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Innovation‌ ‌and‌ ‌Digitalization‌ ‌in Taiwan's Fasteners Industry

Dec 07, 2020 | By CENS

In an unprecedented event in modern history, the COVID-19 crisis has ignited firms to pursue new approaches to overcome restricted mobility, teleworking challenges, and disrupted production chains. In keeping with the theme of innovation and digitalization, the following two fastener firms are examples of what companies can achieve when they prioritize innovation and forward-looking planning.

Ding Chen Tek has equipped its optical sorting machines with new technology like AI to speed up and optimize operations and reduce human error. On the other hand, wire drawing machine maker Gwo Lian Machinery has revolutionized the industry with new patented technology that brings several advantages to its clients.


Industry In-Focus

Photo Credits: UDN File Photo

AUO Chairman Mulls Over Potential SEA Production

Dec 03, 2020

Panel maker AUO Chairman Paul SL Peng revealed on Dec. 2 that he is evaluating to set up specific factories in the Southeast Asian region, citing the U.S.-China trade war as the main backdrop. The trade war has created a "single world with two systems," Peng said, as the global production chain has continued to "regionalize" and become shorter. AUO is considering its clients' movements and cou...


Photo credit: UDN/AP

EUV Demand Bolsters Taiwanese Suppliers as Samsung Seeks to Gain on TSMC

Dec 02, 2020

Demand for EUV equipment has increased as Samsung is seeking to catch up to TSMC, buoying suppliers like Gudeng Precision and Marketech (MIC). MIC is regarded by local media as the potential winner here, as the firm currently supplies EUV mask package boxes for both TSMC and Samsung. Gudeng has acquired ASML-certification for its EUV mask package boxes, making up at least 70% of the market...


Photo Credits: UDN/THSR

Localized Railway Parts and Maintenance Sees Results Under THSR

Dec 01, 2020

The Taiwan High-Speed Rail Corporation (THSR) has sought to localize rail parts production, reporting substantial results in recent years, according to local media on Tuesday. Much of Taiwan's railroad industry has relied on importing parts. THSR's initiative would help lower procurement and import costs by keeping production and procurement within Taiwan. THSR reported a successful collabo...



Industry Reports

Arrow Electronics. (Photo credit: UDN)

Global IC Leader Arrow Electronics Could Face Restrictions Despite Denial

Nov 30, 2020

The US-China trade tensions have led to global IC leader Arrow Electronic's Arrow Asia PAC becoming the next likely candidate for blacklisting by the U.S. Bureau of Industry and Security (BIS) as a military-end-user (MEU), reported local media on Monday. Over the weekend, Arrow has refuted the claim, saying the BIS has pledged to conduct investigations into the matter before publication on the...


Photo credits: EDN/Reuters

Global Production Chain Could Prioritize Safety Over Profits

Nov 25, 2020

The current global supply chain trends would move towards safety-orientation over profits, National Taiwan University Honorary Professor Chen Po-chih said. Chen's remarks come before the "Economic Investment Outlook Seminar" on Dec. 17, hosted by the Economic Daily News, where he is slated as among the keynote speakers. The forum will invite domestic and foreign academics and speakers to analy...


IC Sector Strengthens Oct. Industrial Production Index</h2>

IC Sector Strengthens Oct. Industrial Production Index

Nov 24, 2020

The October industrial production index increased 7.06% YOY, according to the Dept. of Statistics under the Economic Ministry on Tuesday, reaching 122.0, a second-record high in terms of monthly indexes. The latest figures signal consecutive 9-month growth. Statistics Dept. head Huang Wei-chieh said the number of national holidays last month contributed to a slightly lower index than September...



Supplier News

Ray Fu's Reliable Fastener Quality for Clients Bolsters Q4 Sales</h2>

Ray Fu's Reliable Fastener Quality for Clients Bolsters Q4 Sales

Dec 07, 2020

Ray Fu Enterprise Co., Ltd. is a Taiwanese professional exporter for various fasteners and steel wires. Along with its parent company Chen Nan Iron Wire, both firms are located in Kaohsiung City of southern Taiwan. Ray Fu manages a wire rod storage, spheroidizing annealing furnace, pickling surface equipment, wiring drawing machinery, and fastener forming machine. While the COVID-19 pandemic impa...

RAY FU ENTERPRISE CO., LTD.


Chipboard Screw, Special Wood Screw, provided by Shuenn Chang Fa.

Quality Fastener Maker Shuenn Chang Fa Shows Resilience with Sales Boost

Dec 07, 2020

#Huang Chi-ming Taiwanese quality fastener manufacturer Shuenn Chang Fa Enterprise Co., Ltd.'s (SCF) presented exceptional ability to adapt to challenging times amid the COVID-19 pandemic. Unlike other firms, SCF leveraged its production strategy with its new plant, and even saw sales performing better than expected. SCF’s newest factory expands the original 10,000-square meters factory...

SHUENN CHANG FA ENTERPRISE CO., LTD.


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.

Oct 28, 2020

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 motorcycles,...

TAIR WANG ENTERPRISE CO., LTD.



Insiders' Views

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...


Paul Master offers high-quality chassis and engines parts for passenger cars, trucks, and industrial trucks. (Photo courtesy of Paul Master)

Paul Master Builds Reputation with Auto Chassis and Engine Parts

Nov 18, 2019

Founded in 1980, Paul Master Auto Parts Co. is headquartered in Taiwan, a professional manufacturer of chassis and engines parts for passenger cars, trucks, and industrial trucks including forklifts. General Manager Terry Liang said the company has its own professional design department, which provides customized products and specifications for global buyers, including automobile steering and...

PAUL MASTER AUTO PARTS CO.


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.

Sep 04, 2019

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...



Exhibition Highlights

Automechanika Shanghai 2020 opens tomorrow, jump starting the resumption of trade fairs for the automotive industry</h2>

Automechanika Shanghai 2020 opens tomorrow, jump starting the resumption of trade fairs for the automotive industry

Dec 04, 2020

For the first time, Automechanika Shanghai establishes hybrid gateways for onsite and overseas players accessing one of the most valuable assemblies for the automotive industry in 2020. Under the prevailing “Dual Circulation” policy in China, the show’s new format opens up wider sourcing, networking and knowledge-sharing opportunities to address evolving market needs. While it physically opens to...


Furniture China 2020 sheds light on a Dual-Circulating Revolution with Online & Offline hybrid Impetus</h2>

Furniture China 2020 sheds light on a Dual-Circulating Revolution with Online & Offline hybrid Impetus

Nov 11, 2020

On September 12, 2020, the 26th China International Furniture Expo (Furniture China) successfully concluded at Shanghai New International Expo Centre (SNIEC). While the concurrently held project, Maison Shanghai 2020, also ended the day before (September 11) at Shanghai World Expo Exhibition and Convention Centre (SWEECC). In the 5 days, both shows released the vitality and essence of Chinese fu...


1-on-1 Virtual Procurement Sessions on Day 1 of Taipei AMPA, removing restrictions on location and time for local and global buyers to get in touch. (Photo taken by Lin Yu-shuan)

2020 Taipei AMPA Post-Show Report

Nov 09, 2020

Preface The three-in-one Taipei AMPA wrapped up on Oct. 24 at the Nangang Exhibition Center Hall 2. According to TAITRA’s statistics, the four-day event attracted approximately 6,000 professional visitors, including representatives from Tesla Taiwan, TOYOTA, FORD, NISSAN, the joint EV venture between Foxconn and Yulon, and Michelin Tires. Unlike previous events, TAITRA organized a virtual e...