Shin Foong Specialty and Applied Materials Co., Ltd, now the world’s 7th biggest nitrile-butadiene rubber (NBR) manufacturer headquartered in Koahsiung City, southern Taiwan, aims to get to the No.6 slot through expanding productivity by 30%. Leveraging the know-how from the Japan-based Mitsui Chemicals, Inc, Shin Foong was dedicated during its early years to manufacturing and supplying styren...

Darfon Electronics Corp, world’s third-largest NB keyboard manufacturer and Apple Macbook keypad supplier, has seen its efforts on the development of E-bike, as the environmentally-friendly bike equipped with Darfon Dynamic Riding Management System (DDRMS) has gained a positive reputation in the Europe market. Su Kai-Chien, Darfon’s chairman, said that although the Information Technology (IT) ...

With the rise of electric cars suppressing the need of such conventional vehicle fuels as gasoline, Organization of the Petroleum Exporting Countries (OPEC) is now facing enormous pressure, as implied by its forecast that 266 million electric vehicles would roam on the roads to account for 12% of total automobiles worldwide by 2025. According to the well-known finance website, Bloomberg New En...

The 2017 Russia-Taiwan Semiconductor Smart Manufacturing and Equipment Technology and Business Matchmaking Event, held at Zelenogard, Moscow, Russia, took place in late June, gaining fruitful results as a platform for Russia-Taiwan business cooperation and bilateral markets development. Memorandum of Understanding Signing Ceremony for PIC of Russian Academy of Science, MIRDC, Optosystems, and ...

A Taiwanese official delegation led by Governor Wei Ming-Gu of Changhua County visited Tesla’s factory in Silicon Valley in late June, actively soliciting investments by the globally prestigious electric vehicle maker in the central administrative region of Taiwan. To lure investments by the carmaker, Changhua County has lots of advantages, including the vehicle-testing ground and advanced eq...

In light of the continuously growing trade worldwide, Taiwan’s GDP growth forecast for 2017 has just been adjusted upward by the Cabinet-level Directorate General of Budget, Accounting and Statistics (DGBAS) from 1.89 percent to 1.92 percent, the highest level in the past three years. At a conference held earlier for the discussion and preliminary review of economic statistics and GDP forecast...

The latest data compiled by Hong Kong Trade Development Council (HKTDC) show that annual trade between Taiwan and Hong Kong in 2016 amounted to nearly US$47 billion, up 8 percent yearly, making the former outstrip Japan as the latter’s third-largest trade partner the first time in the two decades. Also notable is that among Hong Kong’s top five trade partners, Taiwan scored the strongest growt...

Jumping three notches to the No.11 spot in global rankings of economic freedom for 2017, Taiwan has reached its highest level in such annual indexes released by the Heritage Foundation, a think tank based in Washington D.C. The Index of Economic Freedom for 2017 involves 180 countries, with each’s economic freedom being measured by 12 qualitative and quantitative factors grouped into four majo...

Thanks to seasonal factors, Taiwan’s unemployment rate for November, 2016 dropped by 0.04 of a percentage point to 3.87 percent compared to a year ago, continuing improving for the third consecutive month, according to the latest report issued by Directorate General of Budget, Accounting and Statistics (DGBAS) under the Cabinet. In the month, the number of unemployed people in Taiwan decreased...

With the Taiwanese government intending to develop homegrown military weapons to reduce dependence on outsourcing and nourish the domestic defense industry, CSBC Corp., Taiwan, a government-linked shipbuilding company, has just won a government tender valued roughly at NT$2.6 billion for the development of submarines. President F.L. Chen of CSBC noted that completing the tender requires consid...