Tongtai Machine & Tool Co., Ltd. recently broke ground to construct its second factory at the Luzhu Science Park in the Southern Taiwan Science Park as part of its plan to be a globally top-20 machine-tool maker by 2020 by building high-end machines for the automotive and aircraft industries. Th

Growth of the global market for tablet PC may have peaked, based on the continuously declining shipments seen by market research institutes. According to the latest report by International Data Corp. (IDC), a U.S.-based market research firm, global tablet PC shipments totaled only 47.1 million unit

By QUINCY LIANG The Taiwan External Trade Development Council (TAITRA) recently announced the 10 winners of the 2015 Taiwan Excellence Gold Award at a ceremony in Taipei. The ceremony was joined by a number of VIPs, including President Ma Ying-jeou, Vice Minister of Economic Affairs Yang Wei

To make the most of business opportunities in the coming extended Labor Day holidays in China (from May 1st), most major personal computer (PC) vendors have in-turn launched new notebook PC models, including Acer, Asus, Lenovo, etc. Thanks to the new-model launches and aggressive stocking up by

Compiled by Quincy Liang The Taiwan External Trade Development Council (TAITRA), the semi-official trade promoter, recently announced to cooperate with other partners to host the 3rd Myanmar International Auto Parts & Accessories Exhibition (Auto Expo Myanmar 2015) from July 22 to 25 at the Myan

Fueled by the robust electronics and chemical industries, Taiwan’s industrial production index (IPI) grew 6.49 percent year on year (YoY) to 111.56 in March, according to the latest report issued by Ministry of Economic Affairs (MOEA). Meanwhile the report shows the index of production output by

April 8-11 saw the 2015 edition of a widely anticipated trade fair for automotive and motorcycle suppliers that was staged at the Nangang Exhibition Hall (in Xize district in suburban Taipei) and TWTC Exhibition Hall 1 in Taipei, in the Shinyi district of the national capital also known for upscal

Despite IMF (International Monetary Fund)’s latest report on global economic growth forecasts casting shadow to outlooks in emerging markets, which shows the overall GDP growth rate in emerging countries, including China, Brazil and Russia, to slow to 4.3% and 4.7% in 2015 and 2016, respectively, t

Taiwan’s yacht industry chalked up a 13.16 percent yearly growth in exports of US$172 million in 2014, the first double-digit growth in the past five years to indicate an encouraging turnaround since the global yacht market began to sour amid the aftermath of the global financial meltdown in 2008,

Compiled by STEVE CHUANG With the Japanese yen at record-lows recently to make the nation's exports more competitive, coupled with its machine tool industry still commanding global respect for supplying some of the best, the 28th Japan International Machine Tool Fair (JIMTOF), a globally top-5 t

Driven by increasingly stronger demand in traditional high season (snowy winter in North America and Europe typically sees higher rates of road accidents to fuel demand for auto body parts as fenders and bumpers), several Taiwan Stock Exchange (Taiex) -listed auto-parts companies reported encouragi

Both of the high-profile Taiwan Stock Exchange (Taiex)-listed bicycle manufacturers in Taiwan, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., as well as the reportedly world's largest bicycle chain supplier KMC Chain Industrial Co., posted year-on-year (YoY) revenue growths in the fir

Hon Hai Precision Ind. Co., Ltd. and Pegatron Corp., Apple’s top-two contract assemblers, saw their revenues for February 2015 hit new highs although the figures dropped from a month earlier due to less workdays in the month interrupted by the Chinese New Year break. Hon Hai had consolidated rev

Taiwan Semiconductor Manufacturing Co. (TSMC), currently the world’s No.1 contract chipmaker, announces having net revenue of NT$62.64 billion (US$2.02 billion US$1:NT$31) in February this year alone, sinking 28.1% from the previous month whereas gaining 33.8% year on year. Industry executives a

Compiled By KEN LIU The biennial 2015 Taipei International Machine Tool Show (TIMTOS), held March 3-8 in the Taipei World Trade Center Hall 1 and Nangang Exhibition Hall, saw notable technologies as multitasking, robotic arms and Industry 4.0 that are touted as crucial to "Smart Manufacturing."

