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Taipei, April 14 (CNA) Taiwan’s manufacturing sector posted year-on-year sales growth for a fifth consecutive quarter in the final quarter of 2017, bolstered by continuing improvement in the global economy, according to the Ministry of Economic Affairs (MOEA).
The Hiwin Group and Mitsubishi Electric recently showcased a co-developed integrated solution for factory automation at the China CNC Machine Tool Fair (CCMT) 2018 in Shanghai during April 9-13.
Sourcing Taiwan 2018 was orchestrated by TAITRA and held at Taipei Nangang Exhibition Center on March 22nd. A total of 202 international buyers from 53 different countries were invited to conduct 2,110 one-on-one meetings with 827 Taiwan’s Taiwanese counterparts. Based on survey feedback from the participants, 95.9% of the respondents were satisfied with the event. In addition, the activities enabled individual buyers to locate an average of 5.5 potential Taiwanese suppliers.
The Taiwan External Trade Development Council (TAITRA) is planning to hold a smart city fair in the city of Taichung before the end of August to promote business opportunities in the “blue ocean" emerging sector by local enterprises.
Taiwan’s machinery industry is moving to challenge the goal of NT$2 trillion (US$68.46 billion) in annual production value by stepping up the development of smart system integrating robots, sensors, connected machines, and big data applications.
Taiwan’s economics ministry has released a set of blueprints for promoting the development of smart machinery.
Seeking to make the country the world’s research and manufacturing center for intelligent machinery and related high-end equipment parts and components, the blueprints focus on the integration of domestic precision machinery manufacturing capabilities with advanced ITC technologies.
Taipei, March 6 (CNA) The Taiwan External Trade Development Council (TAITRA) has set up 11 overseas business centers so far this quarter, boosting the number to 30, the government-sponsored trade group said Tuesday.
TAITRA said it will open another center in India’s New Delhi later this year.