The COVID-19 pandemic impact on the world's supply chain has renewed putting more value into the manufacturing industry in Taiwan, industry experts said at the Industry Summit Seminar hosted by the Economic Daily News on Wednesday. The collective agreement among industry experts sitting on the "Key Strategies in Intelligizing Production Chains" panel was that Taiwan's manufacturing sector shou...

Another four Taiwanese firms were green-lighted by the Ministry of Economic Affairs to expand investment to move overseas back to the island on Thursday. Two firms slated to move factories back to Taiwan are Chenbro Micom and Sander Electronic; the other two are set to keep operations on the island, including China Petrochemical Dev and golf-ball maker Launch Technology. Together, the firms ar...

Hota Industrial Chairman Shen Kuo-jung predicted a dire outcome for Taiwan's smaller machine tool firms should the global pandemic, and U.S.-China trade tensions fail to settle down by summer next year. For Taiwan's machine tool industry, Shen said, "there would be a reshuffling and elimination of smaller industry players." However, he also believed those circumstances were favorable for the l...

The push to connect Taiwan's smart manufacturing and smart machinery industry globally, become Asia's high-end production hub, and strengthen ties with Japan, was on the table over a remote smart manufacturing forum on Sept. 3. Taiwan's Smart Machinery Promotion Office, Taiwan Electronic Equipment Industry Association, and Kumamoto Industrial Federation hosted the 2020 4th Taiwan-Japan Smart M...

An 89-member Czech delegation led by Senate President Miloš Vystrčil made a visit to ITRI today in Hsinchu, where the delegation will learn about ITRI’s accomplishments in biomedical and pandemic prevention technologies, groundbreaking innovation-oriented R&D, and industrialization of research results. ITRI is the only R&D organization that Senate President Vystrčil has visited during his stay, w...

Ministry of Economic Affairs officials regard the concessions on U.S.-imported pork and beef would ease the path towards negotiating future trade agreement pacts. For the signing of trade agreements like a bilateral trade agreement (BTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Economics Minister emphasized the need to allow U.S.-imported pork ...

Discussing the COVID-19 pandemic’s impact on Taiwan’s tool machine industry, Taiwan Association of Machinery Industry (TAMI) Chairman Ko Pa-hsi said the “current orders are all effective, just delayed.” Once the pandemic ends, he forecasts a surge of order growth in the latter half of 2020 or next year. Ko stressed that the machinery industry’s future shows the rise of “decentralized production h...

Ever since founded in 1977, Feng Tien Electronic Co., Ltd. has been engaged in production of plastic surface electronic processors and static eliminators, it can target special difficult PE, PP, PET, PS films, paper, and relatively difficult plating films and PP, PS, PE , PET sheet to do effective discharge treatment, according to various plastic machinery design. Following over 40 years of de...

By Wang Cheng-Ching (TAMI Association Affairs Consultant)Translated by Chao Ting-Yu 1. Machinery Equipment Exports In Jan. 2020, Taiwan saw a slump in its machinery exports. Outbound value was reported at USD$2.05 billion, a -15.4% growth compared to the growth in the same period as last year. In Taiwan dollars, export value was at TWD$61.5 billion, a -18% growth compared to the same period...

By Huang Hsiao-Ting (Taiwan Machine Tool & Accessory Builder’s Association) Translated by Chao Ting-Yu The world’s economy saw huge turbulance last year due to the U.S.-China trade war, with tariffs becoming an important negotiation tool, and severely impacted Taiwan, as it is an export-oriented economy. Despite the first-stage talks at the end of 2019 between China and the U.S. that would hav...