The total value of advertising placed in Taiwan topped NT$53 billion (US$1.65 billion at NT$32:US$1) in 2005, for a slight decline of 2.8% from 2004' s NT$54.55 billion (US$1.7 billion), according to Nielsen Media Research. Of the five major media, broadcast TV suffered the steepest decline of 1

Taipei, March 17, 2006 (CENS)--Based on the persistent booming sales of cellphones worldwide, the Market Intelligence Center (MIC) under the government-backed Institute for Information Industry estimated Taiwan has projected Taiwan' s shipments of cellphones to double to 153 million units this year

The value of Taiwan' s external trade rose 8.6% in 2005 to reach a record high of US$371 billion. Exports increased 8.8% to US$189.39 billion, also a record, according to statistics released by the Ministry of Economic Affairs. Imports for the year amounted to US$181.61 billion, an increase of 8.2%

Taipei, Jan. 9, 2006 (CENS)--The prices of large-sized thin film transistor-liquid crystal display (TFT-LCD) panels are expected to fall in January, a result of the effects of the off-season for personal computer (PC) products. Both DisplaySearch, a flat panel display (FPD) market research and c

Taipei, Nov. 18 2005 (CENS)--The Directorate General of Budget, Accounting and Statistics (DGBAS) announced the adoption of a new version of national accounts for the compilation of gross domestic product. According to the new compilation method, Taiwan's economy grew 6.07% in 2004, the first time

Taipei, Nov. 11 2005 (CENS)--With global trade expected to improve next year, Taiwan's economy will grow at a rate of 3.96%, according to a forecast by the Taiwan Institute of Economic Research (TIER). Meanwhile, the institute upwardly revised its estimate for Taiwan's economic growth this year

Established in 1953, Shin Chin Industrial Co., Ltd. (SCI) is one of the most respected electronics/auto parts manufacturers in Taiwan. The ISO9001- and QS9000-certified company has grown apace with the island's high-flying electronics and auto parts lines, becoming a leading producer in this segmen

Taipei, Nov. 4, 2005 (CENS)--To achieve its goal of becoming the world's third-largest personal-computer brand by 2007, Acer Inc. will enhance its cooperation with contract manufacturer Hon Hai Precision Industry Co. and expand its desktop PC work team. To achieve its sales goal, Acer plans to s

Because the U.S. dollar is expected to retain its strength in the fourth quarter, Taiwan's N.T. dollar may continue to depreciate against the greenback, perhaps to the level of US$1=NT$34 or US$1=NT$35, according to some foreign banks. The N.T. dollar began to accelerate its depreciation against

Taipei, Oct. 26, 2005 (CENS)--Yem Chiou Co., Ltd., one of Taiwan's leading manufacturers of adhesive tapes, recently announced it expected to challenge the NT$10 billion (US$301.2 million at US$1:NT$33.2) mark for annual sales five years from now. Despite the skyrocketing rise in the price of ra

Standard & Poor's, the leading global provider of independent investment research, ratings and indices, announced a significant milestone on Sept. 27 in its business expansion in Asia, with the signing of an agreement to acquire a majority stake in Taipei-based Taiwan Ratings Corporation (TRC). The

Due to the effects of the slackening global economy and soaring international oil prices, the Bureau of Foreign Trade (BOFT), which is under the aegis of Taiwan's Ministry of Economic Affairs (MOEA), has lowered its forecast for Taiwan's exports growth this year to 7.47%, down from the original 9.7

Taipei, Oct. 4, 2005 (CENS)--China Steel Corp. (CSC), Taiwan's largest integrated steelmaker, saw its world competitiveness ranking plunge to 16th place in 2005 from the No.4 position in 2003, according to a survey conducted by World Steel Dynamics (WSD). Headquartered in New Jersey, U.S.A., WSD

Taipei, Sept. 28, 2005 (CENS)--The persistence of negative interest rates and the languid securities market have induced a massive flow of capital out of Taiwan, which may lead to anemic funds in the local securities market. In August, foreign investors in Taiwan recorded a net outward remittanc

Taipei, Sept. 9, 2005 (CENS)--Affected by plummeting steel prices, in August China Steel Corporation (CSC) garnered only NT$4.776 billion (US$149.25 million at US$1:NT$32) in pretax earnings, or NT$0.45 (US$0.014) in earnings per share, the lowest monthly level since the second quarter of last year

Taipei, Aug. 29, 2005 (CENS)--Following the footsteps of mainland China's Baosteel Corp., China Steel Corporation (CSC), Taiwan's largest integrated steelmaker, recently slashed domestic wholesale prices on seven categories of steel products for shipments in the fourth quarter by an average of 9%.

