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.
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan’s biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide.
The group’s machine-tool business operates 40 manufacturing site... Full Story
The directors and supervisors of the Taiwan Association of Machinery Industry (TAMI) have agreed to select chairman B.S. Ke of Kwang Dah Enterprise Co., Ltd., concurrently the convener of the association’s board of executive supervisors, as the association’s next chairman.
On March 26, the TAMI,... Full Story
Taiwan’s leading machine tool makers landed sizable orders during the Taipei International Machine Tool Show 2015 (TIMTOS 2015), held March 3-8 in Taiwan’s capital city of Taipei, thanks to encouraging recovery in Europe due to its quantitative easing, lowered interest rate in China, and foreseeabl... Full Story
TIMTOS 2015 in Taipei to Set New High in Turnout
The Taipei International Machine Tool Show (TIMTOS) 2015, staged March 3-8, is projected to draw over 1,000 exhibitors from 17 nations to occupy 5,400 booths this year, setting new high and unseating the Japan Machine Tool Fair as the No.2 machin... Full Story
Hiwin Technologies Corp., reportedly the world’s No.2 maker of linear guide ways and ball screw bearings, kept 24-hour shifts during the weeklong Chinese New Year holidays to deal with backlogged orders, bucking the typical trend of light workloads in first quarters.
Chairman and chief executive... Full Story
Despite a low-season factor, Taiwan’s leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Roundtop Machinery Industries Co., Ltd., Kao Fong Machinery Co., Ltd., Falcon Machine Tool Co., Ltd., Shieh Yih Machinery Industry Co., Ltd., Tong Tai Machine & Tool Co.,... Full Story
Industry executives project Tongtai Machine & Tool Co., Ltd., a leading machine-tool maker in Taiwan, to generate consolidated revenue in excess of NT$10 billion (US$322.58 million) this year, an increase from 2014’s NT$9.13 billion (US$294.58 million).
The bullish forecast is based on swarming ... Full Story
Goodway Machine Corp., one of Taiwan's leading machine-tool makers, has filled production capacity through the first quarter and is filling its second quarter capacity, largely due to an influx orders from aircraft builders and carmakers, according to company chairman, Edward Yang.
Yang says tha... Full Story
Delta Electronics Inc., the world’s No.1 power-supply maker for electronic devices by volume, on Jan. 22 debuted its SCARA-branded industrial robots at its R&D center in Taoyuan County, northern Taiwan, as its first step into the manufacturing of smart-factory equipment.
Company chairman, Yancy ... Full Story
Compiled by STEVE CHUANG
After seeing sharp shrinkage in size mostly due to overwhelming rivalry from underselling rivals worldwide, it may have been impossible for Taiwan’s blown film sector to return to its heyday. However, local surviving insiders are still working hard on improving machines ... Full Story
Compiled by STEVE CHUANG
High performance, excellent energy efficiency and low requirements for manpower and space are growing trends in the global market for machinery. And lots of Taiwanese extrusion machine makers have followed well those trends by developing top-caliber models and solutions ... Full Story
Compiled by STEVE CHUANG
The packaging machine industry has developed into one of Taiwan’s export contributors over the past decades after local companies began production using skills and know-how absorbed from abroad to reduce the industry’s dependence on imports, and many insiders have built ... Full Story
Taiwan’s leading machine-tool makers, including Hiwin Technologies Corp., Goodway Machine Corp., AWEA Mechantronic Co., Ltd., and Kao Fong Machinery Co., Ltd., have decided to increase wages by 3-5% for the their sizable profits achieved in 2014.
Industry executives estimate Hiwin, reportedly th... Full Story
Throughout 2014, both Taiwan’s machinery industry and machine-tool industry delivered fewer machines than originally ordered due chiefly to the higher NT-dollar-to-greenback ratio than that between the U.S.-dollar and the Japanese yen and South Korean won.
J.C. Wang, president of the Taiwan Asso... Full Story
Hiwin Technologies Corp., a major Taiwan-based manufacturer of linear guide ways and ball screws, reported revenue of NT$15.08 billion (US$471.25 million) throughout 2014, rising 21.3% from 2013’s NT$12.44 billion (US$388.81 million) to trail modestly NT$15.81 billion (US$494.34 million) it posted ... Full Story
Chairman Jimmy Chu of the Fair Friend Ent. Group (FFG) announced that his company will enter into alliance with Aerospace Industrial Development Corp. (AIDC) to develop and manufacture composite materials for aircrafts.
