ASIA
15 that one of the biggest hurdles revolves around R & D and financing . “ The recent market downturn , as well as the trade war between the US and China , poses a great risk ,” he observes . “ Many manufacturers , especially in Asia , have slowed down their capital expenditure because they don ’ t have a clear picture of what the future holds .” Because the sector is so innovation-driven , CMT companies must keep up or risk dropping
to the back of the pack , making R & D mission critical . “ They need to invest heavily in R & D in order to find the most advanced technology that will help them survive in the CMT industry ,” Chao adds . “ If they make a wrong investment , it will potentially cost a fortune and generate a series of problems for the CMT company .” Other issues like patent infringement or security could also hamper investment .
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