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.
Driven by higher new-car sales in Taiwan and China, as well as depreciating NT dollar against greenback that enhanced the island's export competitiveness, several Taiwan Stock Exchange (TSE)-listed auto-parts makers reported promising results for 2014. Industry sources say Q4, 2014 saw the NT-dollar deeply depreciate against the greenback to have benefited many local auto-parts exporters in r...
Tung Thih Electronic Co., Ltd. (TTE), a major original equipment (OE) automotive-electronics supplier to international automakers listed on the Taiwan Stock Exchange (TSE) and a major supplier of automotive parking sensors in Asia, will likely double its parking-sensor shipments in 2015, driven by its 10-year OE order from General Motors (GM) for cars built on the D2XX platform. The D2XX is to...
Skoda, a Czech brand under the German auto conglomerate Volkswagen, recently announced to set up the fully-owned Skoda Taiwan subsidiary on the island to take over the agency in Taiwan originally owned by Taikoo Group. Y.L. Lin, Skoda Taiwan's president, said the new subsidiary will immediately focus on marketing and distribution-channel construction, to target doubling its annual sales volume...
Yulon Nissan Motor Co., a joint venture between Taiwan's Yulon Group and Japanese automaker Nissan, and Taiwan's agent of Nissan and Infiniti, recently announced its 2014 new-car sales up by about 10%. In 2015 the company plans to launch a new model and looks to achieving 10% revenue growth. Tapping advantage of the depreciating Japanese yen, Yulon Nissan said that it plans to purchase more au...
Two Taiwan Stock Exchange (TSE)-listed automotive companies, Hotai Motor Co. Ltd. and Yulon Motor Co., Ltd., posted record high revenues in 2014, driven by a nine-year high new-car sales volume in the domestic automobile market. Hotai, agent of Toyota and Lexus in Taiwan, sold more than 139,000 new cars in Taiwan last year, retaining its No. 1 auto vendor position for 13 years in a row, with c...
Motivated by the potential to take advantage of the U.S. government's investigations of Chinese tire makers for dumping and subsidizing products, Kenda Rubber Ind. Co., Ltd., a major tire maker in Taiwan, has plans to start capacity-expansion projects on the island. Kenda's board recently resolved to authorize the chairman, Yang Yin-ming, to find, purchase land in Taiwan for up to NT$1 billio...
Five-in-one mega show expected to attract 8,000 professional buyers
Jan 29, 2015A total of five transportation vehicle-related trade shows will be held simultaneously in Taipei during a four-day session, providing global buyers with a one-stop-shopping sourcing venue for vehicle-related products and services. The Taiwan External Trade Development Council (TAITRA) recently announced that the 2015 Taipei Int'l Auto Parts & Accessories Show (Taipei AMPA), International A...
Taiwan's Automotive Research & Testing Center (ARTC), a key transportation vehicle testing and R&D institute, recently reported having developed an autonomous parking system based on existing Autonomous Driving Assistant System (ADAS) technology. The autonomous parking system is applicable in outdoor parking lots, and consists of Wifi-enabled inter-communicating outdoor cameras, central-contro...
Mercedes-Benz, Volvo, and BMW continue to be the top-three players in the consumer Advanced Driver Assistance Systems (ADAS) market. They outperform competitors either in terms of the degree and significance of their innovation, or in how effectively they make their systems available to consumers – sometimes in both, according to ABI Research, an international market research firm. As mass-mar...
Hon Hai Precision Ind. Co. Ltd., a major EMS (electronics manufacturing services) provider based in Taiwan, recently announced to invest about NT2.4 billion (US$80 million) in China Harmony Auto Holding Ltd., a Chinese auto distribution group listed in Hong Kong. Industry insiders say Hon Hai plans to jointly develop electric vehicles (EVs) with China Harmony, with the investment to enable Hon...
