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Taiwanese Exhibitors Turn Heads at ChinaPlas 2014--Producers keep ahead of intensifying competition with well-honed techniques and know-how

(2014/05/26)

By STEVE CHUANG Taiwanese suppliers of plastic processing machinery and related components captured the buyer spotlight at ChinaPlas 2014 (The 28th International Exhibition on Plastics and Rubber Industries) with products materializing their well-honed techniques and rich know-how and further co

Taiwan’s Machine Tool Makers Post Strong Earnings in Q1, 2014

(2014/05/23)

Most of Taiwan’s machine-tool makers had better-than-expected earnings in the first quarter of 2014 thanks to recovering global economy and the devaluation of the New Taiwan (NT) dollar. Among the manufacturers, Goodway Machine Corp., Hiwin Technologies Corp., Kao Fong Machinery Co., Ltd., Tongt

Taiwan’s Three Major Footwear Makers See Sizable Revenues Rise in Q1

(2014/05/22)

Thanks to growing demand for outdoor leisure products globally, Taiwan’s three major footwear manufacturers, namely Pou Chen Group, Feng Tay Enterprise Co., and Fulgent Sun International Holding Co., all saw sizable revenue growths in the first quarter of this year. In March alone Pou Chen, a ma

Secutech 2014 Sees Bigger Turnout with New Trends and Products for Security and Safety

(2014/05/22)

By STEVE CHUANG Presenting a comprehensive lineup of trend-setting security and safety technologies and products, Secutech 2014 (The 17th International Exhibition and Conference for Electronic Security, Info Security, Fire and Safety), held March 19-21 in the TWTC Nangang Exhibition Hall in Taip

Chei Shenn Co., Ltd. -- Utility pumps, effluent pumps, sewage pumps, jet pumps, pond pumps, drill pumps

(2014/05/21)

For more than 30 years, Chei Shenn Co., Ltd. has specialized in developing and manufacturing various kinds of pumps for both commercial and residential use. Today, it is one of Taiwan's most prestigious suppliers in the line. Chei Shenn has built up a reputation as a technologically impressive m

Royal Formosa Tiger Industrial Co., Ltd.--All kinds of connecting rods

(2014/05/21)

Founded in 1987, Royal Formosa Tiger Industrial Co., Ltd. has grown and developed into a major developer and manufacturer of piston connecting rods for internal combustion engines. Royal Formosa Tiger's connecting rods are applied to a broad range of applications, including motorcycles, motocros

Worldwide Tablet Shipments Up Only 3.9% YoY in Q1, 2014: IDC

(2014/05/21)

Worldwide tablet plus 2-in-1 (laptop-tablet hybrid) shipments slipped to 50.4 million units in the first quarter of 2014, according to preliminary data from the International Data Corporation (IDC). The first-quarter total represents a sequential, or quarter-on-quarter (QoQ), decline of 35.7% fr

Mega Link Enterprise Co., Ltd.--Nut tapping machines, NC/CNC grinding machines, thread rolling machines, bolt formers, mini parts formers, open die re-headers, heading machines, nut formers

(2014/05/15)

Founded in 2002 in southern Taiwan's Tainan City, Mega Link Enterprise Co., Ltd. started as an exporter of mechanical and automotive parts. In 2005, it began to export industrial machines and used machines as well. The firm is now an OEM/ODM producer of products applicable to the fastener and steel

CENS Keeps Busy in April Promoting Buyer Guides

(2014/05/14)

CENS had a busy month in April, attending nine international trade shows to promote buyer guides to help manufacturers, exporters and traders to build global presence, including Light + Building International Trade Fair, Hong Kong International Lighting Fair (Spring Edition), Hannover Messe, Autome

AUO Stays Profitable for Over 4 Consecutive Quarters

(2014/05/08)

