Thu, 30 Mar 2017 04:56:10 +0800 Industry In-Focus | Taiwan Industry Updates of Taiwan Industry Updates of Tue, 7 Mar 2017 00:00:00 +0800 Mao Chuan’s Religious Adherence to Global Standards Works--Breeding staff loyalty one of secrets to sustained success Mao Chuan Industrial Co., Ltd., founded in 1970 in Changhua County, central Taiwan, started up as a small OEM of clothing parts and related accessories and then, after gaining years of experience in punching, diversified... (Full Story) ]]> Steve Chuang / CENS Fri, 3 Mar 2017 00:00:00 +0800 Yang Light a Rising OEM of Industrial Parts--Versatile maker`s boldness helped build recognition and competitiveness Taiwan-based OEMs (original equipment manufacturer) have become veritable classic business models in world trade, able to take on just about any order in any volume made according to customers’ specifications, and thus h... (Full Story) ]]> Steve Chuang / CENS Tue, 21 Feb 2017 00:00:00 +0800 Taiwan Garden Tool Makers Continue to Develop Cutting-edge Products--One maker aims to satisfy market demand for premium, easy-to-use items Known as the "Kingdom of Hand Tools," Taiwan has long been the world`s major supplier of general hand tools, and now some makers on the island are taking aim at the high-end market. With the help of industry and gover... (Full Story) ]]> Steve Chuang / CENS Tue, 10 Jan 2017 00:00:00 +0800 Honing Production Caliber Sharpens Taiwan Auto Engine Parts Suppliers’ Edge--Being a maverick in turbo charger segment helped one supplier to achieve success As in many other manufacturing sectors, Taiwan-based suppliers have tapped their seemingly endless potential to focus on improving production capability to outdo rivals, an advantage they have been maximizing as well in ... (Full Story) ]]> Steve Chuang / CENS Wed, 21 Dec 2016 00:00:00 +0800 Re-Dai Chairman Elected New Head of THTMA--New chairman will set up new committees to help insiders ride on e-commerce trend At the THTMA (Taiwan Hand Tool Manufacturers’ Association) annual general meeting held in mid-September, 2016, S.C. Yu, chairman of Re-Dai Precision Tools Co., Ltd., a high-profile manufacturer of hand tools, was elected... (Full Story) ]]> Steve Chuang / CENS Fri, 16 Dec 2016 00:00:00 +0800 Metal Furniture Parts Makers in Taiwan Create Blue Oceans--Taiwanese suppliers target high-end niches to battle low-end competition With their advanced manufacturing technology, skilled workers, and a strong global reputation for quality and on-time delivery, Taiwanese metal furniture parts makers have plenty of reasons for optimism in their showdown... (Full Story) ]]> Steve / CENS Tue, 13 Dec 2016 00:00:00 +0800 Sustained Efforts on R&D Help Taiwanese Hand Tool Makers Remain on a Roll--One maker develops new socket with improved, damage-free point design Taiwanese hand tool makers have fared well in the global market for decades, mostly thanks to sustained efforts on product R&D and improvements of manufacturing skills, making the island one of world’s major supplier... (Full Story) ]]> Steve Chuang / CENS Mon, 21 Nov 2016 00:00:00 +0800 A Glimpse of Taiwan’s Office Furniture Parts Makers Faring Well--Quality and innovation are bread and butter for insiders In the OA furniture parts sector, Taiwanese makers’ attention and devotion to R&D and quality have helped to sustain their businesses for the past few decades. Interviewing the following three OA chair parts makers c... (Full Story) ]]> Steve Chuang / CENS Fri, 24 Jun 2016 00:00:00 +0800 Taiwanese Furniture Parts Suppliers Take on Economic Uncertainty with Different Strategies Despite global economic uncertainties, most of Taiwanese furniture parts makers have yet to slow their pursuit of sustainable development through improving production capability and product quality to win trust from glob... (Full Story) ]]> Steve Chuang / CENS Fri, 24 Jun 2016 00:00:00 +0800 Taiwanese Fasteners Suppliers Aggressively Venture into Auto Sector Following over six decades of development, fastener manufacturing has