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.
The Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, has decided to invest NT$4 billion to develop solar power business in the next five years, to make its foray into the sector, a move just confirmed by the chairman Andrew Sung at an investor conference held June 23. According to Sung, the investment includes the installation of solar power panels on roofs of the...
Development of digital tools has been regarded as one of Taiwan’s hand tool industry’s answers to insiders’ concerns over the underselling rivalry in emerging countries. With higher torque precision than traditional mechanical models and calling for advanced electromechanical integration, digital tools, including torque wrenches and screwdrivers, generate better profits, to enable Taiwanese ha...
Dampened by the sagging steel market, caused mainly by China’s supply glut, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, finished 2015 with lackluster performance. According to CSC’s latest financial statement, the firm’s annual consolidated revenue sharply shrank by 22.2 percent year on year (YoY) to NT$285 billion (about US$8.64 billion), with operating prof...
Entering its third year of implementation, the U.S.-Korea FTA (free trade agreement) has, as expected, put increasing pressure on Taiwanese firms relying on exports to the U.S., as reflected by the gradual declines of shares of Taiwan-made goods in the U.S. market, according to the latest U.S.-Korea FTA impact assessment and research report released by the Ministry of Economic Affairs (MOEA). ...
To keep upgrading Taiwan’s metal industry, the Metal Industries Research & Development Centre (MIRDC), a government-funded R&D body on the island, is joining hands with the Institute for Materials Research (IMR) of Tohoku University of Japan on the development of additive manufacturing technology and related metallic materials. In mid-December 2015, the CEO H.C. Fu of MIRDC and Dr. K. Takanash...
With steel prices having begun rallying in China recently to spur market demand, Taiwan-based China Steel Corp., the largest steelmaker by size on the island, expects its orders placed by customers at home and abroad to exceed 2.43 million tonnes for the January-February period. CSC executives indicate that the steel market has actually turned around mainly on the strong rebound of steel price...
Three-day event in Taichung hosts about 400 exhibitors
Nov 12, 2015Ever since the organizers and trade group made the practical decision three years ago to move the show to Taichung, central Taiwan, to be closer to the hub of Taiwan’s manufacturers of hardware products, such as hand tools, plumbing fittings and garden accessories and tools, Taiwan Hardware Show (THS) has continued to effectively build a sound reputation among foreign visitors as the island’s bes...
Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, signed a memorandum of understanding (MOU) with Indonesia-headquartered AG Network, a conglomerate of financial, real estate, civil engineering, telecommunication and media businesses, to jointly explore considerable business opportunities in civil engineering in the emerging country reportedly with the largest Muslim ...
Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island’s largest steelmaker by size, therefore chalked up a 54-percent growth in pretax profits of NT$346 million (approximately US$10.81 million) in August over July, according to the firm’s latest financial statement. Contrasting the phenomenal...
Plumbing hardware and locks provide striking examples of Taiwan's strong presence in the global supply chain
Aug 23, 2015To create comfortable, relaxing and lavish living spaces in homes and gardens, a wide spectrum of instruments, fittings and hardware products are needed; and Taiwan could be the best source of those products, given its high manufacturing reputation and considerable number of well-established local suppliers who have been well recognized by professional buyers worldwide for strong commitment to cu...