The mandatory adoption in 2013 of International Financial Reporting Standards (IFRS) by firms listed on both Taiwan's centralized and over-the-counter market, as well as by financial institutions under the jurisdiction of the Financial Supervisory Commission (FSC), will require major structural cha

Investment in China by Taiwan's top-100 business groups is expected to soar 50% this year to NT$1.5 trillion (US$48.4 billion at NT$31:US$1), thanks to the signing of the Economic Cooperation Framework Agreement (ECFA) with China and the appreciation of the renminbi, according to a report compiled

Since its inception in 1997, Mada Enterprise Co., Ltd. has been engaged in production of the pressure gauges and air pumps for automotives and other vehicles. The company has recently launched its latest patented product, multifunctional tire gauge with a high-pressure meter, with the durable me

Taipei, Oct. 20, 2010 (CENS)--Thanks to the sharply appreciated Japanese yen, many Japanese automakers are outsourcing to technical partners in Taiwan to cut cost. Taiwan's Industrial Development Bureau (IDB) recently announced that in the first half Taiwan exported some 13,000 cars, a record hi

Neo-Neon Holdings Ltd., which is listed on the Hong Kong main board and is the world’s top manufacturer of decorative lights, is set to launch a massive promotional campaign for its light-emitting diode (LED) products. The company opened the first shop dedicated to the sale of its own-brand

The 2010 Taiwan International Motorcycle Industry Show (Motorcycle Taiwan), the largest annual event for the island's powered two-wheeler (PTW) industry, is a perfect platform for showing off the new offerings of the islands' manufacturers. There was no significant growth in the size of this yea

Established in 1980, Unilli Motor Co., Ltd. is an ISO 9001-approved company specializing in developing and manufacturing high-quality tires. Having globally marketed its line of quality tires under its own UNILLI brand for many years, this maker is widely popular among customers worldwide. The c

Taipei, Sept. 15, 2010 (CENS)--For the second year in a row, Acer, Taiwan's leading PC brand, heads the list of the top 20 Taiwanese brands boasting an international status this year, with its brand value estimated at US$1.401 billion (NT$44.706 billion), according to a survey conducted by the Bure

Automatic hydraulic tire curing machine, fully automatic batch-off machine Kayton Industry Co., Ltd. is a specialist manufacturer of rubber processing machines. The company has a production facility in Puhsin of Changhua County, central Taiwan. The company supplies both rubber processing mach

Taipei, Aug. 30, 2010 (CENS)--Cheng Shin Rubber Industry Corp., one of Taiwan's leading manufacturers of tires, announced its plan to set up a plant to focus on bicycle and motorcycle tires in Zhangzhou, Fujian province. In addition to the proposed plant in Zhangzhou, the company will also set u

Green-colored EV mesmerizes local and foreign visitors at CIHTE in Beijing At the 13th China International High-tech Expo (CIHTE), successfully held in Beijing May 27-31, 2010, a mini, green-colored electric vehicle mesmerized many local and foreign visitors. The EV may have been small but capt

The importance of Mexico’s auto industry is growing as manufacturers there take advantages of low wages, free-trade relationships, and geographic advantage Mexico, located opposite Asia on the eastern rim of the Pacific Ocean, is expected to benefit from China’s recent labor unrest as it offers

Established in 1992, Anmax Industrial Co., Ltd. has been specialized in developing and making cold-forged lug nuts and bolts, and offers wide-ranging made-to-order lock sets for various car models and makes. The ISO 9001-approved maker supplies not only premium lug nuts (class 8), but also super

Established in 1987, Task Industries Corp. is a versatile and innovative developer and maker of various kinds of auto parts and accessories made of metal and plastic materials. The firm's wide-ranging products include car accessories, car brushes, trailer parts and accessories, tuning items etc.

