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Industry Reports
Looking in-depth at the latest developments in production, sales, product design innovation, and technology advancements, as well as overall supply capabilities of Taiwan’s major export industries, these reports focus on machinery, auto parts, hardware, furniture, lighting and hardware etc. to keep global buyers and readers informed and better prepared to do business with Taiwan suppliers.

Advantech's Consolidated Revenue Hits NT$9.171 Bn. in Q3

Advantech Corp., Taiwan’s largest supplier of rugged and industrial PCs and embedded systems by shipment, chalked up consolidated revenues of NT$9.121 billion (US$304.03 million) in the third quarter of this year, just 1.6% less than the company's all-time quarterly high of NT$9.278 billion (US$309... Full Story

Published: 2014/10/23

Foxconn of Taiwan and China's 21Vianet Partner on Cloud Biz

Foxconn Technology Co., Ltd., Taiwan’s largest manufacturing conglomerate by revenue, has signed an agreement to form a joint venture with 21Vianet Group, Inc., China’s largest provider of carrier-neutral Internet center services, to tap the global market for Internet data center and cloud infrastr... Full Story

Published: 2014/10/23

Taiwan Govt. Approves Project to Boost 4G Industry Output Value to NT$1.5 T. by 2016

With smart city applications increasingly causing a buzz in the global ICT (information and communication technology) industry, the Taiwanese government has approved a broadband service and industrial development project designed to boost output value of the island’s 4G sector to NT$1.5 trillion (U... Full Story

Published: 2014/10/23

Taiwan's Machine Tool Makers Post Strong Sales in Q3

Taiwan’s leading machine-tool makers reported strong sales in Q3 this year mostly thanks to increasing demand from China, the United States and European Union. Goodway Machine Corp. had consolidated revenue of NT$1.9 billion (US$64.9 million) in Q3, roughly equal to that of Q2, with NT$2.3 bill... Full Story

Published: 2014/10/23

Taiwan's Top-3 Telecom Jan.-Sept. Earnings Top Targets

Chunghwa Telecom Co., Ltd., Taiwan Mobile Co., Ltd., and Far EasTone Telecom Co., Ltd. saw earnings in Jan.-Sept. top their targets. Chunghwa, Taiwan’s No.1 telecom carrier by revenue, earned NT$30.5 billion (US$1.01 billion), or NT$3.94 per diluted share, in after-tax net income, inching up 0.... Full Story

Published: 2014/10/23

Teco's New Wind Turbine Factory to Start Up at End of October

Taiwan-based Teco Electric & Machinery Co., Ltd., a supplier of motors and household appliances, expects to continue gaining steam from its wind turbine business, as its new factory of such products in Hunan Province, central China, will start up at the end of October to tap China’s wind power mark... Full Story

Published: 2014/10/23

Tex-Ray Expands Vietnam Manufacturing Base to Focus on Functional Apparel

The Taiwan-based Tex-Ray Industrial Co., a contract clothing manufacturer, is building a second factory at its manufacturing base in Vietnam as part of its strategy to expand its operations into functional apparel for outdoor activities. The new factory was scheduled to begin operating in August... Full Story

Published: 2014/10/23

USITC Tentatively Rules Taiwan's CSC to Pay Antidumping Duty of 27.54% for NOES Exports to U.S.

Following months of investigation in an antidumping lawsuit filed by Taiwan's steelmakers with the United States International Trade Commission against foreign suppliers of non-oriented electrical steels (NOES), the United State Department of Commerce ruled on October 8 that Taiwan’s China Steel Co... Full Story

Published: 2014/10/23

Chun Zu Aims for Annual Revenue of NT$1 Bn. in 2014

Benefiting from Taiwan’s thriving fastener industry, which could finish this year with export value exceeding US$4 billion, Chun Zu Machinery Industry Co., Ltd., a leading Taiwanese supplier, aims for annual revenue of NT$1 billion (US$33.34 million) in 2014, according to chairman, Bruce Sun. ... Full Story

