cens logo

Taiwan Hand Tool Industry Ready for thriving prospect

Sep 20, 2019 | By CENS

All professional Mfg. Co., Ltd. Chairman Huang Sin-der was elected of the 15th Chairman of the Taiwan Hand Tools Industry Association (THTMA).

THTMA which is closely connected to Taiwan's hand tool industry held the 15th General Assembly and the election of the board of directors and Chairman. Huang Sin-der is the 15th Chairman and vice-Chairman is Maxclaw's General Manager Huang Wu-sun. Huang pointed out the hand tool industry in Taiwan has a comprehensive supply chain which is the biggest competitive advantage. The industry has created over NTD$120 billion production value, over four hundred companies and the size of the industry is ranked top ten among 159 industries in Taiwan which is the three major industries in central Taiwan. It not only creates production value but also more job opportunities.

He emphasized the hand tool industry is the only metal manufacturing industry which has been growing for more than 40 years which is not an easy accomplishment. Previously, President Tsai Ing-wen went to Taichung industrial park for inspection while Huang expressed to President Tsai Ing-wen that the hand tool industry has a remarkable 3.8% of growth rate in the second quarter this year. In terms of this, she gave a compliment to Taiwan's industry and promised to attend the general meeting this year.

 President Tsai Ing-wen attended the 15th general meeting of THTMA (photo courtesy of Wu Jing-chang)	
President Tsai Ing-wen attended the 15th general meeting of THTMA (photo courtesy of Wu Jing-chang)
President Tsai Ing-wen pointed out affected by the US-China trade war, it is really impressive when the hand tool industry has such performance. However, the government will stand by the side of the industry. The government has pushed “5+2 Industrial Innovation Program. One of the smart machinery targets on smart production, actively assisting hand tool industry to introduce in smart production, giving the industry a makeover. She also pointed out that this year, with many Taiwanese firms returning, the government has offered many incentives assist firms to find the land and funds, encouraging firms to stay in order to make Taiwan the first-class handtool kingdom.

Huang Sin-der who just elected as Chairman of the Taiwan Hand Tools Industry Association promised that he will make every effort to lead Taiwan to become the birthplace of innovative hand tool, leading hand tool industry to create the maximum value to allow the world to see Taiwan.


Industry Reports

Chunyu and Tycons Gear up for Upcoming Year's Market  </h2>

Chunyu and Tycons Gear up for Upcoming Year's Market

Sep 10, 2019

China Steel Corporation’s bar and rod's price tended to be unchanged. The cost structure of major fastener factory Chunyu, Tycons and Sanshing tended to be stable and poised to gear up next year after going through the low season in the fourth quarter.CSC expressed that they will make the best pricing strategy according to the market condition to assist the exports. Tsai, Tu-chin pointed out t...


Autonomous Vehicles team up with Taiwan's ICT industry
(Photo courtesy of ARTC)

Global Auto Market 2019 Overlook

Sep 05, 2019

A harsh economic situation swept through the global automotive market in 2018, largely due to slowing market demand and political competition among the world’s superpowers, as well as decreasing confidence from consumers, leading to the first decline in five years in the industry. More importantly is how the main markets in China, Europe and North America have already fallen into negative growth....


Tair Wang Enterprise Co., Ltd.</h2><p class='subtitle'>Harley-Davidson motorcycle parts, restoration parts for classic cars, auto parts and accessories, hardware parts and all kinds of high-quality die casting products.</p>

Tair Wang Enterprise Co., Ltd.

Harley-Davidson motorcycle parts, restoration parts for classic cars, auto parts and accessories, hardware parts and all kinds of high-quality die casting products.

Sep 03, 2019

Founded in 1978, Tair Wang Enterprise Co, LTD. is a zinc die-casting manufacturer with ISO 9001 quality certified. With the excellent reputation as a professional OEM manufacturer, Tair Wang has actively expanded its businesses abroad in the past 15 years by providing high-quality products and services for the clients. Currently, Tair Wang provides the parts for the Harley-Davidson motorcycle...

TAIR WANG ENTERPRISE CO., LTD.



Industry In-Focus

Taiwan's First Hand Tools Research and Testing Center Opens in Taichung on May 31(photo taken by Sung Chien-sheng)

Taiwan's First Hand Tools Research and Testing Center Opens in Taichung

Jul 23, 2019

In response to upgrading Taiwan’s hand tools industry and localizing services to the industry chains, China Steel Corporation (CSC), Taiwan Hand Tool Manufacturers' Association (THTMA) , Metal Industries R&D Center (MIRDC), and Corporate Synergy Development Center (CSD) have jointly established the research and testing center for hand tools in Taichung Industrial Park at the opening ceremony on M...


Taiwanese Firms Nabs Redirected Business Amid Trade War</h2>

Taiwanese Firms Nabs Redirected Business Amid Trade War

Jul 15, 2019

The U.S.-China trade war has restructured the global supply chain, giving Taiwanese firms in Southeast Asia the advantage for expanding their production capacity to direct business orders away from China. As the largest fastener supplier in Malaysia, Chin Well Holdings Berhad, the investment holding company mainly focused on domestic sales, and partly exported to Europe. However, under the ten...


