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Industry Reports

Port of Los Angeles. Photo credit: UDN/Reuters

Global prices and shortages at a glance

Jan 03, 2022

The new year was ushered in over the weekend; despite new beginnings, trends in 2021 that included shortages and rising prices will continue into 2022, exacerbated by backlogged shipping ports and worsening COVID-19 situations in major manufacturing hubs. Chip Shortages Since the COVID-19 pandemic ramped up in 2020, semiconductor shortages persisted as supply failed to keep up with consumer...


Taipower warns of stressed power grid in orange-level capacity</h2>

Taipower warns of stressed power grid in orange-level capacity

Oct 08, 2021

Taiwan Power Co. (Taipower) announced that as of Thursday evening, the operating reserve of electricity was reported to be at only 4.32%, with the state power supplier's status index showing an orange light indicating a stressed capacity in the afternoon. The news comes amid heightened awareness regarding energy supply as countries around the world battle with impending power shortages or pow...


Expect hybrid events in the future: survey</h2>

Expect hybrid events in the future: survey

Aug 30, 2021

Amid the Delta variant-fueled outbreaks going around the world, event organizers, exhibitors, and marketers hoping for the return of in-person events in the fourth quarter should be According to a SearchEngineLand article, their survey of marketing professionals this summer indicated a 50% chance on average that they would attend an in-person event through the end of 2021. Their latest Eve...



Industry In-Focus

Yang Light's modern factory located in Changhua County, central Taiwan, capably rolls out a variety of quality-approved parts for industrial application.

Yang Light a Rising OEM of Industrial Parts

Versatile maker's boldness helped build recognition and competitiveness

Mar 03, 2017

Taiwan-based OEMs (original equipment manufacturer) have become veritable classic business models in world trade, able to take on just about any order in any volume made according to customers’ specifications, and thus have been recognized by foreign customers as the most trustworthy production arms. Yang Light Engineering Company is one such typical OEM in Changhua County, central Taiwan, who...


Formosa Plastics Group starts process to invest in building the fourth ethane cracker complex in the U.S. to boost ethylene output (photo courtesy of UDN.com).

Formosa Plastics Group of Taiwan Starts Investment to Build Ethane Cracking Plant in Louisiana, USA

Project targets raising to 80% overseas investment from current 25%

Feb 22, 2016

Taiwan-based Formosa Plastics Group, the high-profile conglomerate set up in 1958 that produces petrochemicals and plastics, has kicked off an investment project to set up its fourth ethane cracking complex in Louisiana, the U.S., as part of its objective to raise the proportion of overseas investment to some 80 percent over the next three years from 25 percent as it has maintained in the past. ...


Taiwan's fastener production volume during 2005-2014

Taiwan's 2014 Fastener Production Again Sets Record High Volume

Production volume in 2014 exceeds new high of 1.812 million tonnes for second straight year

Feb 25, 2015

Compiled by STEVE CHUANG With TV news reports that certain parts of the USA have seen home prices rise sizably since last year, in particular those in San Francisco, and the Greek debt deal tentatively extended, and car sales stateside increase due to falling gas prices, some say the global economic climate looks promising and should drive manufacturing and construction industries worldwide, w...



Supplier News

Photo courtesy of VERTEX PRECISION INDUSTRIAL CORP.

VERTEX PRECISION INDUSTRIAL CORP.

One Stop Manufacturer For Custom Bolts & Nuts

Jan 14, 2021

Vertex Precision was established in 2005 , and located in the heart of fastener industry in Kaohsiung, Taiwan Being an IATF 16949 certified manufacturer, Vertex provide quality custom fasteners to worldwide customers in various industries, such as automotive, electric vehicles, appliances, electronics, machinery, solar energy, construction, etc. Vertex Precision manufacture custom Ball Stud...

VERTEX PRECISION INDUSTRIAL CORP.


Sheh Fung owns three factories, one of which located in Mituo District, KaoHsiung primarily focuses on packaging and heading.

Sheh Fung Screws' Profitable Q3 Prompts Goal for NT$2 Billion Sales by Year-End

Sep 24, 2020

■ Huang Chih-ming Located in Kaohsiung, Taiwan, Sheh Fung Screws Co., Ltd focuses on manufacturing three categories of screws: self-drilling screws, painted screws, and wood screws, often found in wood construction, sheet metal roofs, wood footpath, and DIY home decor applications. Currently, the U.S. is the firm's primary market, making up 64% of sales, 7% for Europe, 6% for Asia, and 12% for...

SHEH FUNG SCREWS CO., LTD.


Chipboard Screw, Special Wood Screw, provided by Shuenn Chang Fa

Quality Fastener Maker Shuenn Chang Fa Shows Resilience with Sales Boost

Sep 24, 2020

■ Huang Chih-ming Taiwanese quality fastener manufacturer Shuenn Chang Fa Enterprise Co., Ltd.'s (SCF) presented exceptional ability to adapt to challenging times amid the COVID-19 pandemic. Unlike other firms, SCF leveraged its production strategy with its new plant, and even saw sales performing better than expected. SCF’s newest factory expands the original 10,000-square meters factory g...

SHUENN CHANG FA ENTERPRISE CO., LTD.



Insiders' Views

Kristy Chi, MIRDC's industry analyst.

MIRDC Analyst Shares Views to Dispel Doom of Red Supply Chain on Taiwan's Fastener Industry

Taiwan-to-China fastener exports in Jan.-July 2015 total 11,000 tonnes versus only 3,000 tonnes of imports

Oct 01, 2015

The rise of China’s “red supply chain,” a term coined by market observers for aggressive development of Chinese tech industries backed by the central government to minimize dependence on imports and secure sustained economic growth, is widely regarded a growing threat to Taiwanese manufacturers, especially those from the island’s industries supplying products and services overlapping those from t...



Exhibition Highlights

International Fastener Show China 2021 is always going up </h2>

International Fastener Show China 2021 is always going up

Jul 16, 2021

With an exhibition area of 42,000 square meters, there were breakthroughs of the scale and level for International Fastener Show China 2020. IFS China gathered 725 renowned enterprises and set up 1936 booths, attracting 36,080 visitors including 4212 overseas visitors from 53 countries and regions in 2020. For last edition, IFS China 2020 boasted an active participation of overseas equipment ...


Passing on Positive Information and Consolidating Confidence of the Industry,  International Fastener Show China 2020 Rounded off Successfully</h2>

Passing on Positive Information and Consolidating Confidence of the Industry, International Fastener Show China 2020 Rounded off Successfully

Dec 17, 2020

International Fastener Show China 2020 (IFS China 2020) was grandly closed on November 5, 2020 at Shanghai World Expo Exhibition & Convention Center. IFS China 2020 covered a total display area of 38,000 sqm. 615 well-known fastener enterprises worldwide (1,683 standard booths) showcased fastener manufacturing machinery, molds and consumables, design, technology and services, standard fasteners, ...


Stable Development and Popular Fastener Show in China</h2>

Stable Development and Popular Fastener Show in China

Sep 11, 2020

Driven by market prospects, domestic and international exhibitors actively prepare International Fastener Show China in Shanghai on November 3-5, 2020. Suffering from global epidemic and quarantine nearly half year, exhibitions are hot and popular in mainland China. Thousands of visitors join and visit the exhibitions with inquiries, and are eager to know new technology. Domestic and inter...