Taipei, Aug. 3, 2012 (CENS)--Pihsiang Machinery Manufacturing Co., Ltd. (PMMC), the largest maker of healthcare electric scooters in Taiwan and major player in the local electric vehicle (EV) industry, recently announced that its subsidiary Pihsiang Energy Technology Co., Ltd. (PHET) has signed a c

Taipei, Aug. 1, 2012 (CENS)--Aviva PLC, a U.K. insurer, recently announced its withdrawal from Taiwan’s life insurance market by unloading its 49% stake in an insurance joint-venture with First Financial Holding Co., a government-linked financial holding company here. It is reported that First F

Taipei, July 30, 2012 (CENS)--Goodway Machine Corp. and its subsidiary, AWEA Mechantronic Co., Ltd., plans to start volume production at their machine-tool joint venture in mainland China at the end of this quarter and expect to start construction of a joint venture in southern Taiwan sometime next

Taipei, July 27, 2012 (CENS)--With Taiwan and mainland China scheduled to sign cross-Taiwan Strait investment protection agreement in August, both parties have agreed to jointly establish contact and coordination platform under the agreement. For Taiwan, the contact window is the “joint service cen

Taipei, July 26, 2012 (CENS)--Tong Yang Industrial Co., Ltd., a major original equipment (OE) and aftermarket (AM) auto-parts manufacturer in Taiwan, recently said its joint venture in with Chinese automaker Guangzhou Automobile Industry Group Co., Ltd. (GAIG) in Changsha, Hunan Province has starte

Taipei, July 18, 2012 (CENS)-- Communications (D2C), a joint venture formed by three Japanese iconic enterprises including NTT DoCoMo, plans to tap Taiwan’s mobile advertising market in cooperation with Chunghwa Telecom Co., Ltd., currently Taiwan’s No.1 telecom carrier in terms of market share.

Taipei, July 17, 2012 (CENS)--Yulon Nissan Motor Co., a joint venture between Taiwan's Yulon Group and Nissan Motor of Japan, recently said its affiliate Dongfeng-Nissan Passenger Vehicle Co., a major passenger-car maker in China, sold more than 450,000 new cars in the first half, up over 20% YoY.

Taipei, July 17, 2012 (CENS)--Taiwan’s Industrial Development Bureau (IDB) under the Ministry of Economic Affairs recently said it is aggressively negotiating to win about NT$5 billion (US$166.7 million) in orders from major Japanese aerospace makers Mitsubishi Heavy Industries, Fuji Heavy Industri

Taipei, July 10, 2012 (CENS)--Kuozui Motors Ltd., maker of Toyotas in Taiwan, recently announced to target selling 165,000 cars this year, including 60,000 cars for export through Toyota's global sales network. If all goes as planned, Kuozui will set the export-volume record by a single automake

Taipei, July 9, 2012 (CENS)--Yulon Group, the largest carmaker in Taiwan, plans to set up a factory in Russia to assemble its line of Luxgen passenger cars, according to a Taiwanese daily. Already mass making Luxgens in Taiwan and China, Yulon operates a joint venture with Chinese automaker Dong

Taipei, July 6, 2012 (CENS)--Optimistic about the upcoming Christmas sales booms in the U.S. and Europe, Compal Electronics Inc., the world’s second largest notebook PC maker by shipment now, confidently forecasts its laptop shipments to surge quarter by quarter in the remainder of this year, acco

Taipei, July 5, 2012 (CENS)--After separation from Samsung of Korea, Sony of Japan has decided to expand its panel supplier group, and is gradually authorizing contract assemblers to procure panels, according Chinese-language economic daily newspaper Economic Daily News (EDN). About one-fourth o

Taipei, July 4, 2012 (CENS)--Tong Yang Industrial Co., Taiwan's largest auto-parts maker, recently claimed that after a series of capacity expansions have been completed, the firm is ready for the next wave of strong global demand, said chairman Michael Wu at the recent shareholders meeting. Wu

Taipei, July 3, 2012 (CENS)--Yulon Nissan Motor Co., a joint venture between Taiwan's Yulon Group and Nissan Motor of Japan, expects even higher ROI from its affiliate Dongfeng Nissan, a joint venture between Chinese automaker Dongfeng Group and Nissan, over the next few years. Dongfeng Nissan i

Taipei, July 2, 2012 (CENS)--Taiwan's auto-parts production value, a category including exports, imports and domestic demand, hit record high of NT$226.2 billion (US$7.5 billion) in 2011, the second year for the value to outstrip NT$200 billion (US$6.7 billion), according to Automotive Research & T

