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.
he Taiwan Machine Tool & Parts Association held a joint meeting of supervisors and supervisors . The meeting was optimistic about the outlook for the machine tool and component industry next year. The joint board of supervisors and supervisors was chaired by Chairman Xu Wenxian. Industry representatives at the meeting believed that the global supply chain migration in 2020 was roughly finalize...
Terminated even 13 black! The Ministry of Economic Affairs announced today (20) that the export order value of December last year was 43.78 billion U.S. dollars, an annual increase of 0.9%, in line with expectations. However, the total export orders for 2019 remained negative, with a cumulative amount of US $ 484.56 billion, an annual decrease of 5.3%. The Statistics Department of the Ministry...
Chunyu (2012), a major screw and wire factory, started to expand its production lines at home and abroad. It is expected that the financial contribution of the Year of the Rat will increase significantly. Chairman Lin Huizheng is confident in the operation of the Year of the Rat. Spring rain can enter the initial harvest period in the new year, and future development prospects are attracting atte...
The Taiwan Machinery Association announced yesterday (7) the statistics of Taiwan ’s machine tool exports last year. Affected by the US-China trade war, the value of machine tool exports last year was 3.06 billion US dollars, a 16.2% decline from 2018 and the decline since the global financial tsunami in 2009. The biggest one. Looking forward to this year, Kobahi, Chairman of the Taiwan Machin...
South Korea may have been hit the hardest among major economies by the protracted trade dispute between the United States and China due to its high dependence on exports to the countries, a report said Tuesday.The U.S. and China are the world's largest importers of South Korean products with shipments to China accounting for more than one-quarter of South Korea's overall exports last year, accord...
Donald Trump will reimpose tariffs on imports of steel and aluminium from Brazil and Argentina after accusing the countries of a “massive devaluation” of their currencies that hurt US farmers. The move — which was announced by Mr Trump on Twitter on Monday — sharply escalates trade tensions with the two struggling Latin American economies as they build closer ties with China.The announcement ...
The Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, has decided to cut nominal prices of domestically sold steels for next year, perhaps to cater to local downstream manufacturers who have called for price drops of such materials to remain competitive. Despite CSC’s price cut for next year, institutional investors point out that overall steel prices still remain ...
Taiwan Hardware Show 2019 (THS）served as the best business platform for the hardware industry in Taiwan, netting tremendous business opportunities for participants during its three-day run from October 17 to 19 in Taichung.With over 430 exhibitors using over 1000 booths, it created a record high this year. Huang Hsin-te, chairman of Taiwan Hand Tool Manufacturers’ Association said Taiwan is a...
In response to upgrading Taiwan’s hand tools industry and localizing services to the industry chains, China Steel Corporation (CSC), Taiwan Hand Tool Manufacturers' Association (THTMA) , Metal Industries R&D Center (MIRDC), and Corporate Synergy Development Center (CSD) have jointly established the research and testing center for hand tools in Taichung Industrial Park at the opening ceremony on M...
The U.S.-China trade war has restructured the global supply chain, giving Taiwanese firms in Southeast Asia the advantage for expanding their production capacity to direct business orders away from China. As the largest fastener supplier in Malaysia, Chin Well Holdings Berhad, the investment holding company mainly focused on domestic sales, and partly exported to Europe. However, under the ten...
