Both Taiwan's top-two bicycle manufacturers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., hit record-high revenues in 2014, with Giant Group's consolidated revenue outstripping NT$60 billion (US$2 billion) for the first time in company's history. Giant, recognized as the world's

Driven by strong sales in most months, new-car sales in Taiwan totaled 423,829 units in 2014, up 12% from a year earlier (378,456 units sold) to set a 9-year volume high since 2005 (around 500,000 units sold). Most auto vendors and distributors are optimistic about continuing rise in demand in 2

Driven by enduring demand for leisure and sports footwear globally, Pou Chen Corporation, Feng Tay Enterprises Co., Ltd. and Fulgent Sun Group, Taiwan’s top-three contract manufacturers of footwear for global brands, all saw consolidated revenue for 2014 hit record highs, and are likely to see brig

Taiwan-based Aerospace Industrial Development Corp. (AIDC), the island’s only manufacturer of military and commercial airplanes, trainers and aircraft engines, saw revenue skyrocket to NT$3.859 billion (US$121.73 million) in December, 2014, surging 85.8% from a month ago to rise 1.49-fold over a ye

By STEVE CHUANG In its 40th anniversary this year, China Economic News Service (CENS), founded in 1974 and now a leading Taiwanese export promoter, participated in the opening of the Taiwan International Fastener Show (TIFS) 2014 to witness the island’s only specialized exhibition for the fasten

After years of progress in production capability and capacity, Taiwanese hand tool makers have steadily risen up the global supply chain from their original OEM (original equipment manufacturing) role to the ODM (original design manufacturing) level. Their success in connecting "Made-in-Taiwan" wit

Worldwide PC shipments are expected to fall by -2.7% in 2014, an improvement from the previous forecast of -3.7%, according to the International Data Corporation (IDC). Although third quarter results were a few points ahead of forecast with shipments down only -0.5% year-on-year (YoY), most regi

Taiwan’s Ministry of Economic Affairs (MOEA) has announced the results of a survey by the Interbrand Corp., a U.K.-based brand consultant, ranking the island’s top 20 international brands for 2014 by brand value. Asus, the world's top-5 PC brand, retained last year's position as No. 1. Asus is f

In Jan.-Nov. 2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island’s machine-tool industry having exported US$3.43 billion of equipment, growing at lower-than-expected rate of 6.2% year on year. According to Taiwan government statistics, local machinery make

Steady sales globally of iPhone 6 have reportedly benefited Taiwanese manufacturers of electronic parts and components, resulting in Taiwan’s industrial production index (IPI) reaching 107.47 in November, the highest-for the month in history to have risen 6.86% over last November, according the l

Taiwan’s export orders received in November totaled only US$43.51 billion, up 6% year-on-year (YoY) but slipping from October and falling short of governmental expectation of higher value amid simmering iPhone 6 sales globally, according to the latest statistics compiled by Ministry of Economic Aff

Pou Chen Group, globally leading Taiwanese manufacturer of sports shoes, scored combined revenues of NT$21.119 billion (US$703.97 million) in November for a monthly rise of 5% and annual growth of 10%, with first-11-month revenues rising to NT$220.84 billion (US$7.36 billion), up 7.6% year on year.

Taiwan’s hand tool industry posted an uptrend in Q3, 2014, when output totaled NT$18.17 billion (US$605.56 million), up 4.7% year-on-year (YoY) or 3.6% quarter-on-quarter (QoQ), according to the latest statistics compiled by Metal Industries Research & Development Centre (MIRDC), a semi-official in

The Taiwan Association of Machinery Industry (TAMI) and the China Machine Tool & Tool Builders’ Association recently signed a memorandum to enhance cooperation between machine-tool makers in Taiwan and China. The agreement was signed in Taipei during a meeting of the Cross Strait CEO Summit that

At the JIMTOF 2014 (the Japan International Machine Tool Fair), held Oct. 30-Nov. 4 in Tokyo, Jeton R/D & Mfg. Inc., a Taiwan-based, globally known supplier of coolant hoses and high pressure adjustable nozzles, saw overwhelming visitors without being eclipsed by other large enterprises at the fai

