Chairman Edward Yang of the Goodway Group, mainly composed of Goodway Machine Corp. and AWEA Mechantronic Co., Ltd., feels that the signs pointing to a recovery in Taiwan’s machine-tool industry should arrive in the second quarter of 2016 on grounds that buyers would need huge supply to replenish low inventories after nearly three quarters of adjustment that had begun in the third quarter of 2015...

The recognized leading makers of machine tools and components in Taiwan, including Hiwin Technologies Corp., Tongtai Machine & Tool Co., Ltd., Kao Fong Machinery Co., Ltd., Shih Yih Machinery Co., Ltd., and Taiwan Takisawa Technology Co., Ltd., are projected to grow at annual rate ranging from two percent to over 10 percent in 2016 regardless of uncertain market outlook in the first half. The ...

Market consultancy Topology Research Institute (TRI), a subsidiary of the TrendForce Group of Taiwan, forecasts that the global industrial-robot market to grow robustly in 2016, with mainland China’s demand alone rising 26.7 percent to 95,000 systems, despite the still uncertain outlook of the global economy. The consultancy bases its upbeat forecast mainly on the worsening labor shortage in C...

The Tongtai Group of Taiwan estimates machine tools for making aircraft parts to rise to account for 10 percent of its revenue by 2016, up from the projected five to seven percent for 2015. Although machines for making automotive and motorcycle components remain the group’s major revenue earner, the group has reportedly diversified into the field of aircraft-making machine tools and teamed up ...

Taiwan’s leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and Tongtai Machine & Tool Co., Ltd., predict their revenue for 2015 likely to fail to meet targets as a result of inability to compete against Japanese makers when the global market faces various uncertainties, not least of which being the disruptive forces of still u...

Taiwan’s machine-tool makers have entered into an alliance with the island’s aircraft builders and a government-backed laboratory to develop intelligent industrial technology to sharpen their machine tool capability to manufacture aircraft, in an effort to tap the global aircraft-building market, which reportedly is estimated at US$5.2 trillion over the next 20 years. The Machine Team, also kn...

Chairman Eric Chuo of Hiwin Technologies Corp., recognized as Taiwan’s No.1 maker of ball screws and linear guideways for machine tools, has announced his company's landing an order from one of the island’s top chipmakers for 200 units of its wafer production line robots, which pick up and install silicon wafers. The company will begin to deliver the order in the final quarter this year, marki...

Machine tool trade groups of Taiwan and mainland China have announced to co-develop communication protocol standards for Internet-connected machine tools to prepare for smart manufacturing projects worldwide, a trend that is gaining momentum and industry attention globally. Taiwan Association of Machinery Industry (TAMI) and China Machine Tool & Tool Builders’ Association (CMTBA) made the anno...

Thanks to the weaker NT-dollar, which devalued to about 33 to one US dollar occasionally this summer, most of Taiwan’s listed machine-tool makers achieved fatter earnings in the third quarter than they did throughout the first half of this year, with Goodway Machine Corp. leading the way with earnings of NT$2.5 per share. Industry executives point out that local machine-tool makers usually set...

With ever more resident companies operating there, Central Taiwan Science Park (CTSP), one of Taiwan’s three major science or tech industrial parks that include Hsinchu Science Park and Southern Taiwan Science Park, is expected to score annual revenue of NT$550-600 billion (US$17.18-18.75 billion) this year, according to the CTSP Administration. CTSP generated annual revenue of NT$522.1 billio...