News

2018-09-10

Victor Taichung sees 70% of orders for customized machine tools

  Taiwan-based machine maker Victor Taichung Machinery Works has coped with waning competitiveness in prices for the export markets by offering customized manufacturing services to create […]
2018-09-10

Tsai vows to build Taichung into global smart machinery hub

  President Tsai Ing-wen (蔡英文) said Friday that the government is determined to build Taichung City into a smart machinery manufacturing hub in the world. Speaking […]
2018-08-10

Taiwan: Revising currency and GDP forecasts on trade war worries

Taiwan’s industrial production surprised on the downside on both a monthly and yearly basis. This could suggest that manufacturers are cautious about maintaining inventory during a […]
2018-08-10

Taiwan exports for July show almost 5% year-on-year rise

Taipei, Aug. 7 (CNA) Taiwan’s exports grew almost 5 percent in July from a year earlier amid rising demand worldwide as the global economy continued its […]
2018-08-10

Taiwan wafer industry to benefit from U.S. tariffs on China: MOEA

Taipei, Aug. 9 (CNA) Taiwan’s semiconductor industry is likely to benefit from the second set of tariffs imposed by the United States on Chinese products, a […]
2018-08-09

Taiwan looks to tap into Philippines’ manufacturing potential

The Taiwan External Trade Development Council (TAITRA) on Friday said it will lead a group of Taiwanese exhibitors to a smart machinery exhibition in the Philippines, […]
2018-08-09

FISME taking business delegation to Taiwan for world’s leading plastic and rubber exhibition

[one_half] The Federation of Indian Micro and Small & Medium Enterprises (FISME) is taking a business delegation to Taiwan for the 16th Edition of TAIPEI PLAS […]
2018-08-03

Taiwan’s Machine Tool Industry on the way towards the Smartification

TAICHUNG, Taiwan–(BUSINESS WIRE)–Due to the unstoppable trend of Global Industry 4.0, most leading Taiwan machine tool builders have stepped into the field of smart machinery, making single […]
2018-08-03

Textile, food processing “key” to Myanmar-Taiwan trade

  SEEKING to build on the rapid growth in trade between Taipei and Myanmar, industry bodies from the two sides have signed two memoranda of understanding […]
2018-08-03

Rockwell Automation to boost smart manufacturing in Taiwan

US-based Rockwell Automation will build a smart manufacturing demonstration base in Taiwan and cooperate with Industrial College under government-sponsored Industrial Technology Research Institute (ITRI) to train […]
2018-07-31

Lockheed Martin engages with Taiwan on titanium technologies

Lockheed Martin is supporting the advancement of Taiwan’s aerospace and defence (A&D) industry through a programme to support the indigenous development and production of titanium, the […]
2018-07-20

Hiwin June revenues hit record

Mechanical motion control component and industrial robot maker Hiwin Technologies has reported consolidated revenues of NT$2.702 billion (US$88.8 million) for June, hitting monthly record for the […]
2018-07-19

Leading machine tool makers post solid sales

Bolstered by robust demand, leading machine tool makers Tongtai Machine and Tool Co (東台精機) and Goodway Machine Corp (程泰機械) reported double-digit annual revenue growth in the […]
2018-07-19

President chain opens second unmanned convenience store

President Chain Store Corporation (PCSC), the largest convenience store chain in Taiwan, opened its second unstaffed store in Taipei Monday, eying the tremendous profit potential of […]
2018-07-19

Taiwan is the World’s Fourth-Largest Exporter of Machine Tools

Gardner Research published its rankings for the top machine tool producers, importers, and exporters in 2017 by country in its latest issue. With the rising demand […]
2018-07-19

Taiwan vows efforts to turn IoT into next NT$1 trillion industry

While machinery production has become Taiwan’s third industry with annual production value of over NT$1 trillion (US$32.67 billion) in 2017 after going smart, the IoT (Internet […]
2018-07-03

Taiwan economy flashes green light for 4th straight month in May

Taipei, June 27 (CNA) The local economy flashed a green light indicating steady growth for the fourth consecutive month in May, partly on the back of […]
2018-07-03

Taiwan’s machinery industry aims for NT$2 trillion output value

The production value of Taiwan’s machinery industry is expected to grow by 5 percent to 10 percent this year, according to Chairman Alex Ko (柯拔希) of […]