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Taiwan’s machine tool exports dip amid global challenges
Explore the impact of geopolitical risks, trade frictions, and inflationary rate hikes on Taiwan’s machine tool exports in April, as reported by the TMBA, with a significant decline in export value compared to the previous year and the preceding month, highlighting the global economic challenges faced by the industry.2024/05/09 17:14 -
Lai Ching-te to boost economy with industry exchanges
President-elect Lai Ching-te plans to boost Taiwan’s industrial development by engaging with key industries like machine tools and machinery. He aims to collaborate with the Ministry of Economic Affairs to promote economic growth post-inauguration. Lai has already visited various industries and emphasized the importance of the machinery sector in Taiwan’s economy.2024/04/02 17:07 -
Taiwan aims for global leadership in machine tool industry
Vice President Lai Ching-te commends Taiwan’s machine tool industry for its technological innovation and commitment to net-zero and digital transformation at the 2024 Taiwan International Machine Tool Show. Taiwan stands out globally for its high-end machine tool production and comprehensive industry showcased at the annual event. The government aims to strengthen Taiwan’s position as a high-end machine tool manufacturing country and rebuild a reliable supply chain with democratic allies amidst global changes. Vice President Lai also advocates for AI industrialization to attract international investment and drive innovation across all industries in Taiwan.2024/03/28 16:55