Published: 2014/10/22

Rechi Steps Up Output Expansion to Keep Up with Brisk Growth

To keep up with brisk growth, Rechi Precision Co., Ltd., world’s fourth-biggest supplier of compressors for air conditioners by shipment, has stepped up output expansion across Taiwan and China. Recently its board approved an investment of US$20 million in the first-phase construction of a fac... Full Story

Published: 2014/10/22

Rechi to Achieve New High of NT$17 Bn. in 2014 Revenue

The Taiwan-based Rechi Precision Co., the world’s fourth-largest supplier of compressors for air conditioners by volume, is widely expected by institutional investors to achieve a new high of NT$17 billion (US$566.67 million) in consolidated revenue this year, with its compressor shipments likely t... Full Story

Published: 2014/10/22

Taiwan's September Machinery Exports Miss Industry Executives' Expectations

Both Taiwan’s machinery export and machine-tool export in September missed growths expected by industry executives probably due to lagging shipments, according to president of the Taiwan Association of Machinery Industry (TAMI), J.C. Wang. In September, the island shipped US$1.65 billion of mach... Full Story

Published: 2014/10/22

Taiwan Golf Club Makers Diversify to Overcome Market Slump

To assure sustainable development as market demand cools down, Taiwan’s top three contract suppliers of golf clubs--the Advanced International Multitech Co., O-Ta Precision Industry Co., and Dynamic Precision Industry Corp.--are moving in different directions in search of diversification. Their eff... Full Story

Published: 2014/10/22

Hon Hai's September Revenue up 51% MoM to NT$415 Bn.

Fueled by strong shipments of iPhone 6, Hon Hai Precision Industry Co., Ltd., world’s largest EMS (electronics manufacturing service) firm by size and Apple Inc.’s major contract manufacturer of iPhone, saw consolidated revenue for September surge 51% month-on-month to NT$415.412 billion (US$13.84 ... Full Story

Published: 2014/10/21

Taiwan's Manufacturing Turnover for H1, 2014 up 3.8% YoY

With the US Fed Reserve delaying QE for some time to allay jitters in global markets, the new Indian prime minister promising to reform labor structure to boost its own economy, coupled with sub-US$85 per barrel oil prices and China pumping new liquidity into its economy, global economic prospects ... Full Story

Published: 2014/10/21

TSMC's 16nm FinFET Tech Shows Supremacy Over Intel and Samsung

Industry executives believe that Taiwan Semiconductor Manufacturing Co. (TSMC) has proven its mettle, by outdoing Samsung and even Intel by successfully rolling out semiconductor industry’s first 16-nanometer Fin Field-Effect Transistor (FinFET) processor designed on the ARM architecture. The T... Full Story

Published: 2014/10/21

UMC to be Taiwan's First to Buy into China's 300mm Wafer Fab

United Microelectronics Corp.’s (UMC) board of directors has approved buying into a 300mm wafer fab planned by the Xiamen Municipal Government and an electronics enterprise owned by the Fujian Provincial Government. To submit the application to Taiwan's Ministry of Economic Affairs sometime arou... Full Story

Published: 2014/10/21

TSMC September Revenue Hits New High

Taiwan Semiconductor Manufacturing Co. (TSMC) announced consolidated revenue of NT$74.8 billion (US$2.4 billion) for September, rising 8% from the previous month to hit new all-time high and top market expectations, also up 35.1% year on year. In Q3, the company generated consolidated revenue of... Full Story

Published: 2014/10/20

Lenovo Targets Ambitious Laptop PC Shipments

The Lenovo Group Ltd. plans to ship 31.3 million, 34.4 million and 37 million laptop PCs in 2014, 2015, and 2016, respectively, in a bid to solidify its global position in the field, according to its Taiwanese contract suppliers. In 2013 the China-based Lenovo shipped around 31.5 million laptops... Full Story

Published: 2014/10/20

Google to Expand Cloud Data Center in Taiwan

Search engine giant Google Inc. plans to add one more facility to its cloud data center on the Changhua Coastal Industrial Park built on reclaimed land off Changhua County in central Taiwan. With Google declining to elaborate on the planned facility, local industry executives estimate needed inv... Full Story

