These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
Compiled By KEN LIU Taiwanese exhibitors at the 14th China International Machine Tool Show (CIMT), held Apr. 20-25, 2015 at China International Exhibition Center in Beijing, were generally upbeat about prospects to land ample orders from mainland Chinese manufacturers this year in light of the mainland’s improved purchasing managers’ index (PMI). China's official PMI, widely regarded th...
Compiled by KEN LIU In the first quarter, Taiwan’s machinery exports rose a moderate 4 percent, contrasting machine-tool exports' drop of 2 percent from the same period of last year mostly due to the continual impact of the relatively steeper devaluation of South Korean won and Japanese yen, according to the Taiwan Association of Machinery Industry (TAMI). Revealing the harsh truth bele...
Compiled By KEN LIU Edward Yang, the founder and chairman of machine-tool maker Goodway Machine Corp., announced the firm's “tri-pronged strategy” to help achieve its goal to boost consolidated revenue 32.9 percent to NT$10 billion (US$322.58 million) this year from last year’s NT$7.81 billion (US$252.16 million) to mark the company’s 40th anniversary. Despite being confident of achievi...
Compiled By KEN LIU Taiwan-made controllers stole the spotlight at the Taipei International Machine Tool Show (TIMTOS) this year, underscoring efforts by the island's machine-tool industry to enhance product value to fend off global challengers. In their drive to tap international markets, local machine-tool controller makers have received a helping hand from th Ministry of Economic Aff...
Compiled by KEN LIU The biennial 2015 Taipei International Machine Tool Show (TIMTOS), held March 3 through 8 in the Taipei World Trade Center Hall 1 and Nangang Exhibition Hall, drew a total of 7,130 foreign buyers and created US$2.1 billion in potential business opportunities. The buyers sourced products among 1,015 exhibitors, including 260 from 18 overseas nations, that occupied some 5,...
Chairman S.C. Hsu of the Taiwan Association of Machinery Industry (TAMI), having been impressed by smart manufacturing technologies at top machine-tool shows as IMTS of the United States and JIMTOF of Japan held in 2014, says the era of smart machinery is arriving and smart technology is the centerpiece of the industry, which aims to build automated production independently and inter-organization...
TIMTOS 2015 in Taipei to Set New High in Turnout The Taipei International Machine Tool Show (TIMTOS) 2015, staged March 3-8, is projected to draw over 1,000 exhibitors from 17 nations to occupy 5,400 booths this year, setting new high and unseating the Japan Machine Tool Fair as the No.2 machine-tool event in Asia, according to co-organizer Taiwan External Trade Development Council (TAITRA)...
Compiled By KEN LIU Industry executives predict both Taiwan’s exports of machinery and machine tools to rise 10 percent this year from last year based on strong exports in January 2015 due to sustained growth in demand from global automakers and aircraft builders. According to Chairman S.C. Hsu of the Taiwan Association of Machinery Industry (TAMI), which represents nearly 3,000 Taiwane...
Compiled by KEN LIU The Taipei International Machine Tool Show (TIMTOS) 2015, staged March 3-8, is projected to draw over 1,000 exhibitors from 17 nations to occupy 5,400 booths this year, setting new high and unseating the Japan Machine Tool Fair as the No.2 machine-tool event in Asia, according to co-organizer Taiwan External Trade Development Council (TAITRA), whose partner is the Taiwa...
TBI Motion Technology Co., Ltd. Chairman C.K. Lee says the company, one of Taiwan’s leading manufacturers of linear motion systems for precision machinery, will generate consolidated revenue of up to NT$6 billion (US$193.54 million) yearly soon after its new plant in Sulin, northern Taiwan, starts volume production in Q2, 2015. The company has invested NT$3 billion (US$96.77 million) in the p...
