Taipei, March 24, 2011 (CENS)--Taiwan Glass Ind. Co. is mulling allocating more production capacity for the manufacture of higher-price and-margin super-thin glass, according to company sources.
The massive earthquake in Japan affected production of thin glass for touch smartphones and tablet PCs applications, making numerous orders switched to Taiwan.
Taiwan Glass said that it has won orders for thin glass exceeding its existing production capacity by 50%. The company's major product categories include flat glass, fiber glass, and glass for containers, tableware and kitchenware. In recent years, Taiwan Glass has been actively venturing into the super-thin glass field to grab more business opportunities from high-tech devices.
Industry sources said that after the Japanese earthquake many international high-tech companies have switched their orders for raw materials to new suppliers in Taiwan or other nations.
Before the March 11 earthquake in Japan, Taiwan Glass said, orders for super-thin glass had exceeded the company's total capacity by 30%, and the capacity shortfall has risen to about 50% now. Currently, the firm's monthly capacity of super-thin glass is about 12 million tons, and additional capacity can hardly be generated from existing lines. Accordingly, Taiwan Glass decided to give up production of some low-price and -margin products to make more capacity for super-thin glass.
In late 2010, Taiwan Glass began constructing a new plant to produce super-thin glass products for especially touch-panel applications. The new factory is scheduled to kick off mass production in the third quarter of 2012 with initial annual capacity of 35,000 tons of 0.5-1.1mm super-thin glass. Total investment in the new factory is about NT$3 billion (US$100 million), while the facility is expected to contribute an annual production value of about NT$2 billion (US$66.7 million).
Electrical terminal, wiring and connector maker K.S. Terminals Inc. expects order visibility to reach Q2, amid strong growth in the EV market as reported at its earnings call last week. The company is looking at two-digit growth for this year's goal, eying significant demand from green energy selections and automotive terminals and charging guns for electric vehicles, notably the latter. In the...
The Ministry of Economic Affairs said today that in February, the industrial production index was 117.49, with an annual increase of 10.01% due to easing supply chain disruptions and chip shortages. This marks the 25-month consecutive positive growth period, also the second-longest in history. The manufacturing index was 119.76, an annual increase of 10.16%, which set a new high for the same ...
If there's a keyword that can be used to summarize the past two years, it would be “digitalization.” Across different industries, companies and suppliers are seeking ways to tap into the post-COVID market, and the furniture sector is no different. Here are two trends we've identified that would and continue to shape the market in the coming year and more. Going Digital While the typical con...
Industries are focusing on new technologies for better environmental sustainability and to promote the overall protection and safety of consumers. The same is trending in Taiwan's hardware and plumbing sector. Companies and consumers are becoming more and more aware of the long-term impact of pollutive materials on natural resources, and as policies and regulations are changed in other crucial ma...
Japanese automotive brand Toyota's recent announcement of reducing production in March due to chip shortages is another setback for the company, as this would not be its first time scaling back capacity in the past two years. Earlier, Toyota had also announced that the chip shortages had slashed the group's production goals from April to June. However, Economic Daily News points out that Toyot...
Top automotive electronic suppliers and Taiwan's leading R&D center in autonomous technology and testing, Automotive Research and Testing Center (ARTC), collectively announced the formation of the “Automotive AI Imagery Chip and Smart Cockpit Display Module Industry Alliance" on March 18. Representatives from Elan Microelectronics, AU Optronics, Chimei Motor, China Motor, RAC Electric Vehicles...
Founded in 1981, Steel Mark is specialized in manufacturing locks and other related hardware. The company's product catalog includes padlocks, motorcycle and bike locks, deadbolt locks, digital door locks, door locks, rim and euro profile cylinders, and concerning hardware and parts. The company currently operates modern manufacturing facilities occupying 3,300 square meters with more than 40...
In the face of an ever-competitive global market and pressured by rising costs, Wire Master Industry believes the best chance of increasing its competitiveness is improving product quality and investing more into R&D. This allows Wire Master to be in a prime position to stake a good position in the market. Wire Master is looking to develop long-term partnerships with similar values and focus on p...
Since the founders' humble beginnings in the 1960s, traveling from his hometown in Chiayi County to urban Taipei City to learn a trade, he has dedicated the eventually-formed Kuang Shin Enterprise to providing quality products. Kuang Shin offers children's desks and chairs, computer chairs, furniture hardware, OA office chair and desks, connected chairs, display shelves, chair bases, and parts...
Taiwan First brakes Technology Co., Ltd.
Mar 04, 2021Nan 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...
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...
■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...
The 2022 Smart City and IoT exhibition kicked off on March 22, featuring top Taiwanese brands showcasing related applications in the sector. It is worth noting that in addition to 5G-related extension and other mainstream smart city applications, energy storage has become a highlight at this show, notably, TECO, Far EasTone, and Gogoro all have offered relative solutions. According to statisti...
With the 2022 Smart City Summit & Expo scheduled to kick off on Tuesday at the Nangang Exhibition Center Hall 2 from March 22 to March 25, and Kaohsiung Exhibition Center from March 24 to 26, exhibitors are quickly rolling out new products for this year, including TECO Group. In the past few years, TECO has exhibited at the show exhibiting the group's subsidiaries, concentrating on AI, IoT, n...
TIMTOS x TMTS 2022, the first international trade show and the first of its kind on the calendar, kicked off this Monday, with Taiwan Association of Machinery Industry (TAMI) Chairman Larry Wei pointing out that business orders generated from the mega show are expected to hit USD$$1.7 billion (NTD$47 billion). President Tsai said that in the face of the impacts caused by the pandemic, as well ...
