In 2017, the value of Taiwan machinery first surpassed the NT$1 trillion mark at NT$1.1 trillion. The export value of Taiwan’s machinery industry in 2018 amounted to US$27 .4 billion, exporting towards the island’s top three destinations: China, the U.S, and Japan. On the other hand, the production value reached a record high of NT$1.18 trillion, representing a 7.3%. This year, the Taiwan Assoc...

Dingfanpo in Changhua County of Central Taiwan is a globally well-known town, roughly 6 square kilometers, yet creating over 60 billion value, and raising many generations of locals. Under the impact of globalization, the labor-intensive plumbing industry began to move its factories overseas. Left behind are the second-generation of children who were raised under the glory days of the plumbing bu...

China Steel Corporation (CSC) plans to significantly reform their pricing policy, according to CSC Chairman Wong Chao-tung on May 22. Wong said the new policy is a response to capricious global economic and political trends, saying that CSC prices should be timelier and allow enough flexibility to quickly meet market changes. Set to come into effect next year, CSC plans to announce steel p...

With the trade war between the U.S. and China escalating, Taiwan Institute of Economic Research (TIER) has sounded the alarm as forecasts for both manufacturing and service indexes tumbled. The think tank warned that Taiwan’s business climate will likely see a sudden down drop and urged increased awareness of the potential impact of the trade war would have on Taiwan’s exports. The think tank ...

The upcoming Taiwan International Fastener Show 2018, scheduled from April 10 through 12 at Kaohsiung Exhibition Center in Taiwan’s southern metropolis of Kaohsiung, will host 415 exhibitors with 1,107 booths and 2,000 overseas buyers from 75 countries, to not just retain its reputation as Asia’s second- and the world’s third-largest fastener exhibition, but continue to lead the way for Taiwan’s ...

Founded in 1955, ND Industries is a globally known fastener manufacturer headquartered in the U.S. Bolstered by its cutting-edge manufacturing process, the firm has effectively served many global customers, and successfully taps the supply chain Tesla, the world’s electric vehicle (EV) manufacturer, with its anti-loose coating technology. Excelling at applied technology of materials, ND is cap...

Mainly thanks to strong demands from all over the world, total export value and volume of Taiwan’s fasteners both achieved record highs in 2017, an achievement by the industry, which is considered likely to ensure local insiders a promising start this year, or even for a longer period of time. Market insiders noted that Taiwan’s overall production of fasteners, which are mostly exported to oth...

Mainly on strong demands from service sectors, Japan's core machinery orders have continuously surged, and hit a 10-year zenith in November, 2017, showing that the Japanese government's efforts on encouraging local enterprises to invest in capital expenditures have gradually paid off. Japan's Cabinet Office, an agency of the Cabinet of Japan, which is responsible for handling the day-to-day af...

Located in Gangshan, an administrative district of Taiwan’s southern metropolis of Kaohsiung, where a large number of Taiwanese fastener makers cluster, Shin Chun Enterprise Co., Ltd. started out by supplying fasteners of standardized sizes and mostly for construction, and is today a professional auto screw manufacturer in the global market. In the face of an increasingly competitive landscape...

At a year-end banquet held earlier, Kosky Yen, chairman of Linkwell Industry Co., Ltd., a high-profile maker of fasteners and headquartered in Taipei, northern Taiwan, hailed Linkwell’s continued growth achieved in the past four decades, and implied that the company will continue to build such growth momentum in the next four decades. The year-end banquet was held in the evening of January 5 i...