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Taiwanese Machine Tool Makers See Robust Revenue in May
Jun 15, 2016Taiwanese machine-tool builders generally enjoy robust revenue in May thanks to market recovery (photo courtesy of UDN.com).Mainly fueled by strong orders from downstream manufacturers in such sectors as automobiles, smartphones and ...
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Taiwan's Machine Tool Makers Project Weak 2015 Revenue
Dec 31, 2015Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
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Machine Tool Maker Fair Friend Attempts to List on Taiwan Stock Exchange in 2017
Apr 1, 2015Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
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Taiwan's Machine-Tool Makers Accelerating Investment Plans
Dec 12, 2014Taiwan's leading machine-tool makers are accelerating their investment plans to alleviate the problem of insufficient production capacity, despite the hazy business outlook for 2015. The Tongtai Group's board of directors recently ...
Tags: machine-tool, Machinery
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Taiwan Machine Tool Makers to Target Local Market
Oct 31, 2014Spearheaded by Taiwan's Ministry of Economic Affairs (MOEA) and coordinated by Goodway Machine Corp., around 10 of Taiwan's leading machine-tool makers plan to organize a consortium by the end of this year to develop high-end machines for ...
Tags: vertical lathing, Aircraft Parts
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IMTS 2014 Suggested Bright Market Outlook for The Island's Machine-Tool Makers
Oct 10, 2014The International Manufacturing Technology Show 2014 (IMTS 2014) of Chicago, held Sept. 8-13, brought Taiwan's exhibitors some US$50 million of orders on-site, suggesting bright market outlook for the island's machine-tool makers at least ...
Tags: Machine Tool, vertical lathes
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Taiwan's Leading Machine-Tool Makers Remained Profitable in H1 of 2014
Aug 21, 2014Taiwan's leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry ...
Tags: Machine Tool, motivate machinery, Machinery
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Taiwan's Leading Machine-Tool Makers Are Speeding Expansion Plans to Get Ready for H2
Aug 21, 2014Taiwan's leading machine-tool makers are speeding expansion plans to get ready for H2 of this year, which they forecast to be brisker than in H1 due to recovering global economy and increasing demand for automation systems. Chairman of ...
Tags: Machine Tool, automation systems, Tools
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Kao Fong to Take out Loan for Expansion
Jul 1, 2014Kao Fong Machinery Co., Ltd., a subsidiary of Hota Industrial Mfg. Co., Ltd., has signed a syndicated loan of NT$1.1 billion (US$36.6 million) with eight Taiwan-based banks to finance its expansion?amid promising market outlook. The ...
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Taiwan's Machine Tool Industry This Year
Jun 30, 2014OUtlook for Taiwan's machine tool forecast to be bright. While cautious industry executives feel Taiwan's machine-tool exports are likely to rise 8% year on year this year, optimistic insiders project?exports to rise 10% to US$4 billion ...
Tags: taiwan, Manufacturing, Processing Machinery
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TAMI Chairman Hsu Hsiu-Tsang Predicts The Island's Machine-Tool Exports to Rise
Mar 27, 2014Taiwan Association of Machinery Industry (TAMI) Chairman Hsu Hsiu-tsang predicts the island's machine-tool exports to rise at least 10% year on year, to US$4 billion this year, as long as the American market and the ASEAN (Association of ...
Tags: Machine Tool Industry, Machinery Industry, machine-tool exports
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Taiwan's Leading Machine-Tool Makers Will Inaugurate Expansion Plans Earlier
Feb 13, 2014Flooded by orders in the first quarter of 2014 and upbeat about business for the second quarter, Taiwan's leading machine-tool makers will inaugurate expansion plans earlier than originally scheduled. Industry executives point out that ...
Tags: Taiwan, Machine Tool, Machine Accessory, machining centers
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Taiwan's Leading Machine-Tool Makers Vow to Increase Their 2014 Sales
Jan 23, 2014Taiwan's leading machine-tool makers vow to increase their 2014 sales by at least 10% from 2013 based on the recent surge in orders that will keep production lines running at full throttle throughout the second quarter. Falcon Machine ...
Tags: machine-tool, car-making machines
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Most of Taiwan's Machine-Tool Makers Made Encouraging Profits in Q1
Jan 23, 2014Most of Taiwan's machine-tool makers made encouraging profits in the first third quarters of 2013 in spite of several disadvantageous developments, including the recent revaluation of the New Taiwan dollar against the U.S. dollar that has ...
Tags: Machine Tool, automated equipment
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South Korean Won Against U.S. Dollar Are Motivating Taiwan's Machine-Tool Makers
Apr 9, 2013Decreased customer inventories and depreciating Japanese yen and South Korean won against U.S. dollar are motivating Taiwan's machine-tool makers to accelerate expansions at home and overseas. Tongtai Machine & Tool Co., Ltd. will begin ...
Tags: Machine Tool, Hiwin Technologies