Taiwan has been the world’s seventh largest producer of machine tools and accessories, and the world’s fourth largest exporter, with machinery and components exports reaching an average of around $4 billion a year from a network of more than 1,000 precision machine manufacturers and over 10,000 downstream suppliers.
In 2018, the Taiwanese machinery industry increased its production to a record $1.2 trillion. At the same time, Taiwan exported $4.565 billion of machine tools and components, an increase of 8.28 percent over the same period last year.
At the EMO Hannover 2019 event in Germany this month, Taiwan is set to have a huge presence–with a total of 239 exhibitors covering more than 17,000sqm of exhibition space and showcasing their latest developments and innovations in smart machineries, in line with Industry 4.0.
“Taiwan is now an equal partner,” said Walter Yeh, President and CEO of Taiwan External Trade Development Council (TAITRA), as Taiwan companies highlight the “Made in Taiwan” brand, as a result of successful cooperation with German providers and the “Made in Germany” brand.
Siemens Taiwan signed an agreement to cooperate with the Fair Friend Group (FFG), currently the largest Taiwanese investor in Germany, at EMO 2017 in Hanover during the second German-Taiwanese Smart Machinery Forum.
The objective of Taiwan is clear: machine builders are to develop apps for networking and controlling different machines via the cloud in the future. In one of the technical conferences at the show, Bush Hsieh of Chumpower Machinery will speak on a “competitive ecosystem” that needs to be set up.
For more information, visit TAITRA at Hall 09 Stand E08.
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