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.
Taiwan's Industrial Production Index (IPI) decreased 5.46% from a year earlier, or year-on-year (YoY), in August to 104.47, according to Department of Statistics (DOS), the Ministry of Economic Affairs (MOEA). The island's IPI saw YoY drop for the past four months in a row, DOS said, and the rate of decrease in August was the steepest in 30 months; while DOS' deputy director general, K.H. Yang...
Taiwan's Ministry of Economic Affairs (MOEA) plans to propose a new automotive commodity-tax rebate project that is expected to help stimulate new-car sales, lower carbon emissions, boost used-car exports, and develop the local automotive industry. The tax rebate plan, according to insiders familiar with the program, is designed to subsidize owners of three ranges of used cars: four-year-old, ...
Four Taiwanese manufacturers have announced to increase capital to fund their expansion plans in the Taichung Export Processing Zone in central Taiwan and Chiayi Dapumei Intelligent Industrial Park in southern Taiwan. The four companies are Canon Inc. (Taiwan), Calin Technology Co., Ltd., Lingsen Precision Industries Co., and Ltd., Yoketan Corp. Canon plans to invest around NT$4 billion (US...
With rising affluence in China and more travelers opting for cruise ship voyages worldwide, partly due to its image as upscale consumption, to fuel the global market for cruise tourism, Taiwan’s cruise passenger arrivals are expected to reach 778,000 this year for a 7.7 percent increase over last year, according to Taiwan International Ports Corporation, Ltd. (TIPC), a government-funded operator ...
Thanks to increased shipments of new 2016 models, Taiwan Stock Exchange (Taiex)-listed bicycle and parts manufacturers reported encouraging results for August, including Giant Manufacturing Co., Ltd., Merida Industry Co., Ltd., Ideal Bike Corp., and KMC Chain Industrial Co., Ltd. Due largely to its successful sports marketing campaign, Merida, recognized as the No. 2 assembled-bicycle manufact...
Taiwan’s exports further dropped 14.8 percent year on year in August, with all of the 11 export categories but transportation equipment underscored by bicycle posting decline, according to the Ministry of Finance. The ministry expects the island’s exports to begin rebounding in September after steadily declining for the seventh month based on the local petrochemical industry having resumed pro...
Aerospace Industrial Development Corp. (AIDC), the largest aircraft manufacturer in Taiwan, recently celebrated its first anniversary since becoming a fully privatized company. To show its determination to pursue high-speed business growth, the company decided to recruit more than 100 new employees, while turning the existing 500 to 600 part-time workers into full-time employees. Such move, accor...
A total of 23,745 projectors were sold in Taiwan in the second quarter of 2015 (19,926 units sold in Q1, 2015), up 11.6 percent year-on-year (YoY) and 19.2 percent quarter-on-quarter (QoQ), according to statistics released by IDC Taiwan, the local subsidiary of the global provider of market intelligence. Ray Lin, associate market analyst, PC & Peripherals Group of IDC Taiwan, attributes the sa...
Chairman H.S. Hsu of Taiwan’s Chinese National Federation of Industries (CNFI) suggests Taiwan and mainland China to co-develop an “Industry 4.0” partnership framework so that industries on the two sides of the Taiwan Strait can more precisely grasp future trends of industry and minimize redundancy that occurs with repeated investment of resources into the same areas. His proposal has gained s...
SEMAT firefighting motorcycle, SEMAT DC firefighting system, firefighting equipment and accessories, etc.
Aug 17, 2015After several years of research and development, Yu Siang Shun Co., Ltd., a firefighting equipment developer and manufacturer in Taiwan, recently said that it has successfully developed two new, innovative firefighting products, including the SEMAT firefighting motorcycle and SEMAT DC firefighting system. The former is a specially-developed scooter designed to carry the SEMAT DC firefighting syst...