been one of Taiwan’s traditional industries with sustaining global competitiveness. Having upgraded from low-end, DIY-caliber fasteners to higher ends... (Full Story) ]]> Steve / CENS Fri, 17 Jun 2016 00:00:00 +0800 Taiwanese Gardening Product Makers Pursue Sustainable Growth with Different Strategies--Makers generally resort to R&D as means to stay competitive Garden tools along with related accessories, which totally generate export revenue of around US$95 million on average every year, are a major contributor to overall exports by the industry of hand tools in Taiwan, with m... (Full Story) ]]> Steve Chuang / CENS Thu, 16 Jun 2016 00:00:00 +0800 Taiwan’s Light Vehicle Market Remains on Uptrend in May, Despite Imports Down Compared to Taiwan’s anemic economic growth, the local light vehicle market has still expanded at solid pace so far this year, as reflected by the latest statistics compiled by Ministry of Transportation and Communicatio... (Full Story) ]]> Steve Chuang / CENS Thu, 28 Apr 2016 00:00:00 +0800 Five Golds Given Among 48 Winners of TAIPEI CYCLE d&i Awards 2016--Full-carbon wheel for disc brakes among Gold Award winners After considerable deliberation by an international jury panel, 48 entries were announced as winners of the prestigious TAIPEI CYCLE d&i awards 2016; while among them, five products were granted the TAIPEI CYCLE d&am... (Full Story) ]]> Quincy Liang / CENS Thu, 28 Apr 2016 00:00:00 +0800 Taiwan Talents Win Record Number at iF DESIGN AWARD 2016 by Taking 175 Awards, including 5 Golds Designers from Taiwan again bring home encouraging news to perhaps further confirm the undeniable fact that the relatively small island contains a sizable pool of talent in design. A record number of awards at the iF DES... (Full Story) ]]> Quincy Liang / CENS Wed, 27 Apr 2016 00:00:00 +0800 Global New-car Sales Up 2.3% to 88 M. in 2015--China`s new-car sales up 4.7% in 2015 to 24.6 million units for new record Continuing an uptrend in growth from 2013, when about 80 million units were sold, sales of new cars worldwide increased by 2.3 percent to reach a new record high of 87.28 million units in 2015, driven by robust demand fr... (Full Story) ]]> Quincy Liang / CENS Thu, 21 Apr 2016 00:00:00 +0800 AUO of Taiwan Showcases Bezel-less ALCD TV Display at 2016 CITE in China To showcase its considerable technological capability achieved via continued R&D efforts, AU Optronics Corp. (AUO), widely recognized as the second-largest maker of thin film transistor-liquid crystal display (TFT-LC... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Mar 2016 00:00:00 +0800 2016 CES Features AMOLED and TV Tech: WitsView of TrendForce Television technology occupied center stage at the 2016 Consumer Electronics Show (CES) in Las Vegas, with major vendors showing off their latest high-resolution sets during the event, according to WitsView, a division o... (Full Story) ]]> Quincy Liang / CENS Fri, 26 Feb 2016 00:00:00 +0800 Taiwan Machinery Makers` Imports and Exports Both Contract in 2015--Trade group president urges further depreciation of NT-dollar vs. greenback Throughout 2015, Taiwan shipped US$19.43 billion of machines and imported US$21.88 billion of machines, which represented 6.9 percent and 0.8 percent declines from the previous year, respectively, according to the Taiwan... (Full Story) ]]> Ken Liu / CENS Mon, 22 Feb 2016 00:00:00 +0800 W-Team Project Launches Woodworking Machine Tools to Help Taiwan Near Goal of Being World`s No. 3 Woodworking-Machinery Maker in 2016--Team 1`s turnkey wood flooring line replaces 7 machines Various trade groups and governmental bodies have been working aggressively to help Taiwan to meet the goal of becoming the world’s No.3 woodworking-machinery supplier in 2016 and boosting production revenue of its machi... (Full Story) ]]> Ken Liu / CENS Mon, 22 Feb 2016 00:00:00 +0800 Formosa Plastics Group of Taiwan Starts Investment to Build Ethane Cracking Plant in Louisiana, USA--Project targets raising to 80% overseas investment from