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.
Taiwan’s machinery exports climbed 21.1 percent year on year to an all-time high of US$25.6 billion in 2017, according to the latest statistics by the Ministry of Finance and Taiwan Machine Tool and Accessory Builders Association (TMBA).
The Taiwanese government is currently promoting a policy for industrial innovation. With smart manufacturing being one of the pillars of the policy, many Taiwanese machine tool makers and aircraft manufacturers are onboard with the government’s economic vision and are invested in the development of new smart-manufacturing technologies.
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 by integrating domestic precision machinery manufacturing and advanced ITC technologies.
Leading machinery automation company Tongtai and motorcycle manufacturer KYMCO recently announced a major partnership to build the first smart production lines in Taiwan that manufacture various motorcycle components.