A 3D-printing alliance has been formed in a bid to explore the booming technology and stake a larger share of the global market, the Industrial Technology Research Institute (ITRI, 工研院) said.
The ITRI pushed for the alliance by organizing several local 3D-related technology development groups, such as the Additive Manufacturing Association of Taiwan, the Taiwan Mold and Die Industry Association, and the Chinese Industrial Designers Association, to cover the upstream, midstream and downstream segments of the market.
The ITRI said that the alliance is expected to bring the technology to a wide range of applications, such as musical instrument production, auto parts manufacturing, artificial limb development and lighting device production, to seize growing business opportunities.
Citing an estimate by US-based advisory firm Wohlers Associates Inc, the institute said that global 3D-printing market sales totaled US$5.16 billion last year, up 26 percent from a year earlier, with the world’s leading 3D printing firms — EOS, SLM Solutions, Arcam and Concept Laser — posting sales increases of more than 35 percent.
Wohlers, which provides consulting services in 3D-printing technology development, expects sales to hit US$20 billion by 2020.
The ITRI is encouraging Taiwanese firms to speed up their 3D-printing development in molding, aviation and medical equipment manufacturing.
Tsao Fang-hai (曹芳海), head of the institute’s laser application center, said that the ITRI has laid a strong foundation in fused deposition modeling, powder bed fusion and laser metal deposition, which could become good tools for the local 3D printing industry to use in rolling out more hardware and software applications.
Tsao said that Taiwan boasts strong information and communications technology and a creative and thriving services sector, setting a solid growth base for the 3D-printing industry.
Tsao added that through the alliance, Taiwanese 3D-printing technology developers are expected to work together in cross-industrial applications.
In a ceremony to mark the establishment of the alliance, the ITRI and 19 other Taiwanese 3D-printing technology developers, such as Starmen Opto-Electronics Co (中詮微動) and Tongtai Machine & Tool Co (東台精機), also showcased their products.
Gogoro Inc (睿能創意) yesterday launched its first electric bicycle, the Gogoro Eeyo 1, in Taiwan, after unveiling the bike in New York in late May and in France on Tuesday. The company said it would also introduce the series in other European countries such as Germany and the Netherlands. The “Eeyo project” is the fourth of Gogoro’s eight projects that concentrate on smart transportation, which includes Gogoro’s electric scooter, battery swap system and electric scooter sharing service, company founder and chief executive officer Horace Luke (陸學森) told a media briefing in Taipei. “There are various types of city commuters. We will not
With the US dollar expected to weaken in the next 12 months due to near-zero interest rates, investors should consider purchasing US corporate bonds, Standard Chartered Bank Taiwan Ltd (渣打台灣銀行) said on Thursday. The bank said that the US Federal Reserve since last month has been buying bonds issued by US companies to curb default rates. The US dollar is forecast to be weaker against the pound, the euro and the yen, as well as the Canadian dollar, the Swedish krona and the Swiss franc, as the greenback lacks high investment returns after the Fed in March slashed the benchmark interest rate
BAD RAP: The exchange said Tatung had seriously breached shareholders’ rights and failed to give a satisfactory explanation of its board election dispute Tatung Co (大同) shares yesterday plunged by the maximum daily limit of 10 percent to NT$18.90, the lowest in three months, after the Taiwan Stock Exchange (TWSE) on Tuesday evening changed the company’s classification to a full-delivery stock effective tomorrow. The TWSE’s move follows the company’s failure to give a clear and satisfactory explanation of why it deprived dozens of shareholders of their voting rights during a board election at the annual shareholders’ meeting on Tuesday morning. Under the exchange’s regulations, investors are not allowed to engage in margin trading of a full-delivery stock, TWSE spokeswoman Rebecca Chen (陳麗卿) told
SIZE MATTERS: Medium-sized hotels that do not have the support of parent groups are more vulnerable and are forced to take action, a REPro Knight Frank researcher said About 50 hotels across Taiwan are seeking to exit the market as they succumb to the bleak business outlook amid international travel restrictions imposed to combat the COVID-19 pandemic. Yomi Hotel (優美飯店) on Minsheng E Road, Sec 1, in Taipei is seeking to transfer ownership with an asking price of NT$950 million (US$32.15 million) and a pledge for a lease contract that guarantees a 3 percent return. The budget hotel, with room rates that start from NT$1,400 per night, maintains normal operations, but has been struggling since March, when the government placed restrictions on inbound and outbound travel. Occupancy rates for hotels in