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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.

Taiwan's machinery exports see first signs of decline in past 20 months</h2>

Taiwan's machinery exports see first signs of decline in past 20 months

Jun 10, 2022

Taiwan Machinery Association announced on Thursday that the export value of machinery and equipment in May this year was marked at USD$2.88 billion, a decrease of 4.5% month-on-month and 1.1% year-on-year results. This is the first decline after 20 consecutive months of growth. The exports to China showed a double-digit decline for three consecutive months, indicating that the industry demand ha...

Next gen EV solutions from TECO on display at Hannover Messe</h2>

Next gen EV solutions from TECO on display at Hannover Messe

May 31, 2022

Due to the impact of the COVID-19 pandemic, the world-renowned industrial show Hannover Messe has finally returned after a two-year hiatus, having kicked off on Monday. TECO Group, together with a European affiliated company Motovario S.p.A., a major Italian reducer manufacturer, jointly exhibited three major themes: "Carbon Neutral Solutions", "Smart Mobility Solutions" and "Smart Manufactur...

Photo credit: UDN

Machine tool orders fall, signal concerns

May 17, 2022

Taiwan Machine Tool and Accessory Builders' Association Hsu Wen-hsien said on Monday that prices for international steel, nickel, copper, and other raw materials have soared, coupled with the uncertainty of the Russian-Ukrainian war, domestic machine tool factories' have seen a recent decrease of orders around 20%. The association has decided to adjust the export forecast of machine tools this ye...

Taiwan's machinery exports make record monthly high in March: TAMI</h2>

Taiwan's machinery exports make record monthly high in March: TAMI

Apr 12, 2022

Taiwan Association of Machinery Industry (TAMI) announced today that the export value of machinery in March was USD$3.157 billion, an increase of 9% compared with USD$2.897 billion in the same period last year. It has grown for 19 consecutive months compared with the same period of the previous year and hit a record monthly high. If calculated in New Taiwan dollars, the value of machinery expo...

Photo credit: UDN/Reuters

US-based EV orders bolster domestic suppliers

Apr 07, 2022

Precision stamping company China Fineblanking Technology (CFTC) reported consolidated revenue of NTD$260 million in March, marking a record-high in the same period. The supplier has said the growth is largely fueled by increasing demand from U.S.-based electric vehicle (EV) companies and expects orders from European brands to buoy revenue growth month-by-month in the first half of 2022. Heavy...

Photo credit: UDN

Steel makers weigh in on new 2050 Net-Zero Carbon Emissions Roadmap

Mar 31, 2022

With the National Development Council (NDC) releasing its 2050 Net-Zero Carbon Emissions Roadmap on Thursday, steel metal providers outlined the potential challenges in the industry under the carbon-neutral era. Steel metal providers pointed out that while it is relatively easier to slash carbon emissions, going neutral is "revolutionary," stressing that it is an inevitable trend. With the in...

Photo credit: UDN

February manufacturing index breaks records in consecutive 25-month stretch

Mar 24, 2022

The Ministry of Economic Affairs said today that in February, the industrial production index was 117.49, with an annual increase of 10.01% due to easing supply chain disruptions and chip shortages. This marks the 25-month consecutive positive growth period, also the second-longest in history. The manufacturing index was 119.76, an annual increase of 10.16%, which set a new high for the same ...

Photo credit: UDN

Consecutive growth in machinery exports under Russia-Ukraine war: TAMI

Mar 10, 2022

According to survey results released by the Taiwan Machinery Association (TAMI) on March 9, nearly 60 machinery manufacturers have been affected since the war between Russia and Ukraine broke out. The initial estimate of the affected orders amounted to more than USD$6.9 million, or approximately NTD$200 million. TAMI Chairman Wei Tsan-wen said that the Russian-Ukrainian war is a global concer...

Taiwanese factories prepare for demand surge in SEA </h2>

Taiwanese factories prepare for demand surge in SEA

Feb 17, 2022

Entering its third year, the COVID-19 pandemic has caused a number of problems among Taiwanese factories operating in Southeast Asia as the countries there suffered through multiple outbreaks, leading to prolonged lockdowns or increased restrictions. For TaiHan Precision Technology, the plastic injection benchmark company pointed out that the coronavirus appears to head towards the endemic st...

What's stopping Taiwan's manufacturing industry from becoming smarter?</h2>

What's stopping Taiwan's manufacturing industry from becoming smarter?

Feb 16, 2022

Originally published in the Economic Daily News by ITRI Aldea AI Collaboration Platform in Mandarin Chinese Translation by Stephanie Chao Editor's Notes: To create hand tools, one must require the equipment to do so. With digital transformation and Industry 4.0 capabilities becoming more and more prevalent across different industries, the incorporation of smart machinery has become a crucial ...