Page 8 - 2020 英文版 名廠巡禮
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Taiwan machinery industry was devoting to the development of intelligent manufacturing,
                            President Ms. Ying-Wen Tsai was invited to visit the exhibition and she was cheer for all
                            the people.


                  The chairman of the Taiwan Machinery Association, Mr. Pa-Hsi KO, believes that the main supply chains of the
                  machinery industry are in Taiwan, and the impact of COVID-19 is relatively small. In particular, this year there
                  are a lot of benefits including the settlement of the U.S.-China trade war, the take-off of emerging technology
                  industries such as 5G and AIOT, the launch of innovative business models for intelligent machinery, and the
                  fermentation of investment effects at overseas second production bases. Cooperate with Taiwan businessmen
                  to expand investment back to Taiwan, to stay in Taiwan, and to increase investment in small and medium-sized
                  enterprises. The prosperity of the machinery industry is expected to pick up at the latest in the second half of the
                  year, and the value of production and export in 2020 still has the opportunity to grow by 5 to 10%.

                  Comparing to the chairman Mr. Pa-Hsi KO’s view points, other presidents of major machinery factories and
                  industry veterans were interviewed by the media, they also look forward to the industrial prosperity after the end
                  of the COVID-19. It is believed that machinery exports and production values will gradually increase in this year,
                  and the second half will be higher than the first half.

                  The president of HIWIN Technologies Group, Mr. Yong-Cai ZHUO said, the U.S.-China trade war has prompted
                  companies should been moved to Southeast Asia, especially in Vietnam, where land purchases and factories
                  are most obvious. In addition, Taiwan businessmen are also enthusiastic about investing in Taiwan. It is expected
                  that they will move in the second half of the year. And as mainland machine tool manufacturers have begun to
                  transform and upgrade, they are actively developing four-axis and five-axis machining center machines. A large
                  silver torque motor equipped with an AC rotary platform researched and developed by HIWIN Technologies
                  Corp., it will come in handy. It is expected that a large number of shipments will be made in 2021, which will
                  drive the future revenue and profitable growth of the two companies, HIWIN Technologies Corp., and HIWIN
                  MIKROSYSTEM Corp.

                  It is worth watching that the investment in Taiwan firms recently counted about NT$ 16 billion in equipment
                  investment requirements for Taiwan businessmen salmon returning home. The Industrial Bureau of the

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