Taipei, June 26, 2012 (CENS)--Thanks to gains from NT-dollar-to-greenback fluctuations, many of Taiwan’s auto-parts manufacturers listed on the Taiwan Stock Exchange (TSE) report lucrative results in May. Tong Yang Industrial Co., Ltd., the largest auto-parts group in Taiwan, had pre-tax earnin

Taipei, June 25, 2012 (CENS)--Kenneth Yen, CEO of Yulon Group, the largest carmaker in Taiwan, recently said that China is buoying group operations this year, while new car sales in Taiwan is not expected to be overwhelming this year, statements made at the shareholders meeting of China Motor Co

Taipei, June 25, 2012 (CENS)--T.H. Liu, president of Taiwanese automaker China Motor Corp. (CMC), the local assembler of Mitsubishis and maker/exporter of CMC own-branded vehicles, recently said the company has started new-car development plans with its affiliated Chinese automaker South East (Fuj

Taipei, June 21, 2012 (CENS)--The Taiwan-based Yang Ming Marine Transport Corp. announced that the U.S.’s Ports America Group (PAG) has acquired a 10% stake in its subsidiary Kao Ming Container Terminal Corp. (KMTC) for US$45 million, or US$0.66 per share, through its Ports America International Ho

Taipei, June 19, 2012 (CENS)--In joint development of large-sized LCD (liquid crystal display) TV with Sharp, Hon Hai will produce and sell some models in Taiwan, making Taiwan an integrated development base, in the hope of teaming up with Japan to beat Samsung, their common rival, reported Terry G

Taipei, June 19, 2012 (CENS)--The Financial Supervisory Commission (FSC) plans to require foreign insurance companies to set up subsidiaries, rather than just branches, for the sale of individual insurance policies in Taiwan. Foreign firms need only operating fund of NT$50 million for the estab

Taipei, June 19, 2012 (CENS)--Ta Yih Industrial Co., the leading original equipment (OE) auto-lamp maker in Taiwan, registered revenue of NT$379 million (US$12.6 million) in May, up 40% year-on-year (YoY). Tong Yang Industrial Co., Ltd., another listed and the largest maker of auto-parts in Tai

Taipei, Jun. 19, 2012 (CENS)--In line with the government’s plan to promote Taiwan’s exports of cloud-related services and cultural and creative content, Chunghwa Telecom Co., the largest telecom service provider in Taiwan, is going to set up a joint venture to engage in cloud services in cooperati

Taiwanese makers of furniture parts are trying to re-create their “golden age” of explosive export growth in the 1970s and ‘80s by developing improved products. Change is essential, since the island’s suppliers face cutthroat competition from low-cost Chinese and Vietnamese manufacturers wh

Faucet manufacturing is one of the oldest industries in Taiwan. Originating in the town of Lugang, Changhua County, faucet manufacturing on the island has flourished for over half a century, driven by a constant quest for improvement in quality and technology and, most recently, by the pursuit of h

Taipei, June 13, 2012 (CENS)-- Chairman Xiang Junpo of the China Insurance Regulatory Commission (CIRC) will reportedly visit Taiwan next year to attend the International Association of Insurance Supervisors (IAIS) Conference, which will be held in Taiwan for the first time. IAIS holds one confe

Taipei, June 4, 2012 (CENS)--LED maker Bridgelux Inc. and semiconductor manufacturer Toshiba Corp. recently co-launched GaN LED chips on 8-inch silicon wafer emitting 614 lumens per watt at drive current 350mA after months of collaboration on the technology. Both companies claimed the chip is t

Taipei, June 1, 2012 (CENS)--Everlight Electronics Co., Ltd. has recently won contracts to supply LED streetlights to mainland Chinese provinces of Guangdong, Jiangsu, Sichuan and Hebei in addition to talks with the mainland’s big retailers over promoting the company’s LED light bulbs in the mainla

Taipei, May 31, 2012 (CENS)--The Taiwan-based Hon Hai Group (foxconn), a leading EMS (electronics manufacturing services) provider, and Japanese display manufacturer Sharp, will set up a joint venture factory in Chengdu, Sichuang Province, China to produce small- and medium-sized display panels to

Mainly driven by robust demand, Taiwan’s surface-finishing industry ended 2011 with output of NT$163.5 billion for a 13% increase from a year ago, according to a report by the Metal Industries Research & Development Center (MIRDC), a metal market researcher in Taiwan. The report shows that the i