Dear Subscriber,

Hope you had a relaxing weekend and enjoyed the final competitions of the Olympic Games. Germany won twelve gold medals and Taiwan two with historic wins. We thank all athletes for two very entertaining weeks and congratulate all the medalists on their incredible performances, motivating us to achieve new heights ourselves.

Speaking of entertainment: Get ready to join our GTO German Oktoberfest X German Business Day 2024 at Illume Taipei on October 24. The biggest networking event in the German-Taiwanese business community with authentic German food, beer, and music should not be missed. Be fast and secure your seats or tables as long as there are still some left. There are also two attractive sponsorship packages available for you that will make your company stand out. Learn more in our Top News section.

Next week Automation Taipei 2024 will kick off. Our German Pavilion will be placed at TaiNEX 1, first floor, entrance of zone J – K. Visit our exhibitors to explore the latest in automation tech from 17 top German companies. After introducing six companies to you last week, we are more than delighted to present you with six more this week. See our Trade Fair News section and check out their cutting-edge products and innovations.

During Automation Taipei we will also hold the 9th Taiwan-Germany Smart Machinery Forum next Thursday (August 22). Don’t miss out on this exciting event if you want to gain a profound understanding of the latest trends in industry 4.0 and smart machinery. For more information and registration, refer to our GTO News.

Another interesting trade fair is the Asia Fruit Logistica 2024 taking place in Hong Kong from September 4 to 6. Asia Fruit Logistica is an excellent opportunity to dive deeper into the Asian fruit and vegetable market. Through our trade fair team, you can receive limited one-day coupons at a reasonable price. Visit our Trade Fair section for more information.

Last but not least, I once more would like to point out the upcoming Asia-Pacific Conference of German Business (APK) in New Delhi, India, from October 24 to 26. Taking place every two years, the APK pro-vides 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, see our Other News section.

Have a productive week and stay cool in the heat!

Kind regards,

Dr. Eva Langerbeck

Join us for the biggest German-Taiwanese networking event of the year, the GTO German Oktoberfest 2024!

Enjoy authentic German food, beer, and music at one of Germany’s most iconic and traditional festivities – the Oktoberfest! - So, get your Dirndl and Lederhose ready, and let’s celebrate!

Event Details

Date: Thursday, October 24, 2024
Time: 18:00 – 22:00
Venue: 2F. Grand Ballroom, Illume Taipei
Address: No 100 Dun Hua N Rd, Songshan District, Taipei, Taiwan 台北市松山區敦化北路100號
Dress code: traditional German Oktoberfest attire (Dirndl & Lederhosen)
Single Ticket Price: 3,200 NT$
Price per Table (8 people): 25,600 NT$

Special Features

Traditional German Band Performance directly from Germany with the MÜNCHNER BUAM band
All-You-Can-Drink fresh Hofbräu beer: Weisse & Dunkel
Authentic German Set-Menu (Vegetarian Menu is available on request)

Sponsorship Opportunities for Corporate Clients

As Oktoberfest is one of the most lively and friendly German festivities with great attendance, sponsors enjoy attractive and wide visibility throughout the event venue, event materials as well as media coverage through the display of their company logo. Therefore, we offer two attractive sponsorship packages. GTO Business Alliance Members get a special discount on those packages. To learn more about our sponsorship opportunities, please look at our sponsorship package.

Registration

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

9th 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

GTO German Oktoberfest X German Business Day
24.10.2024 | Location: Taipei

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

During last weeks meeting with Minister of Economic Affairs Jyh-Huei Kuo, our Executive Director, Dr. Eva Langerbeck, kicked off the discussions by congratulating Taiwan on winning its first Olympic gold medal in badminton!

The meeting was a fruitful exchange focused on attracting more talented STEM students to Taiwan. We aim to provide them with an opportunity to learn the local language and work culture, equipping them to contribute to TSMC and its German suppliers.

Dr. Langerbeck also expressed our office's eagerness to organize more seminars and discussions on German labor law and German-Taiwanse work culture exchange, preparing professionals for relocation to Germany as part of new investment projects. We're excited about the prospect of hosting more investment seminars and dinners to deepen cooperation.

In line with President Lai's focus on the “Five Trusted Industry Sectors 五大信賴產業”, both parties shared a commitment to strengthening partnerships, especially in areas of semiconductors and AI. Additionally, there was mutual interest in advancing "AI in health care/smart health care", addressing the challenges posed by aging populations in both countries.

We look forward to building on these discussions and driving forward innovative collaborations!

We are happy to share the successful conclusion of a significant event in the technology sector, where Infineon and LITEON+ formalized their collaboration through the signing of a Memorandum of Understanding, which our Executive Director Dr. Eva Langerbeck had the honour to witness. LITEON+, which is LITEON's accelerator program, is focused on nurturing innovation within technology startups.
 
The event was attended by key leaders, including Chiu Anson, President of LITEON Technology Corp, and Mr. Tan Chee How, Managing Director of Infineon Taiwan.
 
The event was also attended by Volker Heistermann, Managing Director of Mosaic Venture Lab, who plays a vital role in fostering tech innovation, and is a proud partner to LITEON+. In addition to the Infineon Country Manager, who brings valuable experience from his previous role in Malaysia, the Head of Research and Development from Infineon Germany was also present, bringing global expertise to this occasion.
 
