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.
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...
The Taiwan-based Delta Electronics Inc., a globally leading supplier of switching power supplies and thermal management solutions, and Pan German Motor Ltd., the official agent of BMW vehicles on the island, have decided to jointly establish EV (electric vehicle) charging infrastructure in Taipei, capital of Taiwan. Delta confirmed earlier the new cooperation project with Pan German, stating t...
A joint venture founded by five Taiwanese companies from different industries, AMIT is set to help boost the development of intelligent motors and the electrical engineering industry in Taiwan. The five founding companies of AMIT are Taya Group, a conglomerate of electric wire and cable businesses; Mobiletron, a major supplier of spare parts for engine management and vehicle safety system prod...
To help local fastener makers cope with intensifying rivalry from Chinese underselling competitors over the global market, the Taiwanese government recently announced the so-called “NICE” program, to invest over NT$300 million (US$9.52 million) to further upgrade the industry in the years to come. Deputy Director-General Leu Jang-hwa of Industrial Development Bureau under Ministry of Economic ...
With a history of more than half a century, fastener production is today one of Taiwan’s most globally competitive industries in the southern region. This achievement is attributable to insiders’ efforts on moving forwards high value-added fasteners for higher-end applications, including cars, aircrafts, medical supplies and implants, wind turbines, and many others, hence seeing a gradual uptrend...
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...
The Netherlands-based Lightweight Containers is opening a new production plant in Grossbreitenbach, Germany. The fully automated production line has a capacity of 400 KeyKeg® Slimlines per hour and will be operational in the third quarter of this year. The line can produce all the members of the KeyKeg® Slimline family of kegs. PET-Verpackungen Deutschland is the production partner and will manag...
To help Taiwanese machine tool suppliers better compete against rivals from Europe and Japan in the global market, the Metal Industries Research & Development Centre (MIRDC), a government-funded R&D institute, has just finished constructing a grey cast iron FC250 prosperities database for insiders to improve turret’s dimensional precision and lifespan. MIRDC is inspired to take on the job main...
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...