current 25% Taiwan-based Formosa Plastics Group, the high-profile conglomerate set up in 1958 that produces petrochemicals and plastics, has kicked off an investment project to set up its fourth ethane cracking complex in Louisiana,... (Full Story) ]]> Steve Chuang / CENS Fri, 19 Feb 2016 00:00:00 +0800 Gogoro`s Innovative Smart E-scooter Paves Way to European Market at COP21--Picked as 10-must see exhibit by French media Although Taiwan was not invited even as observer at the 21st session of the Conference of the Parties (COP21) in Paris` Stade de France, an event held Dec. 7-8, 2015, Bolstering Success in Paris The Sustainable Innovatio... (Full Story) ]]> Quincy Liang / CENS Wed, 17 Feb 2016 00:00:00 +0800 LNC Technology of Taiwan Targets 3 Sectors to Vie for CNC Controller Orders--Maker is leading the way in turning “smart factory” into reality for Taiwan’s manufacturing industries In 2016, LNC Technology Co., Ltd., recognized as a leading maker of computer numerical controllers (CNCs) in Taiwan, has plans to target three global sectors for orders: manufacturers of machine tools, plastics-processin... (Full Story) ]]> Ken Liu / CENS Tue, 16 Feb 2016 00:00:00 +0800 Oversupply Continues in 2016 TFT-LCD Market: IHS The ongoing issue of thin film thin film transistor-liquid crystal display (TFT-LCD) oversupply -- exacerbated by China`s aggressive investment in production capacity as well as high equipment utilization -- will continu... (Full Story) ]]> Quincy Liang / CENS Thu, 4 Feb 2016 00:00:00 +0800 TPV Chairman Hsuan Sheds Light on Taiwan`s TFT-LCD Industry, Corporate Past and Present--Global oversupply of TFT-LCD panel to endure due to China`s planned economy Jason Hsuan, Chairman and CEO of TPV Technology Ltd., the world`s largest contract assembler of LCD monitors and the distributor of its own brands of AOC and Envision, recently summed up the dilemma of the oversupply pro... (Full Story) ]]> Quincy Liang / CENS Tue, 2 Feb 2016 00:00:00 +0800 TAMI Chairman Touts Taiwan Machinery Industry`s Capacity to Surpass Global Heavyweights with Industry 4.0 Plan--Ke counts on new president Tsai to live up to her promise Chairman X.B. Ke of the Taiwan Association of Machinery Industry (TAMI) points out that Taiwan’s machinery industry has the capacity to surpass its Japanese, Italian and even German competitors if it makes the most of th... (Full Story) ]]> Ken Liu / CENS Thu, 21 Jan 2016 00:00:00 +0800 Taiwan`s Yacht Builders Not Popping Champagne Corks Despite Advancing to Globally No. 4 in 2016 Rankings--Taiwan`s ban on cross-border navigation of watercrafts also dampens growth of sector locally While recent TV news platforms as CNN, CNBC and Bloomberg having aired stock market turmoil globally, with crude oil and iron ore prices continuing to plunge to impact major mining firms as BH Billiton and even the finan... (Full Story) ]]> Steve Chuang / CENS Mon, 18 Jan 2016 00:00:00 +0800 Cowealth`s Medical Equipment Leasing Plan Targets Even China`s County Cities by 2018--Taiwanese firm the first of its kind to tap China market some 18 years ago The Cowealth Group of Taiwan, a publicly held vendor of medical equipment who was the first Taiwanese firm to have entered the mainland Chinese market some 18 years ago, is determined to promote its products across prefe... (Full Story) ]]> Ken Liu / CENS Mon, 18 Jan 2016 00:00:00 +0800 Reported Rosy 2016 Light-vehicle Market Forecast Encourages Taiwan’s Fastener Makers--Boltun Corp. of Taiwan is approved as direct supplier to VW`s global factories With recent TV reports on CNN and CNBC stating encouraging vehicle sales in the U.S., likely due to record-low gasoline prices across North America, the global automotive market may be one sector of the volatile global e... (Full Story) ]]> Steve / CENS Tue, 12 Jan 2016 00:00:00 +0800 AUO of Taiwan Leads in Global Shipments of 4 Value-added Panel Types AU Optronics Corp. (AUO), recognized as the second-largest maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, recently said that