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.
CPC Corp., reportedly Taiwan's largest petrochem and fossil energy company, recently announced a partnership with local petrochem company Excel Corp. and petrochem logistic firm Uni-Shine Chemical Corp. to produce lubricants and solvents in Vietnam. With total investment of NT$1.58 billion (US$52.6 million), the joint venture is scheduled to kick off mass production by 2017 with annual production...
After reporting record revenues in 2014, the recognized top-two Taiwanese bicycle manufacturers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., are very optimistic about their 2015 operations, with especially strong sales in Europe. Giant, reportedly the world's largest bicycle maker, reported a 10.8 percent revenue growth in 2014, to outstrip NT$60 billion (US$2 billion) for the...
Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., recognized as the top-two bicycle manufacturers in Taiwan, recently announced improved 2014 results. Giant, reportedly the world's largest bicycle maker, had consolidated revenue of NT$4.48 billion (US$149.4 million), up about 19 percent year-on-year (YoY), with 2014 registered group consolidated revenue of NT$60.22 billion (US$2 bil...
Advantech Co., Ltd., reportedly the largest maker of industrial PCs (IPC) in Taiwan, recently said that IPCs have become a key ingredient in the IOT (Internet of Things) and Smart City, with its president Chaney Ho expressing confidence in IPC market growth over the next five years, and a 16 percent corporate revenue growth this year. Ho pointed out the three major growth trends in the IOT era...
Compiled by STEVE CHUANG Amid growing threats as continuous devaluation of Asia’s major currencies against the greenback and intensifying rivalry from Korea, China and other emerging countries, as well as tepid economies in the EU periphery, Taiwan still scored robust international trade figures in 2014. The latest report by the Ministry of Finance (MOF) shows Taiwan’s overall exports amou...
A recent survey indicated that all LCD TV panel makers are increasing sales targets for 2015, based on confidence from strong demand for LCD TV panels, increasing variety of TV models, and aggressiveness of leading brands like Samsung VD, LG Electronics, and Sony, according to DisplaySearch, a leader in display market research and consulting. Peter Su, analyst of DisplaySearch, pointed out th...
Both Taiwan's top-two bicycle manufacturers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., hit record-high revenues in 2014, with Giant Group's consolidated revenue outstripping NT$60 billion (US$2 billion) for the first time in company's history. Giant, recognized as the world's largest bike maker, had revenue of NT$4.48 billion (US$149.4 million) for December, 2014, up 18.9 pe...
The island remains world's No.6 yacht maker in 2015
Feb 02, 2015By STEVE CHUANG If success of Taiwan’s IT (information technology) and electronics manufacturing industries is a consequence of the government’s heavy push at development of the industries, prosperity of the island’s yacht industry must be an industrial miracle, because the luxury goods industry has been faring well in the global market for over 40 years but without a sound domestic market and...
Rechi Precision Co., Ltd., Taiwan's largest and world's fourth-largest supplier of compressors for air conditioners by shipment, recently announced building a new factory for NT$3 billion (US$100 million) in Jiujiang, Jiangxi Province of China, to start by the end of 2014. Liu Chin-hsi, president of Rechi, said his company will try to start up the new facility as early as the end of 2015, whic...
Due to increasing urbanization that breed growing acceptance of electric bicycles for personal transport, worldwide sales of e-bicycles, including throttle-control and pedal-assist models, are expected to grow from 31.7 million in 2014 to 40.3 million by 2023, according to a new report from Navigant Research. While e-bicycles are still an emerging market in North America, where they are largel...
