Conglomerate Companies Industry - REVIEWS
  • The following outline is provided as an overview of and topical guide to industry: Industry – refers to the production of an economic good or service
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  • it is considered to be working in different industries. The manufacturing industry became a key sector of production and labour in European and North
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  • The following outline provides an overview of and topical guide to entertainment and the entertainment industry: Entertainment is any activity which provides
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  • extraction industries. In these industries, the product (that is, the focus of production) is a natural resource. Agriculture (outline) – cultivation of animals
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  • Principles of Biochemistry (3rd ed.). New York: Worth Publishing. ISBN 978-1-57259-153-0. Corbridge, D.E.C. (1995). Phosphorus: An Outline of its Chemistry
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  • The following outline is provided as an overview of and topical guide to agriculture: Agriculture – cultivation of animals, plants, fungi and other life
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  • Non-rocket spacelaunch Space manufacturing Spaceflight portal Outline of space exploration Outline of space science NewSpace Lindsey, Clark (2013-04-29). "SpaceX
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  • The following outline is provided as an overview of and topical guide to telecommunication: Telecommunication – the transmission of signals over a distance
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  • Heavy Industries, Ltd. The Nagasaki works was renamed the Nagasaki Shipyard & Engine Works. The Kobe works was renamed the Mitsubishi Heavy Industries - Kobe
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  • Osamu Tezuka Outline of artificial intelligence Outline of automation Outline of machines Outline of technology Oxford English Dictionary Ozma of Oz PackBot
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  • The following outline is provided as an overview of and topical guide to applied science: Applied science – the branch of science that applies existing
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  • Outline of business management Outline of commercial law Outline of economics Outline of finance Outline of marketing Outline of production Outline of
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Results from sister projects


United States

ComcastWalt Disney Co.ViacomCBS CorporationAT&TAccess Industries[12]Discovery, Inc.Hasbro
Movie productionUniversal Filmed Entertainment GroupWalt Disney Studios, UTV Motion Pictures (India)Paramount Motion Pictures GroupWarner Bros. Pictures GroupAI Film (UK), RatPac-Dune Entertainment (controlling stake[13]), Access Entertainment (US)Lionsgate Films (3%)Allspark Pictures
TV productionNBCUniversal Content Studios, Sky Studios, DWA TelevisionDisney TV Studios, It's a Laugh Productions, Disney TV Animation, FX Productions, Freeform Productions, Marvel TVParamount Television, Nickelodeon Animation StudioCBS Films
CBS TV Studios
WB TV Group, WB Animation, WBITVP, Cartoon Network StudiosAmedia (majority stake[14]) (RU)Discovery Studios, All3Media (50%), Lionsgate Television (3%)Allspark, Allspark Animation (US); Boulder Media (IE)
Broadcast TV networkNBC, Cozi TV, Sky,
Telemundo, TeleXitos
ABC, LWN (US); Super RTL (50%), RTL2 (15.75% DE)CBS, The CW (50%), Decades (JV)Chilevision, The CW (50%)R.G.E. Group (33%[15]) (IL)Discovery Networks U.S., Discovery Networks International
Cable channelsNBCUniversal Cable, SkyDisney Channels, UTV net, A&E Networks (50%), Fox Nets Group, Freeform, FX Networks, NatGeo Net (73%)Viacom Media NetworksPop, Showtime NetworksTBS, TNT, TruTV, Cartoon Network, HBODiscovery Family (40%)
News, business channels/
operations
NBCUniversal News Group, Sky NewsABC News, ABC News RadioCBS News, CBSNCNN, HLN
National sports networks/
operations
NBC Sports Group, Sky Sports, NHL Network (15.6%)ESPN Inc. (80%)CBS SportsTurner Sports, AT&T SportsNet, MLB Network (16%), NBA TVSports Channel (IL)Eurosport (Europe), DSport (India)
Audio
industry
Back Lot MusicABC Audio, Disney Music Group, Fox Music, Marvel New Media, Radio DisneyComedy Central Records, Nick RecordsCBS RecordsWaterTower MusicWarner Music Group
PublishingMarvel Comics, National Geographic (73%), Disney Publishing WorldwideSimon & SchusterDC Comics, MAD MagazineGolf Digest, Golf World; Motor Trend Group (joint-venture)
OTTPeacock, Now TV, Sky GoDisney+, Hulu,[a] ESPN+, Hotstar, Marvel UnlimitedPluto TV, BET+, NogginCBS All Access, ShowtimeHBO Max, AT&T TV Now, HBO Now, DC Universe, Boomerang, Crunchyroll,DAZN (85%[17][18])GolfTV
InternetFandango (70%)Disney Online, Disney Digital NetworkMTV New MediaCNETFandango (30%), Otter MediaDeezerGroup Nine Media (35%)
TelecommunicationsXfinity, Sky BroadbandAT&T CommunicationsICE Group
Video gamesUniversal Brand DevelopmentDisney Games and Interactive Experiences, Marvel Games, LucasArtsParamount Digital EntertainmentWarner Bros. Interactive Entertainment, Rooster Teeth Games
2018 RevenuesNBCUniversal: US$33 billion[19]
US$59.4 billion[20]US$13 billion[21]US$14.5 billion[22]WarnerMedia: US$31.5 billion[23]US$17 billionUS$10.6 billion[24]US$4.7 billion[25]