Taipei, Aug. 10, 2005 (CENS)--Under the shadow of a strike by its labor union, the state-run Chunghwa Telecom successfully sold out 3% of its shares in an after-hours auction on Aug. 9, marking an important step for its privatization. A total of 289,000,000 shares of the company were put on the

Taipei, Aug. 4, 2005 (CENS)--Due to a stagnated steel market filled with wait-and-see sentiment, China Steel Corporation (CSC), Taiwan largest maker of steel products, saw sales of steel products decline 9.2% sequentially to reach 798,000 metric tons in June, with earnings slumping 11.6% from May t

Taipei, June 1, 2005 (CENS)--Taiwan's Coretronic Corp., the world's largest supplier of projectors and backlight panels, has aimed to ship 800,000 projectors and 27.4 million backlight panels this year, up 94.2% and 64.8%, respectively, from last year. In addition, the firm is also expected to s

Total output for transportation vehicles and parts made in Taiwan, including the automobile, powered two-wheeler (PTW), and bicycle segments, reached NT$121.6 billion (US$3.87 billion at US$1:NT$31.4) in the first quarter, up 5.2% from the same period of last year By individual segment, th

Taipei, May 30, 2005 (CENS)--Taiwan's notebook computer market is suffering a rare recession as deliveries of the products hit a new low of 118,000 units in the first quarter of this year, according to statistics compiled by the industry researcher International Data Corporation (IDC). Of the ma

Synthesizing decades of experience and a strong spirit of innovation, Taiwan's furniture parts and hardware industry has steadily grown and maintained its edge in the international market despite growing competitive pressures. Domestic manufacturers in this line also attribute their success to t

Automechanika Asia 2005 (AMA '05) drew record numbers of exhibitors and visitors to the Putra World Trade Center in Kuala Lumpur during its April 6-9 run. The show' which was organized by Messe Frankfurt (HK) Ltd. With help from the Malaysia External Trade Development Corp. (Matrade)' attracted

Taipei, April 26, 2005 (CENS)--China Steel Corporation (CSC), Taiwan's largest steelmaker, posted NT$20.572 billion (US$651 million at US$1:NT$31.6) in pretax earnings in the first quarter of this year, up 63% year-on-year and hitting an all-time quarterly high of its kind. Based on present capi

Automechanika Asia 2005 (AMA '05) drew record numbers of exhibitors and visitors to the Putra World Trade Center in Kuala Lumpur during its April 6-9 run. The show, which was organized by Messe Frankfurt (HK) Ltd. With help from the Malaysia External Trade Development Corp. (Matrade), attracted

Hann Kuen Machinery & Hardware Co., Ltd. Specializes in manufacturing and marketing a wide variety of cutting tools and accessories for all kinds of special-purpose machines and machine centers, according to chief executive Chiang Ping-kuen. The firm's customer base spans the globe. Located in T

Lico Machinery Co., Ltd., established in 1978, is one of the island's leading lathe manufacturers. Its main products are CNC automatic lathes, CAM type automatic lathes, and CNC & CAM type automatic lathes. The firm turns out an average of 30 units every month and has an annual turnover of approxim

Gin Chan Machinery Co., Ltd., established in 1988, is a professional manufacturer of precision accessories for grinding machines and milling machines. The company exports these components under the "Gin" brand to markets around the world. The company's commitment to research is evident in the ma

Taipei, March 14, 2005 (CENS)--With fewer workdays in February due to the Chinese New Year holidays, domestic electronics firms saw sales slow down in the month, with the exception of Hon Hai Precision Industry Co., which witnessed revenue shoot up 54.7% from one year earlier to NT$39.59 billion (U

TC-Strasse Industries Co., Ltd., formally known as Tung Chieh Industries Co., Ltd., is a leading manufacturer of professional tool-storage units, movable storage cabinets, parts washers, and concrete mixers. The company, when launched in the early 1960s, was one of the very first concrete-mixer man