Taiwan Machine Tools Open Platform at EMO 2023
Taiwan Machine Tools Open Platform shines at EMO Hannover 2023
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As the world's largest machine tool exhi-
bition, EMO Hannover 2023, kicked off
on September 18th in Germany, Taiwan's
Smart Machinery Overseas Promotion
Project, organized by the Bureau of Fore-
ign Trade, Ministry of Economic Affairs,
and executed by the Taiwan External Tra-
de Development Council (TAITRA), hos-
ted a press conference and panel discussi-
on on the same day on-site. High interest
was focused on how Taiwan's machine to-
ol industry approaches semiconductor,
electric vehicle, and sustainable energy in-
dustries, further highlighting Taiwan's ro-
bust R&D capabilities and compact indu-
strial supply chain advantages.
Taiwan's Supply Chain Takes
the Initiative to Capture
Global Attention d
In 2022, Taiwan's machine tool output va-
lue reached approximately US$3.93 billi-
on, ranking seventh in the world, with an
export value of US$3 billion, ranking fifth
globally. As EMO Hannover returned to
the stage, Simon Wang, the President &
CEO of TAITRA, led the Taiwan Smart Ma-
chinery press conference event, joined by
leading organizations in Taiwan's machi-
ne tool industry, including the Taiwan As-
sociation of Machinery Industry (TAMI),
Taiwan Machine Tool & Accessory Buil-
ders' Association (TMBA), Taiwan Cutting
Tool Engineering Association (TACEA),
Elegant Female Leaders in Machinery In-
dustry (ELIMI), and the Taichung City Go-
vernment, where the industrial cluster is
located.
During the panel discussion, these lea-
ders conveyed Taiwan's capabilities in
meeting the diverse needs of various ap-
plication fields. For instance, in the semi-
conductor sector, Taiwan can supply
advanced processes as well as essential
peripheral equipment for chip production.
After years of experience with foundries li-
ke TSMC, Taiwanese suppliers can meet
international demand for both direct and
indirect processes, with companies such
as Tongtai, Quaser, FFG, HIWIN, and mo-
re. In response to the rapidly growing de-
mand for electric vehicles, Taichung has
become a hub for key electric vehicle
components, forming a comprehensive
electric vehicle industry chain covering
parts, modules, system integration, and
even complete vehicles. Well-known elec-
tric vehicle brands, including Tesla, have
chosen several Taichung manufacturers
as their supply chain partners.
Global Market
and Supply Chain Advantages d
The panel also revealed Taiwan's global
market strategies and smart manufactu-
ring capabilities developed in recent years
amidst an unstable economy and increa-
sed labor market uncertainty. "Under the
trend of supply chain relocation, diversify-
ing markets is a necessary task for Taiwan's
machine tool industry," said Patrick Chen,
Chairman of TMBA. He emphasized that
Over 46 international media and 30 global buyers and agents participated
in Taiwan's International Press Conference on September 18th to discover
the latest developments in Taiwan's global trends.
Taiwan Machine Tools
Open Platform Shines
at EMO Hannover 2023