Established in 1981, Ying Paio Enterprise Co., Ltd. is a professional manufacturer of wide-ranging tire/tube repair kits, including cold patch repair kits, rubber solution/cement, bicycle repair kits, glue less patches, tire tubeless repair kits, tire seal strips, tire/tube repair tools, tire valve

Global climate change related to greenhouse gases has heightened attention to carbon emission reduction and fuel efficiency among carmakers worldwide. The push for electric vehicles (EVs) and “new energy” vehicles is the clearest manifestation of this trend, and also a key theme at the Taipei Inter

CENS continued to participate in global trade fairs in May to promote its services and publications, and help Taiwanese manufacturers explore world markets. The eight fairs on CENS’ May agenda included the National Hardware Show in Las Vegas; Metaltech 2010 in Malaysia; Busworld Asia 2010 in Sha

Taipei, June 30, 2010 (CENS)--Kenda Rubber Ind. Co., Ltd.'s passenger car radial tire plant in Yunlin of central Taiwan will start production in the second quarter of 2011, with daily capacity of about 5,000 units, according to institutional investors, who said that Kenda has started constructing t

Taipei, June 23, 2010 (CENS)--To sharpen global competitive edge and overcome material supply shortage in Taiwan, TSRC Corp., Taiwan's leading manufacturer of synthetic rubber, plans to build new joint-venture plants in China and India. TSRC president W.H. Tu says these new joint-venture plants

He has held the No. 1 position in the world’s incandescent-bulb decorative lighting market for 10 years, and the press in mainland China refers to him as the “Emperor of Global Lighting.” Now the Taiwan-born Ben Fan, chairman and chief executive officer of the Neo-Neon Holding Corp., which was foun

Taipei, May 31, 2010 (CENS)--Goodyear Taiwan, of American tire maker Goodyear Tire & Rubber Co., recently announced the closure of its factory on July 31 to abide by the American headquarters' policy to cut cost and upgrade competitiveness. Such move contrasts Goodyear Taiwan's announcement in lat

Taipei, May 12, 2010 (CENS)--Thanks to outstanding performance in the most lucrative China market, Cheng Shin Rubber Industry Co., a top maker of car tires in Taiwan, will see annual sales break US$3.17 billion in less than two years. After weathering the global meltdown, Cheng Shin is now a to

The winners of the 14th International Bicycle Design Competition (IBDC), hosted by the Department of Industrial Technology under Taiwan's Ministry of Economic Affairs, were honored at the opening ceremony of the Taipei International Cycle Show (Taipei Cycle) 2010, held March 16-19. With the Taiw

K.R. Chen, chairman of the Taiwan Transportation Vehicle Manufacturers' Association (TTVMA) and president of Taiwan's largest carmaker Yulon Group, sheds light on the future of Taiwan's automotive industry, predicting several possibilities for growth that are influenced by an obvious oversupply i

K.R. Chen, chairman of the Taiwan Transportation Vehicle Manufacturers' Association (TTVMA) and president of Taiwan's largest carmaker Yulon Group, sheds light on the future of Taiwan's automotive industry, predicting several possibilities for growth that are influenced by an obvious oversupply i

More and more Taiwanese automotive-related companies are realizing that their future lies in mainland China, which is poised to displace the United States as the world's largest automobile market within the next few years. Apart from its market potential, mainland China offers a route for Ta

Brazilian Ethanol Finally USA-approved Hardly news after three decades of efficient sugarcane cultivation, Brazil’s widely reported success in distilling ethanol from the crop is finally recognized stateside: Earlier this year the U.S. Environment Protection Administration (EPA) approved Brazilia

China replaced the United States as the world's largest automobile market in 2009, with total sales of about 13.6 million new cars─the culmination of years of high-speed growth, even during the global recession. With the rapid increase in new-car sales, more and more Chinese provincial and

With economies slowly recovering in most major nations, suppliers and buyers of auto parts and services turned out in promising numbers at last year’s Automechanika Shanghai, held the 11th time from December 9 to 11 at the Shanghai New International Expo Center. Such encouraging numbers are not sur

Taipei, March 23, 2010 (CENS)-Delta Electronics Inc. recently took over a 3.5-generation color-filter factory from Allied Material Technology Corp. (AMT) as the first step to introduce the world's first color electronic book in the third quarter this year. Delta, known for its power-supplies, h