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South Korea is a country lacking natural resources. Its economic development is export-oriented, and its industrial structure is dominated by heavy chemical industries. The five major industries, including automobiles, shipbuilding, semiconductors, steel, and smartphones, earn a lot of foreign exchange for the country's economic growth.
2021-06-09 13:17:21
The United Nations Industrial Development Agency (UNIDO) announced the July 2020 World Manufacturing Competitiveness Index (CIP) which is based on 2018 indicators. South Korea ranks third after Germany and China among 152 countries in the world. CIP is a composite index of 8 items including per capita manufacturing, value-added, and manufacturing export value. It reflects the overall competitiveness of the manufacturing industry in each country. UNIDO publishes the CIP every other year.
2021-06-08 16:30:20
Although the share of manufacturing in Japan's GDP has declined in the past few decades, Japan still has a very large manufacturing base. In addition, Japanese manufacturers have extensive global connections, especially in Southeast Asia, many of which have substantial operations in countries such as Thailand.
2021-06-08 13:55:36
There are many reasons for manufacturers to move their offshore or near-shore production bases to Mexico. The advantage of cheap labor is one of the most prominent.
2021-06-04 17:42:38
The manufacturing industry occupies an important position in the British economy. Although the UK has declined in industrial scale, it still has some of the world’s top companies in steel, pharmaceuticals, biological breeding, aerospace, machinery, microelectronics, military, and environmental sciences, etc. All aspects are among the best in the world.
2021-06-03 17:27:47
According to estimates, by 2050, nearly half of the world's electricity will be generated by wind and solar power. Since the 1970s, fossil fuels have accounted for most of the world's electricity. By the middle of the 21st century, global electricity production will be converted from two-thirds fossil fuels to two-thirds renewable energy.
2021-06-02 17:38:14
Renewable energy refers to natural resources that can be regenerated in a short period compared to fossil fuels that take more than 100 million years to generate, and will not produce other pollutants during the conversion into energy, such as solar energy, wind energy, Geothermal energy, hydropower, tidal energy, biomass energy, etc. These are all renewable energy sources currently under development in the world.
2021-06-02 13:43:49
The spraying technology process has a wide range of applications, including industries such as steel, printing, aerospace, optoelectronics, corrosion protection, and petrochemicals.
2021-05-26 15:49:40
In 2021, the global electric vehicle market will grow by 40%, with total sales exceeding 3 million units. As of 2019, more than 2 million electric vehicles have been sold worldwide, accounting for 2.5% of all vehicle sales. It is estimated that the compound annual growth rate of global electric vehicles in the next ten years will reach 29%; the total sales of electric vehicles It will increase from 2.5 million in 2020 to 11.2 million in 2025 and 31.1 million in 2030.
2021-05-20 13:19:23
With the rise of the global electric vehicle market, how should Taiwan’s opportunities be grasped?
2021-05-20 10:11:05
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