Status-quo and Development of Cutting-tool Industry in Taiwan and China

Jui-Lung Chen

International Business Research, 2018, vol. 11, issue 8, 90-96

Abstract: Cutting plays a very important role in the manufacturing industry. The global industries of general machinery, automobile, aviation and aerospace, energy, medical, rail transit, mold and machine tools, etc. cannot do without cutting-tool equipment. Modern efficient cutting-tools focus on high accuracy, high efficiency, high reliability and customization. The type numbers and varieties of cutting-tools produced in Taiwan and China are becoming rich day by day. Therefore, this research explored the cutting-tool industry in Taiwan and China, and employed expert interview, five forces analysis, and PEST analysis to analyze the industry. This study offered conclusions based on the research results and provide specific, substantial business improvement, policy formulation and other related recommendations for relevant industry, government-related units and academic research.

Keywords: cutting-tool; five forces analysis; PEST analysis (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ibrjnl:v:11:y:2018:i:8:p:90-96

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