At TAITRONICS & AIoT Taiwan 2024, Mr. Simon Wang, Secretary General of the Taiwan External Trade Development Council (TAITRA), emphasized Taiwan’s role as a global leader in ICT (Information and Communication Technology) and highlighted the strategic steps Taiwan is taking to strengthen partnerships worldwide. His insights underscored the country’s vision of innovation and resilience as key drivers behind Taiwan’s expanding influence in the technology sector.
Mr. Wang opened by discussing the central role of TAITRONICS in the history of Taiwan’s ICT industry. He noted that this annual event has been the foundation for numerous subsequent exhibitions, each showcasing advances in AI, IoT, and semiconductor technologies. According to him, TAITRONICS is where Taiwan’s electronic and technological innovations originate, helping foster a network of industry exhibitions that attract global leaders and innovators.
He highlighted Taiwan’s impressive economic performance in recent years. Despite global economic challenges, including geopolitical tensions and inflation, Taiwan’s trade volume is expected to exceed $800 billion USD this year. Even during the uncertain global economy, Taiwan has achieved a 10.2% increase in exports from January to September, outperforming countries like China, the U.S., Japan, South Korea, and Germany. Mr. Wang attributed this growth to Taiwan’s thriving ICT industry, which has expanded by an impressive 80%, with TAITRONICS playing a major role in bringing companies together to collaborate and innovate.
At this year’s TAITRONICS event, themed “AI Innovations,” AI’s transformative potential is at the forefront. The exhibition includes areas like the “Drone Taiwan” zone, showcasing 24 of Taiwan’s top drone companies, and displays of Taiwan’s latest advancements in low-earth orbit telecommunications for home use, navigation, and aviation. Additionally, TAITRONICS has introduced the “Big Bang Startups” zone, featuring startup teams from nine countries, including 17 from Japan, to showcase new AI solutions for a variety of industries.
Further discussing the international aspect of Taiwan’s technology sector, Mr. Wang outlined Taiwan’s growing interest in Mexico as a manufacturing base. He explained that Mexico, given its strategic location and economic growth post-COVID, is an increasingly attractive market for Taiwanese companies, especially for expanding their reach into the U.S. market. TAITRA is fostering supply chain cooperation between Taiwanese and Mexican industries, with a particular focus on electronics and semiconductors—two sectors essential for advanced manufacturing and technology.
In conclusion, Mr. Wang emphasized TAITRONICS’s role in not only showcasing Taiwan’s technology capabilities but also in connecting global industry leaders and supporting Taiwan’s ongoing economic success. By prioritizing international partnerships and highlighting Taiwan’s advancements in AI and IoT, TAITRONICS is reinforcing Taiwan’s position as a leader in the global technology industry.