These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
As China’s GDP surged 10.3% to US$6.04 trillion to outpace Japan (US$5.4 trillion) as the world’s second-largest economy in 2010, few now question the country as one of the fastest markets globally, also seen as an opportunity for Taiwanese hand tool makers to promote own-brand products for sustainable development. The new chairman of the Taiwan Hand Tool Manufacturers’ Association (THTMA), Ma...
Output recovers to pre-recessio
Feb 24, 2011Since fasteners have become essential for many industrial and residential applications, there is every reason for Taiwanese manufacturers to be optimistic about the fastener industry’s outlook in the years following the global meltdown, said chairman Joe Chen of the Taiwan Industrial Fastener Institute (TIFI) in an interview with CENS. This optimism is, to some degree, a reflection of the indu...
After several decades of development, Taiwan’s hand tool industry has grown and achieved varying degrees of success in quite a few segments, including tools for DIY, auto repair, medical care, gardening, construction and even digitized versions. Perhaps driven by the automotive market that continues to simmer in China, India and elsewhere, the auto repair tool sector is seen as the most promisin...
Despite third-quarter slump, 2011 looks good for LED products The after-tax profit of NT$3.37 per share earned in the first half of this year by the Everlight Electronics Co., Taiwan’s No. 1 light emitting diode (LED) packager with a market valuation of over NT$115 billion (US$3.7 billion at NT$31:US$1), has brightened the view of the future even for the company’s conservative-minded chair...
Neo-Neon’s Taipei office manager believes retail distribution is critical At a forum addressing LED (light emitting diode) lighting applications held recently in Taipei, both speakers, Randy Cheng and general manager of Neo-Neon Holding Ltd.’s Taipei office and Milla Wu, general manager of Lightron Technology Corp. (LTC), felt that price continues to hobble LED lighting from becoming signi...
“Our quality versus price is much better than China’s.” Jonathan Lucas, president of the United Kingdom’s Lighting Association and managing director of Elstead Lighting Ltd., feels bullish about the British lighting industry. In an interview with CENS Lighting Magazine during the Hong Kong International Lighting Fair 2010 (Autumn Edition), he predicted that inflation in mainland China woul...
New chairman believes cross-strait cooperation is urgently needed The 12th general conference of Taiwan Hand Tool Manufacturers’ Association (THTMA) was held September 9, 2010 in the hub of Taiwan’s hand tool industry, Taichung, where members assembled to elect a chairman, with the procedure eventually yielding no surprise, making Jack Lin, president of the largest screwdriver maker in...
A top priority is to pry open wider door to the China market With the Taiwan Hand Tool Manufacturers’ Association (THTMA) having elected at its 12th general conference new chairman, supervisors and directors on September 9, 2010, CENS interviewed the Jack Lin, the newly elected chairman, to talk about his blueprint to drive the industry’s sustainable development in the global market in t...
Keeping an eye on stylish design helps one maker to be competitive Taiwan’s furniture industry was also shaken by the global downturn in 2009, turning out only US$1.359 billion of furniture and related products, compared with US$1.680 billion posted in 2008, according to statistics from the Taiwan Furniture Manufacturers’ Association. Despite the global economic recovery, the furniture hard...
