00:00Leaders of Taiwan's machinery sector have outlined key challenges facing the industry, currency fluctuations and looming U.S. tariffs.
00:08The head of the Taiwan Association of Machinery Industry was one of several to speak at a major conference in Taipei.
00:34The machinery sector is Taiwan's third largest and is worth about 30 billion U.S. dollars.
00:40However, ongoing trade disputes have destabilized two key markets, China and the U.S.
00:46Experts say embracing smart machinery and smart manufacturing while creating partnerships is the best way to stay competitive.
01:04The Taiwan Association of Machinery Industry is Taiwan's oldest industry association formed in 1945.
01:20The Chinese Association of Machinery Industry has pięće-five.
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