Chairman Edward Yang of the Goodway Group, mainly composed of Goodway Machine Corp. and AWEA Mechantronic Co., Ltd., feels that the signs pointing to a recovery in Taiwan’s machine-tool industry should arrive in the second quarter of 2016 on grounds that buyers would need huge supply to replenish l

The flat panel display (FPD) industry underwent a drastic change in 2015, starting from strong demand early in the year, undergoing weakening demand from various types of personal computer (PC) and consumer electronics applications, to the steadily falling panel prices--resulting in each 40-inch pa

Realtek Semiconductor Corp. of Taiwan, an IC design company, reportedly has tapped into German automaker BMW's supply chain with shipment of IP cameras for reverse-parking fisheye camera system. The Taiwanese company refused to comment on specific information related to the customer, but stresse

Global shipments of large-sized thin film transistor-liquid crystal display (TFT-LCD) panels (7-inches and above) for the entire 2015 are forecast to reach 794 million units, a 4.1 percent year-on-year (YoY) drop and the first-ever annual shipment decline in the TFT-LCD panel industry, according to

Ever since the organizers and trade group made the practical decision three years ago to move the show to Taichung, central Taiwan, to be closer to the hub of Taiwan’s manufacturers of hardware products, such as hand tools, plumbing fittings and garden accessories and tools, Taiwan Hardware Show (T

As many high-end equipment seen earlier only on luxury cars gradually become standard equipment on many makes and models, coupled with different nations' compulsory safety regulations or consumer preference, Advanced Driving Assistant System (ADAS) is becoming one of the most requested equipment am

Global sales of new cars in the first six months increased only 0.5 percent year-on-year (YoY) to 43.7 million units, according to statistics compiled by Wards Auto, a dedicated automotive website. Though the overall volume is quite similar to last year's, detailed analysis shows ups and downs a

Founded in 1971 to supply hand tools, forged mechanical blank parts and forging services, Guan Yu Industrial Co., Ltd. is one of the most experienced and well-equipped players in Taiwan specializing in precision closed-die forging manufacturing. To meet increasing demand for forged auto and moto

CNC-Takang Co., Ltd., established in 1994, has ample expertise in development and production of heavy-duty/high-torque/full-power-output CNC lathes and vertical/horizontal/double-column machining centers. The maker mainly offers conventional lathes, CNC lathes (flat & slant bed), double spindle

Lico Machinery Co., Ltd., established in 1978 by its president Ray Cheng, is a maker of cam-operated single-spindle automatic lathes and technical CNC turning centers, which are adopted by aviation, vehicle, ITC, plumbing fitting, and optical instrument sectors. Headquartered in Shenkang Dist. o

Impacted by steadily shrinking exports and local economy battered by a slowing Chinese economy, recent upheavals in the Chinese stock market, dropping oil and commodity prices, Taiwan’s industrial production index (IPI) continuously dropped by 1.35 percent year-on-year (YoY) to 106.42 in June, albe

At this year’s ChinaPlas (the 29th International Exhibition on Plastics and Rubber Industries), held May 20-23 in the China Import & Export Fair Complex in Guangzhou, southeastern China, over 3,200 exhibitors from 39 countries together showcased a full spectrum of products and services applicable t

Compiled by STEVE CHUANG Just as the plastics industry gave birth to one of the pioneering industrial giants in Taiwan, the sector is proving to be a driving force in China, with advanced plastic technologies and machinery displayed at the ChinaPlas 2015 (29th International Exhibition on Plastic

Alongside the stagnant demand of information technology (IT) and consumer-electronic products, global shipments of large-sized (larger than 10-inch) is forecast to decline by 0.8 percent in 2015 to about 851 million units, according to IDC Taiwan. In the first quarter of 2015, worldwide shipment

A total of 34,478 new cars were sold in Taiwan during May, down 6.1 percent year-on-year (YoY) and a minor 0.5 percent month-on-month (MoM) drop, according to statistics compiled by the Ministry of Transportation and Communications (MOTC). Industry experts attribute such drops to May being the mont