The Memorandum of Understanding represents a major step forward in driving technological advancements and fostering innovation. We eagerly anticipate the impactful developments that will emerge from this strategic partnership.

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 9th 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

Taiwan's fruit and vegetable trade is a vital part of its economy, connecting the island to a wide array of global markets. Whether it's the export of tropical fruits like pineapples and or the import of fresh vegetables to meet local demand, the trade dynamics are ever-evolving and full of opportunities.

If you're interested in diving deeper into the trade information and understanding the current trends shaping the Asian fruit and vegetable market, don't miss the chance to visit the Asia Fruit Logistica in Hong Kong from 9/4-9/6. This event will bring together industry leaders, experts, and stakeholders to share insights, forge connections, and explore the future of this dynamic market.

And there's more! We're offering limited one-day coupons for attendees who want to experience the event firsthand. For more detailed information and to secure your spot, please visit our official website.

Less than two weeks to go until the 2024 Taipei International Industrial Automation Exhibition!

The German Pavilion is back, showcasing 17 top German companies across 55 booths. As one of the largest national pavilions, it will take place from August 21 to 24 at Nangang Exhibition Center, Hall 1, 1F, entrance of Zone J-K. Dive into the latest in automation technology, including innovations in robotics and smartmanufacturing. Explore new collaboration opportunities with leading German firms!

As the countdown continues, we're excited to feature several exhibitors from 2024 Taipei Automation each week! Visit the German Pavilion to explore the innovations from these renowned companies:

1. HARTING Taiwan Co., Ltd. (J429): global leader in the German connecter industry
2. IDS (J425): leading German industrial camera manufacturer
3. Melchers Trading GmbH (Taiwan Branch) (J326): trading company for Market Strategy and Sales
4. Phoenix Contact Co., Ltd. (J318): market leader of electrical engineering, electronics, and automation
5. Precitec Asia LTD. (K301): expert in providing sensors and laser process & monitoring systems
6. Road Ahead Technologies Consultant Corp. (J228): providing 3D engineering technology and consulting services different industries

Join us as we spotlight these innovators and their breakthroughs in manufacturing technology. Stay tuned for more updates!

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.

MOEA Reports Strong Results from Taiwan’s Three Investment Projects

Despite global challenges like high inflation, COVID-19, and the Russia-Ukraine war, Taiwan’s three major investment promotion projects delivered strong results in 2023, according to the Ministry of Economic Affairs (MOEA). These projects, launched in 2019 to support local firms, have attracted NT$2.33 trillion in investments from 1,518 companies, creating 153,000 jobs. The initiatives have also spurred growth in AI and electric vehicle sectors.

(Last access: 12.08.2024 / Taiwan Today)

Foreign Minister Plans on Expanding Taiwan-Guatemala Cooperation

Taiwan and Guatemala are expanding their cooperation, as discussed during a meeting between Taiwan Foreign Minister Lin Chia-lung and Guatemala Vice Foreign Minister Julio Eduardo Orozco Perez on Aug. 5. Taiwan is developing plans to invest in Guatemala's textile and circular economy sectors and integrate smart technology into agriculture. The two partners are also exploring bilateral carbon credit trading. Orozco, visiting Taiwan for five days, emphasized the commitment to strengthening ties and thanked Taiwan for its support against Chinese economic pressure.

(Last access: 12.08.2024 / Taiwan News)

Taiwan Hosts Post-Quantum Cyber Security Workshop

The third “PQC Standardization and Migration Workshop” took place at Academia Sinica on August 10, attracting over a hundred participants from government and industry. The workshop focused on the looming threat of quantum computing, expected to render current cryptographic systems obsolete within the next 10-15 years.

Experts, including Matthias Kannwisher of Chelpis Quantum Tech and Chang Pei-zen of ITRI, stressed the urgent need for industries and governments to adopt post-quantum cryptography (PQC) standards. Academia Sinica’s Yang Bo-ying highlighted the accelerated timeline for cryptographic vulnerabilities and called for immediate preparations.

Google’s Sophie Schmeig emphasized the importance of widespread acceptance of PQC standards and expressed skepticism about the need for additional hardware support. Fraunhofer SG CEO, Michael Kasper, discussed the dual nature of quantum computing as both a threat and an opportunity, underscoring the need for thorough PQC migration and security planning.

During the Q&A session, there was debate over the practicality of quantum key distribution (QKD), with doubts raised about its effectiveness for most companies.

(Last access: 12.08.2024 / Taiwan News)

Taiwan Shares Take Biggest Plunge in History with TSMC Leading the Fall

Taiwan's stock market experienced its largest-ever drop on Monday, with the Taiex index plunging 1,807.21 points (8.35%) to 19,830.88. The decline was driven by global market volatility, particularly heavy losses in the U.S. markets, and fears of a potential U.S. recession.

The electronics sector was hardest hit, with TSMC falling 9.75%, contributing significantly to the overall market decline. Other tech stocks, including MediaTek and ASE Technology, also saw sharp drops.

Non-tech sectors weren't spared, with widespread losses across construction, financials, and other industries. Foreign investors sold a net NT$69.96 billion in shares, continuing the sell-off from the previous session. More volatility is expected, with the Taiex possibly testing lower levels soon.

(Last access: 12.08.2024 / Focus Taiwan)