Rechi Precision Co., Ltd., Taiwan's largest and world's fourth-largest supplier of compressors for air conditioners by shipment, recently announced building a new factory for NT$3 billion (US$100 million) in Jiujiang, Jiangxi Province of China, to start by the end of 2014. Liu Chin-hsi, presiden

Fair Friend Group recently set up with its local agent in India a 50-50 joint venture, Feeler Cosmos, to make machining centers for the Indian machine-tool market, which is projected to bring in NT$5 billion (US$166.6 million) in revenue by 2020, according to group chairman Jimmy Chu. Having se

Wang Wen-chao, a member of the Group Administrative Office of Formosa Plastics Group (FPG), Taiwan's leading manufacturing conglomerate, recently announced that FPG is planning to set up an automobile assembly plant in Taichung, central Taiwan, to locally produce two light-truck models, the IVECO D

Taiwan's annual flat panel display (FPD) production is expected to grow by 1.6% to 3.1% in 2015, helped by shipments of larger sized panel and efforts by local FPD makers to boost sales of higher-priced and higher-margin products, according to the Industrial Economics & Knowledge Center (IEK) under

The Fair Friend Group (FFG) will launch initial public offering (IPO) in Taiwan in 2017, to be Taiwan’s largest listed machine-tool manufacturing conglomerate by market revenue. With KGI Securities as the IPO underwriter, FFG will set up a holding company by the end of 2014 to operate all subsi

At the 2014 Bio Taiwan Commission (BTC) meeting, the Taiwan Cabinet forecasts that with its policy support the bio-economy in Taiwan could generate annual revenue of about NT$3.18 trillion (US$106 million) by 2020. The Cabinet also announced promoting the development of international long-term h

Ruentex Group of Taiwan, a major construction conglomerate on the island also engaged in healthcare, textile and garment, finance etc., recently said that it has reached consensus with Taiwan's Medigen Biotech Corp. (MBC) to export turnkey vaccine plant. Established in 1999, MBC has gradually gr

Hogin Tech. Industries Co., Ltd. is a veteran developer and manufacturer of various kinds of high-quality rubber parts and related materials. With an abundance of experience, know-how, and expertise in material development and finished-product manufacturing, the company is proud of its ability to o

J.B. Ke, the new president of Kwang Yang Motor Co., Ltd. (KYMCO brand), the largest powered two-wheeler (PTW) manufacturer and exporter in Taiwan, recently claimed that KYMCO aims to produce and sell 1.2 million PTWs globally in 2014, including about 280,000 units in Taiwan. The group also hopes to

At the 2014 Investment Solicitation Convention organized by Taiwan's Ministry of Transportation and Communications recently, the Taiwan International Port Corp. (TIPC), a government-linked operator of commercial ports, signed investment agreements with 10 domestic and foreign firms, to bring in inv

TPV Technology Ltd., a major contract LCD TV assembler headquartered in Taiwan, is expected to ship some 16 million LCD TVs in 2014, while the firm's annual TV-panel procurement from Taiwanese suppliers is estimated to hit about NT$100 billion (US$3.33 billion). In H1, 2014, TPV shipped 7.4

The investment project by Taiwan’s Formosa Plastics Corp., the flagship company of Formosa Plastics Group, and Japan’s Idemitsu Kosan Co., Ltd., a major petroleum refining and chemical company, to set up a joint venture for hydrogenated petroleum resin in Taiwan has just passed the environment impa

Technicians of the Automotive Research & Testing Center (ARTC), a transportation vehicle testing and R&D body in Taiwan, and Shanghai Motor Vehicle Inspection Center (SMVIC), a national-level integrated motor vehicle inspection body in China, met for the second time in Taiwan at a technical forum h

Yulon Group of Taiwan, a major carmaking and sales conglomerate on the island, recently said sales of its own Luxgen U6 crossover in Taiwan and China are promising, according to Yulon chairman Chen Kuo-rong. Yulon launched the U6 crossover in China with its Chinese subsidiary Dongfeng Yulon Moto