Impacted by the typical wave of Taiwanese employees looking for greener pastures after the Chinese New Year break, Taiwan’s unemployment rate in March inched up to 3.72 percent from 3.69 percent as seen in February, but still hitting a 15-year nadir for the month, according to the latest report iss

Known in the industry for steadfast devotion to R&D, Dees Hydraulic Industrial Co., Ltd., a globally leading hydraulic press supplier headquartered in New Taipei City, northern Taiwan, has just completed development of its newest closed-loop hydraulic servo-controlled die- spotting press to address

Global buyers and media descended on EICMA to see the latest and greatest from the powered two-wheeler (PTW) industry during the annual show's 2014 run from November 4 to 9 in Milan, Italy The show brought together all of the PTW majors at a 280,000-square-meter venue with both outside and insid

Lico Machinery Co., Ltd., established in 1978 by its president Ray Cheng, is a maker of cam-operated single-spindle automatic lathes and technical CNC turning centers, which are adopted by aviation, vehicle, ITC, plumbing fitting, and optical instrument sectors. Headquartered in Shenkang Dist.

CNC-TAKANG Co., Ltd., established in 1994, has ample expertise in development and production of heavy-duty/high-torque/full-power-output CNC lathes and vertical/horizontal/double-column machining centers. The maker mainly offers conventional lathes, CNC lathes (flat & slant bed), double spindle

Compiled by KEN LIU While some furniture makers in Taiwan have caught some global buyers' attention for being able to supply ergonomic OA (office automation) and residential furnishings, the majority continue to take a backseat to high-profile, branded makers in the West, who traditionally have

CNC-TAKANG Co., Ltd., established in 1994, has ample expertise in development and production of heavy-duty/high-torque/full-power-output CNC lathes and vertical/horizontal/double-column machining centers. The maker mainly offers conventional lathes, CNC lathes (flat & slant bed), double spindle

Steady sales globally of iPhone 6 have reportedly benefited Taiwanese manufacturers of electronic parts and components, resulting in Taiwan’s industrial production index (IPI) reaching 107.47 in November, the highest-for the month in history to have risen 6.86% over last November, according the l

Headquartered in Taiwan’s central city of Taichung, Contong Hardware Enterprise Co., Ltd. supplies OA furniture parts and accessories backed by ample know-how of plastic injection molding and R&D capacity. The KS-01B Under-Desk Plastic Pencil Drawer is Contong’s innovation and manufacturing te

By STEVE CHUANG The Japan International Machine Tool Fair (JIMTOF) 2014 was held on October 30 through November 4 at the Tokyo Bight Sight (Tokyo International Exhibition Center). Considered one of the largest and most important trade fairs in the global machine tool industry, the event drew mor

With the recent OPEC decision not to cut production that further reduced crude oil prices to a new 4-year low as well as other factors, China Airlines, Taiwan’s largest by fleet size, has gradually cut its net loss to target a profitable 2014. For the first nine months of the year, the company

Taiwanese machine-tool makers Fair Friend Enterprise Group, Goodway Machine Corp., and Hiwin Technologies Corp. have decided to acquire Japanese machine-tool makers in a move widely seen as an attempt to convert the threat of the weak yen into an opportunity. The yen's value plummeted to a six-y

Scheduled for March 28 – April 1, 2015, the 11-year old event will continue to be held alongside the China International Furniture Fair, but with Hall 12.1 of the Pazhou Complex to also open to boost the total venue to 140,000 square meters and to likely host over 1,200 exhibitors and over 62,000

By JENNY WU China is the world’s largest furniture manufacturer, accounting for 25% of total global output, and in 2006 became the world's No. 1 furniture exporter. It is now also the world's biggest furniture market, with estimated market value of about 500 billion RMB (approximately US$83.3 bi

By STEVE CHUANG Renowned as Asia’s largest, most important trade fair for plastics and rubber industries, the Taipei International Plastics & Rubber Industry Show (Taipei Plas) continued to live up to its reputation this year by attracting a record number of exhibitors who showed state-of-the-ar