In a bid to meet the targets of their 12th Five-Year Plan, the mainland Chinese authorities have introduced measures to boost the consumption of LED lights and help the domestic LED industry achieve revenues of RMB500 billion (US$79.3 billion at RMB6.3:US$1) in 2015, the plan’s final year. O

Nanya Photonics Inc. launched a fully automated assembly line for light bulbs in June this year, perhaps the decisive step in its resource-integration plan to cut production costs. “We expect the 7W bulbs to be made on the fully-automated line to replace 40W incandescent bulbs and to go to mark

In the early days of Taiwan’s furniture industry, when the island was still an agricultural society, manufacturers focused mainly on religious offertory tables that they made of fine materials with meticulous care. When they moved on to other products they maintained their high standards, and this

Founded in 2006, Suntec Global Co., Ltd. is young and backed by a group of experienced professionals with years of know-how in auto-parts trading. The company offers wide-ranging auto parts, including body (engine hood, door panels, fenders, bumpers, grills etc.), chassis (suspension parts, shoc

Taipei, Oct. 8, 2012 (CENS)--Formosa Plastics Group’s four mainstay affiliates, namely Formosa Plastics Corp., Nan Ya Plastics Corp., Formosa Chemical & Fibre Corp. and Formosa Petrochemical Corp., all finished the third quarter of this year with profits. At a joint investors conference held ear

Taipei, Oct.8, 2012 (CENS)--Y.M. Yang, chairman of Kenda Tires Co. in Taiwan, announced at the company’s 50th anniversary to generate revenues of NT$50 billion (US$1.67 billion) by 2016, pushing the maker from 27th to top-20 globally as ranked by Tire Business, an information provider of global tir

Taipei, Oct. 4, 2012 (CENS)--GCL-Poly Energy Holdings Ltd. Executive President Shu Hua recently said mainland China authorities has approved a joint venture plan of his company and the Hon Hai Group to open a solar power plant in Datong City of Shanxi Province. Shu said the two companies will s

Taipei, Oct. 4, 2012 (CENS)--With the Chinese government banning imports and sales of 100W-and-above incandescent lamps in the country starting on October 1, 2012, Taiwanese LED makers who have actively built footholds will hail huge growth potential of the domestic market for LED lightings. To

Taipei, Oct. 3, 2012 (CENS)--Return-on-investment in China in the second half is expected to outstrip NT$2.9 billion (US$96.7 million) posted in the first half, according to Yulon Nissan Motor Co., Ltd., a joint venture between Taiwan’s Yulon Group and Japanese automaker Nissan. Institutional i

Taipei, Oct. 3, 2012 (CENS)--The Taiwan-based Dimerco Express Group, the largest freight forwarder by revenue on the island, has decided to boost its global deployments in India by setting up a joint venture named Dimerco Express India Private Ltd., to drive up its business growth there. Dimerco

Taipei, Oct. 2, 2012 (CENS)--Exports of Taiwan-made LUXGEN passenger cars by the Yulon Group are expected to boom in 2013, according to K.C. Hu, president of Luxgen Motor Co., Ltd., adding that exports of LUXGENs will surge from the first quarter of 2013, driven by shipments to Russia, Oman, Saudi

Zhejiang DLZ Machinery Manufacturing Co., Ltd. (DLZ), founded in 1991, is a China-based, globally prestigious supplier of suspension parts mainly for aftermarket purposes, and its own brand DLZ has been officially registered in more than 100 countries of the world now. The company’s product port

Taipei, Sept. 27, 2012 (CENS)--The political tension between Japan and China over the disputed Senkaku islands, and the higher local production costs are driving Japanese automakers to shift their parts outsourcing orders from China to Taiwan, according to industry sources. Some local industry s

Many exciting new products, bikes and concepts were unveiled at the 2012 Taiwan International Motorcycle Industry Show (Motorcycle Taiwan) and Taiwan International Electric Vehicle Show (EV Taiwan) held at the Taipei World Trade Center (TWTC) Exhibition Hall 1 from April 12-15. The joint four-day e

With increased car exports that offset sagging local new-car sales, Taiwan’s auto or transportation vehicle industry production value, including assembled vehicles, auto parts, powered two-wheelers (PTWs), and electric vehicles (including locally-produced Toyota Camry hybrids and electric scooters)

Taipei, Sept. 24, 2012 (CENS)--Fubon Financial Holding may win out in the scramble among Taiwanese financial holdings for Taiwanese-invested First Sino Bank in mainland China. Fubon Financial Holding may be able to acquire over 50% stake in First Sino Bank, at cost possibly exceeding NT$20 billion.