Taiwan's Machinery Firms Eye EMO Hannover 2019 - the World's Leading Metalworking Trade Show</h2>

Taiwan's Machinery Firms Eye EMO Hannover 2019 - the World's Leading Metalworking Trade Show

Jul 10, 2019

The biennial EMO Hannover 2019 will debut on September 16 in Hannover, Germany. As one of the world's largest trade fairs, it is considered a must-attend fair for Taiwanese machinery firms primarily focusing on exports. Apart from the registration of individual firms, Taiwan External Trade Development Council (TAITRA) and Taiwan Association of Machinery Industry will both send delegations to exh...



Supplier News

Pneumatic tools Airboss invented attracted buyers attention in exhibitions (photo courtesy of CENS.com)

Airboss air tools co., ltd.,the shortest pneumatic tools attracted attention

Sep 27, 2019

Concentrated on R&D, after-service and production, the Taiwan-based Airboss Air Tool Co., Ltd., a world-caliber supplier of pneumatic tools, which specialized in manufacturing compacted, light-weight, user-friendly pneumatic tools, high safety. The products are made with magnesium alloy and many specialties as lightweight, high precision, high rigidity. They are not only eco-friendly materials a...

AIRBOSS AIR TOOL CO., LTD.


Chunyu and Tycons Gear up for Upcoming Year's Market  </h2>

Chunyu and Tycons Gear up for Upcoming Year's Market

Sep 10, 2019

China Steel Corporation’s bar and rod's price tended to be unchanged. The cost structure of major fastener factory Chunyu, Tycons and Sanshing tended to be stable and poised to gear up next year after going through the low season in the fourth quarter.CSC expressed that they will make the best pricing strategy according to the market condition to assist the exports. Tsai, Tu-chin pointed out t...


Chyuan Chang Industrial Co., Ltd.</h2><p class='subtitle'>Gas tanks, fuel tanks, oil pans, fuel filler neck, gas tanks fitting, straps  </p>

Chyuan Chang Industrial Co., Ltd.

Gas tanks, fuel tanks, oil pans, fuel filler neck, gas tanks fitting, straps

Sep 06, 2019

Chyuan hyuan Chang Industrial Co., Ltd. is a veteran company specializing in developing and manufacturing gas (fuel) tanks and oil pans for virtually all makes and models, as well as large- and medium-sized trucks. The maker’s major products comprise gas (fuel) tanks, oil pans, fuel filler neck, gas tank fitting, straps, etc., all of which, says the maker, are fully made-in-Taiwan to feature the...

CHYUAN CHANG INDUSTRIAL CO., LTD.



Insiders' Views

Hong Kong Lighting Fair(Spring Eidition) Exhibitor TUYA showcases the latest application of Bluetooth mesh.

Latest Bluetooth Tech Updates Geared for Smart Lighting, Cities and Wireless Devices

May 07, 2019

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 ...


2019 Hong Kong Lighting Fair(Spring Eidition)smart lighting prospects look good IoT and artificial intelligence into focus,attracts approximately 21,000 buyers.

HK Int'l Spring Lighting Fair Takes Smart, Eco-Friendly Trends to New Heights

May 07, 2019

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 ...


Megvii Technology Founder and CEO Tang Wenbin

Part 1 Megvii Technology Founder Interview: Face++ AI Facial Recognition sets eye on Asia, starting with Taiwan

Sep 07, 2018

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 ...

FOXCONN TECHNOLOGY



Exhibition Highlights

Grand Opening of AMPA and Power EXPO Myanmar</h2>

Grand Opening of AMPA and Power EXPO Myanmar

Oct 01, 2019

Fasten your seatbelts for the accelerating future of the auto parts aftermarket Yangon, Sept. 26, 2019: The seventh edition of AMPA Myanmar (Myanmar International Auto Parts, Accessories and Motor Show) and POWER EXPO Myanmar (Myanmar International Electrical, Electronics and Electric Power Equipment Fair) were held at Yangon Convention Center, Yangon, September 26-29. The twin shows serve ...


All your auto needs here! – 2020 Taipei AMPA/Autotronics Taipei/Motorcycle Taiwan</h2>

All your auto needs here! – 2020 Taipei AMPA/Autotronics Taipei/Motorcycle Taiwan

Sep 27, 2019

2020 Taipei AMPA/Autotronics Taipei/Motorcycle Taiwan 3-in-1 show will be held on April. 15 – 18, 2020 in Taipei Nangang Exhibition Center Hall 1&2. In 2020, the 3 concurrently held shows will express the power of Taiwan automotive manufacturers’ R&D ability and the latest trend of motorcycle industry. By integrating the 4 key points of the automobile industry’s future trend : Connected, Autonomo...


MIFF 2020 EXHIBITORS GET HEAD START ON NEW ASIA SEASON   </h2>

MIFF 2020 EXHIBITORS GET HEAD START ON NEW ASIA SEASON

Sep 25, 2019

Reinventing lifestyles and smart designs at March 6-9 opener KUALA LUMPUR, Sep 18: Next year’s Malaysian International Furniture Fair (MIFF) is already generating a lot of buzz among exhibitors as they will be the first to showcase their latest products to global buyers when the trade show kicks off the 2020 Asia season. The exciting prospect of getting in front of the competition to im...