AU Optronics Corp. (AUO), a major maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, recently announced business results for the first quarter of 2014, with first-quarter net earnings per share (EPS) of NT$0.03 (US$0.01), better than institutional investors' expectatio

Taiwan Aerospace Industry’s Output Value Hits Record High of NT$83.218 Bn. in 2013

(2014/05/08)

Following years of brisk development, Taiwan’s aerospace industry saw its overall output value (excluding military aircraft production and maintenance services) hit a new high of NT$83.218 billion (US$2.776 billion) in 2013, up 6.16% from 2012, according to statistics compiled by Ministry of Econom

Mega Link Enterprise Co., Ltd.--Nut tapping machines, NC/CNC grinding machines, thread rolling machines, bolt formers, mini parts formers, open die re-headers, heading machines, nut formers

(2014/04/30)

Founded in 2002 in southern Taiwan's Tainan City, Mega Link Enterprise Co., Ltd. started as an exporter of mechanical and automotive parts. In 2005, it began to export industrial machines and used machines as well. The firm is now an OEM/ODM producer of products applicable to the fastener and steel

Taiwan’s LED Makers Upbeat About 2014 on Strong March Sales

(2014/04/24)

Citing strong sales in March, Taiwan’s LED makers predict their sales for the rest of this year to stay brisk. Unity Opto Technology Co., Ltd. chairman Alpha Wu says the island’s LED makers face clear sailing in sales over six months and their sales will rise monthly at least until the third qua

CTBC Remains Taiwan’s Largest Credit Card Issuer in February 2014

(2014/04/23)

CTBC Bank issued 5.654 million credit cards as of the end of February, remaining the largest credit card issuer in Taiwan, with 3.589 million effective cards for a sharp increase of about 280,000 within only two months, according to the statistics released by the Financial Supervisory Commission (F

U-Yichang Industry Co., Ltd.--Solid tungsten metal circular saw blades, HSS small diameter slotting circular saw blades, staggered side milling cutters, shell milling cutters, side milling cutters

(2014/04/18)

Established in 1990, U-Yichang Industry Co., Ltd. is a specialized manufacturer of saw blades, and the exclusive agent in Taiwan who imports Kinkelder’s HSS circular saw blades from the Netherlands. Equipped with 4-axis CNC grinding machines, surface grinding machines, and cylindrical grinding mach

Taiwan’s Foreign-Currency Deposits Hit Record High of NT$3.54 Trillion as of February

(2014/04/18)

Taiwan's banks held foreign currency deposits totaling a record high of NT$3.54 trillion (US$118 billion) in February, surging NT$90.1 billion (US$3 billion) from a month earlier, according to the statistics released by the central bank. Y. T. Chen, deputy director general of Economic Research D

Sheng Yu Machinery Co., Ltd.--Metalworking machines as cutoff saws, borers, grinders, sanders, polishers, hydraulic pressing machines, as well as carpentry and industrial woodworking machines

(2014/04/15)

Sheng Yu Machinery Co., Ltd., formerly Sheng Feng Woodworking Machinery Co., Ltd. and a woodworking machine manufacturer, has in recent years diversified into metalworking machines for 2D processing of metals to cope with ever changing market demand, backed by its years of experience in making, sel

Makalot Tallies 21.3% YoY Growth in 1Q Consolidated Revenue of NT$5.215 Bn.

(2014/04/14)

Mostly driven by surging orders from popular fashion brands, including Old Navy, Makalot Industrial Co., Ltd., Taiwan’s largest apparel manufacturer by size, chalked up a yearly growth of 21.3% in consolidated revenue of NT$5.213 billion (US$173.4 million) for the first quarter of this year, accord

Profits of Taiwan’s FHCs Hit New High of NT$70B in Q1

(2014/04/14)

Taiwan’s 15 financial holding companies (FHCs) raked in profits of over NT$70 billion (US$2.33 billion) in the first quarter of the year, a new high and up nearly 20% year on year. Fubon Financial Holding Co., Cathay Financial Holding Co. and Mega Financial Holding Co., were the top-3 profit gai

