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Organized by the Bureau of Foreign Trade (BOFT) and implemented by the Taiwan External Trade Development Council (TAITRA), the 28th ‘Taiwan Excellence’ award-winning product list was announced. Four hundred eighteen innovative products from 240 companies were selected. Thirty of these products will participate in the final selection November 23-26, to compete for the Taiwan Excellence Gold and Silver Awards. Information and Communication Technology industry products account for 34% of the total list. The smart machinery industry accounts for 18%, while the medical industry accounts for 12%. This year's Taiwan Excellence Award selection has a major innovation, adding "solution" selection classification, which accounts for 22%.
The trend of Taiwan Excellence award-winning products reflects the development of Taiwan's industry. The medical equipment award-winning products have applied the use of AI and IOT, which shows Taiwan's long-standing ICT and medical expertise. Taiwan's machinery industry is an important driver of its industrial upgrading. The machinery industry accounts for 7.4% of the domestic manufacturing output value. Output value reached 38.85 billion USD in 2018 with an annual growth rate of 7.3%. Most machinery award-winning products, including machine tools, unmanned vehicles, collaborative robots, intelligent industry monitoring systems, and other precision machinery have been introduced into the IOT applications, leading Taiwan's manufacturing industry into Industry 4.0. The e-sports trend continues to prosper, not only the private sector sponsors e-sports professional team or set up the team, but also the government of Taiwan focuses on the e-sports industry. Many e-sports products such as laptops, graphics cards, and other accessories won the awards. Many Smart home appliances and electric vehicles won the award, showing the strength of Taiwan's green technology, which is in line with the green energy technology industry that the government of Taiwan is currently implementing. In short, this year's award-winning products have made the Taiwanese industry's advantages in terms of smart medical, ICT, smart manufacturing and green technology.
The symbol of Taiwan Excellence honors Taiwan’s most innovative products and provide tremendous value for users worldwide. All products carrying this symbol were selected for specific Taiwan Excellence Awards based on their excellence in R&D, design, quality, marketing, and Taiwanese manufacturing. Initiated by the Ministry of Economic Affairs (MOEA), Taiwan, R. O. C. in 1992, the symbol of Taiwan Excellence is recognized by 106 countries.
Award-winning companies carrying the Taiwan Excellence logo not only highlight their accolades and enjoy self-promotion but have opportunities to join collective marketing activities organized by BOFT and TAITRA in Taiwan and international markets. Taiwan Excellence marketing targets range from companies to consumers and include exhibition marketing, sports marketing, brand experience, digital marketing, media reports, and trade meetings. These activities have effectively assisted award-winning companies in strengthening their international marketing, building overseas channels and increasing the international popularity of Taiwan's outstanding industries.
The award ceremony, including the 28th Taiwan Excellence Award-winning products exhibition, International Marketing Trend and Experience Sharing Forum, trade meeting, Taiwan Industry Enhancement Project retrospective, will be in the newly constructed Taipei Nangang Exhibition Center, Hall 2 on November 27. The exhibition will be open to visitors from 10:00 am on November 27. Come and join us at this exciting event.
The 2020 Taiwan Excellence Award-Winning Products list was announced. Please check out these outstanding products on the official website