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Hiwin, Advantech to set up joint venture to manufacture robots

TAIPEI, Taiwan -- Hiwin Technology (上銀科技) and Advantech Co. (研華股份) on Monday announced that a joint venture will be established to produce robots while facilitating Taiwan's supply chain in robot production.

Witnessed by Vice Minister of Economic Affairs Shen Jong-chin (沈榮津) and Chang Shuo-hung (張所鋐), vice president and general director of mechanical and systems research laboratories under the Industrial Technology Research Institute (ITRI, 工研院), Hiwin and Advantech yesterday signed a strategic alliance agreement in Taipei.

An A-list Alliance

Hiwin is currently Taiwan's largest manufacturer of precision components for machine tools and the world's second largest supplier of ball screws, while Advanteh is Taiwan's No. 1 and the world's second largest industrial computer supplier.

According to the joint venture agreement, Advantech LNC Technology Co. (研華寶元數控), an Advantech subsidiary, will contribute know-how in controlling applications in the joint research and development effort, in which Hiwin is expected to provide the alliance with hardware production technology.

The two companies said that in the initial stages, the Hiwin-Advantech joint venture will take aim at product integration, and later it will become a stepping stone for Taiwan's machine companies to develop robot manufacturing for industrial use and artificial intelligence robots for the service sector.

The ultimate motive, they said, is to incubate a local and international enterprise which is equipped with the capability to produce high-end turnkey factory-level intelligent automation solutions while enhancing Taiwan's supply chain for robot production.

Hiwin kicked off its own robot production as part of efforts to diversify its product portfolio, and in the first half of this year the company has shipped a small number of robots per month.

According to Hiwin Chairman Chuo Yung-tsai (卓永財), his company's robots currently are used to strengthen production automation for manufacturers, and by the end of this year, the firm will enter the field of the medical technology.

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Hiwin Technology (上銀科技) Chairman Chuo Yung-tsai (卓永財), right, and Advantech Chairman and Chief Executive Officer Liu Ke-chen (劉克振), left, shake hands for photos in a business alliance ceremony in Taipei, yesterday. Vice Minister of Economic Affairs Shen Jong-chin (沈榮津), center, was invited to oversee the agreement to set up a joint venture to manufacture robots. (CNA)

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