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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.

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

Yen Depreciation Prompts Taiwan Auto Dealers to Introduce More Models from Japan

With an eye on the continued depreciation of the Japanese Yen against U.S. greenback, all major Japanese-car vendors in Taiwan plan to introduce more Japanese models to the domestic market to expand their product lines and enhance their profits. Hotai Motor Co., Ltd. (local agent of Toyota and L... Full Story

Published: 2014/10/16

Taiwan Manufacturers Predicted to Win Nearly Half of the Global Automotive TFT-LCD Market

Two major Taiwanese companies, Innolux Display Corp. and AU Optronics Corp. (AUO), the island's first- and second-largest supplier of thin film transistor-liquid crystal display (TFT-LCD) panels, respectively, are expected to win a 46% share of the global automotive-application display market thank... Full Story

Published: 2014/10/16

Mirle's Revenue from FPD Automation Equipment Increases by 50% This Year

Thanks to the increasing use of robotic application systems in the flat panel display (FPD) industry, Mirle Automation Corp., a major Taiwanese supplier of automation equipment, recently reported that revenue generated from its sales to the FPD industry has increased by 50% this year, while sales t... Full Story

Published: 2014/10/16

Audi Taiwan Targets to Triple Annual Sales Volume in Taiwan by 2017

A fully-owned subsidiary of the German carmaker Volkswagen has been set up recently in Taiwan to handle multi-brand sales on the island. Ryan Searle, president of Audi Taiwan, the core of the new VW Taiwan, says annual sales of new Audis on the island are expected to reach 6,000 units by 2015 and ... Full Story

Published: 2014/10/16

ASUS Targets to Ship 600,000-plus ZenFones to India in Q4

To further ramp up smartphone shipments in Q4 and grab business opportunities during the Diwali Festival sales peak in India, Asustek Computer Inc. (ASUS brand), a major personal computer (PC) and smartphone vendor in Taiwan, recently said it has ready some 100,000 newly released ZenFone smartphon... Full Story

Published: 2014/10/16

Hotai Raises 2014 Forecast of Overall New-car Sales in Taiwan

Justin Su, president of Hotai Motor Co. Ltd., local agent of Toyota and Lexus, recently raised his forecast of overall new-car sales in Taiwan this year to 410,000 units, from 390,000 estimated previously. Taiwan's year-end elections for municipal and county councilmen, says Su, will not imp... Full Story

Published: 2014/10/16

Taiwan's Forex Reserves Drop 18-Month Steepest to US$420.7B. in September

Taiwan’s foreign exchange reserves dropped US$2.37 billion from a month earlier to US$420.696 billion in September to post the largest decline in 18 months, according to Taiwan's central bank. The sizable reduction in forex reserves was mainly due to massive net outflow of foreign capital of US... Full Story

Published: 2014/10/16

Autonomous Vehicle Market Still Faces Challenges: ABI Research

Being one of the hottest trends in the global automotive industry with many international companies having announced road tests in different nations, the development of autonomous vehicles still faces challenges ahead. “Legislation and liability issues and uncertainties are expected to remain th... Full Story

Published: 2014/10/15

Sales of New Cars in Taiwan up 20% YoY in Sept.

Driven by mainly sales increase of imported cars, overall new-car sales in Taiwan climbed 20.1% year-on-year (YoY) in September to 34,746 units, according to statistics compiled by Taiwan's Ministry of Transportation and Communications (MOTC). But sharp depreciation of the Japanese yen against ... Full Story

Published: 2014/10/15

Former Vice President Siew to Attend APEC in Beijing

Former Vice President Vincent Siew will attend the 2014 leaders’ meeting of the Asia-Pacific Economic Cooperation (APEC) forum in Beijing on Nov. 10-11, on behalf of President Ma Ying-jeou. Although Ma earlier expressed his intention to attend the APEC forum this year, hoping to meet his Chinese... Full Story

