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INDUSTRY NEWS
03-14
Automotive Sourcing Models are Changing
The automotive industry trends can be cyclical in outsourcing. But we're seeing a change across the value chain with the development of new technology. For starters, automakers that used to outsource parts design and manufacturing to Tier 1 suppliers now are doing some design work-in electrification, advanced driver assistance systems (ADAS), connected vehicles and other areas-themselves.
03-14
China's mold industry technology trends
The technological level of China's mold industry has made considerable progress in recent years. The development requirements of modern industrial products industries replacement fast, increasing the demand on the mold.
03-14
Medical Device Industry – Trends
The Medical Devices industry is showing an upward tick in terms of growth – in 2016 market size was $37.8 billion, followed by $38.3 billion in 2017 and $39.2 billion in 2018. The industry is estimated to reach a total of $40.2 billion in 2019, a $2.4 billion growth in only 3 years – clearly growing at a healthy pace. With the additional spotlight put on this industry with some big asian countries, the growth could be exponential.
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