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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.
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.
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.
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.
Will the African market be the next manufacturing hub? African leaders call on Nigeria and African countries to strengthen manufacturing and regional supply chains.
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.
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.
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.
The discipline of tooling design is fundamental to manufacturing. The cost of manufacturing and of the end product depends heavily upon tool design.
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.
Today we are going to learn more about "under one roof" in manufacturing. All disciplines are under one roof, which brings several advantages.
In recent years, the Russian government has fully supported the development of the machine tool and automobile industry and has continued to try to get rid of the impact of continued Western economic sanctions and the decline in international crude oil prices. Therefore, the Russian government is actively promoting various "import substitution" and "production line modernization" policies.
As industry 4.0 technology continues to advance, existing data can be harnessed to develop machine-learning solutions that deliver real value, optimize decision making, increase flexibility, and attract top talent.
Many generation industrialists gradually move towards brand thinking, and then begin to build the ability to use data analysis techniques to capture business opportunities.
It is predicted that in 2021, the four major industries of Taiwan's metal electrical and mechanical industries, information electronics, chemical industry, and people's livelihood industry will all grow positively.
With the constant development of modern technology, the power output of equipment, such as internal combustion engines and motors is getting stronger and stronger. To attain the full efficiency of these power sources, reducers are incorporated.
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.
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.
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.
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.
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