Investors are looking into industrial metals, such as copper and nickel, as the COVID-19 vaccine news and the government's stimulus plans have prompted renewed confidence in the manufacturing industry.
The vaccine news and U.S. President-elect Joe Biden's win have smoothed out investors' concerns and would serve to bolster the economy.
China's increasing procurement of metal products have attracted attention, Goldman Sachs' data showed China's imports of refined copper had broke records at 4.4 million tons. Beijing's initiative to store strategic consumer products have bolstered demand as well. Metal sales in the U.S. and Europe have also increased, benefiting consumers looking to buy bicycles and air conditioning products.
Investors estimate metal prices could continue to grow as factors like halting investment in sourcing new metals from metal suppliers disrupt supply.
Global high-end lithium iron phosphate battery maker Aleees saw a rebound in YoY growth, as its combined revenue in November hit NTD$15 million, indicating resumed demand and further increasing its investments in new energy solutions for automotive use. Aleees remarked that the firm is currently replacing its automotive lead-acid batteries with the new lithium iron phosphate options, having be...
Taiwan's fasteners have long been the top contributors to the island's exports, renowned globally as a prominent manufacturer. Last year, this island shipped out fasteners valued at USD$4.31 billion, just behind China, Germany, and the U.S. In terms of outbound volume, Taiwan ranks second place worldwide. The local industry here has gained its sterling reputation with their prompt delivery, excel...
The US-China trade tensions have led to global IC leader Arrow Electronic's Arrow Asia PAC becoming the next likely candidate for blacklisting by the U.S. Bureau of Industry and Security (BIS) as a military-end-user (MEU), reported local media on Monday. Over the weekend, Arrow has refuted the claim, saying the BIS has pledged to conduct investigations into the matter before publication on the...
Taiwan's only professional fastener expo is slated to return to Kaohsiung on Sept. 1 to 3 in 2021. The show aims to showcase its most comprehensive fastener production chain, spanning across central and southern Taiwan, to entice international buyers. Show organizer implementer Taiwan External Trade Development Council (TAITRA) expects to see 20,000 domestic and international buyers at Fastener T...
In an unprecedented event in modern history, the COVID-19 crisis has ignited firms to pursue new approaches to overcome restricted mobility, teleworking challenges, and disrupted production chains. In keeping with the theme of innovation and digitalization, the following two fastener firms are examples of what companies can achieve when they prioritize innovation and forward-looking planning. ...
Taiwan-based electronics maker Pegatron Corp.'s move to enter the electric vehicle industry will likely consider servicing their biggest client Tesla by setting up a factory in the U.S. Pegatron Chairman Tung Tzu-Hsien, making his remarks representing the Taipei Computer Association director at an Information Technology Month event, has continually expressed his optimism regarding the EV indus...
■Chuang Chih-chiang Ding Chen Tek has accumulated invaluable know-how to adhere to high standards by developing and manufacturing high precision equipment, such as automated optical inspection and optical sorting machines. Seeing increasing inquiries into its optical inspection gear, Ding Chen Tek has devised testing procedures and evaluation standards for its products to shore up client trust...
■ Li Fu-chung The PASAIP process has long been considered a standard method to produce high-level alloy steel wire, despite its time, profit consuming, and environmentally-harmful practices. However, that changed when wire drawing machine maker Gwo Lian Machinery innovated a patented technology "alloy steel thick wire drawing," which has revolutionized the industry. The new process not only ac...
Harley-Davidson motorcycle parts, restoration parts for classic cars, auto parts and accessories, hardware parts, and all kinds of high-quality die casting products.
Oct 28, 2020Founded in 1978, Tair Wang Enterprise Co, LTD. is a zinc die-casting manufacturer with ISO 9001 quality certified. With the excellent reputation as a professional OEM manufacturer, Tair Wang has actively expanded its businesses abroad in the past 15 years by providing high-quality products and services for the clients. Currently, Tair Wang provides the parts for the Harley-Davidson motorcycles,...
■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...
Founded in 1980, Paul Master Auto Parts Co. is headquartered in Taiwan, a professional manufacturer of chassis and engines parts for passenger cars, trucks, and industrial trucks including forklifts. General Manager Terry Liang said the company has its own professional design department, which provides customized products and specifications for global buyers, including automobile steering and...
Taiwan First brakes Technology Co., Ltd.
Sep 04, 2019Nan 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...
For the first time, Automechanika Shanghai establishes hybrid gateways for onsite and overseas players accessing one of the most valuable assemblies for the automotive industry in 2020. Under the prevailing “Dual Circulation” policy in China, the show’s new format opens up wider sourcing, networking and knowledge-sharing opportunities to address evolving market needs. While it physically opens to...
On September 12, 2020, the 26th China International Furniture Expo (Furniture China) successfully concluded at Shanghai New International Expo Centre (SNIEC). While the concurrently held project, Maison Shanghai 2020, also ended the day before (September 11) at Shanghai World Expo Exhibition and Convention Centre (SWEECC). In the 5 days, both shows released the vitality and essence of Chinese fu...
Preface The three-in-one Taipei AMPA wrapped up on Oct. 24 at the Nangang Exhibition Center Hall 2. According to TAITRA’s statistics, the four-day event attracted approximately 6,000 professional visitors, including representatives from Tesla Taiwan, TOYOTA, FORD, NISSAN, the joint EV venture between Foxconn and Yulon, and Michelin Tires. Unlike previous events, TAITRA organized a virtual e...