Taiwan’s LED Industry Rallies during 1st Half of 2016
(2016/07/22)Thanks to increasingly strong market demand for LED products worldwide, Taiwan’s LED industry has experienced significant recovery during the first half of this year, with insiders generally scoring encouraging performance and expected to maintain the current growth momentum into the third quarter.
Taiwan Auto Parts Maker Tong Yang Records New High in Pretax Profits for 1st Half of 2016
(2016/07/21)Mainly on the payoff of its efforts on boosting production capability and capacity to better tap the aftermarket segment of the global auto parts market, the Taiwan-based Tong Yang Industry Co., Ltd., the island’s largest auto parts manufacturing conglomerate, witnessed its pretax profits surge sig
Taiwanese Gardening Product Makers Pursue Sustainable Growth with Different Strategies--Makers generally resort to R&D as means to stay competitive
(2016/06/17)Garden tools along with related accessories, which totally generate export revenue of around US$95 million on average every year, are a major contributor to overall exports by the industry of hand tools in Taiwan, with most of which have been well received by professionals and DIY in the U.S. and E
Taiwan’s Light Vehicle Market Remains on Uptrend in May, Despite Imports Down
(2016/06/16)Compared to Taiwan’s anemic economic growth, the local light vehicle market has still expanded at solid pace so far this year, as reflected by the latest statistics compiled by Ministry of Transportation and Communications (MOTC) for May, when imports, however, posted negative growth. MOTC’s sta
Five Golds Given Among 48 Winners of TAIPEI CYCLE d&i Awards 2016--Full-carbon wheel for disc brakes among Gold Award winners
(2016/04/28)After considerable deliberation by an international jury panel, 48 entries were announced as winners of the prestigious TAIPEI CYCLE d&i awards 2016; while among them, five products were granted the TAIPEI CYCLE d&i gold awards, and the special “Gold Award – Young Enterprise” was given to startups
Taiwan Talents Win Record Number at iF DESIGN AWARD 2016 by Taking 175 Awards, including 5 Golds
(2016/04/28)Designers from Taiwan again bring home encouraging news to perhaps further confirm the undeniable fact that the relatively small island contains a sizable pool of talent in design. A record number of awards at the iF DESIGN AWARD 2016 has been won by Taiwanese designers. iF DESIGN AWARD is wide
Global New-car Sales Up 2.3% to 88 M. in 2015--China`s new-car sales up 4.7% in 2015 to 24.6 million units for new record
(2016/04/27)Continuing an uptrend in growth from 2013, when about 80 million units were sold, sales of new cars worldwide increased by 2.3 percent to reach a new record high of 87.28 million units in 2015, driven by robust demand from major markets like the U.S. and Western Europe; while sales in China, the wo
Taiwanese Auto Vendors Keep One Foot on Brake in 2016
(2016/04/11)After the Chinese New Year holidays, of which this year totaled nine days to have likely sapped new car sales as is typically the case, new-car sales in Taiwan lost momentum due to economic uncertainties ahead that could be partly caused by the new administration to take over in May, totaling only
Taiwan’s 4-in-1 Auto & Motorcycle Parts and Accessories Show Has Opened in Taipei
(2016/04/07)One of the most important activities in Taiwan's transportation vehicle industry every year, the 4-in-1 show for auto parts, automotive electronics, electric vehicles (EVs) and motorcycles, has just opened in Taipei, northern Taiwan. A 4-day trade fair held from April 6 through 9 in the Taip
Robot Sales Predicted to Help Boost Hiwan`s 2016 Revenue to New High
(2016/03/23)Industry executives project Hiwin Technologies Co., Ltd.’s consolidated revenue for 2016 to hit a reported new high of NT$16 billion (US$484.84 million) as the company is stepping up efforts to boost sales of automation equipment and robots, while the Japanese yen has risen recently to about 113:1
