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T A I W A N B u s i n e s s . E U l services l production l support

Taiwan Machine Tools

Open Platform Shines

at EMO Hannover 2023

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.

As the world's largest machine tool exhibition, EMO Hannover 2023, kicked off

on September 18th in Germany, Taiwan's

Smart Machinery Overseas Promotion

Project, organized by the Bureau of Foreign Trade, Ministry of Economic Affairs,

and executed by the Taiwan External Trade Development Council (TAITRA), hosted a press conference and panel discussion on the same day on-site. High interest

was focused on how Taiwan's machine tool industry approaches semiconductor,

electric vehicle, and sustainable energy industries, further highlighting Taiwan's robust R&D capabilities and compact industrial supply chain advantages.

Taiwan's Supply Chain Takes

the Initiative to Capture

Global Attention

d

In 2022, Taiwan's machine tool output value reached approximately US$3.93 billion, ranking seventh in the world, with an

export value of US$3 billion, ranking fifth

T+T T e c h n i k a a t r h 6 / 2 0 2 3

globally. As EMO Hannover returned to

the stage, Simon Wang, the President &

CEO of TAITRA, led the Taiwan Smart Machinery press conference event, joined by

leading organizations in Taiwan's machine tool industry, including the Taiwan Association of Machinery Industry (TAMI),

Taiwan Machine Tool & Accessory Builders' Association (TMBA), Taiwan Cutting

Tool Engineering Association (TACEA),

Elegant Female Leaders in Machinery Industry (ELIMI), and the Taichung City Government, where the industrial cluster is

located.

During the panel discussion, these leaders conveyed Taiwan's capabilities in

meeting the diverse needs of various application fields. For instance, in the semiconductor sector, Taiwan can supply

advanced processes as well as essential

peripheral equipment for chip production.

After years of experience with foundries like TSMC, Taiwanese suppliers can meet

international demand for both direct and

indirect processes, with companies such

as Tongtai, Quaser, FFG, HIWIN, and more. In response to the rapidly growing demand 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 electric 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 manufacturing capabilities developed in recent years

amidst an unstable economy and increased labor market uncertainty. "Under the

trend of supply chain relocation, diversifying markets is a necessary task for Taiwan's

machine tool industry," said Patrick Chen,

Chairman of TMBA. He emphasized that