The Taiwan Semiconductor Manufacturing Co. (TSMC) saw its consolidated revenues for November drop 10.47% from the previous month but rise 63% from the same month last year, to NT$72.27 billion (US$2.40 billion at US$1:NT$30). In spite of the month-on-month decline, industry executives expect the

Established in 1996, Henma Machinery Corp. has been in the machinery industry for nearly 20 years, specializing in Metalworking Machinery. Initially, the company engaged in bench lathes and milling machines, afterward, with the competition in the market, Henma eliminate outdated machine models, cha

Due to the hot-selling iPhone 6 series, Hon Hai Precision Industry Co., Ltd., world’s biggest EMS (electronics manufacturing service) firm by size and the major iPhone contract supplier, saw its single-month consolidated revenue break the NT$500 billion (US$16.67 billion) mark for the first time, t

By STEVE CHUANG Hand tool manufacturing, which has been one of Taiwan’s traditional industries with strong presence in the global market for decades, is now looking forward to brighter prospects than ever thanks mainly to new applications and upgraded production technologies developed jointly by

INDOAUTOMOTIVE 2014 The 7th Indonesian International Automotive Components, Spare Parts, Tools & Accessories Exhibition 14-16 May 2014 Jakarta International Expo, Hall B - Kemayoran Thank you for your Participation! We would like to take this opportunity to thank your company for your kind

INDONESIA INTERNATIONAL FASTENER EXHIBITION (INDOFASTENER 2014) POST-SHOW REPORT 14-16 May 2014 Jakarta International Expo Kemayoran, Indonesia The 2nd Edition - Concluded with a breakthrough achievement! “In my opinion, this exhibition has been pretty good because helped us a

Apple Inc.’s dominance seems solid despite rivalry in the short term, as the latest report by Canaccord Genuity Inc., a global investment bank headquartered in the U.S., shows the iconic American maker commanded a massive 86% share of global smartphone industry’s profits in Q3, 2014. Such result

With the recent OPEC decision not to cut production that further reduced crude oil prices to a new 4-year low as well as other factors, China Airlines, Taiwan’s largest by fleet size, has gradually cut its net loss to target a profitable 2014. For the first nine months of the year, the company

Profiting from eco-awareness that steadily drives popularity of cycling globally, Taiwan-based Giant Manufacturing Co., Ltd., the island’s largest bicycle maker and vendor by global market share, saw cumulative EPS (earnings per share) for the first nine months of this year hit a record high of NT$

CENS had a busy October, having attended more than seven international trade shows to promote buyer guides to help manufacturers, exporters and traders to build global presence, including INTERMOT, Tool Japan, Orgatec Cologne, HK Lighting Fair, PTC Asia, KOAA, and IPF Japan. INTERMOT INTERMOT

Taiwan Semiconductor Manufacturing Co. (TSMC), United Microelectronics Corp. (UMC) and Vanguard International Semiconductor Corp. (VIS)—major pure silicon foundries in Taiwan—saw revenues hit fresh all-time highs in October. TSMC had revenue of NT$80.73 billion (US$2.69 billion) in that month,

By STEVE CHUANG Thanks partly to the broadening application of plastics in such fields as automobiles, packaging, and medical products, the International Plastic Fair (IPF Japan) 2014, held on Oct. 28 through Nov. 1 at Makuhari Messe in Chiba Prefecture, continued to grow in size and in its abil

The 16th HKTDC Hong Kong International Lighting Fair (Autumn Edition), held on Oct. 27-30, ended up with attendees feeling optimistic about their business of 2015. During the fair, the Hong Kong Trade Development Council (HKTDC), its organizer, surveyed 613 buyers and exhibitors on their views o

All major Taiwanese makers of thin film transistor-liquid crystal display (TFT-LCD) panels have publicized operational results for October, in which only one saw month-on-month (MoM) decrease. Industry sources say that both Taiwanese heavyweight TFT-LCD makers, Innolux Display Corp. and AU O

By QUINCY LIANG Taiwan's hand-tool industry has developed strongly for many years to become a key player in the international market for high-quality, innovative, and reasonably priced products to global users, especially in the professional and industrial application segments. Despite its so