Dear Subscriber,

Dear subscriber,

Happy Monday! We're kicking off the week with a hot and sunny day, though the forecast predicts rain and gloom for the rest of the week. But with Taipei weather, anything can happen! As this week also wraps up the Olympic Games in Paris, be sure to keep an eye out for some spectacular athletic performances!

We’re thrilled to invite you to the 7th Taiwan-Germany Smart Machinery Forum on August 22! With $22 billion in trade between Germany and Taiwan and over 300 German companies active in Taiwan, this partnership is driving global innovation. This forum is your chance to connect with industry leaders, explore the latest in smart machinery, and discover new business opportunities. Don’t miss out on this exciting event! For more information and registration, refer to our Top News.

Moreover, get ready for Automation Taipei 2024! You can visit our German Pavilion at TaiNEX 1 from August 21 to 24 to explore the latest in automation tech from 17 top German companies. From this week on, we will be spotlighting our exhibitors in every edition of our newsletter—don't miss out on the cutting-edge innovations and collaboration opportunities! Keep an eye out for more updates as the event gets closer and read more about it under Trade Fair News!

Another notable event happening in the near future is the Asia-Pacific Conference of German Business (APK) in New Delhi, India, from October 24 to 26. Taking place every two years, the APK provides a unique platform for in-depth discussions on political, economic, and social issues driving the dynamic growth of Asia and the Pacific. For further details, visit the Other News section.

Here’s to a productive and wonderful week ahead! And of course, let’s cheer on our Olympic Champions and wish them many gold medals in the days to come!

Kind regards,

Dr. Eva Langerbeck

With a bilateral trade volume of 22 billion US$ in 2023 and over 300 active German companies, Taiwan has established a strong economic partnership with Germany. Aside from being the world’s top supplier of semiconductor chips, Taiwan also plays a key role in the global market utilizing new AI technologies to transform the manufacturing industries and enhance the efficiency of German manufacturers. Moreover, Taiwanese and German companies are in strong joint efforts for a smarter march towards Industry 4.0, leading the way for intelligent industrial robots as the center stage to power the machinery industry.

This forum will explore the insights and showcase the developing advancements in the smart machinery industry of Taiwanese and German collaborations. Participants can expect enriching networking opportunities, gaining valuable industry insights, and the opportunity to explore business prospects in Taiwan.

The 7th Taiwan-Germany Smart Machinery Forum will be held on August 22 at the Taipei Nangang Exhibition Center Hall 1 and is organized by the Smart Machinery Promotion Office and the German Trade Office Taipei, in partnership with the Taiwan Automation Intelligence and Robotics Association and supported by the Industrial Development Administration, Ministry of Economic Affairs.

Event Details

Date: Thursday, August 22
Time: 14:00 – 17:00 (registration from 13:30 – 14:00)
Venue: Meeting Room 403, Taipei Nangang Exhibition Center Hall 1
Address: No.1, Jingmao 2nd Rd., Nangang District, Taipei City 11568, Taiwan
Event Language: English

Registration

2024 Taipei International Industrial Automation Exhibition
21.08.2024 - 24.08.2024 | Location: Taipei

7th Taiwan-Germany Smart Machinery Forum
22.08.2024 | Location: Taipei

Asia-Pacific Conference of German Business (APK)
24.10.2024 - 26.10.2024 | Location: New Delhi

Become part of our GTO German Business Alliance!
More information about our membership packages on our website.

Last Tuesday, we were pleased to host our GTO Wirtschaftsstammtisch for the first time in Taichung! At the splendor Hotel Taichung, we welcomed around 50 guests from the machinery industry for a pleasant evening.

For this edition of the GTO Wirtschaftsstammtisch, we invited three speakers from machinery companies for a panel discussion. Mr. Phylex Ong, from Beckhoff Automation Taiwan 倍福自動化, Mr. Steven Lin from igus Taiwan 台灣易格斯, and Mr. Patrick Kemnitz from TRUMPF Taiwan (台灣創浦股份有限公司) discussed the importance of Taichung and its machinery cluster. The panelists also provided an overview of the current situation of the machinery industry, future trends, and upcoming trade fairs in 2024.