Compiled by KEN LIU The biennial 2015 Taipei International Machine Tool Show (TIMTOS), held March 3 through 8 in the Taipei World Trade Center Hall 1 and Nangang Exhibition Hall, drew a total of 7,130 foreign buyers and created US$2.1 billion in potential business opportunities. The buyers so

Last year, Taiwan’s three science-based industrial parks, namely the Hsinchu Science and Industrial Park (HSIP), the Central Taiwan Science Park (CTSP), and the Southern Taiwan Science Park (STSP), together set record highs in production revenue, export revenue, and employment. According to Taiw

Compiled By KEN LIU Industry executives predict both Taiwan’s exports of machinery and machine tools to rise 10 percent this year from last year based on strong exports in January 2015 due to sustained growth in demand from global automakers and aircraft builders. According to Chairman S.

January saw Taiwan’s 10 export processing zones overseen by the Ministry of Economic Affairs (MOEA) generate some NT$32.9 billion (US$1.06 billion) in export revenue, increasing 16 percent year on year to hit a new high, according to the ministry’s Export Processing Zone Administration. Based on

Despite a low-season factor, Taiwan’s leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Roundtop Machinery Industries Co., Ltd., Kao Fong Machinery Co., Ltd., Falcon Machine Tool Co., Ltd., Shieh Yih Machinery Industry Co., Ltd., Tong Tai Machine & Tool Co.,

After reporting record revenues in 2014, the recognized top-two Taiwanese bicycle manufacturers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., are very optimistic about their 2015 operations, with especially strong sales in Europe. Giant, reportedly the world's largest bicycle mak

Pota Corporation, founded in 1982, is a professional manufacturer of high-quality paper-ware making machines. The company boasts strong development capability and abundant experiences, enabling it to continually expand its product range. Pota currently supplies a spate of versatile paper-ware ma

Compiled by KEN LIU Reportedly the world’s No.4 machine-tool exporter with revenue of US$3.87 billion, Taiwan machine-tool makers generally enjoy sound reputation worldwide, due mainly for efforts to emulate advanced makers to roll out user-friendly designs that help customers cut labor cost, op

Ocean Associate Co., Ltd. is one of Taiwan’s most professional manufacturers of paper making machines with self-own manufacturing techniques. At present, the company’s major product lines are facial tissue making machines, paper napkin making machines, multifold and single fold hand towel machin

Chip assembler Siliconware Precision Industries Co., Ltd. saw after-tax net income for 2014 surge 99.1 percent year on year to a seven year high of NT$11.73 billion (US$378.41 million), or NT$3.74 per share. The company had 2014 total revenue of NT$83.07 billion (US$2.67 billion), increasing 19.

Revenue or turnover of Taiwan’s businesses, described by the government chiefly as retail, wholesale and food services, totaled NT$14.5 trillion (US$460.31 billion) in 2014 to set a new high for the second consecutive year, according to Ministry of Economic Affairs (MOEA). In December, busin

Taiwan’s unemployment rate dropped to 3.96% throughout 2014, being sub-4% for the first time in seven years, according to the Directorate General of Budget, Accounting and Statistics (DGBAS). Nevertheless such rate was higher than Hong Kong’s 3.2%, Japan’s 3.5%, South Korea’s 3.4% and Singapore’

Driven by higher new-car sales in Taiwan and China, as well as depreciating NT dollar against greenback that enhanced the island's export competitiveness, several Taiwan Stock Exchange (TSE)-listed auto-parts makers reported promising results for 2014. Industry sources say Q4, 2014 saw the NT-d

The expansion plan of Taiwan Semiconductor Manufacturing Co. (TSMC), a major semiconductor foundry, at the Central Taiwan Science Park (CTSP) in Taichung City failed to pass environmental assessment at a meeting on Jan. 21 with the Environmental Protection Administration (EPA) of the executive mini

Founded in 1989, Grand Forging Industries Co., Ltd. is an ISO 9001:2000-approved company specializing in forging and processing of parts and components. Backed by global reputation for high-efficiency production and processing achieved by top-end and advanced equipment, as well as skillful work