The troubles caused by this COVID-19 not only affected everyone's health and safety, but also caused global economic development due to shutdowns, closures, supply chain breaks, and joint losses.

Japanese machine tool factory develops next-generation business opportunities, demands for replacement machines and introduces 5G services.

For manufacturers, the safety of their employees is always at the forefront of their minds. You want to keep your workers safe at all times, so events like a global pandemic can be troubling. How do you balance productivity while making sure you don’t contribute to spreading the virus?

No manufacturer wants their production machinery to break down. Preventive maintenance is designed to avoid expensive interruptions to operations. However, some failures can’t be avoided.

Global automakers are out of material and shut down, this year's machine tool exports fear a decline of more than 10%.

According to the economic growth data currently released by the US Department of U.S. Bureau of Economic Analysis (BEA), in the third quarter of 2019, US private consumption reached a growth rate of 2.6%. Compared with private consumption, the growth rate of private investment is the lowest since President Trump ’s tenure, only 0.4%.

Are U.S.-China Trade War and COVID-19 influence business opportunities in the United States? The United States is the second-largest consumer of machine tools in the world, the industrial market is still waiting, and global economic demand has not significantly recovered.