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...

For Taiwan’s machine tool industry, it is the best of times, it is the worst of times, it is the age of challenge, and it is the age of opportunity. Few would think that Taiwan’s machine tool industry is facing an increasingly competitive and challenging landscape in a post-Covid era. From another point of view, most would also agree that the saying from crisis comes opportunity holds true, fo...

Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...

The COVID-19 pandemic has accelerated the industries' timeline for implementing digital transformation. However, the how's and what's of applying new technologies and improving the added value to existing products and services can be daunting. Three professors from the National Taiwan University College of Electrical Engineering and Computer Science founded the startup company "OmniEyes," basi...

■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...

Paul Master Auto Parts Co. is a professional manufacturer of chassis and engine parts for passenger cars, trucks, and industrial trucks (including forklifts) with about 40 years of experience. The company is currently expanding worldwide marketplace, which gains support from global buyers. General Manager Terry Liang said the company has its own professional design department, which provides ...

Founded in 1998, Bluetooth Special Interest Group (SIG) is a non-profit trade association that oversees Bluetooth® technology. As it supports more than 34,000 member companies, the Bluetooth SIG promotes collaboration among its members to create new and enhanced specifications, extend technology, drive global interoperability through world-class product certification programs, and develop brands ...

The 11th Hong Kong International Spring Lighting Fair, hosted by the Hong Kong Trade Development Council, was held at the Hong Kong Convention and Exhibition Centre from April 6 to 9. This year's Spring Light Show attracted more than 1,430 exhibitors from 9 countries and regions to provide a convenient procurement platform for exhibitors and buyers, attracting approximately 21,000 buyers from ...

Using facial recognition to remove security checks and recognizing criminals sounds like technological applications out of a movie, though much of it is already implemented in everyday life. Having been founded for only seven years, Megvii Technology Limited, or more commonly known for its facial recognition and AI application Face++, owns critical technology by combining both, and now, recently ...

Tang Wenbin, founder and CEO of Megvii Technology, will be visiting Taiwan next week, but accepted an overseas interview with Economic Daily News on Sept. 6. This is the second installment of the interview. Aiming for a complete application; forming a city’s “brain” Q: What are the goals and strategy for the next phase? A: When the company first started off, we had to find a way to impl...