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.
The Taiwan-based Hiwin Technologies Corp. announced consolidated revenue of NT$1.19 billion (about US$37.37 million) in August, down 9.5% from the previous month and 16.3% lower year-on-year (YoY). The company is the world’s biggest manufacturer of linear motion products for precision machinery, including ball screws, linear bearings, linear guideways, linear actuators, intelligent linear guid...
Four leading machine-tool makers in Taiwan have recently opened a joint laboratory to develop software that can boost machining precision to more effectively control vibrations transmitted from cutters that typically occur when working on harder metallic workpieces. Aided by the coordination of the Department of Industrial Technology (DoIT) under the Ministry of Economic Affairs (MOEA), the Fa...
In an effort to move upmarket, Tongtai Machine & Tool Co., Ltd., one of Taiwan’s leading machine-tool makers, is aggressively developing five-axis machining centers for the aircraft-building industry in cooperation with the aircraft builder Aerospace Industrial Development Corp. (AIDC) of Taiwan. Industry executives estimate aviation-industry machine tools to increase to account for 5 percent ...
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...
According to statistics released by the Customs Administration under the Ministry of Finance (MOF), Taiwan exported US$1.91 billion of machine tools in the Jan.-July period, down 10.4 percent year on year. In July, the exports sank 17.2 percent from the same month of last year, to US$269 million, with the shipments to mainland China contracting 25.5 percent and the shipments to the United States ...
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...
In the first six months of this year, Taiwan exported US$10.12 billion of machinery, including US$1.64 billion of machine tools, both of which representing year-to-year decreases, with the total export inching down 0.4 percent and the machine-tool export sinking 9.1 percent. President J.C. Wang of the Taiwan Association of Machinery Industry (TAMI), which represents around 3,000 Taiwanese mach...
Hiwin Technologies Corp., currently Taiwan’s No.1 maker of ballscrews and linear guideways for precision machinery including machine tools, announced consolidated revenue of NT$1.46 billion (US$47.22 million) for last month, rising 19.3 percent year on year to set a new all-time high. The June revenue helped swell the company’s consolidated revenue for the first half of this year by 21.5 perce...
Many of Taiwan’s leading machine-tool makers saw their exports in June rise from the previous month as a result of their discount pricing strategy, temporarily halting their sagging exports impacted by strengthened NT-dollar-to-greenback rate relative to weaker counterparts of euro, Japanese yen and South Korean won. Taiwan-built machine tools have recently become less competitive on the inter...
Hiwin Technologies Corp., recognized as Taiwan’s No.1 manufacturer of ball screws and linear guideways for mainly machine tools as well as industrial robots, announced posting consolidated revenue of NT$1.46 billion (US$47.22 million) in May, rising 4.9 percent from the previous month and 24 percent from the same month of last year. The May revenue helped swell the company’s consolidated reve...