Earthquake Disrupts LCD Panel Supply to also Rock Short-term Panel Prices: WitsView
(2016/03/09)The 6.4-magnitude earthquake that rocked southern Taiwan in early February to have buried alive over 100 residents in a toppled condo tower, exposed liquefaction in the area, also impacted various Taiwanese thin film transistor-liquid crystal display (TFT-LCD) makers' production capacity in the Sou
Taiwan Suffers Worst Drop in Jan. Export Orders in 6 Years
(2016/03/02)Taiwan had US$34.19 billion in export orders in January, contracting 12.4 percent year on year to mark the island’s steepest export-order recession in six and a half years for the second consecutive month of double-digit decline, according to Taiwan's Ministry of Economic Affairs (MOEA). Lin Li-
Taiwan`s January Exports Down for a 12th Consecutive Month
(2016/02/26)Taiwan’s exports fell 13 percent year on year, to US$22.2 billion in January, the 12th in a series of worsening monthly declines. According to Taiwan's Ministry of Finance (MOF), the recently reported downtrend is only two months short of the longest period of contraction in Taiwan’s exports set
Worldwide Notebook PC Shipments Drop 6.3% to 164.4 M. in 2015: TrendForce
(2016/02/26)Worldwide notebook PC shipments totaled 164.4 million units in 2015, representing a year-on-year (YoY) decline of 6.3 percent, according to the market research firm TrendForce, which attributes such clear decline to the impact of currency depreciations in Europe and the emerging markets, such as La
Cheng Shin of Taiwan Eyes Better Tire Sales in China This Year
(2016/02/26)Cheng Shin Rubber Ind. Co., Ltd., a Taiwan Stock Exchange (TSE)-listed automotive tire maker headquartered in Taiwan with several overseas production bases, recently said that the massive Chinese automotive-tire market is seeing some recovery to stabilize this year, so the company's annual tire sal
Asus of Taiwan Aims to Sell 30 M. Cellphones, 22 M. Notebook PCs This Year: Chairman Shih
(2016/02/23)Jonney Shih, chairman of Asustek Computer Inc. (Asus brand), one of Taiwan's well-known personal computer (PC) and consumer electronics vendors, recently said that 2016 is set to be a very important year for the brand. Despite facing many uncertainties in the New Year, he added, Asus has mapped out
AUO of Taiwan Eclipses Local Innolux to be World`s No. 2 Supplier of LCD Monitor Panels in 2015: WitsView
(2016/02/23)Worldwide shipments of liquid crystal display (LCD) monitor panels in 2015 fell 11 percent year on year (YoY) to 142.2 million units, with that of notebook PC panels also down 8 percent from 2014 to 176.1 million units, according to the latest report from WitsView, a division of TrendForce. In
Year of Monkey Sees Jan. New-car Sales in Taiwan Down 1.1% YoY
(2016/02/23)Some 47,477 new cars (including light commercial vehicles as paneled vans) were sold in Taiwan in the first month of 2016, up 13.5 percent from the previous month, or month-on-month (MoM), but a 1.1 percent decline from the same period of last year, or year-on-year (YoY), according to statistics co
W-Team Project Launches Woodworking Machine Tools to Help Taiwan Near Goal of Being World`s No. 3 Woodworking-Machinery Maker in 2016--Team 1`s turnkey wood flooring line replaces 7 machines
(2016/02/22)Various trade groups and governmental bodies have been working aggressively to help Taiwan to meet the goal of becoming the world’s No.3 woodworking-machinery supplier in 2016 and boosting production revenue of its machine-tool industry to US$6.91 billion by the end of 2020. Currently, Taiwan is
Steel-maker CSC of Taiwan Finishes 2015 with Bleak Results
(2016/02/22)Dampened by the sagging steel market, caused mainly by China’s supply glut, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, finished 2015 with lackluster performance. According to CSC’s latest financial statement, the firm’s annual consolidated revenue sharply shra
IC Designer MediaTek`s Gross Margin Hit All Time Low in Q4, 2015
