Russia is one of the four BRIC countries. The reason why Russia is listed as the BRIC is that Russia has a wealth of raw materials. Russia is easy to stand firm in the development of industrial production based on a balanced defense manufacturing industry foundation pace. But also because of Russia's abundance of raw materials, its export industry projects are too focused on fuel and energy products.

The trade war and the epidemic have impacted the global economy. No country can stay aside. As the world's top three exporters of machine tools, Japan is also facing the dilemma of a simultaneous decline in export and domestic demand! Although the orders from China in June ended Japan’s 27 consecutive months of negative growth over the same period, the machine tool industry’s demand for face-to-face with customers and delivery of machine installations has stagnated because the restrictions on movement have not been lifted, and the original production plan in the case of delay or contraction, all localities remain cautious about investment. Facing the impact of the epidemic, Japan’s Ministry of Economy, Trade, and Industry have also offered relief measures for manufacturers, including rent, working capital, preferential loans, and trade insurance, to avoid large-scale corporate failures in the country, and encourage Japanese companies to increase capital investment. Maintain the momentum of economic growth.

As most of the world still struggles with the coronavirus pandemic, China is showing once again that a fast economic rebound is possible when the virus is brought firmly under control.

If you own a manual or CNC lathe, or if you are thinking about buying your first lathe, you may think about what types of the lathe are more suitable for you.

Lico CNC Lathe Machinery Co., Ltd was established with more than 40 years of accumulated industry experience. It has been engaged in the manufacture of cam automatic lathes for 20 years, and its products are sold all over the world. All types of machinery are made of precision, ultra-high function, durable, suitable for mass production. All parts are interchangeable and easy to maintain.

South Korea is the world's sixth-largest machine tool producer and the world's fifth-largest machine tool consumer, with an average consumption of approximately US$4.33 billion. Among them, nearly 70% of the consumer market's demand is for products provided by local machine tool factories, and only close to 30% of the products must be imported from abroad.

After more than ten years, South Korea has continuously promoted machines to target South Korea smart cities. It has achieved remarkable results in the field of industrial robots and has gradually moved towards commercialization in the field of service robots. Industrial intelligence that enhances industrial competitiveness extends to the realization of the vision of coexisting humans and robots to intelligent life.

In recent years, Turkey has become a highly anticipated newly industrialized country with its brilliant GDP growth rate. It has also become Taiwan's third-largest export market for machine tools for many years.

Observing key trends in the global health care industry, analyzing the current status of global and Taiwan medical device development, and analyzing the growth strategy of Taiwan's medical device industry.

In recent years, the manufacturing industry has been actively strengthening manufacturing technology, investing in high-end manufacturing equipment, and training professional talents.

Looking back at the continuous fluctuations in the global manufacturing industry in 2019, the supply chain is in uncertainty, and the overall output value of Taiwan's machine tool components in 2019 will be affected.

Looking back at the continuous fluctuations in global economic and trade conditions in 2019, the global economy is in a high degree of uncertainty, and the overall output value of Taiwan's machine tool industry in 2019 will be affected.

Africa is currently in a stage of explosive population growth. Currently, the entire African continent has a population of approximately 1 billion, and there will be 2 billion people by 2050. Compared with the fact that China’s surplus labor force is roughly exhausted, the African continent is a huge and attractive market for foreign investors.

Six trends are shaping the global chemical industry. While they spell uncertainty in the global context, they could open near-term opportunities in India.

Vietnam is one of the countries in Asia and the ASEAN that is most actively promoting regional economic integration. So far, it has passed and implemented 10 bilateral trade agreements, including ASEAN and Japan, South Korea, Chile, and the Eurasian Economic Union.

The U.S. government intends to impose taxes on American companies producing overseas, which should be moved back to the U.S. for domestic manufacturing.

Plastics waste is hurting the chemical industry as well as the environment. By taking the lead on recycling, chemical players could add a new dimension to the industry and help solve the problem.

The US-China trade war has triggered a major reshuffle of the supply chain. The global manufacturing industry is facing unprecedented challenges. In the process of transforming smart manufacturing, the biggest problem is the integration of operating technology (OT) and information technology (IT). Only by working with the smart manufacturing ecosystem can we have a chance to survive in the changes and seize future business opportunities.

Taiwan's IBM announced that it has joined forces with a large domestic solution integrator (SI) to identify the pain points that are difficult to integrate between IT and OT in the manufacturing industry, and uses the IBM Smart Manufacturing 5C maturity model as the blueprint. Both parties will provide pre-introduction evaluation services, depending on needs. However, SI will provide OT and IT integration services, or IBM will provide more data-driven AI value-added services.

Artificial intelligence (AI) has the potential to transform how healthcare is delivered. A joint report with the European Union’s EIT Health explores how it can support improvements in care outcomes, patient experience, and access to healthcare services.