The Cowealth Group of Taiwan, a publicly held vendor of medical equipment who was the first Taiwanese firm to have entered the mainland Chinese market some 18 years ago, is determined to promote its products across prefectural cities by 2016 and county cities by 2018 after having supplied such products across provincial capitals in mainland China in 2015. Company chairperson, Q.Z. Wang, is san...

In response to consistently strong market demand for medical instruments globally, some Taiwanese firms in the line have been aggressively expanding production capacity at home and overseas, to be better prepared for shipment growth amid such boom that is expected to continue for the next few years. The increasingly upbeat prospect of the global market for medical devices and instruments is wi...

Taiwan's assembled-bicycle and parts exports contrasted against the frequently reported volatility, uncertainty in the global economy across TV news platforms as CNN, BBC, CNBC and Bloomberg, all of which held their breaths as global stock markets began their first trading day of 2016 by tanking as if uncontrollably, which apparently was triggered by reports of discouraging PMI figures out of Chi...

The Industrial Development Bureau (IDB) of the Ministry of Economic Affairs (MOEA) recently announced survey results related to the top-20 Most Innovative Companies in Taiwan 2015, of which technology companies continue to account for the lion's share. This regular survey, kicked off in 2011, is organized by the IDB and implemented by Boston Consulting Group (BCG). The rankings are derived bas...

Thanks to cyclist-friendly weather in major export markets such as Europe and the U.S., many Taiwan Stock Exchange (TWSE)-listed assembled-bicycle and parts makers reported record-high revenues in the first three quarters of 2015, with institutional investors predicting also these companies to likely achieve whole-year revenue records. Merida Industry Co., Ltd., recognized as the second-larges...

Lien Yu-ping, Director General of the Department of Investment Services (DOIS) under the Ministry of Economic Affairs (MOEA), recently said that a Taiwanese delegation to attract investment from North America has shown promising results, having inked investment letters of intent (LOI) with various American and Canadian companies, including GE, S-Cubed, Alvogen, etc. She estimates that future inve...

Amid ample reports of the vigorous, promising development of Internet of Things (IoT), various global market research institutes forecast that by 2020 around a total of 25 billion to 50 billion IoT terminal devices worldwide will be in use, while the year 2016 is expected to be the time for the global IoT market to take off. Shih Mu-Piao, president of Chunghwa Telecom Co., Ltd. (CHT), repo...

With high-profile firms as Tesla, Google and Uber developing new technologies as autonomous cars amid the growing trends of Smart City, automotive telematics, Internet of Things (IoT) etc., new forms of smart mobility are helping cities solve traffic congestion and reduce emissions. A new report from Navigant Research analyzes the global market for smart urban mobility infrastructure and servi...

Hon Hai Precision Ind. Co. Ltd., the Taiwan-based major EMS (electronics manufacturing services) provider, topped all local counterparts in the number of patent applications in the second quarter of 2015 in Taiwan, with the company's applications submitted during the period focusing mainly on Internet of Things (IoT) and robot-related fields, according to statistics released by the Intellectual P...

Despite recent reports of the decreasing exports out of Taiwan over the past five months straight, the Southern Taiwan Science Park's (STSP) accumulated export value in the first six months hit a same-period record high of NT$221.65 billion (US$7.39 billion), with accumulated first-half revenue in the park expected to challenge a new high of NT$350 billion (US$11.67 billion), according to the STS...