These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
A Taiwanese official delegation led by Governor Wei Ming-Gu of Changhua County visited Tesla’s factory in Silicon Valley in late June, actively soliciting investments by the globally prestigious electric vehicle maker in the central administrative region of Taiwan. To lure investments by the carmaker, Changhua County has lots of advantages, including the vehicle-testing ground and advanced eq...
David Shen, chairman and CEO of Hota Industrial Mfg. Co., Ltd, one of Taiwan’s largest precision auto transmission component makers by size, confirmed to invest NT$ 180 million (about US$ 5.9 million) to establish “Intelligent Manufacturing” service platform. Shen noted that within 5-10 years, Indonesia and Philippines will no longer export labors while low fertility issue has made the manpo...
Angus Tseng, Oddo Kitchen president and newly elected chairman of Taipei Kitchen Commerce Association, is aiming to explore more business opportunities in the international market through industrial upgrading. “Kitchenware industry is now facing the issues such as manpower shortage, inadequate brand differentiation, rapid rise of China, and chaotic market competition.” Tseng said. “Therefore,...
Amid optimism towards recovery of the global steel market, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, is widely expected by market observers to raise its nominal prices of domestically-sold steel for Q4 on August 26, when the firm will announce new prices. The reported expectation for higher steel prices to be charged by CSC in Q4 than in Q3 makes sense, giv...
Impacted by steadily shrinking exports and local economy battered by a slowing Chinese economy, recent upheavals in the Chinese stock market, dropping oil and commodity prices, Taiwan’s industrial production index (IPI) continuously dropped by 1.35 percent year-on-year (YoY) to 106.42 in June, albeit having inched up only 0.02 percent over May, according to the latest report issued by the Ministr...
Apparently shrugging off impact from protracted downtrend in the global air cargo industry, as well as betting on better prospects on the back of lower fuel prices, EVA Airways Corporation (EVA Air), Taiwan’s top-2 airline by size, has just finalized an order for five new Boeing 777F freighters for less than NT$50 billion (US$1.58 billion) as part of its fleet expansion plan that involves NT$65.5...
China Steel Corp. (CSC) recently launched the Taiwan Fastener Service Cloud, a cloud-based business matchmaking system aimed at connecting Taiwanese fastener suppliers with professional buyers throughout the world. The system is expected to help insiders fend off emerging competitors in the future. CSC is the largest steelmaker and wire rod supplier in Taiwan. The company developed the new clo...
With some local surface treatment factories officially ordered to shut down due to the violation of environmental protection laws in Taiwan’s southern metropolis of Kaohsiung, where more than 80% of Taiwan's fasteners are made, domestic fastener manufacturers are doing everything they can to repair their supply chain breakdown and cushion its impact in he coming months. The wave of mandatory p...
