Will the Western players fear the little island’s ambitions?
Is the Taiwanese Touch the beginning of a new trend in the industry? Taiwan is the world’s 6th manufacturer and the 5th exporter of machine tools. Seventy-five percent of machine-tools made in Taiwan are exported.
At IMTS, the International Manufacturing Technology Show that took place last month in Chicago, Taiwan was a major exhibitor. More than a hundred Taiwanese companies showcased new smart manufacturing solutions – from Internet of Machine Tools to virtual reality for production planning, and promoted their great quality for lower cost. Is this a reason for traditional Western players to worry?
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