News List

HIWIN news for Taiwan Excellence Award
Asia's Power Businesswomen 2015
Hiwin Technologies Saw March Revenue Surge 90% on Year
Taiwan Ranks Among World`s Top-3 Supplier of Machine-tool Parts
Hiwin Doubles Sales to NT$12 Billion in 2010
Hiwin, Tongtai See EPS Hit Historic High in First 3 Quarters
Hiwin`s Consolidated Sales May Top NT$20 B. in 2011
Piano player bot tickles the ivories in Taiwan
Inaugural TMTS 2010 in Taichung
Taiwan`s Major Machinery Firms Score Record High Sales in May
18th Taiwan Excellence Award Sees More Entries From Outside ITC Sector
Hiwin Technologies to Challenge US$314.46 M in 2010 Sales
Taiwan`s Machine-tool Firms Post January Sales Growths
Hiwin Enjoys Substantial Growth in Q1 Sales
Hiwin Technologies in Taiwan to Recruit 1,000 Workers
Hiwin Technologies Acquires Mega-F to Boost Robotic Output
NTU shows outstanding performance in 2009 National Robotics Contest
Hiwin Technologies to Be Listed on TWSE on June 26
Okuma of Japan Plans to Buy Machine Tools in Taiwan in 2009
Ranking 100 Legal Notice certification of 2007

Hiwin Doubles Sales to NT$12 Billion in 2010

Hiwin Group, Taiwan`s leading manufacturer of linear-motion devices, recently announced having posted annual consolidated sales exceeding NT$10 billion the first time to reach NT$12 billion in 2010, double the NT$6 billion in 2009 for a historic high.

Hiwin Technologies Corp., the flagship firm of the entire group, posted NT$8.21 billion in sales from Taiwan`s operations in 2010, up 146% year-on-year from NT$3.337 billion, with after-tax earnings per share of NT$7.5 in 2010, for a historic high.

The maker has orders exceeding NT$6 billion to be filled, with institutional investors predicting the Hiwin Group to see sales top NT$20 billion in 2011.

One of the world`s top-three manufacturers of balls crews and linear guideways, Hiwin has invested NT$500 million to construct a new plant in Yunlin Technology Park, central Taiwan, which will be completed by the end of this year and come online sometime in June. The new plant will help Hiwin to raise capacity in Taiwan by 30%, and create over 1,500 jobs.

Thanks to the production expansion, institutional investors predicted Hiwin will see sales grow over 40% year-on-year in 2011 with Taiwan`s operations able to challenge NT$11 billion in revenues.



Taken from: CENS by Ben Shen 1/21/2011