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Industry Reports

A photo depicting hand tools. (Photo courtesy of CENS)

What the hand tools sector can do to bridge the digital gap

Aug 02, 2022

⬛ Chao Ting-yu In an interview with an industry analyst from the Industrial Technology Research Institute (ITRI), published in the 2022 edition of Taiwan Hand Tools, we discussed the overall AI trends in Taiwan’s industries. This brief excerpt discusses how Taiwan’s hand tools sector (and the majority of industries here) is really built on SMEs, yet there are significant challenges, such as im...


Tight-knit hand tool hub in Taiwan is an attractive feature for international buyers. (Photo courtesy of CENS)

Taiwan's hand tools and hardware sectors brace for H2 2022

Aug 02, 2022

⬛ 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 show a steady growth: Taiwan's hardware and hand tools exports amounted to USD$2.44 billion, with an a...


Automation and digital transformation have crucial roles to play in traditional sectors. (Photo courtesy of CENS)

How can suppliers bolster resilience against future technology advancements?

Aug 02, 2022

⬛ Chao Ting-yu The roles automation and AI play for traditional sectors can alleviate the pressure of hiring and talent retention. In the future, companies will have more difficulties hiring production line operators, maintaining operation quality, and limiting their operational capacity, as the workforce retires, and younger talents are less likely to work in these sectors due to poor working...



Industry In-Focus

Economic Daily News (CENS) publication team at the 2018 IHF helps a buyer fill out a business matchmaking form. (Photo courtesy of CENS)

Taiwanese manufacturers seek new partnerships at IHF

Aug 02, 2022

⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibiti...


US, Europe, Japan-focused supply of EV SiC and GaN on tight demand: III</h2>

US, Europe, Japan-focused supply of EV SiC and GaN on tight demand: III

Jul 06, 2022

Institute for Information Institute's (III) MIC estimates that the global electric vehicle scale will reach 9.221 million units this year, with an annual growth rate of more than 48%. The supply of key components like third-generation semiconductors silicon carbide (SiC) and gallium nitride (GaN) is tight, and the delivery time is still at a high of 42 weeks. Above, the SiC supply chain is still ...


EVs introduce huge increase of electricity in next decade: Is Taipower ready? </h2>

EVs introduce huge increase of electricity in next decade: Is Taipower ready?

Jul 05, 2022

The era of electric vehicles has arrived; according to the 2050 net-zero emission road map of the National Development Council, 30% of newly sold vehicles will be EV in 2030, and the proportion will increase to 60% in 2035. In 2040, 100% of newly sold cars will be electric vehicles. In the next 20 years, the policy will strongly promote electric vehicles on the road. However, the biggest concerns...



Supplier News

Stand Tools is offering new magnetic telescoping pick-up tools that can attract and release metallic dust and materials. (Photo courtesy of Stand Tools)

Magnetic tool expert Stand Tools releases new product for Japan and EU markets

Aug 02, 2022

⬛ Ralph Yang Stand Tools, based in Taichung, has cemented its role as Taiwan’s top supplier of magnetic tools and digital torque wrenches through long-term investment in R&D capabilities and prioritizing the well-being of the company employees. The company released new magnetic pick-up tools at the end of 2021, aimed for the Japanese and European markets due to their stringent standards for ...


  HPMJ emergency car starter gets CE certified for safe usage</h2>

HPMJ emergency car starter gets CE certified for safe usage

Jul 22, 2022

HPMJ Co., Ltd. professionally produces emergency car starters and has developed high-powered lead vehicle starters that are non-leak acid battery designs, able to withstand DC 12V/14AH charging specifications. The company's featured innovative design of the battery shell makes for better bearing current capacity and reduces the chances of product failure. HPMJ's jump starters are compatible with ...

HPMJ CO., LTD.


Johnwayne Supplies Quality OEM, AM Auto and Motor Parts</h2>

Johnwayne Supplies Quality OEM, AM Auto and Motor Parts

Jul 22, 2022

Founded in 1987, Johnwayne Industries Co., Ltd. is a major trading company in Taiwan specializing in supplying a comprehensive range of auto and motorcycle parts and services for customers, suppliers and end users. Under the guiding principle of "trustworthiness, mutual-assistance, and appreciation," Johnwayne is dedicated to providing highly professional and flexible services to meet the diff...

JOHNWAYNE INDUSTRIES CO., LTD.



Insiders' Views

Nan Hoang Traffic Instrument Co., Ltd.</h2><p class='subtitle'>Taiwan First brakes Technology Co., Ltd. </p>

Nan Hoang Traffic Instrument Co., Ltd.

Taiwan First brakes Technology Co., Ltd.

Mar 04, 2021

Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...

NAN HOANG TRAFFIC INSTRUMENT CO., LTD.


