The world is poised to change forever with the implementation of fifth-generation connectivity for data networks across the world. 5G has been promised to be the savior to any connectivity problems we've had in the past and it's also been highlighted as a path towards a fully wireless future.
A ball screw is a kind of transmission mechanical component in which a steel ball moves between screw and nut to convert the sliding contact of the traditional screw into rolling contact.
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.
Disruptive technology is overturning the digital transformation of the automotive supply chain. The recent COVID-19 epidemic has hit the global auto market. The demand for transformation within the industry has increased. The integration of technology applications and electric vehicles will become the future development trend.
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.
In machining, boring is the process of enlarging a hole that has already been drilled by means of a single-point cutting tool, such as in boring a gun barrel or an engine cylinder.
Automation technology accelerates the development of the industrial robot industry. In order to maintain and improve productivity, the manufacturing industry accelerates the introduction of unmanned and industrial automation technology. Industrial robots have become a long-term rigid demand.
The medical device industry is transforming. Nearly 80% of medical material companies believe that medical networking is the most important growth opportunity in the future, and 45% believe that cooperation with strategic partners is necessary. In fact, for medical IT solution vendors, the next decade is also an opportunity for their growth.
Tool reconditioning is witnessed to be gaining in popularity as companies try to balance cost savings with high worker productivity and project completion rates. Processes like machine tool reconditioning, tool regrinding, and end mill regrinding are all viable options for both large and medium-sized facilities to consider.
Interest in learning machine learning has skyrocketed in the years since Harvard Business Review article named ‘Data Scientist’ the ‘Sexiest job of the 21st century’. But if you’re just starting out in machine learning, it can be a bit difficult to break into.
Will the African market be the next manufacturing hub? African leaders call on Nigeria and African countries to strengthen manufacturing and regional supply chains.
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.
A Bridgeport mill is a standard manual knee-type vertical milling machine. The reason that many people refer to a manual mill simply as a “Bridgeport” is that it’s one of the most famous brand names that’s found in most machine shops.
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.
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.