Foxconn Technology Co., Ltd., Taiwan’s largest manufacturing conglomerate by revenue, has signed an agreement to form a joint venture with 21Vianet Group, Inc., China’s largest provider of carrier-neutral Internet center services, to tap the global market for Internet data center and cloud infrastr

To keep up with brisk growth, Rechi Precision Co., Ltd., world’s fourth-biggest supplier of compressors for air conditioners by shipment, has stepped up output expansion across Taiwan and China. Recently its board approved an investment of US$20 million in the first-phase construction of a fac

The Lenovo Group Ltd. plans to ship 31.3 million, 34.4 million and 37 million laptop PCs in 2014, 2015, and 2016, respectively, in a bid to solidify its global position in the field, according to its Taiwanese contract suppliers. In 2013 the China-based Lenovo shipped around 31.5 million laptops

By STEVE CHUANG Linking over 4,500 exhibitors to some 140,000 visitors worldwide, the biannual Automechanika Frankfurt was held this year on September 16 to 20. As an important exhibition for the global automotive industry, the event attracted a strong turnout by Taiwanese suppliers seeking to bui

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

Ssupou Enterprise Co., Ltd. has been engaged in the foot pedal switch industry for over 30 years, mainly turning out electric foot pedal switches, hydro-pneumatic foot switches, hydro-pneumatic foot air valve pedals, electric control boxes, and automatic control systems for industrial use. The comp

Global shipments of thin film transistor-liquid crystal display (TFT-LCD) panels for automotive monitors, on both the original equipment (OE) and aftermarket basis, are forecast to increase 30% year-on-year (YoY), reaching 85 million units in 2014, according to NPD DisplaySearch. Demand for auto

King Liu, a Taiwanese bicycle tycoon and chairman of the Giant Manufacturing Co., the world's largest bicycle manufacturer, has been a witness to and driver of the development and transformation of his industry in Taiwan. Today he is very happy that the island's role in the global division-of-labor

Driven by peak-season demand, global shipments of large-sized (larger than 10-inch) thin film transistor-liquid crystal display (TFT-LCD) panels grew 3.6% month-on-month (MoM), or 0.8% year-on-year (YoY), to reach 70.67 million units in August, according to LCD market research firm WitsView Technol

Thanks to strong sales of its own line of Luxgens in Taiwan and China, Yulon Motor Co. registered revenue of NT$9.83 billion (US$327.5 million) in August, up 26% YoY or year-on-year. In the first eight months, Yulon Motor, assembler of Nissans and Luxgens, as well as flagship firm of the Yulon G

Yulon Group, a major automobile manufacturing/sales conglomerate in Taiwan, recently started selling its own Luxgen line of battery electric vehicles (BEVs) in the domestic market. To make the BEV, the M7 EV+, more popularly priced, Yulon directly sells the vehicle and provides battery-leasing serv

The ISO 9001:2000-certified Sloop Spare Parts Mfg. Co., Ltd. founded in 1984, is a veteran manufacturer of a range of high-quality aftermarket (AM) automotive steering & suspension parts, including mainly Tie Rod End, Rack End, Side Rod Assembly, Ball Joint, Center Link, Cross Rod, Stabilizer Link,

V Air, fully-owned by Taiwan-based TransAsia Airways to be Taiwan’s first locally-established low-cost airline, targets Bangkok, Thailand for its maiden flight to take off in either November or December. Tigerair Taiwan, another budget carrier and joint venture between Taiwan’s China Airlines an

AU Optronics Corp. (AUO), a major maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, plans to set up a low temperature poly-silicon (LTPS) TFT factory in Kunshan, Jiangsu Province of China in 2016 to further build capacity for high-resolution and -end smartphone panels

By MICHELLE HSU Since around the beginning of this year, consumers may have noticed reports in newspapers and magazines about a “daylight tubular device” (DTD) which, as its name implies, works on the principle of efficiently collecting natural light in a dome, introducing it into a tube, and en

By MICHELLE HSU The outlook for the international lighting market is bright, and Taiwanese manufacturers are well positioned to take advantage of the rosy prospects. Many of the island's lighting companies with their sights set on the mainland Chinese market, such as the LED lighting manufacture