After the panel discussion, our guests enjoyed a delicious buffet and Erdinger beer in a relaxed atmosphere. During the dinner, the attendees had the chance to contact other industry representatives from Taichung and establish valuable contacts.

A big thank you to the three panelists and to the sponsor of this event, Millenia Commercial!

Thank you to everyone who joined and made this first Stammtisch in Taichung a memorable evening. We hope you had an amazing evening and would like to welcome you to one of our next events!

The German Pavilion is here, featuring 17 leading German companies across 55 dynamic booths. As one of the largest national pavilions, it will be held from August 21 to 24 this year at Nangang Exhibition Center, Hall 1, 1F, entrance of Zone J-K . Discover the forefront of automation technology with innovations in robotics, industrial communication, and smartmanufacturing, and explore new collaboration opportunities with German top firms!

As the days tick down, we're thrilled to spotlight several exhibitors at 2024 Taipei Automation each week! Visit the German Pavilion to discover the cutting-edge innovations from these distinguished companies:

1. Balluff Taiwan Ltd. (J433): Sensor and automation specialist
2. Canaan Electric Corp. (J328): professional and multi-dimensional automatic control components manufacturer.
3. DRF Corporation (J332): exclusive distributor of KNF in the Taiwan market
4. Erhardt+Leimer Taiwan Limited (K403): customized solution and possesses supplying expert in process optimization system and automation technology
5. EMTECHNIK EAST ASIA LTD. (K302): Professional manufacturer of connectors and fittings in small nominal diameters
6. GUDEL (J218): top manufacturer of high-precision machine components and provider of sophisticated automation solutions

Come along as we highlight these trailblazers and their advancements in manufacturing technology. Keep an eye out for more updates as the event draws nearer!

Find more information about our exhibitors on our official website and in our InfoBrief Special Edition.

The largest platform for the global energy industry, Smarter E Europe, was a phenomenal success in June! We are excited to announce that the next Smarter E Europe will be held from May 7 – 9, 2025, at Messe München, Germany. Smarter E Europe unites four major exhibitions: Intersolar Europe, ees Europe, Power2Drive Europe, and EM-Power Europe. These exhibitions will cover renewable energy, batteries and energy storage systems, charging equipment and e-mobility, as well as energy management and integrated solutions. 

In 2024, Smarter E Europe featured over 3,000 exhibitors showcasing their innovative products and attracted approximately 110,000 visitors from around the globe. Additionally, more than 2,500 attendees participated in the conference and various side events, setting a new record. 

Next year, in corporation with TAITRA we will organize the Taiwan Pavilion in the Intersolar Sector (Hall A3). We welcome all Taiwanese companies to join us! Smarter E also exhibits globally, not just in Munich but in Mumbai, Dubai, South America, and North America. 

Don't miss this opportunity to be part of the world's leading energy platform!

From April 8-10, 2025, Messe Berlin will host Europe's leading event for digital health, DMEA. It brings together decision-makers from across the healthcare sector, including IT specialists, physicians, hospital and nursing care executives, and experts from politics, science, and research.

DMEA 2024 was a massive success, attracting over 800 exhibitors, more than 19,000 visitors, and nearly 300 speakers from around the globe. The event covered a wide range of topics beyond healthcare in Germany, such as patient care in Europe, the electronic patient record in Denmark, and AI transparency in Europe.

DMEA is an excellent platform for system and hardware/software vendors worldwide to seize market opportunities and engage with the digital healthcare community.

Don't miss your chance to be part of next year’s DMEA! To exhibit at DMEA 2025, please contact our colleague Mr. Pinchao Huang.

Mark your calendars for the world’s largest trade fair for consumer electronics and home appliances Join us at IFA 2024 as we celebrate its monumental 100th anniversary!

Date: September 6 – 10, 2024
Venue: Berlin, Germany

Experience the pulse of “innovation for all” right in the heart of Europe's most dynamic regional market. At IFA, witness the unveiling of the latest products from around the globe. With attendees from over 130 countries, IFA is the main hot spot for key retailers, buyers and experts from the industry and the media. Only IFA offers such a comprehensive overview of the international market.

