San Shing Fastech Corp., one of the major fasteners manufacturers in Taiwan, said its Q2 sales revenue was over than NT$1.6 billion, increasing by 15.3% from a quarter ago.
The company also said its orders allocation have been full booked until the third quarter and has started to collect October orders recently.
One of Taiwan's fasteners makers said Taiwan's fasteners market has started to rebound since last November, due to the raising demand from the US and Europe's auto industries.
The export orders for automotive screws and nuts have also increased. San Shing is one of the major automotive screws and nuts exporters in the market.