Taliang Technology Company Limited CEO Wang Zuo-ing during his presidential speech stated that in 2017, the market for equipment in Taiwan’s technology industry reached NT$515.7 billion, and the output value of Taiwanese high-tech equipment (excluding components) had reached NT$168 billion. This is a 30% increase from 2016; however, if components are also calculated, the output value of Taiwanese electronics equipment reached NT$291.7 in 2017, which is an 18.3% increase over 2016. There are approximately 33,000 employees in the industry, and it is estimated that in the output value will be able to reach NT$321.4 billion in 2018, which is an estimated increase of 10.2% over 2017.

He also pointed out that they are optimistic that in the coming few years the Taiwanese electronics equipment industry will experience continual development, and hopefully they will be able to play the role of a leading industry in the government’s development of smart machinery, driving Taiwanese precision machinery, and the entrance of equipment processing and related components industries into the domain of high-tech equipment. He also hopes that it will play an important role in promoting industry upgrades in the domain of Taiwan’s smart machinery.

TEEIA commented that governments of countries around the world are making high-tech industrial equipment the key to industrial development, and all star industries will experience corresponding booms in prosperity with industries transferring and growing to maturity. Nevertheless, equipment for high tech industries has the capacity to continually grow and be cultivated and can play an important role as a leading industry in driving the upgrading of the smart machinery industry.

(TR/ Phil Sweeney)