Innolux Display Corp., a major Taiwanese maker of thin film transistor-liquid crystal display (TFT-LCD) panels, topped global counterparts in 4K2K, or UHD (Ultra High Definition), TV panel shipments in 2013 by accounting for 64% of the global market, according to WitsView Technology Corp., a LCD market research firm. Thanks to the strong demand created by the coming Chinese New Year (in late J...

Hon Hai Precision Ind. Co. Ltd., often reported as the world's largest EMS (electronics manufacturing services) provider based in Taiwan, recently announced consolidated revenue of NT$3.95 trillion (US$131.67 billion) in 2013, a record high in company history and a 1.25% increase from the previous year, including fourth-quarter revenue of NT$1.33 trillion (US$44.3 billion), also a record quarterl...

Merida Industry Co., Ltd., a major bicycle manufacturer in Taiwan, set six corporate record highs in 2013, including annual consolidated revenue, total sales volume, domestic sales volume, sales volume in China etc. Due to delayed shipments, Merdia's revenue climbed by 10.6% YoY to NT$2.15 billion (US$71.77 million) last December, with annual revenue of NT$25.34 billion (US$844.7 million) in 2...

With the digital world upon us, digitalization will significantly change the technology market through the Internet of Things, or IoT. By 2020, IoT is forecast to create US$1.9 trillion of economic value add, while in the same year over 30 billion connected devices will be in use, according to Gartner Inc.. The IoT encompasses hardware (the 'things' themselves), embedded software (software run...

With the added capacity from their new fifth-generation (5G) and -beyond production lines, Chinese manufacturers are expected to produce about 24.5% of the world's thin film transistor-liquid crystal display (TFT-LCD) panels in 2015, up from only 13.8% in 2013, according to the WitsView Technology Corp., a Taiwan-based LCD market research firm. WitsView also said that Taiwan is expected to acc...

The Aerospace Industrial Development Corp. (AIDC), a major state-owned aircraft manufacturer in Taiwan, recently announced to venture into the business jet leasing business by cooperating with a local corporate-jet operator and aircraft charter & management company. At the partnership signing ceremony, J.T. (Jason) Liu, chairman of AIDC, also announced that his company will complete related wo...

Aerospace Industrial Development Corp. (AIDC), the largest aerospace company in Taiwan, recently held a ceremony to celebrate the delivery of its first shroud panel (including both the flap and aileron) for Embraer's ERJ 190 regional jet to Kawasaki Heavy Industries (KHI), a Japanese subcontractor of the ERJ 190 program. The ceremony was hosted at the Taiwan Advanced Composite Centre (TACC), w...

Aerospace Industrial Development Corporation (AIDC), the largest aircraft manufacturer in Taiwan, recently claimed that it signed agreements for new orders from major international companies during the 2013 International Paris Air Show, held from June 17-23 in Le Bourget, France. AIDC's senior vice president George Fung signed a Memorandum of Agreement (MOA) with representatives of U.S. aircra...

Sourcing Taiwan 2013, held in late March, attracted about 600 buyers from 60 countries and regions. The show created business opportunities valued at an estimated US$4.93 billion, a record high. The event was organized by Taiwan External Trade Development Council (TAITRA), the government-backed trade promoter, which organized 10,000 one-on-one trade talks for foreign buyers and more than 2,200...

Chia Cheng World Industrial Co., a leading supplier of total solutions for washroom and bathroom hardware and accessories, will inaugurate a new company headquarters in Taiwan at the end of this year. The new facility will include an office building, production lines, and large logistics center. It will double the company’s production and inventory capacity and boost its assembly capacity 10-...