Notes:

  1. ^ Although Hulu is now fully controlled by Disney after Comcast relinquished its control, Comcast still owned 33% stakes of Hulu as a silent partner with their agreement for Disney to purchase the ownership stakes of Comcast in Hulu by 2024.[16]

International

Sony (Japan)Bertelsmann (Germany)Vivendi (France)Liberty Global (UK/US/NL)CT Corp (Indonesia)Televisa (Mexico)Grupo Globo (Brazil)ABS-CBN (Philippines)The Times Group (India)
Movie productionSony Pictures Motion Picture Group, Sony Pictures Entertainment Japan (Japan)UFAEagle Rock Entertainment (UK), StudioCanal (FR), Polygram (US)Lionsgate Films (US, 3.5%)Transinema PicturesVideocineGlobo FilmesStar Cinema, Skylight FilmsMirchi Movies Limited, Junglee Pictures Limited
TV productionSony Pictures Television (US), Syco (US & UK)Fremantle (UK)Banijay Entertainment, Zodiak Media (26.2%), Endemol, Endemol Shine GroupAll3Media (UK, 50%), Lionsgate Television (US, 3.5%)Estúdios GloboABS-CBN Entertainment, Dreamscape Entertainment, Star Creatives TVMetropolitan Media Company Limited
Broadcast TV networkGetTV (US)Buzzr (US)
RTL Group (LU)
Canal+ GroupTelenet (BE, 58%), Ziggo (NL, 50%), ITV plc (UK, minority)Trans TV, Trans7Canal de las Estrellas, Canal 5, Gala TV, FOROtvRede Globo, Globosat (Brazil), Globo TV InternationalABS-CBNTimes Global Broadcasting and Zoom Entertainment Network
Cable channelsSony Pictures Television NetworksTelevisa NetworksCreative Programs, ABS-CBN GlobalTimes Music, Movies Now, Romedy Now
News, business channels/
operations
CNewsCNN Indonesia (JV)GloboNewsABS-CBN News, ABS-CBN News ChannelET Now, Lead India, Mirror Now, Times Now
National sports networks/
operations
Sony ESPN (India)Sports Channel (IL)Canal SportZiggo Sport (NL, 50%)Golf Channel Indonesia (JV), Golf+TDNSporTVABS-CBN Sports, ABS-CBN Sports+Action
Audio
industry
Sony Music Group (US), EMI Music Publishing (UK, 38%), Sony Music Entertainment Japan (Japan)BMGUniversal Music GroupSM Entertainment Indonesia, Trans Talent ManagementSom LivreStar MusicZoom, Radio Mirchi
PublishingGruner + Jahr, Penguin Random House (US, UK 53%), Bertelsmann Printing GroupEditisEditorial Televisa, IntermexEditora GloboABS-CBN PublishingThe Times of India, The Economic Times, Navbharat Times, The Illustrated Weekly of India
OTTCrackle, PlayStation Vue, FunimationNowBlimiWant, Sky On DemandGaana.com
InternetDailymotiondetik NetworkComercio Más, Televisa DigitalGlobo.comABS-CBN Digital MediaBoxTV.com, CricBuzz, TimesJobs, SimplyMarry, MagicBricks, ZigWheels
TelecommunicationsSony Mobile, So-netUPC Broadband (Europe), Virgin Media (UK), Telenet (Belgium) (58%), Vodafone Netherlands (50%)ABS-CBN Convergence (68%), Sky Cable Corporation (59.4%)
Video gamesSony Interactive Entertainment, UntiesGameloft, Good CatchABS-CBN Multimedia
2018 RevenuesSony Entertainment: US$15.1 billion US$20.30 billion€14 billionUS$12 billionTrans Corp: US$207.6 millionUS$4.81 billion[29]US$4.4 billionUS$760 millionUS$1.5 billion (2016)[30]

