2024/06/17 By Chen Renyi
Forwell Technology Group, a leading manufacturer of complete equipment for intelligent rapid mold change systems on both sides of the Taiwan Strait, has been playing a leading role in this professional field under the international trend of the "Industry 4.0" intelligent manufacturing concept, helping metal processing and rubber and plastic injection molding companies to achieve the intelligent production needs of "intelligent manufacturing", especially investing a lot of resources in the pioneering "intelligent mold management system". The intelligent mold management system covers three major systems, including "mold conveying system" (automatic mold change trolley system), "mold automatic storage system" and "mold maintenance system", etc., which can effectively assist metal molding and injection molding companies to establish a set of fast, efficient, safe, easy and systematic one-stop "intelligent" management system for molds through professional planning.
Recently, Forwell Group has further developed and produced intelligent mold management system equipment that meets ESG standards and low carbon emissions. In order to develop environmentally friendly and sustainable low-carbon equipment, in addition to planning to invest in the research and development of low-carbon intelligent equipment and the updated design of related components, it has also started to create a production environment that meets carbon tax offset standards. In the future, Forwell's entire product line will be developed and designed to meet the demands of energy saving and carbon reduction, ensuring that all products meet ESG sustainable standards.
Xiao Wenlong, executive director of the Taiwan Machinery Association and president of Forwell Group, said that the current focus of Taiwan's machinery industry is on the stable development of intelligence, and in the future it will gradually move towards AI (artificial intelligence) to make the application flexibility and high performance of machines more in line with the needs of smart manufacturing processes. It is expected that AI will significantly change people's lifestyles, work patterns, traditional habits, etc. in 10 years. However, AI is ultimately mainly used in regular and complex work projects and cannot completely replace human labor. Human labor still occupies a dominant position. In the future, the work content of human labor will be more advanced and efficient. Therefore, the "Industry 4.0" smart design of future machinery production equipment combined with intelligent AI will become an important and inevitable development trend of the global machinery industry.
Faced with the tension in cross-strait relations and the dulling of economic and trade development caused by the military exercises conducted by China around Taiwan recently, Forwell Group President Xiao Wenlong pointed out that Taiwan's political situation is in an uneasy atmosphere. Under various concerns, manufacturers from various countries have insufficient confidence in placing orders with Taiwan. In particular, the depreciation of the Japanese and Korean won has made Taiwan's export competitiveness even weaker, and has produced an order transfer effect, causing heavy market pressure and recession in the export industry. In addition, China has announced that it will terminate a total of 134 ECFA preferential tariffs, including the machinery industry, from June 15, which has made the machinery industry, which is already facing many operating difficulties, even worse. This move will also affect the economic and people-to-people exchanges and interactions between the two sides of the strait.
Xiao Wenlong also said that the mainland economy has gradually recovered, but the planned economy is difficult to expand due to the constraints of the depreciation of the RMB. If the RMB can be controlled at around 1:7 under the free market mechanism, it will not only avoid serious inflation, but also accelerate the recovery of the mainland economy. On the other hand, according to the current depreciation of the Japanese and Korean dollars, the Taiwan dollar should be depreciated to at least 1:35 to restore export competitiveness. In particular, the relationship between the two sides of the Taiwan Strait is tense due to political factors. If the cross-strait economic and trade relations are also chaotic and unstable, it will have a greater impact on Taiwan's economic development.
He also suggested that the government should formulate and promote the new ten major construction projects to strengthen Taiwan's infrastructure. Only by doing so can Taiwan's economic growth and progress be expected, and it can also expand the domestic demand market to solve the inflation problem, which is a good prescription for promoting Taiwan's overall economic development.
Hsiao Wen-lung, executive director of the Taiwan Machinery Association and president of Forwell Group.
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