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Taiwan Machine Tools | March 22, 2018

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Siemens and FFG partner for digitalisation strategy

2017-10-27 |

Long-term partnership to integrate enterprise technologies and an open-access, cloud-based IoT operating system for Fair Friend Group’s 90 brands.

Siemens and Fair Friend Enterprise Co. Ltd. Taiwan (FFG) have signed a joint Memorandum of Understanding with the intention of strengthening their long-standing business relationship. The aim of the extended partnership is to consolidate the integration of the Siemens Digital Enterprise Suite across the Taiwanese business and to integrate Siemens digitalisation and automation technologies into FFG’s machine tools and machine tool technologies. Read More

Taiwan: Develop into global manufacturing hub

2017-10-20 |

Dr. Walter Yeh, president, Taiwan External Trade Development Council (TAITRA) shares interesting insights on the current machine tool market in Taiwan.

Taiwan’s president Tsai Ing-wen has ambitions to make the country a global manufacturing hub for intelligent machinery and high-end equipment. What are the initiatives undertaken to achieve this goal? Read More

Siemens Crafting Digitalization Strategy for FFG Machine Tools

2017-10-03 |

Long-term partnership to integrate enterprise technologies and open-access, cloud-based IoT operating system for Fair Friend Group’s 90 brands.

Siemens AG struck a collaboration agreement with Taiwan-based Fair Friend Group to integrate Siemens technologies on the extensive portfolio of FFG machine … Read More

Taiwan dominant at EMO 2017, led by TAMI

2017-09-30 |

Germany/Taiwan – TAMI, Taiwan Association of the Machinery Industry was the largest participant in terms of space at EMO 2017, apart from the European Free Trade Association, the association said.

Altogether, the 187 Taiwanese exhibitors, 180 of whom are members of TAMI, took up 18,250 sq m. at the leading global metalworking fair held recently in Hanover, Germany. Read More

“Smart Dimensions in Shaping New Perspectives in Taiwan Industry” Product Launch & Press Conference at EMO 2017

2017-09-25 |

Hannover–The Taiwan Product Launch at EMO Show 2017 will highlight the technological strengths of Taiwan’s metalworking and machine tool industries. To showcase an assortment of workpieces as well as smart manufacturing products and solutions from Taiwan, the conference will aim to enhance the local machining industry’s competitive edge, especially for the aerospace manufacturing sector. Read More

Taiwan delegation exploring smart manufacturing in Germany

2017-09-22 |

In an effort to explore the essence of Industry 4.0 and promote technical exchanges and cooperation with German tech firms, a Taiwan smart machinery delegation is currently visiting related government units and leading automation firms in Germany, looking to better … Read More

Hiwin delivers optimistic revenue forecast

2017-09-11 |

Machinery maker Hiwin Technologies Co (上銀科技) expects its annual sales to reach NT$20 billion (US$664.3 million) this year, up from last year’s NT$16 billion due to robust customer demand, company chairman Eric Chuo (卓永財) said yesterday. Read More

Tong-Tai Machine Tool Co., Ltd (4526) Is Yet to See Trading Action on Aug 25

2017-08-28 |

Shares of Tong-Tai Machine Tool Co., Ltd (TPE:4526) closed at 20.55 yesterday. Tong-Tai Machine Tool Co., Ltd currently has a total float of 254.83 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 20 and high of 23.7. Read More

Taiwan machine tool industry targets aerospace for growth

2017-08-22 |

Technological change can upend established markets, bringing smaller companies to prominence while giants fall. Just ask Nokia and Ericsson, the Scandinavian companies that once dominated the cell phone market. Richard Chen, chairman of Taiwan-based machine tool manufacturer YCM, says the movement to connect machine tools with computer networks to gain manufacturing insights could be as disruptive as the move from standard cell phones to smart phones – a movement that could carry Taiwan’s tool industry from price-based competition to prominence in the market. Read More

Machine maker Goodway back in the black in Q2

2017-08-16 |

Machine tool maker Goodway Machine Corp (程泰機械) returned to profit last quarter, posting a net income of NT$114.4 million (US$3.78 million) after losses of NT$17.4 million in the first quarter. Read More