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Industry Reports

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Taiwan's fastener sector embraces digital transformation

Aug 15, 2022

⬛ Chao Ting-yu In the past two years, global events like the Ukraine-Russian war have led to raw material shortages and further disrupted the already-fragile global supply chain. This backdrop has cemented the determination of suppliers in the traditional industries based in southern Taiwan to embrace digital transformation trends. For instance, fastener suppliers based in Kangshan, Kaohsiung...

Financial Events for Upcoming Week (March 14)</h2>

Financial Events for Upcoming Week (March 14)

Mar 14, 2022

1. Foxconn MIH Alliance Sees Over Hundreds of Japanese Suppliers Join Foxconn's foray into the electric vehicle industry is seeing big gains, as The Nikkei reported that notable Japanese brands like Toyota, and auto part supplier Denso, which has invested in TSMC's Kumamoto factory project, are all slated to join Foxconn's MIH Alliance initiative. Other benchmark Japanese suppliers, such as Ho...

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...

Industry In-Focus

Suppliers must get an edge in the new economic landscape</h2>

Suppliers must get an edge in the new economic landscape

Sep 05, 2022

Hardware, fasteners, and hand tools sectors are among the top exporters in Taiwan, delivering quality products to various global markets promptly thanks to their competitive edge of operating under an industry hub model. Managing lead times and delivery expectations have become crucial under disrupted supply chains. Prices for raw materials and energy have risen as prolonged global events like...

Photo credit: UDN

Steel makers weigh in on new 2050 Net-Zero Carbon Emissions Roadmap

Mar 31, 2022

With the National Development Council (NDC) releasing its 2050 Net-Zero Carbon Emissions Roadmap on Thursday, steel metal providers outlined the potential challenges in the industry under the carbon-neutral era. Steel metal providers pointed out that while it is relatively easier to slash carbon emissions, going neutral is "revolutionary," stressing that it is an inevitable trend. With the in...

Photo Credit: UDN File Photo

Manufacturing index signals flat growth amid Omicron wave for November

Dec 30, 2021

Taiwan Institute of Economic Research (TIER) announced the November manufacturing index on Thursday, signaling that the overall index rose by 0.14 points from 15.14 points revised last month to 15.28 points in November. The index signal, representing the state of the manufacturing index, has remained in the green index for two consecutive months now. The application of emerging technologies an...

Supplier News

Ray Fu's automotive fasteners are highly lauded by clients, as the company maintains stringent quality control in choosing wire materials, and conducting further inspections before shipping the orders.

Ray Fu to Fit Production Lines for Auto Fastener Parts in New Factory Offering the Most Comprehensive Services for Buyers

Oct 25, 2022

∎ Huang Chi-ming Local fastener manufacturer, Ray Fu Enterprise Co., Ltd. reports that their new factory is slated to cover an approximate 138,000 square meters of land, and successfully put its first-stage projects of four factories into operation. The first-stage commissioned factories largely houses designated areas for product production, mainly semi-completed wire products, spheroid anne...


Zhe Thai currently is capable of churning out 60,000 valves per month. (Photo courtesy of Zhe Thai)

Find high-caliber valves at Zhe Thai Machinery

Aug 15, 2022

⬛ Kuo Fang-lin Zhe Thai Machinery Co., Ltd., founded in April 2005, is one of Taiwan's most professional manufacturers for a variety of valves and related accessories. The company uses certified materials to turn out high-caliber valves. The company’s headquarters had been relocated to Wufeng, central Taiwan, where they established an R&D department to design and develop innovative products...


Kingbolt Metal offers a wide range of products, such as wire products, hooks and hardware. (Photo provided by KingBolt Metal)

Kingbolt Metal looks after clients with quality hardware

Aug 15, 2022

⬛ Chang Shi-hua As a professional manufacturer of various hardware products founded in 1975, Kingbolt Metal Co., Ltd. can offer clients great quality products and services. Kingbolt Metal specializes in stamping, pressed works for steel and stainless steel, as well as brass products. The firm has also branched out to stamping products, cabinet hardware fittings, mini latch, auto latch, welded me...


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

The 22nd Fastener Trade Show Suzhou is going to open its doors</h2>

The 22nd Fastener Trade Show Suzhou is going to open its doors

Aug 07, 2023

As a grand festival for global fastener suppliers and buyers, the 22nd Fastener Trade Show Suzhou will open its doors from 25-27 October 2023 at Suzhou International Expo Center (SIEC), Jiangsu Province, China. The show will occupy halls D1 and E1, with a total exhibition area of 12,000 square meters, featuring more than 400 exhibiting companies (expected). Some 12,000 buyers and visitors fr...

Crowds at the 2022 International Hardware Fare Cologne as pictured here. (Photo credit: Koelnmesse, INTERNATIONAL HARDWARE FAIR)

2022 International Hardware Fair Cologne Post-Show Report

Oct 19, 2022

Show Info After a four-year-long hiatus, the 2022 edition of the International Hardware Fair Cologne (IHF) wrapped up on Sept. 28 after returning to the Cologne Exhibition Center in person for the first time after the COVID-19 pandemic outbreak. According to the event organizer Koelnmesse GmbH's compiled statistics after the show, the four-day event saw approximately 25,000 visitors fro...

Economic Daily News (CENS) publication team member poses with domestic buyers at CENS' I0024 booth at 2022 TaipeiPLAS. (Photo courtesy of CENS)

TaipeiPLAS reopens after 4 years, CENS as bridge for buyers and suppliers alike

Sep 29, 2022

TaipeiPLAS and the concurrent ShoeTech Taipei return to Nangang Exhibition Center Hall 1 after four years in a hybrid manner on Sept. 27. This year’s edition of the biennial show would mark the series’ first since the COVID-19 pandemic officially broke out in 2020. Both shows have gathered 300 exhibitors using 1,300 booths, coming from 12 countries and regions. From the upstream material supp...