Domestic hardware companies accelerate new product development

With the steady development of the national economy, the hardware industry has ushered in a new pattern, and the competition among enterprises has become increasingly fierce. Although China is a big importer and exporter of hardware products, it still has a certain gap compared with foreign countries. Domestic enterprises should start with developing new products and rapidly develop the hardware industry.

The hardware industry involves a wide range of fields, but to occupy a place in the hardware market must fully understand the hardware industry's industry dynamics. The specific classification of hardware tools is summarized as follows: Hardware tools are the general term for various metal devices manufactured by forging, rolling, cutting, and other physical processing of iron, steel, and aluminum. Hardware tools can be divided into tool hardware, construction hardware, daily hardware, lock grinding tools, kitchen hardware, home hardware, and hardware components according to the use of the product.

In 2013, when the development of the hardware industry was more revolutionary, in the global market, many developed countries in Europe and the United States transferred their hardware products to developing countries for large-scale production. The European and American countries focused on producing higher added value. product. The main reason is that the advanced production technology in Europe and the United States and the higher labor costs in such countries. As a country with a strong market, China is also a big importer and exporter of hardware products. At present, China's hardware manufacturers are mainly concentrated in the coastal areas.

China's hardware products are widely used in all walks of life and have significant economic benefits and benefits. However, compared with developed countries, there is still a certain gap in technology between the same products. Only by vigorously developing the hardware industry in China, starting with new products and accelerating the development of China’s hardware industry can we improve macroeconomic efficiency.

For the moment, China lacks a leader in the hardware industry. There are one or two relatively outstanding companies, but there is no obvious advantage in comparison with foreign technologies and overall competitiveness. On the other hand, China's hardware industry is relatively innovatory and has a single market structure that cannot follow the pace of the international hardware market. A large proportion of China’s hardware industry is derived from foreign trade orders, relying too much on external orders and lacking initiative. Especially under the influence of the global financial crisis in 2008, it is obviously irrational to rely solely on foreign trade orders for survival. Under the influence of the financial crisis, the export rate of hardware products was obviously attacked, and the company's own development was also difficult. Many domestic hardware industry survival companies mainly do OEM production, lack of technology lack of innovation, no visibility and core competitiveness.

China's hardware industry is undergoing industrial changes. It is necessary to increase investment in industry funds, focus on the research and development of new high-tech products, not rely on the company’s goals and competition in foreign trade orders, and constantly expand the application fields of hardware products. Improve the technology and core competitiveness of hardware products.