These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
Deal to help build presence in European segment and auto equipment sector
Jan 08, 2016The Fair Friend Group has emerged as the world’s No.1 maker of automated turnkey plants for the automotive industry after taking over the German MAG Group’s industrial automation system business, according to chief executive officer (CEO) of the Taiwanese machine-tool manufacturing conglomerate, Jimmy Chu. He says the acquisition will help his group quickly snatch shares of the European machin...
Relatively high NT-to-Dollar rate and bearish market demand seen as causes
Dec 28, 2015Noticing Taiwan’s exports of machine tools having dropped 15 percent year on year (YoY) to US$2.91 billion in the Jan.-Nov. period, chairman B.X. Ke of the Taiwan Association of Machinery Industry (TAMI) projects the island’s machine-tool exports to contract 16 percent YoY to US$3.15-3.2 billion by the end of 2015, the worst recession in such industry on the island since 2008. He ascribes the ...
The Delta-robot-integrated packaging machine affixes labels with human dexterity
Sep 07, 2015Producing packaging machines has been a sizable part of Taiwan’s machinery industry, with strong global presence over the past few decades mostly thanks to insiders’ steady investment in R&D to enhance added-value for customers by delivering quality machines and services. However, the sector, as is the case in other industries, has been weathering tough going recently, including growing rivalry f...
Chairman sees China as Taiwan's foremost machine-tool rival in only 3 years
Jul 01, 2015Chairman David Shen of Kao Fong Machinery Co., Ltd., a leading machine-tool maker under the Hota Group in Taiwan, forecasts mainland China to transform into Taiwan’s foremost competitor on the global machine-tool market in only three years, and his company has drawn up strategies to counter such challenge. He observes that the “red supply chains,” a term obviously coined to refer to the rising...
Relatively strong NT-dollar has dampened Taiwan's exports
Jun 22, 2015Compiled by KEN LIU W.H. Wang, chairman of the Precision Machinery Development Association R.O.C. (PMDA R.O.C.), is pleading with the Taiwan government to allow the NT-dollar-to-greenback rate to fall to 33-to-1 to strengthen the island’s machinery makers’ competitiveness on the global markets, a suggestion he made when President Ma Ying-jou visited his company, Ching Hung Machinery & Elec...
The “235” strategy proves effective in boosting the firm's operating efficiency and profits
Jun 22, 2015Compiled by KEN LIU Seven years of restructuring beginning in 2007 has finally paid off for machine-tool maker Kao Fong Machinery Co., Ltd., the owner of the brand "KAFO", whose revenue tripled from NT$490 million (US$15.80 million) in 2009 to record high of NT$2.1 billion (US$67.74 million) in 2014. Before Hota Industrial Mfg. Co., Ltd., a leading manufacturer of all terrain vehicles a...
The repeatedly mentioned issue has become a hurdle in industry's pursuit of NT$1 trillion revenue target for this year
Jun 22, 2015Compiled by KEN LIU While Taiwan’s machinery exports overall increased 2.3 percent year on year in the first five months of this year, to US$8.43 billion, the machine-tool export was down 6.7 percent due to strengthened NT-dollar-to-greenback rate relative to weaker counterparts of Japanese yen and South Korean won. Denominated in NT-dollar, Taiwan’s machinery exports as a whole were NT$2...
Recently rallying NT-dollar saps competitiveness of Taiwanese machinery
May 25, 2015Compiled by KEN LIU Taiwan’s machinery exports declined year-on-year for a second month in April due to a recently stronger NT-dollar relative to Japanese yen and South Korean won against U.S. dollar, according to the Taiwan Association of Machinery Industry (TAMI), which represents around 3,000 local machinery manufacturers. On year-on-year basis, the Taiwan exports increased 25.7 perc...
Lam of Quanta gives maker a needed break in 1990
May 25, 2015Compiled By KEN LIU Mirle Automation Corp. Chairman H. Sun humbly says that although his company, Taiwan’s No.1 automation-system provider, has built solid command of the local market, it will, if limited to playing on home turf, remain in the little league in terms of operational scale relative to international players like Mitsubishi Electric Corp., Fanuc Corp., and Siemens AG. Sun’s ...
Local makers want to see NTD-greenback rate of 33:1
May 25, 2015Compiled By KEN LIU Chairman Eric Chuo of the Taiwan Machine Tool & Accessory Builders’ Association (TMBA), as well as chairman of the precision mechanical parts maker Hiwin Technologies, is anxious that the island’s machine-tool industry is likely to end this year with negative export growth rather than a positive 10 percent year-on-year increase as previously projected as result of a str...
