Taiwan is a machine tool powerhouse. In fact, the machine tool industry is one of the island's largest industrial sectors. Machine tool production in Taiwan is now worth over US$2 billion a year, a figure that outshines even Switzerland in machine tool production. The 2005 Taipei International Machine Tool Show (TIMTOS), held from March 15-20, leads the way as a one-stop center for the latest in machinery. In fact, the show is regarded as one of the world's premier machine tool exhibitions and is often way beyond supply - a reason to make sure you reserve a spot early on.
Machinery produced by Taiwan, in terms of value, grew more than 19 percent in 2003 and is projected to surge another 25% in 2004 Moreover, machine tool exports were valued at a whopping US$1.68 billion dollars. No wonder the world looks to TIMTOS to make sure buyers and exhibitors get the most from each other.
Part of the all-star product line-up to be featured at the show include presses, lathes, boring machines, grinding machines, sawing machines, CAD/CAM equipment, machining centers, milling machines, drilling machines, electrical discharge machines, PC-based machine tools, foundry, forging, welding and cutting equipment.
Whether it is electronics, semiconductors, parts, or hand tools, the unique network of local and Taiwanese-managed Asian manufacturers, TIMTOS lets you get the best-quality product at the best price. Things are definitely looking up for Taiwan's machine tool industry with export growth across the board in everything from tool parts to cutting machines.
Even more impressive is the metal tools sector: metal cutting machine exports are expected to grow by 7.6 percent in 2004, with metal shaping machines set to grow by 5.1 percent. All of this is proof that the 2005 Taipei International Machine Tool Show is the place to connect for all of your tool needs!
‘UNACCEPTABLE’: The foreign ministry said that China’s behavior broke international law, while Johnny Chiang was worried such balloons could be used against Taiwan A suspected Chinese surveillance balloon flying over the US was yesterday condemned by officials in Taipei and sparked calls for the government to plan countermeasures. The Pentagon on Thursday said it had detected a Chinese surveillance balloon flying over the country. Beijing has said the balloon is a civilian meteorological device that drifted into US territory after being blown off course. The National Security Bureau and Ministry of National Defense should investigate whether surveillance balloons could be used against Taiwan and prepare to respond to such acts, Chinese Nationalist Party (KMT) Legislator Johnny Chiang (江啟臣) said. US Secretary of State Antony Blinken’s postponement
INTELLIGENCE VALUE: While the US was working on recovering the balloon’s remains, China said that it reserved ‘the right to make ... necessary responses’ US President Joe Biden’s administration lauded the Pentagon for shooting down an alleged Chinese spy balloon off the US Atlantic coast on Saturday, but China angrily voiced its “strong dissatisfaction” at the move, and said it might make “necessary responses.” The craft spent several days flying over North America before it was targeted off the coast of the southeastern state of South Carolina with a missile fired from an F-22 plane, Pentagon officials said. It fell into relatively shallow water just 14m deep. US Secretary of Defense Lloyd Austin called the operation a “deliberate and lawful action” that came in response to China’s
RISK FACTOR: ASEAN issued a statement saying the cross-strait situation ‘could lead to miscalculation,’ but it is willing to facilitate dialogue to ensure stability in the region The Ministry of Foreign Affairs yesterday welcomed a joint statement by ASEAN leaders voicing concerns that the situation across the Taiwan Strait could affect regional stability. The statement was issued after the ASEAN Foreign Ministers’ Retreat ended on Saturday in Jakarta. It was the first major meeting since Indonesia assumed chairmanship of ASEAN this year. Attendees of the meeting reiterated their determination to promote “sustainable peace, security, stability, and prosperity within and beyond the region,” the statement said. They expressed concerns about developments across the Taiwan Strait and their “implications on regional stability,” the statement said. The cross-strait situation “could lead to miscalculation, serious
THINK TANK VISIT: The former US Indo-Pacific official said that a capture of Taiwan’s outlying islands by China rather than a large-scale attack is a grave security concern The US and Taiwan can deepen their relations on many fronts, former head of the US Indo-Pacific Command Philip Davidson said yesterday while visiting President Tsai Ing-wen (蔡英文) at the Presidential Office. Davidson is leading a six-member delegation from the National Bureau of Asian Research, a US-based think tank. They arrived on Monday and are scheduled to depart tomorrow. Tsai met with the delegation yesterday morning, welcoming the organization on its first visit to Taiwan since the start of the COVID-19 pandemic, the office said in a statement. She thanked Davidson, a retired admiral, for paying close attention to matters regarding the Taiwan