it topped global counterparts in 2015 in shipments of four ty... (Full Story) ]]> Quincy Liang / CENS Tue, 12 Jan 2016 00:00:00 +0800 Taiwanese Medical Instruments Makers Carrying out Output Expansion amid Strong Global Market Demand--British firm predicts market to reach US$398 Bn. by 2017 In response to consistently strong market demand for medical instruments globally, some Taiwanese firms in the line have been aggressively expanding production capacity at home and overseas, to be better prepared for shi... (Full Story) ]]> Steve / CENS Fri, 8 Jan 2016 00:00:00 +0800 Fair Friend Group of Taiwan Rises as Leader in Turnkey Automotive Plant After Taking Over German MAG`s Ind. Automation Biz--Deal to help build presence in European segment and auto equipment sector The Fair Friend Group has emerged as the world’s No.1 maker of automated turnkey plants for the automotive industry after taking over the German MAG Group’s industrial automation system business, according to chief execu... (Full Story) ]]> Ken Liu / CENS Tue, 5 Jan 2016 00:00:00 +0800 Taiwan`s Bicycle & Parts Exports Continue to Increase Despite Volatile Global Ecomomy in 2015 Taiwan`s assembled-bicycle and parts exports contrasted against the frequently reported volatility, uncertainty in the global economy across TV news platforms as CNN, BBC, CNBC and Bloomberg, all of which held their brea... (Full Story) ]]> Quincy Liang / CENS Tue, 29 Dec 2015 00:00:00 +0800 Sales of Light-duty Vehicles to Total Over 2.1 B. from 2015 to 2035: Navigant Research Global sales of light-duty vehicles (LDVs) are expected to total more than 2.1 billion units from 2015 to 2035, according to a recent report from Navigant Research. The enormous dependency on crude oil derivatives in ... (Full Story) ]]> Quincy Liang / CENS Mon, 28 Dec 2015 00:00:00 +0800 Taiwan Sees Worst Drop in Machine Tool Shipment Since 2008--Relatively high NT-to-Dollar rate and bearish market demand seen as causes Noticing Taiwan’s exports of machine tools having dropped 15 percent year on year (YoY) to US$2.91 billion in the Jan.-Nov. period, chairman B.X. Ke of the Taiwan Association of Machinery Industry (TAMI) projects the isl... (Full Story) ]]> Ken Liu / CENS Tue, 22 Dec 2015 00:00:00 +0800 Micron Technology Announced 100% Acquisition of Inotera Memories Micron Technology, Inc., reportedly the world’s No.3 dynamic random access memory (DRAM) chipmaker headquartered in the United States, has decided to wholly acquire Taiwan’s staple-memory chipmaker, Inotera Memories Inc.... (Full Story) ]]> Ken Liu / CENS Tue, 22 Dec 2015 00:00:00 +0800 ASE Offers to Buy Majority Stake in SPIL Amid Tsinghua`s Potentially Premium Offer Chip assembly giant Advanced Semiconductor Engineering Inc. (ASE) has announced the offer to buy the whole Siliconware Precision Industries Co., Ltd. (SPIL) only three days after the Tsinghua Unigroup of mainland China p... (Full Story) ]]> Ken Liu / CENS Wed, 16 Dec 2015 00:00:00 +0800 Tsinghua Unigroup of China to Buy 25% Stake in Two More Taiwanese Chip Assemblers--Such acquisitions seen to bring ample capital without management takeover Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost... (Full Story) ]]> Ken Liu / CENS Thu, 10 Dec 2015 00:00:00 +0800 TSMC Applies for Approval to Build 12-inch Wafer Fab in Mainland China--US$3 Bn. project aims to further tap very robust mainland Chinese market Taiwan Semiconductor Manufacturing Co. (TSMC), recognized as the world’s No.1 maker of built-to-order chips, on Dec. 7 submitted an application to the Ministry of Economic Affairs (MOEA) for approval on its plan to open ... (Full Story) ]]> Ken Liu / CENS Mon, 7 Dec 2015 00:00:00 +0800 Large-sized Display Shipments to Fall 5% in 2015: IHS Global shipments of large-sized (larger than 10-inch) displays are forecast to fall 5 percent from the previous year, reaching 682 million units in 2015. This decline in unit shipments will be offset by an increase in la... