Taiwan, the third-largest manufacturing country globally, boasts an annual production value surpassing US$4 billion. This remarkable output is generated by over 2,300 hand tools manufacturers on the island, and it holds the prestigious position as the world's leading OEM for middle and high-end hand tools. Since the 1970s, the Taiwanese hand tools industry emerged out of the need for maintenan...

To address the challenges posed by global inflation and the repercussions of the Russo-Ukrainian War, the International Trade Administration, Ministry of Economic Affairs (MOEA), has commissioned the Taiwan External Trade Development Council (TAITRA) to orchestrate collaborative efforts within the precision components, hand tools, and hardware sectors. The objective is to enhance overseas marketi...

Zimmer Group, a world-caliber robot maker from Germany and enjoying a high profile with its advanced automation technology, has launched its newly developed "MATCH" series, a multifunctional robotic end-of-arm platform, with an intent to continue to lead the industry. The "MATCH" series can be incorporated with various mechanical gripper jaws produced by Zimmer Group, and is applicable to rob...

■Stephanie Chao The National Hardware Show 2023 (NHS) will see over a dozen of quality Taiwanese suppliers exhibiting at the Las Vegas Convention Center (LVCC), led by Economic Daily News (CENS) exhibiting at Booth No. SL10178. With trade shows carrying on after the economic slowdown since COVID-19 and industries reinvigorated by strong interest in recalibrating and rebuilding business connect...

■Stephanie Chao The hand tools and hardware industries, like many other areas, are pressured to remain competitive as large-scale trends like digitalization and increasing awareness of carbon impact among customers have grown over the years. Other trends that signal, along with many others, are here to stay, and will shape the market in the future as these trends have matured over the years. ...

■Stephanie Chao As the third largest hand tools exporter in the world, Taiwan’s total hand tool exports value reflected the surge in demand in 2021, with the overall figures steadily reaching USD$4.79 billion, a significant increase of 27.4% compared to 2020 and breaking the historical value on the record as the economy had rebounded and metals had seen a considerable price hike. Growth statis...

Coronavirus lockdowns and travel restrictions around the world have generally lifted this year, prompting a flurry of activity as suppliers and buyers alike seek to take advantage of the resurgence of demand, as well as changed market landscape in the post-pandemic world. Taiwan’s hand tools industry sits on the cusp of change, as many seek to find opportunities to reinvent business operations an...

Professional trade shows in the hand tools and hardware sectors have endured the past over two years of cancellations caused by COVID-19, and with travel restrictions easing up for the latter half of 2022 and this year, more events are gearing up for a resurgence of demand. As observed among most buyers and exhibitors’ in the past two years in Taiwan, as well as from trade expo organizers abro...

The hand tools and hardware industries, like many other areas, are pressured to remain competitive as large-scale trends like digitalization and increasing awareness of carbon impact among customers have grown over the years. Other trends that signal, along with many others, are here to stay, and will shape the market in the future as these trends have matured over the years. Added-Valued Mark...

As the Automotive Aftermarket Products Expo (AAPEX) opened on Nov. 1 and sought to move beyond the impacts brought on by the COVID-19 pandemic, the show saw around 1,400 exhibitors using a total of 2,500 booths and traveling from all over the world to attend, making it one of the largest professional trade shows to open this year. Economic Daily News and the media group’s business division CEN...