Welcome!

News Feed Item

Taiwan to Showcase Machine Tool Innovations at IMTS 2014

World's 4th Largest Exporter of Machine Tools Will Be Represented by More than 80 Companies; Press Conference & Panel Discussion Will Take Place Sept. 10

CHICAGO, Sept. 4, 2014 /PRNewswire/ -- As the world's fourth largest exporter of machine tools, Taiwan will have a major presence at the 2014 International Manufacturing Technology Show (IMTS) running Sept. 8-13 at Chicago's McCormick Place. More than 80 companies from Taiwan will be exhibiting, and executives from some of the country's leading machine tools and accessories builders will present their latest products, innovations and insights on industry trends at a press conference and panel discussion at the show on Wednesday, Sept. 10. The event – "Taiwan Machine Tools Shaping the Future" - is scheduled from 1:30-3 pm in the South Building-Level 4, Conference Room S402.

Topics to be covered at the press conference and panel discussion include:

  • Winners of the Taiwan Machine Tools Industry awards for excellence in innovation
  • Key machine tool trends in aerospace, automotive and other industries
  • Taiwan's contributions to those trends

The moderator will be Alan K. Lu, Executive Director/Chairman, Machine Tools Committee of the Taiwan Association of Machinery Industry (TAMI) & Kent Industrial Co., Ltd. Panelists will include Brian Arcari, President, YCM Americas Inc.; James Huang, Manager, TONGTAI Machine & Tool Co., Ltd.; Randy Ragnini, Director of Sales, Toyoda Machinery USA; and others.

The event is organized by the Bureau of Foreign Trade and implemented by the Taiwan External Trade Development Council.

TAIWAN'S MACHINE TOOL INDUSTRY is helping solar energy plants, major semiconductor manufacturers, panel industries, multinational car makers and many others innovate and increase their competiveness through advanced machine tool products. Nearly 80% of the total machine tools output last year was exported to over 138 countries. In 2013, Taiwan had total machine tool exports of more than US$3.5 billion and total machine tool component exports of more than US$1 billion. The U.S. is the second largest export market for Taiwan machine tools after China/Hong Kong, followed by Thailand, Turkey, Germany, Indonesia, South Korea, Malaysia, Russia and the Netherlands.

In 2013, exports of Taiwan-made lathes and turning machines to the U.S.  reached US$1.187 billion. Taiwan also supplied 10.93% of the total U.S. machining center requirements, valued at some US$141.42 million. Machining centers ranked third in Taiwan-to-U.S. machinery exports.

In the area of machine tools, Taiwan shipped US$418.79 million worth of goods to the U.S. in 2014 with continued growth in 2014. That included US$236 million in U.S.-bound machine tool shipments in the first seven months of 2014, up 5.2% over the same period in 2013; and US$45 million worth of machine tools in July 2014 alone, a remarkable 63.7% increase over the previous July.

The industry's growth is being driven in part by world-class industry clusters in the country's Golden Valley, which is home to more than 1,000 precision machinery manufacturers and upwards of 10,000 downstream suppliers that employ more than 300,000 people. With an annual output of $3 billion, the Golden Valley has the highest output value per unit area and the highest density of any machine tool industry cluster in the world.

About Taiwan External Trade Development Council (TAITRA)

The Taiwan External Trade Development Council was founded in 1970 to promote Taiwan's foreign trade and competitiveness in world markets. Over the past 40 years, TAITRA has played a key role in the development of the Taiwan economy. TAITRA is jointly sponsored by the government and commercial associations and is viewed by all as the business gateway to Taiwan for the international business community. Please visit http://www.taiwantrade.com.tw/ for more information.

SOURCE Taiwan External Trade Development Council

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
SYS-CON Events announced today that Tintri, Inc, a leading provider of enterprise cloud infrastructure, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Tintri offers an enterprise cloud platform built with public cloud-like web services and RESTful APIs. Organizations use Tintri all-flash storage with scale-out and automation as a foundation for their own clouds – to build agile development environments...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...