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Shenzhen Powstar Technology Limited
(Headquarters)Jiujiutongxin Industrial Park, Tongle Town, Longgang District, Shenzhen, China


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Mold Accessories Industry Is Currently In A Period Of Rising
Nov 11, 2016

Currently engaged in mould production more, but smaller, mostly small workshops mode, there is no scientific and technological content. Manufactured by a small tool and die products are imitated, leading to homogenization of low-end die more and more. Mold companies face the problem of excess capacity and inventories. Mold enterprises in order to improve sales and lower product prices. Several mold companies have cut prices, eventually leading to the industry as a whole is in trouble, fewer and fewer corporate profits. As profits continue to compress, businesses simply do not have the extra money for research and development.