(2016/02/16)In the fourth quarter 2015 alone, MediaTek Inc., Taiwan’s No.1 IC design house by revenue, saw its gross margin ratio and net operating income ratio post all-time lows of 38.5 percent and 6.1 percent, respectively, sparking fears among investors that the company’s earnings for 2016 may experience u
Taiwan`s National Tax Revenue Hits Record High NT$2T-plus in 2015
(2016/02/16)Taiwan's Ministry of Finance (MOF) recently announced that the national tax revenue hit a record high of NT$2.12 trillion (US$638.1 billion) in 2015, up 7.2 percent from the previous year to outstrip the original target by NT$173.1 billion (US$5.21 billion). The gap between the actually levied and
Global Car Sales Look Rosy in 2016 with Sales up 2% in 2015
(2016/02/16)Global annual auto sales increased to 88.7 million units in 2015, up 2.0 percent from about 8.52 million in 2014; with sales performances in different regional markets being mixed, like a 6.3 percent year-on-year (YoY) increase in North America but a slowdown in Europe, according to U-Car News, fro
AAP of the USA Opens Its Second Asian Cargo Consolidation Center in Taiwan
(2016/02/16)Advance Auto Parts (AAP) of the U.S., a NYSE-listed firm founded in 1929 and headquartered in Roanoke, Virginia, which operates through its subsidiaries as a specialty retailer of automotive replacement parts, accessories, batteries, and maintenance items, recently decided to shutter its operationa
TWSE-listed Auto-parts Suppliers Hota and TTE Hit Record Revenues in 2015
(2016/02/05)Among the Taiwan Stock Exchange (TWSE)-listed companies who have announced 2015 operational results, some auto-parts companies are expected to report record highs and express optimism towards continued growth in 2016, according to institutional investors. Hota Industrial Manufacturing Co., Ltd.,
Taiwan Leads as World`s Largest Independent Import Porsche Market in 2015
(2016/02/04)One consumer trend in Taiwan clearly simmered amid the generally chilly economy on the island in 2015: the brow-raising sales of high-end imported cars. One of the many examples being the sales of Porsche sports cars in Taiwan that again hit a new record high of 3,355 units in 2015, which helped to
Taiwan`s Overall Output Value by Manufacturing Industries Forecast to Bottom Out by 0.96% in 2016: IEK
(2016/02/02)After a disappointing year in 2015 when exports were widely reported to have declined for many months consecutively, Taiwan’s economy may probably regain momentum this year, as total output value by local manufacturing industries is forecast to bottom out by 0.96 percent year on year in 2016, accor
TAMI Projects Taiwan`s Machinery Output Revenue to Achieve NT$1 Trillion Goal in 2016
(2016/02/02)Chairman B.X. Ke of the Taiwan Association of Machinery Industry (TAMI) projects the island’s machinery industry to generate five percent higher output revenue this year than it did in 2015 to likely achieve the highly-coveted goal of NT$1 trillion (US$30.30 billion). He bases such upbeat predic
LED NEXT STAGE 2016 Set to Open Mar. 8-11 and Underline Trend for Wider Application of LEDs--Survey in 2014 shows general satisfaction among exhibitors
(2016/01/27)To be staged in Japan, still considered a hot bed of consumer electronic technologies, the LED NEXT STAGE will start its 2016 edition from March 8 through 11 at Tokyo Big Sight (Tokyo International Exhibition Center), to again underline the increasing popularity and wide ranging application of such
Hans Tool`s Solid Brand Reputation in Global Hand Tool Market Attributable to Strict QC Standards--Maker also credited with investing considerably in 1970s to reverse poor-quality image
(2016/01/22)Most successful brands come with an intriguing back story, as Steve Jobs' of Apple, Stan Shih's of Acer the Taiwanese PC brand, and Terry Guo of Taiwan-based Hon Hai group who is a self-made ITC tycoon, that generally maintains a level of interest among observers, with content that often borders on