Hon Hai`s Revenue and Profits Hit Record Highs in 2013

(2014/04/09)

Hon Hai Precision Industry Co., Ltd., the flagship company of Hon Hai Group, world’s largest EMS (electronics manufacturing service) firm by size, saw consolidated revenue and net profits both hit record highs of NT3.95 trillion (about US$131.1 billion) and NT$107.3 billion (US$3.25 billion), respe

Revenues Surge in Jan.-Feb. at Taiwan`s LED Makers

(2014/04/07)

Taiwan’s leading LED makers reported year-on-year revenue growths ranging from 20% to 51% in February, with chipmaker Epistar Corp. and packager Edison Opto Corp. having revenue for Jan.-Feb. close to the Q1, 2013 levels. Citing the hefty growths, industry executives point out the market is pick

Fubon Taiwan’s Most Profitable FHC in First 2 Months of 2014

(2014/04/07)

Fubon Financial Holding Co. scored profits of NT$10.421 billion (US$347.37 million) in the first two months for a sharp annual growth of 45%, with earnings per share (EPS) of NT$1.02 (US$0.034), the highest among Taiwan’s financial holding companies (FHCs). In February Cathay Financial Holding

Taiwan’s Machine Tool Makers Have a Banner February

(2014/04/02)

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 Mac

Taiwanese Touch Panel Makers Pin Recovery Hopes on Wearable Electronic Devices

(2014/04/01)

Beset by underselling rivals from China to suffer serious downturns last year, Taiwanese touch panel manufacturers are generally pinning hopes of turnaround on the emergence of wearable electronic devices, hence actively developing SNW (silver nano wire) and MM (metal mesh) models to divert custome

Organizations Forecast Taiwan’s Semiconductor Industry Revenue to Exceed NT$2 Trillion at Yearend

(2014/03/28)

Taiwan’s semiconductor industry is likely to generate revenue totaling NT$2.09 trillion (US$69.9 billion) this year, up around 11.1% from last year mostly thanks to steady demand from makers of PCs and smartphones, according to Taiwan Semiconductor Industry Association (TSIA) and Industrial Economi

Edison Opto Pledges Ambitious Goals for its LED Business

(2014/03/27)

LED packager Edison Opto Corp. aims to increase its annual revenue to the NT$10 billion (US$333 million) range in three years and boost market value of company shares to NT$10 billion as mid-term goal, in addition to considering more acquisitions. The company saw its revenue for the first two mo

Forex Incomes Boost Earnings of Taiwan’s Machine Tool Makers

(2014/03/27)

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),

Tong Yang`s Consolidated Earnings Rise 40% YoY in Jan.-Feb. 2014

(2014/03/25)

Tong Yang Industrial Co., Ltd. of Taiwan, a major maker of aftermarket (AM) body-parts and also a major Original Equipment (OE) parts supplier to international automakers, recently reported impressive results for operation in the first two months this year. The company had self-audited, pre-tax

Global PC Shipments to Fall 6% in 2014, Decline Through 2018: IDC

(2014/03/24)

Worldwide personal computer (PC) shipments fell by 9.8% in 2013, slightly better than a projected decline of 10.1%, but still the most severe contraction on record, according to International Data Corporation (IDC). In IDC's categorization, PCs include desktop, mini notebook and other portable P

Sheng Yu Machinery Co., Ltd.--Metalworking machines as cut-off saws, borers, grinders, sanders, polishers, hydraulic pressing machines, as well as carpentry and industrial woodworking machines

(2014/03/24)

Sheng Yu Machinery Co., Ltd., formerly Sheng Feng Woodworking Machinery Co., Ltd. and a woodworking machine manufacturer, has in recent years diversified into metalworking machines for 2D processing of metals to cope with ever changing market demand, backed by its years of experience in making, se