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
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...