months, new-car sales in Taiwan totaled 423,829 units in 2014, up 12% from a year earlier (378,456 units sold) to set a 9-year volume high since 2005 (around 500,000 units sold). Most auto vendors and distributors are optimistic about continuing rise in demand in 2... Full Story

Published: 2015/01/26

Gogoro Launches World's 1st Smartscooter at CES in Las Vegas

At the Consumer Electronics Show (CES) held in January 2015 in Las Vegas, Gogoro, a young and innovative Taiwanese company targeting to transform energy distribution and management in megacities, unveiled the world’s first high-performance, zero emissions, two-wheeled electric vehicle, the Gogoro S... Full Story

Published: 2015/01/26

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

ARTC Sets up Corrosion Test Lab for Vehicles & Parts in Central Taiwan

To help Taiwan's automotive industry build a comprehensive range of corrosion testing capabilities, key to local development and certification of parts production, the Automotive Research & Testing Center (ARTC), a major transportation vehicle testing and R&D institute in Taiwan, recently announce... Full Story

Published: 2015/01/26

Taiwan Exports Record 96,000 Cars in 2014

The Automotive Research & Testing Center (ARTC), a key transportation vehicle testing and R&D hub in Taiwan, recently said new-car sales in Taiwan increased 12% in 2014 to 423,829 units, a 9-year high since 2005 (some 500,000 units sold), due to the coming of the 10-year replacement peak. More ... Full Story

Published: 2015/01/26

Auto Output Slackens in Emerging Markets in 2014: ARTC

More than 80 million new cars were sold worldwide in 2014, soaring from some 60 million units in 2009, according to Automotive Research & Testing Center (ARTC), a leading transportation vehicle testing and R&D hub in Taiwan. Burgeoning demand in China, the world's largest automobile market, and ... Full Story

Published: 2015/01/21

ARTC Develops APU for Extended-range Buses

Buses have been playing a vital role in public transportation in metropolitan areas, but such vehicle has been facing challenges in cutting fuel consumption and reducing carbon emissions. An answer is now emerging as the extended range electric vehicle (EREV) concept gains traction in a variety of ... Full Story

Published: 2015/01/21

AUO Wins 2014 HSP Innovation Award

AU Optronics Corp. (AUO), one of the top two makers of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, recently announced that its 6-inch ultra high resolution WQHD smartphone display was honored with the 2014 Hsinchu Science Park Innovation Award. The innovative product was... Full Story

Published: 2015/01/19

Kenmos to Open Auto Parts Plant

Kenmos Technology Co., Ltd. of Taiwan, a subsidiary of Taiwan-based auto-lamp maker Ta Yih Industrial Co., recently announced that it would invest US$980,000 to establish an auto interior lamp joint venture in Kunshan, Jiangsu Province in China. The venture, in which Kenmos holds a 49% share, has a... Full Story

Published: 2015/01/14

Kuozui Produces 200,000 Cars in 2014

Kuozui Motors Ltd. held a ceremony in late December to celebrate the production of its 200,000th Toyota car in 2014, making it the first local automaker to turn out more than 200,000 vehicles in a year. Kuozui, a joint venture between Toyota Japan (with a 70% ownership share) and Hotai Motor Co.... Full Story

Published: 2015/01/13

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

CAPA Posts Record Gains in Part Approvals and Market Presence

The Certified Automotive Parts Association (CAPA) program certified 61% more part applications from auto part makers in the first half of 2014, compared to the same period in 2013, according to CAPA, a auto-parts certify body in the U.S. The association also said that 30% more CAPA certified parts ... Full Story

Published: 2015/01/12

Taikoo Aims to be Top Auto Distributor in Taiwan, Ventures into Used-car Sales Biz

Taikoo Motors Ltd. of Swire Group, a major automobile dealer in Taiwan, recently announced plans to become the largest automobile distributor on the island. The company will also enter new business lines, including used-car sales and repair and maintenance services. The announcement followed Tai... Full Story

Published: 2015/01/12

ITRI Announces Flexible Universal Plane Technology Spin-off

The government-sponsored Industrial Technology Research Institute (ITRI), a leading industrial-technology research hub in Taiwan, recently announced that it has transferred the Flexible Universal Plane, or FlexUP, technology to a new spin-off company dubbed FlexUP Technologies Corp. The new ... Full Story

Published: 2015/01/09

New PTW Sales in Taiwan Fall 1.6% YoY in Nov.