Published: 2014/10/17

MediaTek of Taiwan Joins Intel-led IOT Camp

MediaTek Inc. and Acer Inc. have recently announced joining the Internet of Things (IOT) alliance initiated by Intel. The Open Interconnect Consortium (OIC) competes against the Qualcomm-headed AllSeen Alliance, Google-led Tread Group, and Apple-dominated HomKit for global leadership in setting up ... Full Story

Published: 2014/10/17

China's Handset Makers Fasinated with Japanese-licensed NMT in Taiwan

Industry executives report that China’s branded suppliers of smartphones are fascinated with Taiwan-made consumer-electronics casings using the nano molding technology (NMT), motivating Taiwan’s manufacturers to consider capacity expansion for more orders. Taiwan’s NMT-casing manufacturers inclu... Full Story

Published: 2014/10/17

TSMC Releases Ultra-Low Power Platform for IOT and Wearables

Taiwan Semiconductor Manufacturing Co. (TSMC) has released the silicon-foundry segment’s first and most comprehensive ultra-low power platform for a wide range of applications for the rapidly evolving Internet of Things (IOT) and wearable device markets that require a wide spectrum of technologies ... Full Story

Published: 2014/10/17

Hiwin's Q3 Revenue Hits Seven Year High

Hiwin Technologies Corp. recently announced that consolidated Q3 revenue hit a seven-year high of NT$4.2 billion (US$141.7 million), with the September revenue of NT$1.4 billion (US$49 million) reaching a 34-month high. The September result represented a 2.8% increase from the previous month and... Full Story

Published: 2014/10/16

Taiwan's Machine Tool Makers See Improving Q3 Profitability

Taiwan’s leading machine-tool makers estimate Q3 sales of this year to be more profitable than that of last year, with orders booked to keep production lines humming throughout the final quarter and potential orders being tracked for Q1, 2015. Among those manufacturers are Hiwin Technologies Co... Full Story

Published: 2014/10/15

Paper Finds Its Way into the Furniture Market
Taiwanese manufacturers adopt the material of the future

By MICHELLE HSU With the rise of environmental awareness, the concept of "green" is gradually finding its way into works of creation, and paper is being applied ever more widely in furniture design and production as an eco-friendly alternative to solid wood. From the simple cabinets and seati... Full Story

Published: 2014/10/15

LED Packager Unity Opto's Revenue Hits New High in September

LED packager, Unity Opto Technology Co., Ltd., announced consolidated revenue of NT$918 million (US$30.6 million) for September, increasing 0.92% from a month earlier and 73.4% year on year to hit a new high for a third month. The September result helped swell the company’s Q3 revenue to NT$2.6 ... Full Story

Published: 2014/10/15

Technology Advances Drive Changes in the Design of Workspace Furniture
The increasing use of mobile devices gives rise to "the chair as an office"

By MICHELLE HSU Whatever you call the space where you work at home--studio, workstation, home office--the furniture you use there is undergoing drastic changes along with the evolution of lifestyles and working habits brought on by the use of PCs and mobile devices. Advances in information, c... Full Story

Published: 2014/10/14

China's Furniture Parts Makers Thrive with Booming Furniture Industry
Manufacturers offer innovative products that meet the needs of the global market

By JENNY WU China is the world’s largest furniture manufacturer, accounting for 25% of total global output, and in 2006 became the world's No. 1 furniture exporter. It is now also the world's biggest furniture market, with estimated market value of about 500 billion RMB (approximately US$83.3 bi... Full Story

Published: 2014/10/14

Taiwanese Makers of Bathroom Fittings and Accessories Compete Well Globally with Different Strategies
One central Taiwan maker led peers by adopting CNC machines for production 18 years ago

By STEVE CHUANG Shifting locales of global furniture production to emerging countries over the past few decades has profoundly uprooted market dynamics, with out-migration of Taiwanese furniture makers over the years also having destabilized the erstwhile prosperous furniture industry in Taiwan.... Full Story

Published: 2014/10/13

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