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NEWS TAGGED TECO
Monday 3 August 2015
Teco Electric & Machinery to acquire Italy-based Motovario
Own-brand electric machinery and consumer electronics maker Teco Electric & Machinery will acquire a 100% stake in Motovario S.p.A., a Italy-based maker of gear reducers, motors...
Thursday 23 July 2015
Teco, China Steel establish joint venture for Taiwan wind power business opportunities
Teco Electric & Machinery has established a joint venture with Taiwan-based steel maker China Steel (CSC) specifically to produce offshore wind power-generating turbines, according...
Friday 15 May 2015
Teco and CSMC to jointly step into offshore wind power market
Teco Electric and Machinery and China Steel Machinery (CSMC) will set up a joint venture for development and production of offshore wind power systems, according to Teco.
Tuesday 15 July 2014
Taiwan market: Teco reports 30% increase in energy efficient air conditioner sales during 1H14
Taiwan-based home electronics vendor Teco has reported that its first-grade energy-efficient air conditioner sales increased 30% on year in the first half of 2014 while sales of air...
Tuesday 24 June 2014
Teco plans to set up electric vehicle factory in Philippines
Taiwan-based machinery and household appliancea maker Teco Electric & Machinery plans to turn a factory in Subic Bay, the Philippines, into a plant for making electric vehicles...
Tuesday 22 January 2013
Teco aims for US$345 million in home electronics revenues during 2013
Sales from frequency conversion air conditioners used in the commercial segment are expected to help Teco reach its targeted revenues of NT$1 billion (US$345 million) within the home...
Monday 3 December 2012
Taiwan market: Teco and Taitung expected to release 55-inch TVs by the end of 2012
Taiwan-based TV vendors Teco and Taitung are expected to release 55-inch LCD TVs priced less than NT$40,000 (US$1,375) by the end of 2012 in Taiwan in order to meet increasing demand...
Friday 21 September 2012
Taiwan market: Local home appliance makers to introduce energy-saving products in 4Q12
Demand for energy-efficient home appliances such as refrigerators and flat-panel TVs is expected to heat up in the Taiwan market in October, causing competition between home appliance...
Wednesday 15 August 2012
Taiwan TV vendors continue to benefit from energy subsidies
Taiwan-based TV vendors Teco and Sampo have reported increased LCD TV sales in July and will continue to see increases throughout August due to energy-saving subsidies issued by the...
Wednesday 1 August 2012
Teco sees rise in air conditioner and TV sales
Teco has reported twice the amount of air conditioner sales in July compared with the same time last year and expects that it will make up 10% of Taiwan's TV market by the end of...
Friday 13 July 2012
Teco expects to bump up revenues with air conditioner sales in July
Teco expects revenues to increase in the third quarter of 2012 due to growing demand for air conditioners and increased order visibility.
Wednesday 16 May 2012
Taiwan market: Home appliance vendors optimistic about 2Q12
Taiwan home appliance brands can expect to see revenues improve in the second quarter as Taiwan's government is about to issue its second wave of subsidiaries for electronic produc...
Thursday 12 April 2012
Teco aiming at electric car motor market
Taiwan-based motor maker Teco Electric and Machinery will expand its related green energy business by venturing into the production of motors for electric vehicles, according to company...
Friday 23 March 2012
BenQ to introduce direct-lit LED TVs in May
BenQ plans to introduce low-price direct-lit LED TVs in May. The price of this product is likely to be 10% lower than new LED TVs in the market. According to BenQ, LCD TV shipments...
Wednesday 14 March 2012
Taiwan-based TV brands promoting LED TVs
Taiwan-based household appliance vendors including Tatung, Teco, and Sampo have been promoting LED-backlit TVs due to government incentive policies. The Taiwan government has been...