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.
According to the Taiwan Association of Machinery Industry (TAMI), the island shipped US$10.1 billion of machinery in the first half (H1) of the year, up 8.2% year on year, with such increase to reach a 10.6% year-on-year growth to NT$307 billion (US$10.2 billion) if denominated in the New Taiwan do... Full Story
Regardless of the lower-than-expected earnings for the second quarter (Q2) of 2014, Hiwin Technology Co., Ltd. Chairman Eric Chuo remains sanguine about corporate sales in the second half (H2) of the year.
The company, a major Taiwanese maker of precision components for machines and a global mak... Full Story
Taiwan Machine Tool & Accessory Builders’ Association (TMBA) Chairman Eric Chuo expressed his optimism for the island’s machine-tool industry in the the third quarter (Q3) based on the strong growth in the first half (H1) of 2014 of most of the local manufacturers and rising demand for intelligent ... Full Story
Taiwanese machine-tool makers Hiwin Technology Co., Ltd. and Fair Friend Group will engage in acquisitions overseas in the second half (H2) of the year to support robotic projects and build global presence.
Hiwin, a major maker of ballscrews and precision components for machine tools in Taiwan, ... Full Story
By KEN LIU
At a time when machine-tool makers are rushing to introduce machines that are more durable, more precise, faster, and more energy-efficient, Taiwan’s parts makers are rushing just as fast to offer the improved components they need.
Marox Tools Industry Co., Ltd., founded back in 19... Full Story
By STEVE CHUANG
According to Visiongain, a British market research firm, the global flexible packaging market has reached some US$143.83 billion, mostly driven by growing sales of consumer products in emerging nations. In the next decade, the firm forecasts the global market will likely peak, gi... Full Story
By STEVE CHUANG
According to insiders there is growing demand globally for high performance, energy-efficient, low labor input and compact machinery. And lots of Taiwanese extrusion machine makers are rising to such challenge to develop top-caliber models that help users to achieve high profit a... Full Story
By STEVE CHUANG
Taiwan's makers of plastic and rubber machinery, including blown film machines, have generally experienced a business slump so far this year mainly because of increasing rivalry from emerging competitors as well as sluggish corporate investment in fixed assets over the past few y... Full Story
By KEN LIU
Taiwan’s machine-tool makers are rushing to keep up with market trends and address the issues of labor cost, production efficiency, and quality by introducing machines that are ever-more automatic, intelligent, and efficient.
Already the world’s No. 4 machine-tool exporter with exp... Full Story
In June, Taiwan shipped US$352 million of machine tools, up 13.3% year on year to help boost Taiwan's H1 exports by 4.9% YoY to US$1.8 billion or so, according to the Taiwan Association of Machinery Industry (TAMI).
TAMI President J.C. Wang pointed out that the June figure shows the island’s mac... Full Story
Hiwin Technologies Corp. and Advantech Co., Ltd. have signed an agreement to foster the formation of Taiwan’s robot-industry cluster in order to boost international competitiveness of Taiwan’s robotic and intelligent-automation industry.
The first step of the agreement is to set up a venture spe... Full Story
J.C. Wang, president of the Taiwan Association of Machinery Industry (TAMI), J.C. Wang, said at a meeting held recently by the National Development Council and Taiwan’s Cabinet that he fears the island’s machinery manufacturers may migrate to China or the Association of Southeast Asian Nations (ASE... Full Story
The Foxconn Technology Group of Taiwan will reportedly use self-made “Foxbot” to assemble Apple’s iPhone 6, which will be the world’s first smartphones to be assembled by robots.
According to online media 9to5 Mac, Foxconn, Taiwan’s No.1 ITC subcontractor by revenue, is preparing to automate ass... Full Story
Taiwan’s leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1.
Industry executives ascribe such profitability mostly to the recoveri... Full Story
Taiwan’s leading machine-tool makers are speeding expansion plans to get ready for H2 of this year, which they forecast to be brisker than in H1 due to recovering global economy and increasing demand for automation systems.