Taipei, Sept. 21, 2012 (CENS)--The Financial Supervisory Commission (FSC) publicized Taiwan-based wealth-management platform program for local people yesterday (Sept. 20), which will meet wealth-management demand of local people via five major measures, including allowance for linkage of offshore s

Taipei, Sept. 20, 2012 (CENS)--AU Optronics Corp. (AUO), a major maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, is expected to quadruple shipments to about six million TV panels to Sony of Japan in 2013, overtaking Samsung to be the largest TV-panel supplier to th

Taipei, Sept. 19, 2012 (CENS)--At a time when China-Japan relationship has become tense, industrial cooperation between Taiwan and Japan is undergoing subtle change. During his visit to Japan last week, Yiin Chii-min, minister of the Council for Economic Planning and Development (CEPD), bridged the

Taipei, Sept.18, 2012 (CENS)--Adlink Technology Inc. and Avalue Technology Inc., both Taiwanese industrial PC makers, saw revenues grow 14% and 53% year on year (YoY) to NT$490 million (US$16.33 million) and NT$235 million (US$7.83 million), respectively, showing remarkable growths in low season.

Taipei, Sept. 18, 2012 (CENS)--Tong Yang Industrial Co., Ltd., the largest auto-parts manufacturing conglomerate in Taiwan, recently announced that it would invest US$9 million in setting up a new factory in Yongheng, Foshan, Guangdong Province of China. The new facility is expected to kick off

Taipei, Sept. 14, 2012 (CENS)--The Taiwan International Ports Corp. (TIPC) plans to set up Taiwan’s first cruise-ship economic zone in Kaohsiung Harbor and is talking with foreign financial groups, such as MGM, Paramount, and Royal Caribbean International, for cooperation in developing the project,

Taipei, Sept. 13, 2012 (CENS)--Hong Kong Financial Secretary John C. Tsang will lead a delegation to Taiwan to attend the third HK-Taiwan joint meeting, scheduled for Sept. 24-26 in Taipei. Held by the Taiwan-Hong Kong Economic and Cultural Cooperation Council (THEC) and its Hong Kong counterpa

Taipei, Sept. 12, 2012 (CENS)--The Taiwan-based China Steel Corp., the largest steelmaker on the island by output, has achieved a significant breakthrough in the development of its non-ferrous metal business, as the steelmaker is scheduled to kick off mass production of wire rods made of titanium i

Taipei, Sept. 11, 2012 (CENS)--In his capacity as the representative of President Ma Ying-jeou for APEC (Asia-Pacific Economic Cooperation) Leaders’ Summit held Sept. 8-9 in Vladivostok, Russia, former Vice President Lien Chan held a bilateral meeting with Hillary Clinton, U.S. secretary of state,

Established in 1980, Wei Yeh Sheng Co., Ltd. is a major, seasoned auto-parts manufacturer based in Taiwan with an overseas plant in China, being ISO 9001-certified and with its Chinese factory TS 16949 approved. With long-term investment in new-product development, Wei Yeh Sheng supplies wide-

Taipei, Sept. 6, 2012 (CENS)--The Taiwan-based HTC Corp., a world-caliber developer and brand vendor of the handset models, has announced its partnership with AU Optronics Corp. (AUO), a large-sized Taiwanese manufacturer of display panels, on joint development of a 4.3-inch AMOLED (active matrix o

Taipei, Sept. 5, 2012 (CENS)--In response to the invitation of the Council for Economic Planning and Development (CEPD), foreign firms in Taiwan have suggested the government incorporating foreigners working in Taiwan into the labor pension system and relaxing restriction on their undertaking of si

Taipei, Sept. 5, 2012 (CENS)--Yulon Group of Taiwan, a major carmaker on the island, recently announced the issuance of NT$6 billion (US$200 million) in unsecured corporate bonds to further develop distribution channels in China for its own line of Luxgens. Yulon has set up an auto production j

Taipei, Sept. 5, 2012 (CENS)--Thanks to return-on-investment in China, Yulon Nissan Motor Co. of Taiwan’s Yulon Group registered net earnings of NT$2.82 billion (US$94.1 million) in the first half, up 132.8% year-on-year (YoY), for cumulative earnings per share (EPS) of NT$9.41 (US$0.31) to make it