The Taiwan Automation Intelligence and Robot Show began at the Taipei Nangang Exhibition Center yesterday, with many exhibitors emphasizing the importance of a “digital transition,” which they said helps manufacturers boost production capacity and quality.
At the exhibition, robotic arms demonstrate their ability to slow operations when they detect humans nearby, which helps prevent accidents, while at another booth, a demonstration shows how logistics systems can decrease the staff required to manage a warehouse.
“The production line of the future will require cooperation between humans and machines,” Qisda Corp (佳世達) business solution group general manager Michael Lee (李昌鴻) said. “The ‘swiping’ generation grew up with smart technology and they are about to enter the manufacturing workforce.”
Photo: CNA
Other exhibitors include machinery maker Hiwin Technologies Co (上銀科技), pneumatic parts maker Taiwan Chelic Corp (台灣氣立), Teco Electric & Machinery Co (東元電機), power and thermal solutions provider Delta Electronics Co (台達電), industrial computer maker Advantech Co Inc (研華), Techman Robot Inc (達明機器人), the Industrial Technology Research Institute and the Ministry of Science and Technology.
The annual show is hosted by the Taiwan Automation Intelligence and Robotics Association and is held as an online/offline exhibition where people can walk the floors in Taipei while people joining online can peruse virtual booths.
At the opening ceremony, Minister of Science and Technology Wu Tsung-tsong (吳政忠) called for his ministry, the Ministry of Economic Affairs and the Ministry of Education to work together to take Taiwan’s trillion-New Taiwan dollar mechanical industry to the next level.
The exhibition is open through Saturday at the Nangang Exhibition Center’s halls 1 and 2.
Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights. The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the price of jet fuel soaring and triggering fears of shortages that could force airlines to cancel flights. Airlines are not waiting for a lack of supplies to react. “Travel alert: Airlines are cutting thousands of flights right now,” Travel Therapy host Karen Schaler said in an Instagram reel this past weekend.
MANAGING RISKS: Taiwan has secured LNG sufficient to cover 95 percent of electricity demand for next month, UBS said, describing the government’s approach as proactive UBS Group AG has raised its forecast for Taiwan’s economic growth this year to 8 percent, up from 6.9 percent previously, and said expansion could reach as high as 8.6 percent if external energy shocks are avoided. The upgrade reflects a stronger-than-expected first-quarter performance and sustained momentum in artificial intelligence (AI)-driven exports, which UBS said are providing a firm foundation for growth despite geopolitical and energy risks. Taiwan’s GDP expanded 13.69 percent year-on-year in the first quarter, the fastest growth since the second quarter of 1987, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Thursday. On a seasonally
The Fair Trade Commission’s (FTC) ongoing review of Grab Holdings Ltd’s US$600 million acquisition of Foodpanda Taiwan’s operations, announced on March 23, has taken on fresh urgency as industry experts warn that the transaction could embed significant Chinese cybersecurity vulnerabilities into Taiwan’s digital infrastructure through Grab’s deep ties to autonomous-driving firm WeRide (文遠知行). Less than 16 months after the FTC blocked Uber Eats’ direct attempt to acquire Foodpanda Taiwan — citing potential combined market shares of 80 to 90 percent — the emergence of Grab as the buyer has prompted questions about whether the same competitive harm is simply being rerouted
The list of Asian stocks that benefit from business partnership with Nvidia Corp is getting longer, as the region further integrates into the artificial intelligence (AI) chip giant’s business ecosystem. Just in the past week, South Korea’s LG Electronics Inc, Taiwan’s Nanya Technology Corp (南亞科技), as well as China’s Huizhou Desay SV Automotive Co (德賽西威) and Pateo Connect Technology Shanghai Corp (博泰車聯) have become the latest to rally on news of tie-ups, supply-chain participation or product collaboration with the US chip designer. Asian suppliers account for about 90 percent of Nvidia’s production costs, up from about 65 percent last year, data compiled