Auto-lamp maker Ta Yih optimistic towards 2009 operation.Taipei Taipei (tībā`), city (1995 est. pop. 2,632,863), N Taiwan, capital of Taiwan and provisional capital of the Republic of China. Taiwan's largest city, it is the administrative, cultural, and industrial center of the island. , Aug. 26, 2009 (CENS CENS Censor CENS Center for Embedded Networked Sensing (UCLA NSF) CENS Censorship CENS Centre d'Etudes Nucleaires de Seclay ) -- Thanks to recovering new-car sales in mainland China, Ta Yih Industrial Co., the largest original equipment (OE) auto-lamp supplier in Taiwan Taiwan (tī`wän`), Portuguese Formosa, officially Republic of China, island nation (2005 est. pop. 22,894,000), 13,885 sq mi (35,961 sq km), in the Pacific Ocean, separated from the mainland of S China by the 100-mi-wide (161-km) Taiwan , recently said that its subsidiary in China, the Fuzhou Fuzhou, city, Fujian province, China Fuzhou (f  `jō`) or Foochow (f Tayih Industrial Co., Ltd., has been enjoying
increasing sales.
Fuzhou Tayih's auto-lamp shipments in China have been increasing also due to increasing shipments to Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and automakers, with the subsidiary expected to enjoy profit growth from last year's. In Taiwan, Ta Yih's profits saw 82% year-on-year (YoY) increase in the first half thanks to the gradually recovering automobile market on the island. The lamp maker said that market certainty has extended to about October October: see month. . Already the largest OE auto-lamp supplier in Taiwan with market share of more than 80%, Ta Yih has been actively separating its markets in recent years to lower risks. In 2007, the Taiwanese company began winning OE auto-lamp orders from Japanese automakers transferred by Koito of Japan. The big-ticket overseas orders have effectively ramped up Ta Yih's export rate to 35% this year from 20% before. Thanks to Japanese orders for more car models, Ta Yih estimated that its Japanese revenue may grow 30%. Ta Yih set up its Chinese subsidiary Fuzhou Tayih in 1995 and now holds a 49% stake (Koito Japan 51%). The subsidiary began making profits in 2000 and has been its major moneymaker for the Taiwanese parent. Last year, Fuzhou Tayih contributed profits of US$25 million to Ta Yih. ((QL)) (A) |
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