Beth, that's a really, good question that no one is answering. The partnership appears to be aimed at the first possibility: growing the commercial Chinese aircraft market. What Boeing will get out of this is not clear--it may or may not be a cheaper source of aircraft production. That would make a lot of sense--and take away more US jobs.
Excellent point, TJ. While China can definitely bring a lot to the table and collaborative efforts are inherently good for industry, there are definite red flags that require close attention. Intellectual property in the aerospace sector certainly has longer legs than IP in the fast-paced world of consumer electronics so it's an issue that requires viligence as part of the partnership terms.
Ann, it seems that like in other areas Chinese government wants an upper hand in avionic sector too. That could be the one reason for Chinese companies for a joint venture in R&D and major investments. anyway they have a major stake in Hardware and associated areas
Good story, Ann. I agree with Beth, this is an interesting development. On the surface, it looks like a good move to involve China in U.S. industry. I would imagine Boeing will be very, very careful with its IP. This could be a good step toward maturity for China's airline industry.
Interesting development and and another example of China's manufacturing and development muscle reaching into every important industry segment. Does this partnership spell more aircraft production to serve the Chinese commercial aircraft market or does it portend China playing a bigger role in providing aircraft for the global commercial aircraft industry at large, or both?
By experimenting with the photovoltaic reaction in solar cells, researchers at MIT have made a breakthrough in energy efficiency that significantly pushes the boundaries of current commercial cells on the market.
In a world that's going green, industrial operations have a problem: Their processes involve materials that are potentially toxic, flammable, corrosive, or reactive. If improperly managed, this can precipitate dangerous health and environmental consequences.
A quick look into the merger of two powerhouse 3D printing OEMs and the new leader in rapid prototyping solutions, Stratasys. The industrial revolution is now led by 3D printing and engineers are given the opportunity to fully maximize their design capabilities, reduce their time-to-market and functionally test prototypes cheaper, faster and easier. Bruce Bradshaw, Director of Marketing in North America, will explore the large product offering and variety of materials that will help CAD designers articulate their product design with actual, physical prototypes. This broadcast will dive deep into technical information including application specific stories from real world customers and their experiences with 3D printing. 3D Printing is