Gardner Research published its rankings for the top machine tool producers, importers, and exporters in 2017 by country in its latest issue. With the rising demand from China for midrange products and automated manufacturing cells, Taiwan’s annual output value reached USD4.29 billion, ranked the 7th in the world, and annual export value reached USD3.35 billion, once again ranked the 4th largest exporter in the world. The consumption of machine tool in Taiwan reached USD1.78 billion in 2017 ranked the 9th in the world, while annual import value was USD840 million.
While machinery production has become Taiwan’s third industry with annual production value of over NT$1 trillion (US$32.67 billion) in 2017 after going smart, the IoT (Internet of Things) industry is likely to become the country’s fourth industrial sector to achieve so, according to Taiwan president Tsai Ing-wen.
Taipei, June 27 (CNA) The local economy flashed a green light indicating steady growth for the fourth consecutive month in May, partly on the back of growing exports at a time of solid global demand, the National Development Council (NDC) said Wednesday.
The production value of Taiwan’s machinery industry is expected to grow by 5 percent to 10 percent this year, according to Chairman Alex Ko (柯拔希) of the Taiwan Association of Machinery Industry, who said Wednesday that the industry is aiming for an annual production value of NT$2 trillion (US$66.79 billion) in 10 years.
TAICHUNG, Taiwan – Taiwan International Machine Tool Show (TMTS), hosted by TMBA, held biennially and this year it will be on a large scale in Taichung from November 7th to 11th, 2018.
The show’s chosen motto is “Manufacture Linking • Activate the Future". The smartification of machine tools links the industry to global smart manufacturing trends, enhances the competitiveness of end customers, and taps the capabilities of Taiwanese smart manufacturing in an effort to provide buyers with complete solutions.
Chennai: With the presence of several automobile companies on the outskirts of the city, the need for advanced manufacturing technology was more in the region, an industry official said.
Taiwan’s machinery sector believes the decision by the United States to impose additional tariffs on US$50 billion worth of Chinese goods will not have an adverse impact on Taiwanese machinery makers operating in China.
Cloud-based Computing and Human Capital Increase Taiwan Plastics Production
ORLANDO, Fla. – Taiwan has become one of the world’s leading manufacturers of plastics products. Last year, the country generated more than $1.9 billion in revenue, positioning the country to become …