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Singapore intends to leveraging high-end manufacturing to build the world's most competitive factory

Singapore intends to leveraging high-end manufacturing to build the world's most competitive factory

  • Categories:News
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  • Time of issue:2019-10-31
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(Summary description)OFweekindustrialnetworknews:accordingtoSingapore's"businesstimes"reportedonApril17th,Singaporewantstomakeallthefactoriesintheworldtobecometheworld'smostcompetitive,themostefficientandmostcreativefactory. LinGuoqiang,AssistantSecretaryforeconomicdevelopmentinSingapore,saiditwasagrandandboldgoal.However,Singaporeistoachievethisgoalbycreatinghigh-endmanufacturing.Ontheonehand,Singapore'smanufacturingindustryisinatransitionperiod,withthecurrenttrendofdevelopmentenoughtoentertheindustrial4.Reportedthathigh-endmanufacturingintegrationofnewautomationtechnologies,suchasrobots,materialmanufacturing,automatedguidedvehicles,aswellascloudcomputing,augmentedrealityandmachinelearning,suchasindustrialnetworking,etc..LinGuoqiangsaidthattheexistingfactoriesinSingaporecanbeadoptedtobecometheworld'smostcompetitivetechnology.ThisalsoallowsthemanufacturingsectortocontinuetocontributetoSingapore'seconomicgrowthrateof20%.Accordingtoreports,Singapore'sfutureeconomiccommitteebelievesthathigh-endmanufacturingisoneofthekeygrowthpointsforsingapore.Singaporegovernmentthroughresearch,innovationandenterprise2020program,theallocationof$3billion200millionSingaporedollars(aboutRMB15billion680million),forthedevelopmentofhigh-endmanufacturingandengineeringtechnology.LinGuoqiangsaid,Singaporehasahugemanufacturingbase,sowedonotstartfromscratch."Today'smanufacturingsectorisnolongerjustlaborcosts,sothesecompaniesmustconstantlyexplorenewwaystoactivelyadoptnewtechnologies,inordertoimprovethelevelofmanufacturing.Reportedthattheintegrationoftechnologyanddigitalcanmakethefactorybecomemoreintelligent.ButLinYongqiangsaidthateachplantintheuseoftechnologymustfindtheirownway.Atthesametime,healsostressedthatthefactorytospendtimewiththenewtechnologyconstantlyrunninginordertoimproveproductionefficiency.Theuseofnewtechnologieswillnotonlymaketheplantmoreintelligent,butalsoprovidesmorenewpossibilities,suchastheproductionofmorediverseproducts,thedevelopmentofnewbusinessmodels,suchascustomizedproducts.

Singapore intends to leveraging high-end manufacturing to build the world's most competitive factory

(Summary description)OFweekindustrialnetworknews:accordingtoSingapore's"businesstimes"reportedonApril17th,Singaporewantstomakeallthefactoriesintheworldtobecometheworld'smostcompetitive,themostefficientandmostcreativefactory. LinGuoqiang,AssistantSecretaryforeconomicdevelopmentinSingapore,saiditwasagrandandboldgoal.However,Singaporeistoachievethisgoalbycreatinghigh-endmanufacturing.Ontheonehand,Singapore'smanufacturingindustryisinatransitionperiod,withthecurrenttrendofdevelopmentenoughtoentertheindustrial4.Reportedthathigh-endmanufacturingintegrationofnewautomationtechnologies,suchasrobots,materialmanufacturing,automatedguidedvehicles,aswellascloudcomputing,augmentedrealityandmachinelearning,suchasindustrialnetworking,etc..LinGuoqiangsaidthattheexistingfactoriesinSingaporecanbeadoptedtobecometheworld'smostcompetitivetechnology.ThisalsoallowsthemanufacturingsectortocontinuetocontributetoSingapore'seconomicgrowthrateof20%.Accordingtoreports,Singapore'sfutureeconomiccommitteebelievesthathigh-endmanufacturingisoneofthekeygrowthpointsforsingapore.Singaporegovernmentthroughresearch,innovationandenterprise2020program,theallocationof$3billion200millionSingaporedollars(aboutRMB15billion680million),forthedevelopmentofhigh-endmanufacturingandengineeringtechnology.LinGuoqiangsaid,Singaporehasahugemanufacturingbase,sowedonotstartfromscratch."Today'smanufacturingsectorisnolongerjustlaborcosts,sothesecompaniesmustconstantlyexplorenewwaystoactivelyadoptnewtechnologies,inordertoimprovethelevelofmanufacturing.Reportedthattheintegrationoftechnologyanddigitalcanmakethefactorybecomemoreintelligent.ButLinYongqiangsaidthateachplantintheuseoftechnologymustfindtheirownway.Atthesametime,healsostressedthatthefactorytospendtimewiththenewtechnologyconstantlyrunninginordertoimproveproductionefficiency.Theuseofnewtechnologieswillnotonlymaketheplantmoreintelligent,butalsoprovidesmorenewpossibilities,suchastheproductionofmorediverseproducts,thedevelopmentofnewbusinessmodels,suchascustomizedproducts.

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2019-10-31
  • Views:0
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OFweek industrial network news: according to Singapore's "business times" reported on April 17th, Singapore wants to make all the factories in the world to become the world's most competitive, the most efficient and most creative factory.
 
Lin Guoqiang, Assistant Secretary for economic development in Singapore, said it was a grand and bold goal. However, Singapore is to achieve this goal by creating high-end manufacturing. On the one hand, Singapore's manufacturing industry is in a transition period, with the current trend of development enough to enter the industrial 4.
 
Reported that high-end manufacturing integration of new automation technologies, such as robots, material manufacturing, automated guided vehicles, as well as cloud computing, augmented reality and machine learning, such as industrial networking, etc.. Lin Guoqiang said that the existing factories in Singapore can be adopted to become the world's most competitive technology. This also allows the manufacturing sector to continue to contribute to Singapore's economic growth rate of 20%.
 
According to reports, Singapore's future economic committee believes that high-end manufacturing is one of the key growth points for singapore. Singapore government through research, innovation and enterprise 2020 program, the allocation of $3 billion 200 million Singapore dollars (about RMB 15 billion 680 million), for the development of high-end manufacturing and engineering technology.
 
Lin Guoqiang said, Singapore has a huge manufacturing base, so we do not start from scratch." Today's manufacturing sector is no longer just labor costs, so these companies must constantly explore new ways to actively adopt new technologies, in order to improve the level of manufacturing.
 
Reported that the integration of technology and digital can make the factory become more intelligent. But Lin Yongqiang said that each plant in the use of technology must find their own way. At the same time, he also stressed that the factory to spend time with the new technology constantly running in order to improve production efficiency. The use of new technologies will not only make the plant more intelligent, but also provides more new possibilities, such as the production of more diverse products, the development of new business models, such as customized products.

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