Wang Jun-xian, the new chairman of Fu Chun Shin Machinery Manufacture Co., Ltd. (FCS), the largest plastic injection molding machine maker by output in Taiwan, has shown an ambition to further boost the company’s business deployments overseas through setting branches overseas and developing niche products. After FCS scored a new high of NT$3.389 billion (US$115 million) in revenue last year, t...

Benefiting from the electric vehicle (EV) trend, Hota Industrial Mfg. Co., Ltd., one of the largest precision auto transmission component makers by size in the global market, has witnessed a flood of contract orders for reduction gearboxes for use in EVs. With the new orders, Hota is very likely to see a rosy future in the coming years. For the first two months of 2018, Hota reported consolida...

Due to steady global economic growth as well as a comparatively low base last year, Taiwan’s industrial production index and manufacturing industry index both have continued growing over the past months, suggesting that most of domestic industries are likely to finish 2018 with robust performance. Taiwan’s Ministry of Economic Affairs (MOEA) reported an industrial production index of 115.98 fo...

Mainly on the popularization of mobile Internet around the world as well as slumping prices of internet components, application of data analysis is rising to become the key element in the development of the smart manufacturing industry, with some market researchers predicting market size of smart manufacturing to reach US$250 billion this year. To achieve smart manufacturing, ever more manufa...

With overall shipment of machine tools continuously growing, along with its newly set up intelligent production lines continually becoming operational, Hota Industrial Mfg. Co., Ltd., one of the largest precision auto transmission component makers by size in the global market, aims for consolidated revenue of over NT$10 billion this year. It is reported that Hota’s manufacturing know-how of co...

With its overall export of machinery, including machine tools, continuously growing to hit a record high in 2017, Taiwan posted impressive performance in the global rankings of machinery exporting countries. Mainly on steady global economic expansion, Taiwan’s export revenue of machinery in 2017 amounted to US$25.6 billion (NT$748 billion), the highest ever seen in history, putting the island ...

After scoring impressive consolidated revenue of NT$70 billion (US$2.3 billion) last year, Fair Friend Group (FFG), the third-largest machine tool maker in the world, will kick off a corporate restructuring plan this year, to merge its 37 brands in Asia, Europe and the U.S., as well as 50 manufacturing bases, into one company, announced Jimmy Chu, chairman of FFG, at the year-end party held on Fe...

As Taiwan’s Industrial Production Index for 2017 just showed the strongest year-on-year (YoY) growth of 2.9 percent ever in history, Ministry of Economic Affairs (MOEA) expects overall output of the island’s manufacturing sectors to continue to grow this year. MOEA's statistics department reported, Industrial Production Index of Taiwan last December reached 113.42, up 1.2 percent from a year a...

Earlier this year, Rita Teaotia, the secretary of Ministry of Commerce & Industry, Government of India, headed a group of five senior officials and several buyers to attend India-Taiwan Trade Forum & Business Matching Meeting held by Taiwan External Trade Development Council (TAITRA), a non-profit, Taiwanese government co-sponsored trade promotion organization, expecting that through this meeting...

With Lai Ching te, Taiwan’s incumbent Premier, declaring that production value of the island’s machinery industry has exceeded NT$1.1 trillion to become the third industry with such an achievement of over NT$1 trillion, Taiwan’s government has decided to put more resources into the industry to help more small- and medium-sized enterprises (SMEs) to better catch up to the smart manufacturing trend...