Global and China China Machine Tool Industry will reach 37.0% and 7.6% separately …
In China machine tool industry, China CNC machine tools see the fastest growth. In 2012, the CNC rate of metal China cutting machine tools and CNC forming machine tools hit 25.8% and 5.8% separately; their CNC rates are expected to be 29.2% and 6.8% respectively …
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CLSA upbeat on Advantech-Hiwin robot alliance
Brokerage CLSA has raised its price target for shares of industrial computer supplier Advantech to NT$ 270 (US$ 9.02) from NT$ 210 (US$ 7.00) after the company forged a robotics alliance with machine tool manufacturer Hiwin Technologies. Advantech and …
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