  • video games software, electronic media and music companies. Whilst historically, there was more diversity in companies, they have recently merged to form
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  • radio companies could own not more than 8 local stations per area market. Most stations are now owned by major radio companies such as iHeartMedia (formerly
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  • G/O Media Inc. is a media company that runs Gizmodo, Kotaku, Deadspin, Jezebel, The Onion and other sister websites. G/O was formed in April 2019 when
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  • Gazprom-Media (Russian: ОАО Газпром-Медиа) is the largest Russian media holding. It was founded in 2000 as a subsidiary of Gazprom, a large Russian company founded
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  • Immediate Media Company Limited (styled as Immediate Media Co) is a publishing house owned by Hubert Burda Media, which acquired the company in January
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  • A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as television
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  • hundreds of millions’ of dollars.” The company laid off several employees in late 2017, as did other digital media companies. Inconsistencies in tracking viewer
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  • NOS, SGPS S.A. is a Portuguese media holding company whose main assets include a satellite, cable operator, and ISP, a mobile phone operator, a movie
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  • of Fortune (US) and Kolkata-based ABP Group, one of India’s largest media companies. The first issue of Fortune India was published in September 2010 with
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  • portal Companies portal United States portal List of conglomerates https://about.att.com/pages/company_profile "Business Units | WarnerMedia". www.warnermediagroup
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  • Gawker Media LLC (formerly Blogwire, Inc. and Gawker Media, Inc.) was an online media company and blog network. It was founded by Nick Denton in October
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  • stock of several major media and telecommunication companies. Companies portal Film portal Television portal List of Colorado companies The postal designation
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  • Otter Media is an American digital media company owned by WarnerMedia Entertainment, a division of AT&T's WarnerMedia. It owns Crunchyroll, VRV, Fullscreen
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  • (most of them mixed-economy companies) were transferred to the private sector as part of this policy. Brasil State Owned Companies Fact Sheet / Download from
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  • Vox Media, Inc. is an American digital media company based in Washington, D.C. and New York City. The company was founded in July 2005 as SportsBlogs
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  • Gizmodo Media Group was an online media company and blog network formerly operated by Univision Communications in its Fusion Media Group division. The
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  • Seeker (stylized see<er) is an American digital media network and content publisher based in San Francisco, California. The network was established in
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  • dominate a market. When the larger scale media companies buy out the more smaller-scaled or local companies they become more powerful within the market
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  • Media may refer to: Media (communication), tools used to store and deliver information or data Advertising media, various media, content, buying and placement
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  • renamed the company Verizon Media in January 2019. Within Verizon Media, AOL and Yahoo! maintain their respective brands. Verizon Media is a division
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A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as television, radio, publishing, motion pictures, theme parks, or the Internet. According to the magazine The Nation, "Media conglomerates strive for policies that facilitate their control of the markets around the world."[1]

Contents

Terminology

A conglomerate is a large company composed of a number of smaller companies (subsidiaries) engaged in generally unrelated businesses.

Starting in 2007, it has been questioned[2] if media companies actually are related.[vague] Some media conglomerates use their access in multiple areas to share various kinds of content such as: news, video and music, between users. The media sector's tendency to consolidate has caused formerly diversified companies to appear less diverse[to whom?] in comparison with similar companies[clarification needed]. Therefore, the term media group may also be applied, however, it has not yet replaced the more traditional term.[3]

Examples by country

In the 2018 Forbes Global 2000 list, Comcast was America's largest media conglomerate in terms of revenue, with The Walt Disney Company, AT&T, CBS Corporation and Viacom (both are controlled by National Amusements through supervoting shares) completing the top five.[4][5]

In 1984, fifty independent media companies owned the majority of media interests within the United States. As of 2019, 90% of the United States's media is controlled by five media conglomerates: Comcast (via NBCUniversal), Disney, Viacom & CBS (both controlled by National Amusements), and AT&T (via WarnerMedia).[6][7]

Between 1941 and 1975, several laws that restricted channel ownership within radio and television were enacted in order to maintain unbiased and diverse media. However under the Reagan administration, Congress and the Federal Communications Commission, then led by FCC Chairman Mark S. Fowler, began a concerted deregulation over the years 1981 and 1985. The number of television stations a single entity can own increased from seven to 12 stations.

