With local exhibitors making up a small minority at Mediphar, this year's annual medical supply and equipment trade fair in Taipei, questions are being raised about the event's benefits.
The fair is currently underway at the Taipei World Trade Center and ends Nov. 14.
"There are twenty wheelchair manufacturers in Taiwan, but only three of them are here," said an employee of a show organizer.
"Local manufacturers don't want to come because there are no foreign buyers, and foreign buyers don't come for the same reason," he said.
Local manufacturers have in the past excelled at supplying low-tech products such as wheelchairs, hospital beds and prosthetic limbs.
Over the past few years, the show has been schizophrenic in character, unable to decide whether it should focus on imports or exports.
This split personality is evident in the perplexing demographics of this year's show. Of the 190 exhibitors, just 20 are counted as foreign and 67 are considered to be local.
But what about the remaining 103?
As it turns out, most of them are local distributors for foreign brands. Their purpose in coming to Mediphar is to promote their brands to Taiwan's medical community.
"We get to talk to a lot of doctors and hospital purchasing officers," said Chen Jin-yi, of Stellar, a distributor for several types of Japanese and Korean-made X-ray machines. "Taiwan is a liberalized country, so there is a lot of competition."
Also, because Mediphar coincides with the annual convention of the Formosan Medical Convention, there are always lots of doctors on hand.
Last year's event attracted more than 3,000 local physicians. When these doctors come, they are mostly interested in foreign goods.
Last year, the industry's total output came to around NT$12 billion, about 65 percent of which was for export. In the recession year, export totals held firm at NT$7.8 billion, roughly the same as during 1997.
Meanwhile, local market demand for medical supplies and equipment came to NT$20 billion in 1998, about 80 percent of which was satisfied by imports.
These medical imports consist of a wide array of products, from pharmaceuticals that are better accomplished by economies of scale, to hospital equipment from the US, Germany, Japan and Korea.
X-ray machines, respirators, magnetic image resonance machines, and ultrasound scanners are all examples of premium quality products which Taiwan must import.
However, Taiwan's ITRI (Industrial Technology Research Institute) is trying to move up the technological ladder by moving into ultrasound. The government-supported development center has come up with a PC-based ultrasound system, which promises to be a scaled-downed portable unit that can be used in ambulances and other types of emergency medical treatment.
"This would be Taiwan's first self-developed ultrasound device," said Ihyuan Kuo, manager of ITRI's ultrasound technology depart-ment. "It's just as good as any other system at a comparable level of technology. First we want to get it a little smaller, then we will work on how to produce it. So far, we have worked with one small company for production, but they couldn't make it," he said.
Anna Bhobho, a 31-year-old housewife from rural Zimbabwe, was once a silent observer in her home, excluded from financial and family decisionmaking in the deeply patriarchal society. Today, she is a driver of change in her village, thanks to an electric tricycle she owns. In many parts of rural sub-Saharan Africa, women have long been excluded from mainstream economic activities such as operating public transportation. However, three-wheelers powered by green energy are reversing that trend, offering financial opportunities and a newfound sense of importance. “My husband now looks up to me to take care of a large chunk of expenses,
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday signed a letter of intent with Alaska Gasline Development Corp (AGDC), expressing an interest to buy liquefied natural gas (LNG) and invest in the latter’s Alaska LNG project, the Ministry of Economic Affairs said in a statement. Under the agreement, CPC is to participate in the project’s upstream gas investment to secure stable energy resources for Taiwan, the ministry said. The Alaska LNG project is jointly promoted by AGDC and major developer Glenfarne Group LLC, as Alaska plans to export up to 20 million tonnes of LNG annually from 2031. It involves constructing an 1,290km
NEXT GENERATION: The company also showcased automated machines, including a nursing robot called Nurabot, which is to enter service at a Taichung hospital this year Hon Hai Precision Industry Co (鴻海精密) expects server revenue to exceed its iPhone revenue within two years, with the possibility of achieving this goal as early as this year, chairman Young Liu (劉揚偉) said on Tuesday at Nvidia Corp’s annual technology conference in San Jose, California. AI would be the primary focus this year for the company, also known as Foxconn Technology Group (富士康科技集團), as rapidly advancing AI applications are driving up demand for AI servers, Liu said. The production and shipment of Nvidia’s GB200 chips and the anticipated launch of GB300 chips in the second half of the year would propel
‘MAKE OR BREAK’: Nvidia shares remain down more than 9 percent, but investors are hoping CEO Jensen Huang’s speech can stave off fears that the sales boom is peaking Shares in Nvidia Corp’s Taiwanese suppliers mostly closed higher yesterday on hopes that the US artificial intelligence (AI) chip designer would showcase next-generation technologies at its annual AI conference slated to open later in the day. The GPU Technology Conference (GTC) in California is to feature developers, engineers, researchers, inventors and information technology professionals, and would focus on AI, computer graphics, data science, machine learning and autonomous machines. The event comes at a make-or-break moment for the firm, as it heads into the next few quarters, with Nvidia CEO Jensen Huang’s (黃仁勳) keynote speech today seen as having the ability to