OmniEyes CEO and Co-Founder Chun-Ting Chou. (Photo courtesy of OmniEyes)

OmniEyes' AI Technology Paves the Way for Traditional Industries' Digital Transition

Dec 15, 2020

The COVID-19 pandemic has accelerated the industries' timeline for implementing digital transformation. However, the how's and what's of applying new technologies and improving the added value to existing products and services can be daunting. Three professors from the National Taiwan University College of Electrical Engineering and Computer Science founded the startup company "OmniEyes," basi...


Caption: Pictured from front row, third right, Changhua County Government Economic Affairs Department Director Liu Yu-ping, County Magistrate Wang Huei-mei, Secretary Chen Bo-tsun pose in front of the exhibition booth. (Photo provided by CHCIA)

Changhua County Government Shores up Biz-Matching to Global Buyers

Nov 18, 2019

■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...



Exhibition Highlights

Photo credit: MIFF

MIFF 2022 SETS A STRONG FOUNDATION FOR NEXT SHOW 1-4 MARCH 2023 THUMBS UP FROM EXHIBITORS AND BUYERS

Aug 09, 2022

KUALA LUMPUR, AUGUST 2: Malaysian International Furniture Fair (MIFF) 2022 the first industry event to open in person in Asia this year, concluded on a high note with praises from exhibitors and buyers for the busy business atmosphere throughout the special edition show from July 6 to 9. A total of 10,017 buyers from 94 countries and regions crowded the booths of 192 exhibitors from 11 countries...


Economic Daily News (CENS) publication team at the 2018 IHF helps a buyer fill out a business matchmaking form. (Photo courtesy of CENS)

Taiwanese manufacturers seek new partnerships at IHF

Aug 02, 2022

⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibiti...


Taiwanese suppliers score as Vietnam's textile industry sees an upturn  </h2>

Taiwanese suppliers score as Vietnam's textile industry sees an upturn

Aug 02, 2022

The 2022 SAIGONTEX edition ended on July 30 in Ho Chi Minh City. Listed textile companies participating in the Taiwan Textile Federation delegation group included Far Eastern New Century, Shinkong Synthetic Fibers Corporation, Zig Sheng Industrial, and Eclat Textile. Featured products include various popular and functional yarns, fabrics, trademarks, dyes, and auxiliaries. According to the Taiwan...



CENS Global Pass

Hiwin Technologies Corp.</h2><p class='subtitle'>Ballscrew, Linear Bearing, Linear Guideway, Linear Actuator, Aerospace Parts, Intelligent Linear Guideway, Motor Driver, Magi-Encoder, Linear Motor System</p>

Hiwin Technologies Corp.

Ballscrew, Linear Bearing, Linear Guideway, Linear Actuator, Aerospace Parts, Intelligent Linear Guideway, Motor Driver, Magi-Encoder, Linear Motor System

Jun 20, 2022

In 2020, Hiwin was awarded as a top ten Taiwan Corporate Sustainability Award, while in the previous year, the company's Cool Type III ballscrew received the Outstanding Award of the Statistics Monitoring Machine Tool Key Components Category at the 2019 14th Annual Machine Tools “R&D Innovative Products” Competition. Affiliated Hiwin Mikrosystem's CRE Absolute Direct Drive Motor TMY65D also won a...

HIWIN TECHNOLOGIES CORP.


Hiwin Technologies Corp.</h2><p class='subtitle'>Ballscrew, Linear Bearing, Linear Guideway, Linear Actuator, Aerospace Parts, Intelligent Linear Guideway, Motor Driver, Magi-Encoder, Linear Motor System</p>

Hiwin Technologies Corp.

Ballscrew, Linear Bearing, Linear Guideway, Linear Actuator, Aerospace Parts, Intelligent Linear Guideway, Motor Driver, Magi-Encoder, Linear Motor System

Jun 16, 2022

In 2020, Hiwin was awarded as a top ten Taiwan Corporate Sustainability Award, while in the previous year, the company's Cool Type III ballscrew received the Outstanding Award of the Statistics Monitoring Machine Tool Key Components Category at the 2019 14th Annual Machine Tools “R&D Innovative Products” Competition. Affiliated Hiwin Mikrosystem's CRE Absolute Direct Drive Motor TMY65D also won a...

HIWIN TECHNOLOGIES CORP.


HWANG YU AUTOMOBILE PARTS CO., LTD.</h2><p class='subtitle'>Ball Joints, Tie Rod Ends, Rack Ends, Center Links, and Control Arms, Side Rod Assy, Brake Calipers, Etc.</p>

HWANG YU AUTOMOBILE PARTS CO., LTD.

Ball Joints, Tie Rod Ends, Rack Ends, Center Links, and Control Arms, Side Rod Assy, Brake Calipers, Etc.

May 24, 2021

Founded in 1972, Hwang Yu Automobile Parts Co., Ltd. is a IATF 16949 and ISO 14001-certified company specializing production of high-quality aftermarket (AM) automotive steering, suspension and brake components, with over 50 years of manufacturing experience. The company's products are marketed worldwide under its own-brands “3 Star” and “Hwang Yu” and are all popular with global customers. Cu...

HWANG YU AUTOMOBILE PARTS CO., LTD.