Tainan, Taiwan — Taiwanese machinery makers are using Industry 4.0 technology as part of an effort to grow their sales base in Europe.
At K 2019 in Düsseldorf, Germany, the Taiwan External Trade Development Council (TAITRA) consolidated offerings from 48 different companies while another 50 companies were featured at other booths.
"We will show machines in line with 4.0 trends by combining robotic arms, data analysis, cloud computing and internet of things," Walter Yeh, president and CEO of TAITRA, said in May during a week long effort to promote smart machinery in the country. TAITRA organized the tour that featured more than 10 companies in several sectors.
"Taiwan has world-class innovations and technologies," he added.
The island country of just 23.5 million residents is a powerhouse of machine building. The country had US$1.17 billion of plastics and rubber machinery exports in 2018. That's up a tick from the $1.16 billion reported in 2017. Companies in the country exported a total of 27,582 units, and it is the fifth-largest exporter of plastics machinery in the world. Its top export markets are China and the United States.
Alex Ko, chairman of Taiwan Association of Machinery Industry, said 95 percent of Taiwanese machine builders are small- to medium-sized companies. And this small nature has allowed them to work together with many supplying parts and technology to machine manufacturers. The country has dubbed the area around the city of Taichung as the "golden corridor" because of all the companies clustered near one another.