Page 31 - TTG-Taiwan Transportation Equipment Guide 2025-09 Edition

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Industry News

Lamp player TYC Group, transmission-system United Alloy Tech Co., a maker of alloy-forging
maker Hota Group, fastener heavyweight Sumeeko parts, saw its annual revenue soar 32% to hit
Industries Co., Ltd., and metal-parts maker new high of NT$4.75 billion (US$158.4 million)
Eurocharm Group are also working hard on their throughout 2024.
plans to open factories in America.
2025 Likely to Be Another Harvest Year for
Global strategies have helped the Taiwanese Taiwan’s AM Parts Makers
manufacturers dodge risks from tariffs, pare down
logistics costs, and draw them closer to local Taiwan’s industry insiders estimate that after
customers. reaping the harvest in 2024, Taiwanese AM-parts
makers are likely to see their sales grow further in
Blizzards that stormed across North America last 2025.
winter and including more AM-based parts in claim
payout by property insurers have together brought Taiwan’s AM-based parts industry has been
Taiwanese makers of AM-based parts instant, hefty widely known for its high product quality, high
orders. manufacturing flexibility, and amazing cost
efficiency. Mostly operating at medium and small
Tong Yang saw revenue score record high of sizes, the Taiwanese manufacturers are very nimble
NT$25 billion (US$833 million) in 2024, with after- and sensitive to market shifts. Thus, they can
tax net income soaring around 45% year on year. produce highly tailor-made, small-quantity products
In the first quarter of this year alone, the company’s that cater to older cars in diversified specs, making
revenue of NT$7.29 billion (US$243 million) hit new them attractive to maintenance and repair market.
high and marked an 18.8% increase year on year.
More ICT Technologies are Integrated into
Hushan made NT$374 million (US$12.5 million)
in pre-tax net income and NT$4.34 per share Taiwan’s AM Parts
throughout 2024.
In addition, the manufacturers have highly
Gordon Auto Body Parts Co., Ltd. saw revenue integrated their production with precision
rise 11.79% year on year in 2024 to NT$3.016 -manufacturing and electronics technologies.
billion (US$100 million), with after-tax net income Taiwan is the home to world’s leading electronics,
surging close to 70%. computing, telecommunications, and semiconductor
manufacturers in particular. Against the backdrop,
Brake-system maker Yusin Holding Corp. saw Taiwanese auto-parts makers have introduced
annual revenue hit new high at NT$3.94 billion sophisticated LED auto lamps; LCD-screen
(US$131.4 million) in 2024, with after-tax net instrument panels; and Advanced Driver Assistance
income rising over 12% year on year. System (ADAS), which is a suite of technologies