Published: 2014/10/14

Mercedes-Benz Targets to Sell 20,000 Units in Taiwan in 2015

Sales of Mercedes-Benz imports in Taiwan during January-September has surpassed that of the entire-year volume in 2013, and the local subsidiary of the German brand, Mercedes-Benz Taiwan, said it aims to sell some 18,000 units in 2014 and challenge a new record of 20,000 in 2015. If Mercedes-Ben... Full Story

Published: 2014/10/14

Lifestyle Sells Sofas in Volume and Prices Like Coca-Cola
Formerly successful furniture maker in Taiwan aims to enter Greater China market

By MICHELLE HSU Lifestyle, a US-registered furniture company, made an inaugural appearance at Taiwan’s furniture show this year. Taiwanese consumers likely have never heard of the firm but its owner William Hsieh is known in Taiwan’s furniture industry. Hsieh's furniture empire in Taiwan floppe... Full Story

Published: 2014/10/14

Global Notebook PC Shipments to Increase 3% in 2015: TRi

Global shipments of notebook PCs are forecast to increase 3% to reach about 185 million units in 2015, with increased deliveries of about 10 million 11.6- to 12.5-inch models, and 9% increase in business model, according to Topology Research Institute (TRi), a private market researcher in Taiwan. ... Full Story

Published: 2014/10/09

Samsung's Higher Procurement to Drive up TV Panel Shipments by AUO and Innolux

Driven by Samsung Electronics' expanding procurements of LCD TV panels, the two major Taiwanese thin film transistor-liquid crystal display (TFT-LCD) panel makers, Innolux Display Corp. and AU Optronics (AUO), are likely to see peak shipments in Q4 and challenge record highs. South Korea's Samsu... Full Story

Published: 2014/10/08

ITRI of Taiwan Licenses Mitsui Chemicals to Use STOBA Li-ion Battery Tech for EVs

Industrial Technology Research Institute (ITRI), an industrial technology R&D body in Taiwan, recently signed an exclusive licensing agreement with Taiwan Mitsui Chemicals, Inc., a wholly-owned subsidiary of Mitsui Chemicals Inc. of Japan, allowing it to manufacture and distribute ITRI’s STOBA (Sel... Full Story

Published: 2014/10/08

PBF's New Kidney Drug Wins FDA Approval

Panion & BF Biotech Inc. (PBF), a pharmaceutical company based in Taiwan, recently announced that its new drug Nephoxil (Zerenex in the United States) for treating kidney disease has won marketing approval from the U.S. Food and Drug Administration (FDA). Nephoxil is an oral ferric iron-base... Full Story

Published: 2014/10/08

Automotive TFT-LCD Shipments to Increase 3% in 2014: NPD DisplaySearch

Global shipments of thin film transistor-liquid crystal display (TFT-LCD) panels for automotive monitors, on both the original equipment (OE) and aftermarket basis, are forecast to increase 30% year-on-year (YoY), reaching 85 million units in 2014, according to NPD DisplaySearch. Demand for auto... Full Story

Published: 2014/10/07

Acer Launches New Large-screen NB and Eyes Revenue Growth in Q4

Targeting double-digit sales growth in Taiwan's domestic notebook PC market, Acer Inc., a major personal computer (PC) vendor in Taiwan, recently launched 13 notebook PC models with screen sizes larger than 15.6-inches. C.F Huang, president of Acer's Taiwan operations, says 15-plus-inch notebook... Full Story

Published: 2014/10/07

"Giant Always Does Something Others Never Think Of": Chairman Liu

King Liu, a Taiwanese bicycle tycoon and chairman of the Giant Manufacturing Co., the world's largest bicycle manufacturer, has been a witness to and driver of the development and transformation of his industry in Taiwan. Today he is very happy that the island's role in the global division-of-labor... Full Story

Published: 2014/10/07

Delta Thailand Eyes 50% Revenue Growth in 2015

Delta Electronics (Thailand) Public Co., Ltd., a Thai subsidiary of Delta Electronics Inc. of Taiwan, a major supplier of power supply systems, recently reported having won orders from international automakers in Europe and the USA for power converters for electric vehicle (EV) applications. The Th... Full Story

Published: 2014/10/06

 
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