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.
Impressed by the sanguine outlook of the robot market, Chairman Eric Chuo of the Hiwin Group recently forecasted its industrial robot shipments to surge to 100 systems monthly in the second half of this year, up from the current five systems. The sharp shipment increase is predicted to boost robot sales to 10% of the group’s 2014 revenue. Chuo said the group, currently Taiwan’s No.1 manufac...
The semi-official Taiwan External Trade Development Council (TAITRA) and Corporate Synergy Development Center recently co-introduced an integrated marketing plan to boost Taiwan’s machinery industry revenue to the NT$1 trillion (US$33.3 billion) milestone and also upgrade the island’s global machine-tool exporter ranking to the third place from current No. 4. The plan focuses on promoting the ...
Hiwin Technologies Corp. has announced Q1 consolidated revenue of NT$3.01 billion (US$100.4 million), increasing 26.9% from NT$2.37 billion (US$79.1 million) year on year, including NT$1.08 billion (US$36.1 million) for March, up 23.53% from the previous month and 30.98% year on year. Company chairman and chief executive officer (CEO), Eric Chuo, attributes the handsome first quarter result mo...
Most of Taiwan’s machine-tool makers predict strong sales to continue into the second half of this year after recording encouraging performance in the first quarter due to brisk demand from China’s makers of vehicle parts and molds as well as the rallying demand in America and Europe. They say that the U.S. government’s efforts to motivate expat American manufacturers to return production hom...
In the first quarter of 2014, Taiwan shipped US$4.6 billion worth of machines, up 9.1% year on year, according to the Taiwan Association of Machinery Industry (TAMI), which represents over 2,000 machinery makers across the island. The export revenue included the US$1.8 billion generated in March, up 7.89% year on year. When denominated in the New Taiwan Dollar, the March exports were NT$55....
Hiwin Technologies Corp., a Taiwan-based maker of precision components for machinery, has announced NT$2 billion (US$67.3 million) in after-tax net income, or NT$7.96 per dilute share, last year, making it the most profitable machine-tool maker on the island, with the earnings up 0.62% from 2012, to which the company ascribes partly the NT$200 million (US$6.6 million) from foreign exchange trade...
Hiwin Technologies Corp., a Taiwan-based maker of key components for precision machinery, targets consolidated revenue up to US$1 billion for this year with its subsidiaries. Company chairman and chief executive officer (CEO), Eric Chuo, is confident of achieving the goal for several advantageous developments in the automation market. He feels that the aircraft-building industry will continue ...
Taiwan's leading machine-tool makers scored February revenue growth ranging from 10% to over 100% year on year mostly thanks to market recovery worldwide. The manufacturers include Tongtai Machine & Tool Co., Ltd., Victor Taichung Machinery Works Co., Ltd., Hiwin Technologies Corp., Goodway Machine Corp., Awea Mechantronic Co., Ltd., Roundtop Machinery Industries Co., Ltd., Shieh Yih Machiner...
Taiwan’s machine-tool makers made better-than-expected earnings in 2013 on average mostly due to income from currency exchanges. Kao Fong Machinery Co., Ltd. saw both revenue and earnings for last year hit fresh historical highs, with after-tax net income of some NT$130 million (US$4.3 million), or NT$1.5 per share, on consolidated revenue of NT$2.04 billion (US$68 million). Hota Industrial...
Manufacturers buck the doldrums affecting other sectors of Taiwan's machinery industry
Mar 25, 2014By STEVE CHUANG Although 2013 was a year of declining exports for most Taiwanese machinery suppliers, makers of packaging machines finished the year with robust growth. The latest statistics published by the Taiwan Association of Machinery Industry show that exports of Taiwan-made food and other packaging machines amounted to US$432.963 million during the first 10 months of last year, up 4....
