Industry news

In 2018, Timken acquired Cone Drive. a leading provider of precision motion control technology solutions. The acquisition not only expands Timken's technological capabilities in precision drives, but also strengthens their joint competitiveness in key markets such as renewable energy and automation.

(NSK China, hereinafter referred to as NSK China) has officially passed the latest upgraded version (v6.0.3) of TISAX AL3 accreditation, becoming the first legal entity in NSK China to be awarded this version of accreditation. The certification label is effective…

In the field of equipment operation and maintenance, SKF has also launched a product with the same concept, Insight Predict, which reduces redundant data transmission and processing to achieve the desired goals through intelligent data collection and edge algorithms on the sensor side.

Timken recognised the importance of energy efficiency in industrial equipment decades ago and began designing energy efficient bearings.

Activity site, the German high-precision bearing project ‘cloud signing’ settled in the Sino-German (Changzhou) Innovation Industrial Park, the two sides jointly signed the investment agreement.

At the meeting, President Yu Guoping was invited to make an exchange speech around the headquarters economy.

I sincerely wish you good health and all the best. With this as my New Year's message, I would like to extend my best wishes to you once again.

SKF has now enabled this functionality on its English language websites in several key markets, including the UK, US, India and the Group's official website. In the coming year, the company plans to further expand to non-English-speaking regions.

Mass production of this product is scheduled to begin in 2025, and it is expected that by 2030, annual sales of 1 billion yen will be achieved globally.