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.
According to the Taiwan Association of Machinery Industry (TAMI), the island shipped US$10.1 billion of machinery in the first half (H1) of the year, up 8.2% year on year, with such increase to reach a 10.6% year-on-year growth to NT$307 billion (US$10.2 billion) if denominated in the New Taiwan dollar. In June Taiwan's shipments increased 12.7% YoY to US$1.91 billion or up 13.7% from the same...
Regardless of the lower-than-expected earnings for the second quarter (Q2) of 2014, Hiwin Technology Co., Ltd. Chairman Eric Chuo remains sanguine about corporate sales in the second half (H2) of the year. The company, a major Taiwanese maker of precision components for machines and a global maker of ballscrews, saw after-tax net income for Q2 drop 38.5% sequentially, to NT$328 million (US$10....
Taiwanese machine-tool makers Hiwin Technology Co., Ltd. and Fair Friend Group will engage in acquisitions overseas in the second half (H2) of the year to support robotic projects and build global presence. Hiwin, a major maker of ballscrews and precision components for machine tools in Taiwan, will acquire a German software developer of driver control programs, while Fair Friend, Taiwan’s maj...
Manufacturers strive to offer uniquely efficient products that outpace the low-price competition
Aug 19, 2014By KEN LIU At a time when machine-tool makers are rushing to introduce machines that are more durable, more precise, faster, and more energy-efficient, Taiwan’s parts makers are rushing just as fast to offer the improved components they need. Marox Tools Industry Co., Ltd., founded back in 1976, specializes in making tool holders for cutting tools used in the machine-tool and mold-making in...
By STEVE CHUANG According to insiders there is growing demand globally for high performance, energy-efficient, low labor input and compact machinery. And lots of Taiwanese extrusion machine makers are rising to such challenge to develop top-caliber models that help users to achieve high profit and cut cost. Planetary Rolling Mixer As an extrusion equipment supplier in Tainan City, southe...
Local manufacturers beat the competition through R&D and innovation
Aug 13, 2014By STEVE CHUANG Taiwan's makers of plastic and rubber machinery, including blown film machines, have generally experienced a business slump so far this year mainly because of increasing rivalry from emerging competitors as well as sluggish corporate investment in fixed assets over the past few years. Soon, however, things are expected to turn upward again. According to the latest statistics...
Manufacturers race to keep ahead of rivals by developing high-end and robotic models
Aug 12, 2014By KEN LIU Taiwan’s machine-tool makers are rushing to keep up with market trends and address the issues of labor cost, production efficiency, and quality by introducing machines that are ever-more automatic, intelligent, and efficient. Already the world’s No. 4 machine-tool exporter with export revenues totaling US$3.5 billion in 2013, Taiwan is well-positioned for the further development ...
In June, Taiwan shipped US$352 million of machine tools, up 13.3% year on year to help boost Taiwan's H1 exports by 4.9% YoY to US$1.8 billion or so, according to the Taiwan Association of Machinery Industry (TAMI). TAMI President J.C. Wang pointed out that the June figure shows the island’s machine-tool exports returning to the peak of 2012, attributing such performance mostly to the 16.1%, 8...
Taiwan’s leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry executives ascribe such profitability mostly to the recovering U.S. and European economies, which motivate machinery importers to begin restocking. They also fo...
While cautious industry executives feel Taiwan’s machine-tool exports are likely to rise 8% year on year this year, optimistic insiders project exports to rise 10% to US$4 billion based on the upbeat results in the first four months of the year. In April, the island’s machine-tool industry shipped US$320 million of machines, up 1.12% year on year, with Jan.-Apr. shipments being US$1.1 billion...