Chairman of the Taiwan Machine Tool & Accessory Builders’ Association, E... Full Story
With people increasingly concerned about healthcare nowadays to trigger considerable demand for health-enhancing food, Metal Industries Research & Development Centre (MIRDC), a Taiwanese government-funded R&D institute, has transferred its dripping-pill- forming technology to Ivorist International ... Full Story
Kao Fong Machinery Co., Ltd., a subsidiary of Hota Industrial Mfg. Co., Ltd., has signed a syndicated loan of NT$1.1 billion (US$36.6 million) with eight Taiwan-based banks to finance its expansion amid promising market outlook.
The company projects its revenue for this year to rise 23% year on ... Full Story
The Tongtai Group, a leading Taiwanese machine-tool maker, recently announced that it will cooperate with the Japanese laser-equipment maker Cyber Laser in setting up a joint venture to produce laser sources in Taiwan.
The partnership was brought together by a venture capital fund co-organized b... Full Story
While cautious industry executives feel Taiwan’s machine-tool exports are likely to rise 8% year on year this year, optimistic insiders project exports to rise 10% to US$4 billion based on the upbeat results in the first four months of the year.
In April, the island’s machine-tool industry shipp... Full Story
Impressed by the sanguine outlook of the robot market, Chairman Eric Chuo of the Hiwin Group recently forecasted its industrial robot shipments to surge to 100 systems monthly in the second half of this year, up from the current five systems.
The sharp shipment increase is predicted to boost rob... Full Story
Tongtai Machine & Tool Co., Ltd. has decided to build a factory near its headquarters in Kaohsung, southern Taiwan, and train more specialists as part of its expansion plan to further grow in the machine-tool market, in which the company made an estimated 27% year-on-year revenue increase in the fi... Full Story
Leading machine-tool makers in Taiwan are vigorously purchasing crucial components and materials for machines or raising materials and parts inventory to the level of at least two months lest incoming rush orders should be lost.
Taiwan’s industry executives say that the recovering global economy... Full Story
Benefiting from the booming downstream sector of household appliances, particularly in China, Taiwan-based Rechi Precision Co., Ltd., world’s fourth-biggest compressor manufacturer by shipment, finished May with banner sales.
The firm’s latest financial report shows that its compressor sales and... Full Story
Considerable dedication by Hon Hai Precision Industry Co., Ltd., world’s largest EMS (electronic manufacturing service) firm, to developing robot production technology has paid off, as the firm has been contracted by Japan’s Softbank, a telecommunication and Internet company, to supply humanoid rob... Full Story
Hiwin Technologies Corp., the world's No. 2 supplier of ballscrews for precision machines, has opened another R&D laboratory, at National Tsing Hua University (NTHU) in northern Taiwan, with the aim of training high-level precision-machinery engineers in cooperation with the prestigious tech-orient... Full Story
With multi-purpose in mind and to reinforce exchanges and cooperation in foods and food-making equipment between Taiwan and ASEAN member countries, Taiwan External Trade Development Council (TAITRA) and Taiwan Food & Pharmacy Machinery Manufacturers’ Association (TFPMA) visited Vietnam, Indonesi... Full Story
Motivated by positive economic outlook worldwide, Taiwan-based TECO Electric & Machinery Co., Ltd., globally top-3 industrial motor supplier by size, is aggressively enhancing global deployments to achieve better profitability in 2014 than last year.
As part of its development strategy this year... Full Story
In April alone, Hiwin Technologies Corp. had consolidated revenue of NT$1.1 billion (US$37.6 million), increasing 4.3% from the previous month and 33.9% year on year, thanks to increased demand for industrial robots and intelligent automation.
The April result helped swell the company’s consolid... Full Story
Most of Taiwan’s machine-tool makers had better-than-expected earnings in the first quarter of 2014 thanks to recovering global economy and the devaluation of the New Taiwan (NT) dollar.
Among the manufacturers, Goodway Machine Corp., Hiwin Technologies Corp., Kao Fong Machinery Co., Ltd., Tongt... Full Story
According to the Taiwan Association of Machinery Industry (TAMI), in the Jan.-Apr. period the island exported US$6.4 billion worth of machinery, up 8.2% year on year (YoY), thanks partly to a surge in shipments of tools to mainland China in April. That month alone, Taiwan's overall machinery export... Full Story