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Dec 2015 00:00:00 +0800 Taiwan`s Auto-electronics Production Value Nears Assembled Vehicles`: IEK Global sales of new cars are expected to grow slightly by about 0.7 percent to over 90 million units, driven by major growth momentum coming from Europe and the U.S., with sales growth slowing in China, the world`s large... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Dec 2015 00:00:00 +0800 Realtek of Taiwan Supplies IP Cameras to Parts Supplier of BMW Realtek Semiconductor Corp. of Taiwan, an IC design company, reportedly has tapped into German automaker BMW`s supply chain with shipment of IP cameras for reverse-parking fisheye camera system. The Taiwanese company ... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Dec 2015 00:00:00 +0800 Global PHEV & BEV Sales to Top 700,000 Units in 2016: TRi Global sales of new electric vehicles (EVs), including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), in the first three quarters increased by 31 percent from the same period of last year ... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Dec 2015 00:00:00 +0800 FPD Industry to Face Arctic Market Conditions: IHS Research Director Yang Apparently economy of scale and production efficiency, which fortunately result in lower retail prices of flat panel displays, can ironically work against supplier. In the last 6 years, the retail price of a 32-inch LCD ... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Dec 2015 00:00:00 +0800 Innolux and AU Optronics to Start up New LTPS Production Capacity in 2016: WitsView The expanding shipments of low temperature poly-silicon (LTPS) thin film transistor-liquid crystal display (TFT-LCD) panels have been raising the penetration of full high-definition (FHD)-screen smartphones to about 25 p... (Full Story) ]]> Quincy Liang / CENS Mon, 7 Dec 2015 00:00:00 +0800 WitsView Predicts Higher 4K TV-panel Shipments Among Other Trends in 2016 Global shipments of large-sized thin film transistor-liquid crystal display (TFT-LCD) panels (7-inches and above) for the entire 2015 are forecast to reach 794 million units, a 4.1 percent year-on-year (YoY) drop and the... (Full Story) ]]> Quincy Liang / CENS Mon, 30 Nov 2015 00:00:00 +0800 Economics Minister Tips Dateline on Allowing Chinese Investment in Taiwan`s IC Design Sector--Industry insiders believe conditional permission to Chinese investment is feasible Economics Minister John Deng predicts that the Taiwan government to lift the ban on mainland Chinese investments in the island’s IC design houses as early as before his term ends next year in an interview with the Financ... (Full Story) ]]> Ken Liu / CENS Thu, 26 Nov 2015 00:00:00 +0800 BMW, Benz and Lexus Confirm to Achieve Record Annual Sales in Taiwan The age-old belief in Taiwan that imported cars are better than locally-made has not changed over the years, partly due to the lack of a notable, established automotive industry on the island and the well-known symptom o... (Full Story) ]]> Quincy Liang / CENS Thu, 26 Nov 2015 00:00:00 +0800 Automotive Display Market to Peak by 2020: IEK Driven by the continuing development of the Internet of Things (IoT), demands from different segments including smart homes and autonomous cars have been increasing at accelerating speed. In addition to TVs and consumer-... (Full Story) ]]> Quincy Liang / CENS Fri, 13 Nov 2015 00:00:00 +0800 China Harmony and Alibaba Tie Up in Automotive After-sales Service Biz in China China Harmony Auto Holding Co., a major luxury-car dealer in China, recently announced a partnership with the Alibaba Group of China, an e-commerce giant that listed on the NYSE this year, to jointly develop automotive-r... (Full Story) ]]> Quincy Liang / CENS Thu, 12 Nov 2015 00:00:00 +0800 Aeon Lighting Technology Inc.--High-end LED lighting products ​ Aeon Lighting Technology Inc. (ALT) promoted a number of striking products at the HKTDC Hong Kong International Lighting Fair (Autumn Edition), held Oct. 27-30, among which included the Zenus series drivers for high-p... (Full Story) ]]> Ken Liu / CENS