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As the world’s fourth largest exporter of machine tools, Taiwan will have a major presence at the 2014 South African Automotive Week (SAAW) from October. 14-16 at Johannesburg’s Gallagher Convention Centre. Executives from some of the country’s leading machine tools and accessories builders will present their latest products, innovations and insights on industry trends at a press conference and Tech Forum at the show on Wednesday, October. 15. The event – “Taiwan Machine Tools Shaping the Future” – is scheduled from 1:30-3 pm.
Topics to be covered at the press conference and Tech Forum include:
Taiwan’s machine tool manufacturing know-how to substantially contribute to the South African automotive industry.
Smart processing technology and solutions for auto parts manufacturing
Taiwan’s auto mold manufacturing technologies and solutions
Several of the world’s leading machine tool manufacturers will present, including Lee Hwang, Vice President of Topology Research Institute, Paul Savides, Managing Director of PBS Machine Tools (PTY) LTD. (Tongtai Machine & Tool Co., Ltd. and Eric Wu, Marketing Manager of Vision Wide Tech Co., Ltd.
The Taiwanese delegation, includes experts from Taiwan’s Corporate Synergy Development Center and Topology Research Institute, one of the world’s leading private market & industry research companies for high tech.
The event is organized by the Bureau of Foreign Trade and implemented by the Taiwan External Trade Development Council.
Taiwan’s machine tool industry is helping solar energy plants, major semiconductor manufacturers, panel industries, multinational car makers and many others innovate and increase their competiveness through advanced machine tool products. Nearly 80% of the total machine tools output last year was exported to over 138 countries.
Taiwan machinery constitutes 50% of South African manufacturer’s total import of automotive related machine tools (including integrated processing, metal processing machines, construction machines and multi-monomer station transfer machines), making it South Africa’s top trading partner in this sector.
In 2013, Taiwan had total machine tool exports of more than US$3.5 billion and total machine tool component exports of more than US$1 billion.
South Africa’s total automotive export value to Taiwan in 2013 was R440m, growth of 60% over the 2012 value of R275m.
In 2013 South Africa’s imported automotive products from Taiwan were valued at R981m up 21.4% from R808m the previous year.
“With the rapid development of the South African economy, Taiwan’s machine tools have been widely used and favored in the South Africa market,’’ CEO of the Gauteng Tooling Initiative, Henk Snyman said.
“We welcome reciprocal trade and partnerships with Taiwan to grow a rapidly developing and increasingly sophisticated machine and tooling industry in South Africa.’’ Snyman said.
The U.S. is the second largest export market for Taiwan machine tools after China/Hong Kong, followed by Thailand, Turkey, Germany, Indonesia, South Korea, Malaysia, Russia and the Netherlands.
The industry’s growth in Taiwan is being driven in part by world-class industry clusters in the country’s Golden Valley, which is home to more than 1,000 precision machinery manufacturers and upwards of 10,000 downstream suppliers that employ more than 300,000 people. With an annual output of $3 billion, the Golden Valley has the highest output value per unit area and the highest density of any machine tool industry cluster in the world.