From iPhones to Mercedes: How Taiwan’s Kent became top grinder maker
Grinder manufacturer Kent Industrial has a revenue of less than NT$1 billion, but it is the number one producer of surface grinders in the world. Everything from iPhones to Mercedes-Benz autos are made with their grinders. How was Kent able to go from losing money to achieving a profit margin of over 40%?
After 25 years, MIT batteries target land, air and sea
McKinsey predicts that, due to the rising demand for electric vehicles and energy storage, the global production of lithium-ion batteries will grow at 30 percent annually over the next eight years. This figure will surpass US$400 billion by 2030. Has the time come for Taiwan battery companies?
How an 84-year-old ‘Lumber King’ became pivotal to the TSMC supply chain
Shiny Chemical is one of the few Taiwanese suppliers to become part of TSMC’s advanced manufacturing process. The octogenarian chairman is the nephew of a lumber industry tycoon. He has weathered the decline of an industry and multiple failed attempts to transform his business. In this special interview, he shares stories from the annals of history.
The true significance of Taiwan's first official trade agreement with the US
Taipei and Washington are expected to soon sign the already agreed- upon items of the U.S. – Taiwan Initiative on 21st Century Trade. Since the agreement will not easily yield direct economic benefits for Taiwan, it remains to be seen whether Taiwan can capitalize on the introduction of “U.S. rules” to secure similar pacts with other trade partners.