China's Epidemic Situation Is Unsolved, and the Machine Tool Association Believes That It Is Necessary To Deploy the U.S.A
The Machine Tool Association pointed out today (24th) that due to the impact of the epidemic in the mainland China market, the outlook is still unpredictable. Besides, it is expected that the U.S. economy will reverse upward after the second quarter, and it is necessary to arrange it on time. As for the scale of business opportunities, it depends on manufacturing. The extent of the industry’s return to the United States.
Taiwan's machine tool industry is facing an outbreak of Wuhan pneumonia this year, which has been hit by orders from China. It is rumored that existing players have set their sights on the US market and are actively planning to breakthrough. In this regard, the Secretary of the Machine Tool Association said in an interview that from a regional perspective, China is the largest machine tool market, followed by the European Union, and the United States is the second-largest market in a single country. However, the epidemic is unsolved now, the Chinese market The prospects are difficult to grasp, the EU market is relatively weak, and the US market is worth investing in. It is necessary to deploy promptly.
The rise of the new crown pneumonia epidemic and the appreciation of the new Taiwan dollar have surpassed those of competitors such as South Korea and Japan. As a result, Taiwan's machine tool manufacturers are facing the threat of Japanese machine tool manufacturers cutting prices and grabbing orders. To break through, many Taiwan machine tool manufacturers are actively deploying the American market to find a way out. The industry lamented that the exchange rate appreciation of the New Taiwan Dollar was already tragic enough. The new crown pneumonia epidemic continued to burn and severely impacted the mainland economy. However, the mainland is also the world's largest consumer market for machine tools, accounting for Youjia, Dongtai, Chengtai, Yongjin, and Taichung Seiki. The revenue share of major manufacturers is at least 25% to 30%, and more than 40%. The industry seeks to survive to break through one after another, turning to attack the US market, advertises the high CP value and fast service of the Taiwan machine tool industry, to resolve the threat of Japanese machine tool manufacturers to cut prices and grab orders.
Taiwan’s machine tools are dominated by the automotive and aerospace industry lines in the US customer base. It is currently expected that after the second quarter of this year, the US market will have a rebounding force. Also, US President Trump chanted that the manufacturing industry will return and the production line returns to the United States. It is expected to be a big business opportunity. The Secretary-General of the Taiwan Machine Tool Association said: "In the beginning, some auto parts in the United States were actually completed in Mexico before he went back, so at that time Trump also made some measures against Mexico. Everyone is watching, that is to say, when we are laying out in the United States, of course, the most important thing is that if the things he produced in Mexico can be sold to the United States, then look at the perspective of the Mexican production, If we say that these things must be returned to the United States for local production, then, of course, we will follow. That is to say, where is his capital layout, we will go to that side. 』
The size of Taiwanese companies is mostly small and medium-sized. When competing in the international market, they often encounter challenges such as capital and exchange rate. In particular, the scale of capital is difficult to compete with other big companies in other countries, making business opportunities "visible but not eatable." This is a long-term Has been difficult to resolve.
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