Korean machine tool companies have increased their orders and the industry has good prospects for development.

According to South Korea’s Seoul Economic News, the Korean machine tool industry recently pointed out that despite the recent sluggish global economic development, the Korean machine tool industry has entered a good position, and the machine tool industry, known as the “barometer” of the manufacturing boom, reflects the manufacturing boom. The outlook should be quite optimistic in the short term. Among them, South Korea's Doosan Infracore received only 2,200 orders for machine tools only in April this year, a record high, more than twice the monthly average order of 1,000 units last year. The operating rate of the original factory is as high as 130%. In addition, the recent increase in China's automobile production has also driven demand for machine tools, and its operating rate in Yantai, China has exceeded 100%. Another well-known company, Hyundai-Wia, has also increased its order volume so far this year, and this year's production plan has increased by 50% compared to last year. To solve the problem of possible cumulative orders, the company The production line of its Changwon Plant has been increased, and it is planned to increase the order production volume of the entrusted OEMs from the second half of the year. Starting from August, its machine tool 2 plant in Zhangjiagang, China will also start construction.  

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