Taipei, Oct. 13, 2011 (CENS)--Taiwan’s leading manufacturers of machine tools and accessories have quite different outlook for the industry in 2012.

Seeing declining orders in the second half, both Victor Taichung Machinery Works and Tongtai Machine & Tool Co. are apprehensive toward the machine-tool industry in 2012. However, Eric Y.T. Chuo, chairman of Hiwin Group and the Taiwan Machine Tool & Accessory Builders’ Association, argues the industry will clearly recover after March 2012, perhaps due to being successful to penetrate Germany’s automobile industry and Spain’s aerospace industry, which are seeing high growths.

Bert M.H. Huang, president of Victor Taichung, said the local machine-tool industry has gradually seen declining demand and orders from China for several months and obvious downtrend in orders since the third quarter, despite exponential growth in orders in the first half. Prospects for the local machine-tool industry in the fourth quarter will worsen from the third quarter, and many are cautious toward next year; while industry growth will hinge on demand from China.

With order visibility throughout the end of this year, Tongtai achieved over NT$800 million in monthly sales between May and July, with chairman J.H. Yen being cautious towards the local machine-tool industry in 2012, due to absence of a clear driver of growth.

Goodway Machine Corp. is also reserved towards sales in 2012.