Taiwan Association of Machinery Industry (TAMI) reported Taiwan's machinery exports saw a four-month-consecutive growth as of December 2020, signaling a rebounding industry. However, TAMI also pointed out that the rebound is still stunted by a shortage of global shipping containers, causing delay and blockage at ports. The unstable Taiwan Dollar fluctuating more than usual has also limited the...

The virtual Taiwan International Machine Tool Show (TMTS Virtual) kicked off on Nov. 10 after organizers canceled the 6th edition offline version (TMTS2020) due to the COVID-19 pandemic. TMTS Virtual would be the world's first machine tool expo hosted in a digital 3D virtual format. Organized by the Taiwan Machine Tool & Accessory Builders' Association (TMBA), TMTS 2020 has 719 exhibitors on d...

Taiwan's only professional fastener expo is slated to return to Kaohsiung on Sept. 1 to 3 in 2021. The show aims to showcase its most comprehensive fastener production chain, spanning across central and southern Taiwan, to entice international buyers. Show organizer implementer Taiwan External Trade Development Council (TAITRA) expects to see 20,000 domestic and international buyers at Fastener T...

In an unprecedented event in modern history, the COVID-19 crisis has ignited firms to pursue new approaches to overcome restricted mobility, teleworking challenges, and disrupted production chains. In keeping with the theme of innovation and digitalization, the following two fastener firms are examples of what companies can achieve when they prioritize innovation and forward-looking planning. ...

Demand for EUV equipment has increased as Samsung is seeking to catch up to TSMC, buoying suppliers like Gudeng Precision and Marketech (MIC). MIC is regarded by local media as the potential winner here, as the firm currently supplies EUV mask package boxes for both TSMC and Samsung. Gudeng has acquired ASML-certification for its EUV mask package boxes, making up at least 70% of the market...

The Taiwan High-Speed Rail Corporation (THSR) has sought to localize rail parts production, reporting substantial results in recent years, according to local media on Tuesday. Much of Taiwan's railroad industry has relied on importing parts. THSR's initiative would help lower procurement and import costs by keeping production and procurement within Taiwan. THSR reported a successful collabo...

LCD panel maker Innolux's LC extraction recycling system is the first of its kind and was awarded among the top sustainability firms in Taiwan. General Manager Chu-Hsiang Yang pledged they would allow other industry firms to use the system as well. Innolux is also seeking to expand its operations outside the traditional areas for panels; subsidiary InnoCare Optoelectronics, producing X-ray ima...

With the U.S. presidential election projecting a win on the Biden-Harris ticket, the Taiwan Association of Machinery Industry (TAMI) believes regardless of the result, the American's manufacturing policies will still favor Taiwan's industry. TAMI Chairman Alex Ko, speaking to Taiwan's state-backed Central News Agency, pointed out that American policies are still likely to buoy Taiwan's machine...

Taiwan's machinery industry is seeing signs of recovery, said Taiwan Association of Machinery Industry (TAMI) Chairman Alex Ko, as outbound orders finally saw positive growth after six consecutive months of decline. The sector began struggling in March as pandemic restrictions came into effect globally; Ko pointed out outbound orders started to rise in September, suggesting a tentative rebound...

As one of the harder-hit industries in Taiwan, the ITRI ​​Industrial Economics and Knowledge Center predicts next year's machine tools to make a rebound with an annual 8% growth. The center also named growth from electric vehicle sales as a significant contributor to machine tools and models' rising demand in 2025. The center's manager Harrison Hsiung made the remarks at the 2021 IEK Machiner...