When the International Monetary Fund (IMF) released the updated content of the "World Economic Outlook Report", it believed that the world economy was facing the worst recession since the Great Depression in the 1930s. ​

There are three challenges facing Taiwan's manufacturing industry this year: First, the price of raw materials, mainly oil, has fallen; second, the environmental uncertainty brought about by the US-China trade war; and third, the lack of demand for killer products.

​The industrial revolution changed the world. The first industrial revolution began with the invention of the steam engine at the end of the 18th century and the transition from hand-made to mechanical production. The second industrial revolution began about 100 years later, mainly in the form of electric-powered assembly line production. From the beginning of the 20th century, mass production with high-cost performance was achieved.

​Innovative application of block chain gradually enters the market, cross-chain integration technology to achieve industrial commercial value.

The exhibits include several traditional machine tools in working condition and products, painstakingly restored in co-operation with manufacturers worldwide.

Welding process, manufacturing methods and industry standards are the key to the development of steel structure.

Digital Manufacturing Comes of Age - Digital manufacturing will see a much larger footprint at IMTS 2020, where you’ll see not theory, but proven and practical applications of digital tools.