Taiwan’s auto parts exports reached US$6.7 billion in 2018. The U.S is the top destination for Taiwan-made auto parts, accounting for 45.9% of exports while exports to Japan and China placed second and third with 6.25% and 4.17% respectively. Mexico, on the other hand, is ranked as Taiwan’s sixth exporting country with an increase of 3.1% compared to the same period in 2017, creating the highest ...

Benefiting from economic growth, population expansion and an intensifying aging phenomenon, coupled with everyone's increasing concern about health issues, the global demand for medical devices is increasing sharply. In North America, it is expected the spending on healthcare will register a growth of 5.9% from 2017 to 2025. In Europe, rising demand for both dental and physical body implants is e...

After Taiwan’s aerospace industry made it past the billon-New Taiwan dollar mark in 2016 at NTD$100.27 billion, the industry reached new heights the year after by hitting NTD$108.499 billion in 2017. The Ministry of Economic Affairs Industrial Development Bureau expects to see the aerospace industry perform exceptionally well in 2018, reporting production value past NTD$120 billion. Aerospace ...

Southern Taiwan’s biggest expo “Kaohsiung Industrial Automation Exhibition 2019” (KIAE) entered its second day over the weekend. Coupled with favorable weather, crowds of waiting visitors were already seen outside the venue before opening hours, crowding the show grounds throughout the entire day. Reports indicate visitor numbers exceeding 10,000 people in a single day alone, prompting exhibitors...

Chuan Fan Electric Co. Ltd. has over 35 years of experience in manufacturing air blowers, primarily focusing their businesses in making high-pressure ring blowers, turbo blowers, turbo multi-stage blowers and more, coming in medium, and low-powered blowers. Chuan Fan also offers industrial-use vacuum cleaners, pressure exhaust fans and industrial fans. The type of multipurpose blowers Chuan F...

Taiwan Association of Machinery Industry Metal Forming Machinery Committee Chairman and Forwell Precision Machinery Company President Hsiao Wen-long touched base on Taiwan’s metal forming machinery industry scene at the 2019 Taipei Int'l Machine Tool Show pre-show press conference. The 2019 Taipei Int'l Machine Tool Show (TIMTOS) is slated to kick off on March 4 to March 9 at Taipei World Trad...

Taiwan’s machinery equipment export figures for last year showed an accumulation of US$27.4 billion worth of exports and signaling a 7.2% annual growth rate, according to a report released by Taiwan Association of Machinery Industry (TAMI) on Monday. While the report indicates a new-high of yearly growth, however, due to trade tensions between China and the U.S., it was still just half the origin...

The biannual ArabPlast 2019 is marked as the most indicative benchmark as the largest trade expo for plastics, petrochemicals and rubber industry in the MENA region. The show kicked off on Jan. 5, attracting 336 exhibitors from 27 countries. Taiwanese exhibitors also attended, led by Taiwan Association of Machinery Industry in a 34-member strong delegation, a size just shy of China and India. ...

With the ongoing U.S.-China trade dispute, uprooted financial sector, sluggish sales for the new Apple smartphone, the manufacturing industry sees a pessimistic forecast for the next six months. This has led to the local manufacturing sector to flash a “yellow-blue” light in October, said Taiwan Institute of Economic Research (TIER) on Thursday, making this the fifth consecutive month of slugg...

Taiwan’s machinery exports could see a 5% to 10% growth next year, said Taiwan Association of Machinery Industry Chairman Alex Ko, despite growing U.S.-China trade tensions. Ko, speaking at a Central Taiwan membership association meeting on Wednesday, cited declining fertility rates and automation as both irreversible global trends that are also influencing the local market, though held out a ...