Rapid expansion of hardware companies to achieve sustainable development

Date: 2018-10-26
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The hardware chain market has developed rapidly in the past few years. The development of China's hardware joining market has benefited from the development of China's economy and benefited from the rapid development of China's hardware agency industry. Luo Baihui, secretary general of the International Model Association, pointed out that China's hardware manufacturing industry is already a manufacturing base for hardware industry at home and abroad, and its production share accounts for more than half of domestic and foreign hardware manufacturing. China's hardware manufacturing industry is in a stage of rapid expansion. The situation laid the foundation for the development of the hardware market in various provinces and cities.


Along with the intensification of market competition pressure, most hardware companies are in the process of production, the profit margin of each stage of the industrial chain is compressed, and the space for price reduction is decreasing. After the price increase, the production cost of hardware companies will increase, it is difficult to pass on to the downstream, and the profit margin of hardware companies will be further squeezed. The vicious circle of industrial chain development has led many hardware companies to realize that if they want to develop in the long run and do a good job in the market, they must re-select a new battlefield. At the same time, price competition alone cannot establish core competitiveness, and it is not the direction of long-term development, so as to explore new development paths. At the same time, strengthen the technological innovation and quality of the company's own products. Establish a new business line policy to ensure the sustainable development of the company.



五金企业快速扩张 实现可持续发展

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