But that's not all! Immerse yourself in the electrifying atmosphere with exhilarating outdoor spectacles and evening concerts featuring both local legends and international superstars.

What’s special about this year’s IFA 2024? It’s divided into two exhibition periods AND two exhibition zones:

1) IFA: September 6 – 10 at Messe Berlin

2) IFA Global Markets: September 8 – 10 at STATION Berlin

Don't miss out on this extraordinary opportunity! Exclusive Trade Visitor Tickets are on sale now! Sign up and don’t miss a beat!

On behalf of Rauschert Asia Ltd., a subsidiary of the German company Paul Rauschert Steinbach GmbH, a leading global manufacturer of technical ceramics, molded plastic parts and more, we want to make you aware of an open job position, i.e. Commercial Person.

Key Responsibilities:

• Report clearly to the management team in Germany
• Make daily business decisions with our development team in Taiwan and Germany
• Decide together with the management team in Germany on the business process within the strategy of Rauschert

Requirements:

• Import and export experience is a plus
• Readiness to come to Germany for training and business coordination a least once per year (other countries might be possible too)

For further details and information regarding the application process, please visit our website.

Taiwan's Economy Heats Up, Scholars Warn Export Risks Loom In Second Half

Taiwan's National Development Council (NDC) reported a "red light" economic indicator for June, which stands for strong economic activity for the first time since January 2022. This was driven by high semiconductor demand and increased server needs. However, experts warn that the biggest risk to Taiwan's economy in the second half of the year is exports.

Dachrahn Wu, CEO of National Central University's Research Center for Taiwan Economic Development, noted a 23% annual increase in June's exports, driven by AI demand. He warned about overinvestment in AI Stocks and a potential decline in U.S. consumer spending, which could impact Taiwan's exports. Wu also mentioned that a U.S. Federal Reserve interest rate cut might signal an economic downturn, with effects of demand taking three to sox months.

(Last access: 05.08.2024 / Radio Taiwan International)

Tech-based Healthcare Sector Could Boost Taiwan's Economy

At the recent Healthy Aging Tech Expo, President Lai Ching-te highlighted Taiwan's potential to create a new economic path by leveraging its strengths in healthcare and technology. Lai emphasized that Taiwan could serve as a test market for innovative global tech applications, given its aging population, which faces significant healthcare needs.

With Taiwan expected to become a super-aged society by 2025, experts like Shen Jong-chin and Minister of Economic Affairs Kuo Jyh-huei underscored the importance of developing a technology-driven health industry. This sector could also boost medical tourism from nearby countries.

(Last access: 05.08.2024 / Focus Taiwan)

U.S. Senate Fails To Pass Bill With Tax Relief For Taiwanese Companies

The U.S. Senate failed to advance a tax reform package on Friday that included the United States-Taiwan Expedited Double-Tax Relief Act, which aimed to eliminate double taxation for some Taiwanese residents and companies.

If passed, the legislation would have allowed certain Taiwan residents to avoid U.S. taxes under specific conditions and lowered tax rates for Taiwanese companies operating in the U.S. It would also have granted the U.S. president the authority to negotiate a formal tax agreement with Taiwan.

Taiwanese leaders, including economics minister Kuo Jyh-huei and Vice President Hsiao Bi-khim, strongly supported the bill, emphasizing its importance for Taiwanese businesses, particularly in the semiconductor industry. Despite passing in the House of Representatives earlier this year, the bill faced opposition in the Senate, primarily along party lines.

(Last access: 05.08.2024 / Taiwan News)

Experts Say UAV Market Is Key For Taiwan

According to experts, Taiwan's UAV (unmanned aerial vehicle) or drone industry needs to tap into the global market to develop a self-sufficient combat drone sector. With defense analysts predicting a potential conflict by 2027 or 2032, Taiwan must decouple its drone supply chains to ensure wartime production capabilities.

The government aims to make Taiwan a UAV supply hub for global democracies, but this requires building a competitive export market. Taiwan's drone sector, valued at NT$2.86 billion in 2023, must scale up to compete globally.

Experts argue that government support and coordination with industrial partners are essential to overcome production challenges and establish Taiwan as a key player in the global drone market.

(Last access: 05.08.2024 / Taipei Times)