[PConline News] In mid-March, Midea Group Co., Ltd. and Toshiba Corporation jointly announced that they have signed a memorandum of understanding regarding Toshiba’s sale of a controlling interest in its appliance business (“Toshiba Home Appliancesâ€) to the United States. Just today, both U.S. and Toshiba announced on their respective official websites that the two parties have reached an agreement and will further strengthen their strategic partnership. The agreement reached by Toshiba with this time mainly involves the following points: 1. Midea and Toshiba signed an equity transfer agreement. Midea will receive an 80.1% stake in Toshiba's home appliance business (a transaction price of approximately 53.7 billion yen), while Midea and Toshiba will strengthen their strategic partnership. 2. Midea will receive 40 years of global license from Toshiba brand. 3, the United States will be committed to maintaining a reliable brand image of Toshiba appliances, best practices, first-class customer service and high quality standards. Under the agreement, Midea will acquire Toshiba’s home appliance business (hereinafter referred to as “home appliance business†or “Toshiba home applianceâ€), which is an 80.1% stake in Toshiba Electric Appliance Co., Ltd. (“TLSCâ€), while Toshiba will retain a 19.9% ​​stake. The business will continue to develop, produce and sell white goods such as refrigerators, washing machines, vacuum cleaners and other small appliances under the Toshiba brand name and TLSC company name. TLSC Group employees engaged in home appliance business will continue to work in the TLSC Group. Midea will receive a 40-year global license from Toshiba Brand. In addition, Midea will acquire more than 5,000 patents related to home appliances and be authorized to use other home appliance-related patents held by Toshiba. Comment: From the perspective of both the US and Toshiba on the acquisition, both parties regard this cooperation as a reciprocal measure. In the future, they may see a win-win situation, relying on this cooperation. With a number of patents and Toshiba’s reputation in the home appliance industry, Midea’s development in the home appliance industry will be more robust. Toshiba will also explore new opportunities for development in the home appliance industry.
As the different workpiece machined and working condition, we can offer and design the best router bit for your
situation. With their unique properties, our OPT woodworking cutters ensure max. machining productivity, and can be re-sharpened many times without affecting the original profile.
PCD Router Cutting Tools
PCD wood router bit
Flexible in order quantity:
Samples can be provided before mass production, and MOQ can be discussed accordingly.
PRODUCT DETAIL:
PRODUCTING PROGRESS:
PAYMENT AND DELIVERY:
PRODUCT EQUIPMENT :
ABOUT US :
We are specialize in manufacturing PCD diamond tools and Carbide tools. Our major product inclulde PCD Inserts , PCD Reamers , PCD End Mills, PCD Taps, Cabide Inserts,Carbide Drills, Carbide Reams, Taps etc.,
We also offered customized cutting tools per drawings, and provide package according to customer requirements. We manufacture a series range of cutting tools for machining of Cast iron, Aluminium alloy and Non-Ferros metal, it is widely used in all major sectors like Automobiles, Engineering, Aerospace, Aviation and 3C industry. Premium quality of raw material is used in the production and strict examination during processing with advanced equipment, so our client are satisfied with our reliable quality and on-time delivery.
Our best selling of cutting tools include PCD Inserts, PCD End Mill, PCD Ball Nose Mill, PCD Reamer, Carbide Taps , Carbide End Mill, Special Form Cutter and many more. For these years we have been made a large forward in the technologies of manufacturing cutting tools. With high quality on performance and price, our product sells well both on domestic and overseas market. And we will always focus on the quality and best service, to make long business relationship.
quanlity control:
We have dedicated team of quality control and precise equipment to keep good and stable performance for our products and processing services.
PCD Router Bits,Diamond Drill Bit,Diamond Router Bits,PCD Wood Router Bit OPT Cutting Tools Co., Ltd. , https://www.optdiamondtoolss.com
We have a world-class technical team, and can design cutting tools as individual situation.You can send us tool samples for checking, or wood samples for designing the right tools.
