Global Shifts Spark New Era for Taiwan's Machinery Industry

David Chuang, Chairman of the Taiwan Association of Machinery Industry (TAMI), expressed optimism for the future of Taiwan's machinery sector, citing factors like the recent U.S. interest rate cuts and the appreciation of the Japanese yen. These economic changes, combined with growth in semiconductor technology and AI robotics, are expected to propel Taiwan's machinery industry into becoming a key player in the global technology supply chain. Chuang emphasized that through strategic alliances and cooperation with international manufacturers, Taiwan’s machinery sector can gradually establish its own supply chain.

Chuang also noted that global events, such as the rise of international protectionism, the Russo-Ukrainian War, and the Israel-Hamas conflict, have disrupted the international landscape. These challenges have accelerated the restructuring of global supply chains, with an increasing focus on shorter chains and resilience. TAMI urged the government to adopt a strategic national approach, investing in the development of key components and technologies—such as lasers and industrial sensors—to strengthen Taiwan's machinery industry, bolster national defense capabilities, and enhance Taiwan's global competitiveness.

Also, during a recent meeting with Dr. Cheng-Wen Wu, Minister of the National Science and Technology Council, Chuang emphasized the need for balanced government funding across industries—not just for AI and semiconductors, but also for the machinery sector. In response, Dr. Wu acknowledged the critical role the machinery industry can play in the semiconductor sector. He noted that utilizing domestic machinery products could further benefit Taiwan by fostering the independent development of semiconductor equipment. Dr. Wu pledged full support for this initiative, recognizing its potential to strengthen Taiwan’s technological capabilities.