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The Auto Component Market in Taiwan 2020 |
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According to the survey data released by ITRI's Industrial Economics and Knowledge Center, there are currently about 86,000 employees in the automotive parts industry in Taiwan, and 2,549 component manufacturers, including about 300 original equipment manufacturers and 200 companies with factories in China. Due to the China-U.S. Trade War in 2018, it severely impacted the automotive supply chain around the world. Although Taiwan is also an important part of the international supply chain, Taiwanese firms are reducing their dependence on China-based manufacturing facilities since last year. Coinciding with President Tsai Ing-wen's reshoring initiative, some of the Taiwanese manufacturers have moved their factories to Taiwan. Last year, the export value in the first eleven months reached NT$196 billion.
Covid-19 Spreading Through the Auto Industry
Wuhan, in Hubei Province where the viral outbreak began, is one of the major auto production hubs in China, hosting production facilities for several major domestic and international manufacturers such as Honda, Nissan, Renault, and General Motors, along with many auto parts suppliers. |
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Founded in 1996, Demax Enterprise Co., Ltd. is a versatile supplier of a comprehensive range of auto parts, including oil seals, engine parts, brake parts, chassis parts, suspension & steering parts, transmission parts, rubber parts, strut mounts for automobiles, trucks, trailers, etc.Demax is also a specialized maker of automotive oil seals and rubber products, which are globally marketed under the company's own "DEMAX" brand or on OEM/ODM basis.
The firm says that it is capable of developing and manufacturing all kinds of oil seals, including rubber face seal, metal face seal, metal face seal with inner case, etc., in various materials such as NBR, Polyacrylate, EPDM, Silicon, FPM, Teflon, etc. and specifications based on customers' product samples or design blueprints. ... |
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2020 Auto Parts & Accessories |
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