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

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

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

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

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

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

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

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

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 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 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 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 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

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

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

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

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

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

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 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 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

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

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.,

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

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

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

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

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

After nearly three quarters of sagging market, Taiwan’s top-two makers of light emitting diodes (LEDs) saw orders rise in December, 2015, and believe the high season will likely arrive after the upcoming Chinese New Year break, which falls on Feb. 6-14. In spite of the downtime for inventory tak

With recent TV reports on CNN and CNBC stating encouraging vehicle sales in the U.S., likely due to record-low gasoline prices across North America, the global automotive market may be one sector of the volatile global economy that is set for steady growth, despite widely reported economic slowdown