UN Fuel Tank Manufacture Co. is a reputable fuel system maker, providing over 1,500 molding(s), fuel tanks, fuel filler pipes, gas tank straps, fuel-sending units, and oil pans for the engine system. The company has acquired the strictest quality certifications for OEM automotive manufacturing and

LC Fuel Tank is a reputable fuel system maker, providing over 1,500 molding(s), fuel tanks, fuel filler pipes, gas tank straps, fuel sending units, and oil pans for the engine system. The company has acquired the strictest quality certifications for OEM automotive manufacturing and has become one o

LC Fuel Tank is a reputable fuel system maker, providing over 1,500 molding(s), fuel tanks, fuel filler pipes, gas tank straps, fuel sending units, and oil pans for the engine system. The company has acquired the strictest quality certifications for OEM automotive manufacturing and has become one o

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 mos

With the U.S. interest rate hike policy remaining unchanged, the Russian-Ukrainian war is showing no signs of stopping, and in addition, the exchange rate of the Japanese Yen and the Korean Won has greatly depreciated; these multiple factors present challenges to Taiwan's machinery industry. Dom

Hardware, fasteners, and hand tools sectors are among the top exporters in Taiwan, delivering quality products to various global markets promptly thanks to their competitive edge of operating under an industry hub model. Managing lead times and delivery expectations have become crucial under dis

According to the Taiwan Association of Machinery Industry’s (TAMI) statistics, the machinery exports performed admirably well despite the evolving global geopolitical situations. Overall, machinery export trends showed that demand exists; however, the issue remains whether the suppliers can deliver

⬛ Chao Ting-yu Throughout 2021, Taiwanese hand tool suppliers were able to maintain business-as-usual operations, leading to export value growth of 27.4%, reaching USD$4.79 billion. The steady performance has continued into 2022. The latest statistics between January to June 2022 continued to sh

⬛ Chao Ting-yu In the past two years, global events like the Ukraine-Russian war have led to raw material shortages and further disrupted the already-fragile global supply chain. This backdrop has cemented the determination of suppliers in the traditional industries based in southern Taiwan to

⬛ Chao Ting-yu Throughout 2021, Taiwanese hand tool suppliers were able to maintain business-as-usual operations, leading to export value growth of 27.4%, reaching USD$4.79 billion. The steady performance has continued into 2022. The latest statistics between January to June 2022 continued to sh

Taiwan’s automotive parts export value in 2021 reached USD$7.98 billion, marking a 14% growth compared to 2020, significantly seen in exports destined for China, Mexico, and Germany, which on average, saw growth of around USD$40 million. These statistics show strong demand in the Chinese and Europe

Global events in recent years have accelerated certain trends but also dealt significant setbacks to the overall advancement of the automotive industry. In an email interview with Industrial Technology Research Institute’s Industry, Science and Technology International Strategy Center (ISTI) Intell

LC Fuel Tank is a reputable fuel system maker, providing over 1,500 molding(s), fuel tanks, fuel filler pipes, gas tank straps, fuel sending units, and oil pans for the engine system. The company has acquired the strictest quality certifications for OEM automotive manufacturing and has become one o

Propelled by the Ukraine-Russian war, gas prices have soared, tightening up consumers’ spending capacity and driving up prices in other areas amid inflation. Earlier this year, automotive brands had been optimistic regarding sales and production would rise with the predictions of parts and chip sho

Taiwan Machinery Association announced on Thursday that the export value of machinery and equipment in May this year was marked at USD$2.88 billion, a decrease of 4.5% month-on-month and 1.1% year-on-year results. This is the first decline after 20 consecutive months of growth. The exports to Chin

Taiwan Machine Tool and Accessory Builders' Association Hsu Wen-hsien said on Monday that prices for international steel, nickel, copper, and other raw materials have soared, coupled with the uncertainty of the Russian-Ukrainian war, domestic machine tool factories' have seen a recent decrease of o

The new regulations on shipping carbon emissions are set to come into effect next year, and with the number of global container ships over 20 years old will reach 8.2%, experts warn there will be a wave of elimination of old ships starting as early as this year. However, the supply and productio

@media screen and (max-width: 768px) {h4:target,h3:target{padding-top:40px;}} Intro North America’s benchmark trade expo National Hardware Show (NHS) kicked off on April 5, 2022 for three days at the Las Vegas Convention Center. Taiwan's hardware and hand tool products are among the nation's mo

Impacted by the rising prices of raw materials for electric vehicle power batteries, in the first quarter of this year, many global new energy vehicle brands, including Tesla, BYD, Weilai, Ideal, and Volkswagen, are forecasted to raise the sales prices of EVs. TrendForce says power batteries are

Taiwan Association of Machinery Industry (TAMI) announced today that the export value of machinery in March was USD$3.157 billion, an increase of 9% compared with USD$2.897 billion in the same period last year. It has grown for 19 consecutive months compared with the same period of the previous yea

The rising COVID-19 cases in Taiwan have prompted technology companies to return to remote working or staggered shifts. TSMC was among the first companies to return to staggered, remote, or off-site working, starting April 2. Taiwan's three biggest telecom companies have also resumed remote wor

The Chung-Hua Institution Economic Research (CIER) released the March manufacturing PMI on Friday, which has expanded for 21 consecutive months, but the index has fallen back to 57.8%. Concerns were expressed that geopolitics will lead to a decline in the outlook index for the next six months; scho

Top market intelligence institution TrendForce reports that the ongoing Russian-Ukrainian war has resulted in challenging situations on both sides of the conflict, reverberating throughout the global car industry as a whole. The institution reports numerous automotive plants are suspending opera

After two years of the COVID-19 pandemic and the world grappling with Russia’s invasion of Ukraine that began on February 24, supply chain disruptions that have derailed many industries are forecasted to continue well into 2022, amid a myriad of trends and problems. In this section, we discuss indu

The Ministry of Economic Affairs said today that in February, the industrial production index was 117.49, with an annual increase of 10.01% due to easing supply chain disruptions and chip shortages. This marks the 25-month consecutive positive growth period, also the second-longest in history.

1. Foxconn MIH Alliance Sees Over Hundreds of Japanese Suppliers Join Foxconn's foray into the electric vehicle industry is seeing big gains, as The Nikkei reported that notable Japanese brands like Toyota, and auto part supplier Denso, which has invested in TSMC's Kumamoto factory project, are

According to survey results released by the Taiwan Machinery Association (TAMI) on March 9, nearly 60 machinery manufacturers have been affected since the war between Russia and Ukraine broke out. The initial estimate of the affected orders amounted to more than USD$6.9 million, or approximately NT

The Russian-Ukrainian war has severely impacted a number of sectors, including the electronics industry. The world's largest automotive wiring harness manufacturer based in Germany, LEONI, has shut down its factories in Ukraine and Russia due to the war, causing a large shortage of automotive wirin

Despite the National Development Council (NDC) announcing a slight drop of the economy's composite index of economic indicators for Taiwan for January on Tuesday, overall signals indicate a strong market and investments performance. The index fell two points from 38 to 36 between December 2021 a

2019 K Show, the leading global trade fair for the plastics and rubber industry, had been held in Düsseldorf on 16-23 October, 2019. There were 3,330 exhibitors from 63 nations proved impressively: plastics continue to be an innovative, indispensable material. But they also unanimously underscored