In addition to economics, Gresham’s Law (bad money drives out good) is also applicable to a competitive landscape where the market has comparatively low barriers of entry, while the competition seems to be no-holds-barred, especially when the line set between fine and mediocre quality of products traded has been blurred. From a sensible, pragmatic viewpoint, it is safe to say that the global m...

To most of foreign buyers looking for hand tool innovations, Taiwan Hardware Show (THS), the largest trade fair for such products by size on the island, has become a must-see yearly exhibition, for it gathers a number of Taiwanese hand-tool makers, who mostly have established high profiles in the global market. At the 2016 edition, the tradition continued. With support from Taichung City Gover...

Years ago, as Japanese cars in the 1970s, Taiwan-made exports, as confirmed by a local supplier recently, were often the object of taunts and jibes in movies and real-life, targeted by foreign users as examples of poor quality and design; but such negative stereotyping generally does not apply today to Taiwan-made exports, at least not automotive repair tools. After decades of earnest industry...

Bolstered by consummate production capability and ample practices, Taiwan’s garden tool manufacturers have enjoyed a prominent status in the global market for some years. Some of them even stand taller than most peers because of their strong concentration on R&D driven by market trends. As global economic fluctuations, social changes and technology advancement have gradually changed consumer b...

Dubai, July 25 2016 - With planned developments worth an estimated $123.6 billion, according to MEED, and $68.9 billion government construction budget for 2016, Kuwait’s construction industry offers massive business opportunities. The Big 5 Kuwait 2016, taking place from 25 – 27 September at the Kuwait International Fair, will host over 200 local and international exhibitors across 4,700 sqm of s...

Hand tool manufacturing has been one of Taiwan’s traditional industries with strong presence in the global market for decades, and now is witnessing an ever brighter future, mostly thanks to new applications and upgraded production techniques developed jointly by local manufacturers and R&D institutes to secure sustainable development. In an exclusive interview with CENS, Matt Yang, vice chief...

With aging population increasingly a problem that forces global governments to revive and reform domestic medical systems to ensure sustainable economic and social development, the international market for medical alloys and related products shows great growth potential, and is gradually opening to small and medium-sized players, according to Metal Industries Research & Development Centre (MIRDC)...

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 September, perhaps to cater to local downstream manufacturers who have called for price drops of such materials to remain competitive. CSC announced July 14 that it will cut nominal prices of domestically sold hot-rolled and cold-rolled steels and...

On the payoff of its efforts to continue going upmarket, Chun Yu Works & Co., Ltd., one of Taiwan’s major fastener makers and listed on the Taiwan Stock Exchange, effectively keeps in comparatively fine shape among its local peers amid market changes seen lately. After upbeat performance seen in 2014 through the first half of 2015, Taiwan’s fastener industry has been confronted with growing im...

Living up to Taiwan’s reputation of “Kingdom of Hand Tools” in the world, suppliers of auto repair tools on the island have also earned great compliments for their longtime dedication to capability upgrades in R&D and branding. Unwilling to compromise to overwhelming challenges of rivals in emerging countries and realizing that a fierce global competition in prices may erode their influence in...