Hardware tools OEM licensing should be seriously explored in a new way

With the continuous application of modern scientific and technological achievements in the industry, the competition in the hardware industry is becoming more and more fierce. No matter want to be in hardware industry which one domain stands firm, want to understand the development trend of the market adequately. Hardware tools include various manual, electric, pneumatic, cutting tools, steam protection tools, agricultural tools, lifting tools, measuring tools, tools and machinery, cutting tools, working fixtures, cutting tools, molds, cutting tools, grinding wheels, drills, polishing machines, tool accessories, measuring tools and cutting tools, abrasive materials, etc. Most of the domestic hand tools enterprises are mainly low-end products or OEM brand, products and brand products are still dominated by European and American countries. Also, as the profit space of manual tools is shrinking and the space for price reduction is decreasing, it is difficult for enterprises to establish core competitiveness by price competition alone, so they should explore new development paths.

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