TIMTOS 2013: One of the greatest exhibitions in Asia

The Taipei International Machine Tool Show in 2013 will be one of the greatest exhibitions in Asia about machine tools. It is held after JIMTOF and TMTS in Taichung. Hence with experiences gained from those exhibitions, TIMTOS exhibitors are better in presenting their goods.  Meanwhile , international buyers are also looking forward to the exhibition. This time the organizer estimates that there will be 43,500 visitors, including 5,500 foreign visitors and 38,000 domestic visitors. In a press conference before the exhibition, Director Lu Guodong expressed certain points to the media as below.

During 2011, the manufacturing of machine tool productions remained high. Machine tool productions of the USA, Germany, Taiwan, and Japan are better than 2010. Comparing to 2010, machine tool production of Taiwan, specifically speaking, were growing at about 24% in 2011 and both domestic and foreign customers contributed to this growth. The production value was 5.04 billion USD and exportation was valued at about 4 billion, which was a 35.1% growth, comparing to 2010. According to latest statistics, during 2012 from January to October, Taiwanese machine tool exportation reached around 3.6 billion. Comparing year-on-year, the number indicated a 9.2% growth.

Until now, we are all under the threat of European economic crisis.  As a result, orders from abroad during the fourth season regarding machine tools were mainly urgent orders or temporal orders, which challenged Taiwanese manufacturers’ competence and potentiality on improvising. Our main challenges for 2012 were, firstly the cost issue, which was caused by the raise of prices of oil and electricity. Exchange rate between NTD and USD was also an importation issue impacting our exportation.

Further, tariff duties exemption between South Korea and the USA and EU also impacted Taiwanese manufacturers. CEPA between South Korea and India also affected India’s importation of Taiwanese machines. These difficulties greatly affected our exportation to the world.

Beside the above-mentioned difficulties, the world’s economy further aggravates the situation. Now we have to develop excellent products better than our competitors, otherwise, there is no other way to survive. TIMTOS 2013 is the best exposure for everyone to exhibit machines.

Taiwanese corporations have to cling to this flow and contact international buyers. We shall treasure this opportunity to show our improvising capability and advantageous solutions to the world. Companies must hold this clustering effect tightly and prevail over those difficulties. Further, the innovation campaign of TIMTOS received 61 registrations this time round, which indicated that there would be lots of new innovations on the show. This will be a spectacular show in Taiwan.