FFG, Taiwan’s biggest machine-tool maker, will provide equipment to the mate... Full Story
Goodway Machine Corp. and Tongtai Machine & Tool Co., Ltd. are expected to join the NT$10 billion (US$322.58 million at US$1:NT$31) revenue club of Taiwan's machine-tool sector in Taiwan with consolidated revenue in 2015.
Only a handful of machine-tool makers on the island have crossed the NT$10... Full Story
Taiwan Shin Kong Security Co., Ltd. (SKS), Taiwan's second-biggest private security company, will begin to export entertainment robots sometime in 2015. The company aims to ship about 100 units over the year and generate revenue up to NT$100 million (US$3.22 million at US$1:NT$31).
SKS' robot op... Full Story
In Jan.-Nov. 2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island’s machine-tool industry having exported US$3.43 billion of equipment, growing at lower-than-expected rate of 6.2% year on year.
According to Taiwan government statistics, local machinery make... Full Story
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan’s biggest machine-tool maker by revenue, said the group will add five factories in 2015 through acquisition or partnership at cost exceeding US$100 million to expand into machine tools for mobile device casings.
The group is in talks with... Full Story
Hinwin Technologies Corp., Taiwan’s biggest manufacturer of crucial components for precision machines, announced consolidated revenue of NT$1.5 billion (US$50 million) in November, up 0.7% from a month earlier and 12.67% year on year to hit a 3-year high, to which industry executives attribute most... Full Story
Taiwan’s leading machine-tool makers are accelerating their investment plans to alleviate the problem of insufficient production capacity, despite the hazy business outlook for 2015.
The Tongtai Group’s board of directors recently approved an investment of NT$600 million (US$20 million at NT$30:... Full Story
Fair Friend Group recently set up with its local agent in India a 50-50 joint venture, Feeler Cosmos, to make machining centers for the Indian machine-tool market, which is projected to bring in NT$5 billion (US$166.6 million) in revenue by 2020, according to group chairman Jimmy Chu.
Having se... Full Story
Landing better-than-expected orders at the Taiwan International Machine Tool Show 2014, held Nov. 5-9 in Taichung, central Taiwan, Taiwan’s leading machine-tool builders are upbeat about business in Q1, 2015.
Chairman D.H. Yang of the Goodway Group said its Goodway Machine Corp. and Awea Mecha... Full Story
The Fair Friend Group (FFG) will launch initial public offering (IPO) in Taiwan in 2017, to be Taiwan’s largest listed machine-tool manufacturing conglomerate by market revenue.
With KGI Securities as the IPO underwriter, FFG will set up a holding company by the end of 2014 to operate all subsi... Full Story
Hiwin Technologies Corp. outperformed all its Taiwanese peers in machine-tool industry earnings for the first three quarters by making NT$6.21 per share, with Q3 earnings of NT$2.91, based upon which industry executives estimate its 2014 earnings at NT$9 per share.
The company, a major maker of ... Full Story
Taiwanese machine-tool makers Fair Friend Enterprise Group, Goodway Machine Corp., and Hiwin Technologies Corp. have decided to acquire Japanese machine-tool makers in a move widely seen as an attempt to convert the threat of the weak yen into an opportunity.
The yen's value plummeted to a six-y... Full Story
Taiwan’s machine-tool makers show guarded optimism about their 2015 outlook, with over NT$10 billion (US$333.3 million) of combined orders booked and yet jittery about several potentially risky factors.
According to the Taiwan Association of Machinery Industry (TAMI), the U.S. government’s annou... Full Story
Chairman Jimmy Chu of the Fair Friend Group has announced plans to spend around US$50 million on a new operations headquarter and R&D center in Hangzhou City, mainland China, as part of the group's effort to quickly boost its share of China's machine-tool market. Construction on the facilities, whi... Full Story
Industry executives predict that Taiwan's machine-tool maker Goodway Machine Corp. will earn NT$5.5 per share this year on consolidated revenues of NT$7.5 billion (US$250.0 million at NT$30:US$1) and NT$8 billion (US$266.6 million), thanks to the recovery of the automobile, aircraft, and energy ind... Full Story