Sales of new powered two-wheeler (PTW) in Taiwan declined over 21% month-on-month (MoM) and 8.52% year-on-year (YoY) in November to just 43,456 units, marking the fifth consecutively declining month in the sector, according to statistics compiled by the Ministry of Transportation and Communications... Full Story

Published: 2015/01/09

2014 PC Outlook Remains Cautious, Despite Modest Q3 Gains: IDC

Worldwide PC shipments are expected to fall by -2.7% in 2014, an improvement from the previous forecast of -3.7%, according to the International Data Corporation (IDC). Although third quarter results were a few points ahead of forecast with shipments down only -0.5% year-on-year (YoY), most regi... Full Story

Published: 2015/01/07

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

Central Bank Earns NT$147.5B. in First 11 Months, Exceeding Full-year Goal

Taiwan's Central Bank posted a profit of NT$147.527 billion (US$4.92 billion) in the first 11 months of this year, exceeding the full-year goal of NT$123.1 billion (US$4.1 billion). The bank gains came mainly from earnings on foreign currency, according to bank governor F. N. Perng. Since taking... Full Story

Published: 2014/12/26

TSMC Plans 300mm Fab Amid China's Policy to Foster Own Chip Sector

Silicon foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC) plans to open its first 300mm wafer fab in China, responding to the nation's recent announcement to budget massively to foster its homegrown semiconductor industry. China, a major semiconductor market that depended on imports to... Full Story

Published: 2014/12/26

Five-day Work Week May be Reality for All in Taiwan by 2016

Taiwan's Ministry of Labor (MOL) has recently drafted the revision of the Labor Standards Act to shorten maximum work hours in Taiwan to 40 hours weekly from the existing 84 hours biweekly, also increase maximum overtime work to 60 hours monthly, which may be effective by 2016. The Cabinet may ... Full Story

Published: 2014/12/25

Taiwanese Banks in China to See 2014 Profits Double Last Year's

Taiwanese banks in China continue to see ballooning profits this year. In the first 10 months such banks raked in combined pretax profits of NT$3.082 billion (US$102.73 million), almost double the NT$1.65 billion (US$55 million) posted in 2013, according to the statistics released by the Financial ... Full Story

Published: 2014/12/25

First-11-Month Revenues up Sizably for Taiwan's Leading Footwear Makers

Pou Chen Group, globally leading Taiwanese manufacturer of sports shoes, scored combined revenues of NT$21.119 billion (US$703.97 million) in November for a monthly rise of 5% and annual growth of 10%, with first-11-month revenues rising to NT$220.84 billion (US$7.36 billion), up 7.6% year on year.... Full Story

Published: 2014/12/24

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

Taiwan's Economy Predicted to Grow About 3.4% for 2015

Seeing Taiwan’s real GDP growth reach 3.64% in the first three quarters, Institute of Economics of Academia Sinica, an academic institute in Taiwan, has lately raised prediction of the GDP growth this year to 3.42%, up 0.11 of a percentage point from 3.31% predicted earlier. However it forecasts... Full Story

Published: 2014/12/19

Taiwan's Fubon Leads FHCs in First-11-Month Profits

In November eight of Taiwan’s 14 financial holding companies (FHCs) witnessed falling profits from a month earlier due mainly to increasing provisional reserves for writing off bad loans for the year. In the same month Fubon Financial Holding Co. posted after-tax profits of NT$2.63 billion (US$... Full Story

Published: 2014/12/19

 
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