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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.
There are two kinds of RFID systems that exist- passive and active. If you're new to RFID, you might be wondering what the difference is between these types, and which one is best for your application. Below, we provide a short answer.
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.
Central and Eastern European countries are emerging markets. Among them, Poland, which is located in the transportation hub of Western and Eastern Europe, has the most potential for the development of the manufacturing market.
The US-China trade war has hit the global market. Since the start of the trade war, the US has imposed tariffs on China in three waves, which has also brought out the benefits of transfer orders. Among them, Mexico has benefited the most. The proximity to the United States, tariff-free exports, and cheap labor are opportunities that companies have seen in Mexico in the past. But in the future, the US-Mexico-Canada trade treaty may weaken Mexico's cost advantage.
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.
Most of today's machine tool companies are from Germany. As the world's most developed machine tool technology country, the German government has always attached importance to the important strategic position of the machine tool industry, and both basic scientific research and applied technology research.
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.
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.
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.
The global market for Packaging Machinery is projected to reach US$51.5 billion by 2025, driven by the economic value generated by packaging for industrial and consumer goods; and the growing interests in robotic packaging automation against a backdrop of growing competition in the Fast-Moving Consumer Goods (FMCG) industry and the ensuing pressure to accelerate time-to-market.
How to choose the rise of India's manufacturing industry and whether it can accelerate its growth will determine whether Taiwan's machine tool industry can find a new blue ocean in South Asia as expected.
From January to June 2020, Vietnam's industrial production index increased by 2.71% compared to the same period last year (2019).
Industry 4.0 has brought about changes in production logic. Through cloud technology and the use of big data, it is possible to monitor the entire production process, automatically detect problems and eliminate obstacles, and at the same time be able to accurately produce and schedule resources, reduce costs and waste of resources, and achieve the most efficient Production. In the future, the new trend of Industry 4.0 will tend to analyze huge amounts of data and manufacture customized products close to the client.
The ASEAN countries' economy is growing stronger, and it is expected to leap into the world's fourth-largest economy in 2030. Taiwan has geographical advantages and is actively developing a south-facing economic island chain.
In 2019, the global machine tool is facing a severe test, and the market prosperity is not ideal.
The epidemic severely hurts the global economy and the manufacturing industry in Asia is at a bottom.
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