According to the PMI data released by Markit Economics, the manufacturing conditions in China continued to contract and dropped to its weakest level in three months, while that of Indonesia remained in expansion mode. Like China, Malaysia’s manufacturing conditions too, deteriorated further to a five month low.
Disruptive technologies today look to change the landscape of manufacturing because it demands an entirely new mind set towards procurement strategies an eventually the overall business framework. By Guo Tao, NX Product Marketing Manager of Asia Pacific, Siemens PLM Software
The worldwide sales of industrial robots reached a new record number of 248,000 units in 2015. This is a 12 percent rise, compared to 2014’s 221,000 units. More than one in every four units went to China.
Eight Asian low-cost carriers have come together to form the world’s largest alliance – the Value Alliance – to provide more destinations, routing options and greater convenience for its customers.
Göppingen, Germany: The press manufacturer Schuler has recorded growth in new orders of 2.6 percent to €1.19 billion (US$1.31 billion) in its fiscal year 2014. “We achieved significant growth in Asia, including one of the largest orders in our 175-year history. We also received major orders in new market segments, such as equipment for the production of large pipes,” stated the company’s CEO Stefan Klebert. The Asian market accounted for 34.1 percent of total new orders and was the second-largest sales market after Europe (45.9 percent).
As part of an investment program totalling over €90 million, the company is investing some €10 million to build a demonstration centre in Tianjin, some 150 km south-east of Beijing. The reason behind building this centre in China is simple.
“There is growing interest in China for presses with our modern ServoDirect Technology,” stated Mr Klebert. The company said that the centre will be one of eight customer centres around the world.
China plays a central role in the company’s strategy and is the source of one third of its revenues. The company aims to serve the mid-price segment in Asia better in future “as we see huge growth potential here,” said Mr Klebert.
