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Taiwan Industry Updates / Machinery & Machine Tools / Supplier News

Forng Wey Machinery Co.
Straightening machine, drill pointing machine & wire straightening machines

2009/10/08 | By Candy Chen | FORNG WEY MACHINERY CO., LTD.

With more than 10 years of manufacturing experience, Forng Wey Machinery Co., Ltd. is one of Taiwan's leading makers of wire straightening & cutting machine and drill pointing machine.

Staying concentrated on quality, prices and customer services, the company has fared smoothly in exporting its products to Southeast Asia, India, the Middle East, and Western Europe. Also, the company accepts orders on the OEM/ODM (original equipment/design manufacturer) basis.

The company vows to offer global customers high-caliber products at reasonable prices, and excellent after-sales services. In addition, it much appreciates inquiries and orders from customers and hopes to build long-term partnerships with them.

Supplier News

Stand Tools- BIG-DISPLAY electronic torque wrench in 2023 SEMA

2023/11/02

Stand Tools (South Hall Upper level - 35227)presents BIG-DISPLAY electronic torque wrench in 2023 SEMA show. Make it much easier to READ!! Back light and big numbers make users more comfortable after applying torque, and they won’t misunderstand torque values anymore. 5 unit-selection, torque-and-angle measurement, and torque value preset functions are included. 2 AA batteries operated. Long time...

STAND TOOLS ENTERPRISE CO., LTD.

Tainan Government Promotes Global Trade Expansion and Economic Cooperation

2023/10/23

To assist enterprises in Tainan to continuously expand their global markets and promote economic cooperation, the Bureau of Economic Development, Tainan City Government, began Global Trade Expansion and Economic Cooperation programs to encourage enterprises to venture into new global markets and attract investments to Tainan, and upgrade its local industries. The programs, entrusting implementati...

WORLD CLASS MACHINE TOOLS INNOVATIVE MACHINING SOLUTIONS

2023/09/22

ALEX-TECH MACHINERY INDUSTRIAL CO., LTD. is spearheading the industry with specialized R&D for CNC lathes and machining centers that are widely known among world class engineers for precision. Our entirely computerized production facility occupies a space of over 3,300 square meters and employs a staff of over a hundred employees. Extremely rigid quality control procedures throughout operations e...

ALEX-TECH MACHINERY INDUSTRIAL CO., LTD.

Industry In-Focus

Evolving Pathways: Taiwan's Auto Parts Industry Thrives Amid Global Shifts

2023/10/12

Relying primarily on exports, the auto parts manufacturing industry in Taiwan experienced a considerable downturn in 2020 due to the global ramifications of the COVID-19 pandemic. However, as lockdowns were gradually lifted worldwide and the international automobile supply chain encountered disruptions, a shortage of new cars ensued. This circumstance not only bolstered the resale of second-hand ...

ITRI Holds Envisioning a Better Future International Forum Featuring Global Industry Giants

2023/09/12

As a part of its 50th anniversary celebration, ITRI hosted the International Forum Envisioning a Better Future on September 12 to explore Taiwan’s forthcoming industry opportunities toward 2035. The event featured participation from industry giants such as Applied Materials, Corning Incorporated, Merck, Oxford Instruments, Mitsubishi Electric, and AVL List GmbH. These leaders shared their success...

ICT Industry Leaders Foresee Taiwan's Sluggish Export to Rebound in Q3

2023/06/05

As Taiwan's export value has been on a continuous downtrend for the past eight months, the Taiwanese government holds pessimistic views that the economy will not bottom out until the fourth quarter of this year. However, a statement from Foxconn Chairman Young Liu on May 25 suggests that the turnaround may occur earlier, in the third quarter. Richard Lee, Chairman of the Taiwan Electrical and Ele...

Industry Reports

Quality and Collaboration: Taiwan-Japan Trade Gains Momentum

2023/10/06

To address the challenges posed by global inflation and the repercussions of the Russo-Ukrainian War, the International Trade Administration, Ministry of Economic Affairs (MOEA), has commissioned the Taiwan External Trade Development Council (TAITRA) to orchestrate collaborative efforts within the precision components, hand tools, and hardware sectors. The objective is to enhance overseas marketi...

AI's Unstoppable Surge: Quanta Computer Chairman's Perspective

2023/10/03

On September 27, Barry Lam, Chairman of Quanta Computer, addressed the rapid escalation of AI computing power, stating that it is doubling every three months, a pace even faster than Moore's Law, which doubles every two years. Additionally, Lam refuted the rumor that "Microsoft canceled lots of AI orders from Quanta" and emphasized that Quanta has consistently received substantial orders. Duri...

Development of Global Automobile Industry Is Moving Towards Self-Driving Technology

2023/08/10

The era of self-driving vehicles has arrived! In recent years, almost every major car manufacturer has been dedicated to R&D for such technology. With the aim to dominate the market, they are striving to develop complete and mature solutions as soon as possible. As of now, Tesla has already built Level 2 driving automation features like "traffic-aware cruise control" and "autosteer" into their...

Insiders' Views

Nan Hoang Traffic Instrument Co., Ltd.

Taiwan First brakes Technology Co., Ltd.

2021/03/04

Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...

NAN HOANG TRAFFIC INSTRUMENT CO., LTD.

OmniEyes' AI Technology Paves the Way for Traditional Industries' Digital Transition

2020/12/15

The COVID-19 pandemic has accelerated the industries' timeline for implementing digital transformation. However, the how's and what's of applying new technologies and improving the added value to existing products and services can be daunting. Three professors from the National Taiwan University College of Electrical Engineering and Computer Science founded the startup company "OmniEyes," basi...

Changhua County Government Shores up Biz-Matching to Global Buyers

2019/11/18

■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...

Exhibition Highlights

Opportunities to Expand Sales in Latin America

2023/11/20

Latin America’s #1 tire and auto parts exhibition is gearing up for 2024. Panama City, Panama— September 11, 2023 — Latin America’s #1 tire and auto parts exhibition, the Latin Tyre & Auto Parts Expo, is gearing up for the latest edition next July 31 – August 2, 2024, with a record-breaking 500+ exhibiting manufacturers from around the world. The expo connects tire and auto part manufacturers ...

Over 120 countries and regions converge in Shanghai to explore automotive market opportunities, just as China lifts all restrictions on foreign investment in manufacturing sector

2023/11/15

On 18 October, the Chinese Government announced that the country would remove all restrictions on foreign investment in the domestic manufacturing sector in the latest efforts to open up the economy to the rest of the world. While levies were already lifted in passenger car manufacturing, the decision supports other sectors of the automotive ecosystem, creating a favourable environment for foreig...

AAPEX 2023 Post-Show Report

2023/11/10

Intro On November 2, 2023, the three-day Automotive Aftermarket Products Expo (AAPEX) for this year concluded. Over the past three years, navigating the challenges posed by the pandemic and the subsequent partial recovery last year, this year's event stood out with an impressive assembly of approximately 2,500 exhibitors hailing from 48 different countries, occupying a staggering 5,200 booths....