The industry continued to deregulate with enactment of the Telecommunications Act of 1996. Signed by President Bill Clinton on February 8, 1996, it was considered by the FCC to be the "first major overhaul of telecommunications law in almost 62 years".[8] In the radio industry, the 40-station ownership cap was lifted, leading to an unprecedented amount of consolidation. Since this period, Clear Channel Communications grew from 40 stations to 1200 stations, in all 50 states, while Viacom grew to owning 180 stations across 41 markets.

As media consolidation grew, some in the nation began to speculate how it might negatively impact society at large. In the case of Minot, North Dakota,[9] the concerns regarding media consolidation is realized. On January 18, 2002, a train containing hazardous chemicals derailed in the middle of the night, exposing countless Minot residents to toxic waste. Upon trying to get out an emergency broadcast, the Minot police were unable to reach anyone. They were instead forwarded to the same automated message, as all the broadcast stations in Minot were single-handedly owned by Clear Channel Communications. As the FCC reviews media ownership rules, broadcasters continued to petition it for the elimination of all rules, while those who are against this easing would often cite the incident in Minot as how consolidation could be harmful.

Between the years 2002 and 2006, the conglomerates expanded. In 2005, top companies Verizon and MCI Inc. received approval to combine, while SBC acquired AT&T Corporation, respectively, giving the nation's premier communication company a global reach unmatched by any other.

Like the United States, Canada, Australia, and New Zealand[10] also experience the concentration of multiple media enterprises in a few companies. This concentration is an ongoing concern for the Canadian Radio-television and Telecommunications Commission, the Australian Communications and Media Authority, the Philippine National Telecommunications Commission, and New Zealand's Broadcasting Standards Authority. Other countries that have large media conglomerates with impacts on the world include: Japan, Germany, the United Kingdom, Italy, France, China, and Brazil. Media conglomerates outside of the United States include Yomiuri Shimbun Holdings, ProSiebanSat.1, Hubert Burda Meda, Fuji Media Holdings, ITV, Mediaset, Axel Springer, JCDecaux, China Central Television, ABS-CBN Corporation, GMA Network, Inc., Asahi Shimbun Company, Grupo Globo, Baidu, and Bertelsmann.[11]

United States

Criticism

Main article: Concentration of media ownership

Critics have accused the large media conglomerates of dominating the media and using unfair practices. During a protest in November 2007, critics such as Jesse Jackson spoke out against the consolidation of media. This can be seen in the news industry, where corporations refuse to publicize information that would be harmful to their interests. Because some corporations do not publish any material that criticizes them or their interests, media conglomerates have been criticized for limiting free speech or not protecting free speech. These practices are also suspected of contributing to the merging of entertainment and news (sensationalism) at the expense of the coverage of serious issues. They are also accused of being a leading force behind the standardization of culture (see globalization, Americanization) and are frequently criticized by groups that perceive news organizations as being biased toward, special interests of the owners.

Because these conglomerates have so much power and influence, critics[who?] bring up the question of whether that amount of power is justifiable. It can and is easily abused. Some[who?] wonder if it's better to lessen the, amount of conglomerates to reduce the likeliness of unfair practices.

There is also criticism[weasel words] that the concentration of media ownership reduces diversity in both ownership and programming of TV shows and radio programs. Because there are fewer independent media, there is less diversity in news and entertainment[ambiguous] and therefore less competition. This can result in the reduction of different points of view as well as vocalization about different issues. There is also a lack of ethnic and gender diversity as a majority of those in media[where?] are white, middle-class men. There is a concern that their views are being shared disproportionately more than other groups, such as women and ethnic minorities[which?]. Women and minorities also have less ownership of the media. Women have less than 7 percent of TV and radio licenses, and minorities have around 7 percent of radio licenses and 3 percent of TV licenses. ]

See also

References

  1. ^ Moglen, Eben, Michael Pertschuck, and Scott Sherman, (1999). "Editorials" (Nation, 269: 18). p. 12. ISSN 0027-8378
  2. ^ Jump up to:a b "Critics Turn Out To Protest Media Consolidation". The Washington Post and Times-Herald. 2007-11-01. ISSN 0190-8286. Retrieved 2018-08-05.
  3. ^ "A distinction between Business Groups and Conglomerates:The Limited Liability Effect". SSRN Electronic Journal 01/2009; DOI: 10.2139/ssrn.134299. 2009-01-01. Archived from the original on 2016-02-16. Retrieved 2016-02-16.
  4. ^ "The World's Biggest Public Companies". Retrieved 18 September 2016.
  5. ^ Finke, Nikki (April 16, 2013). "21st Century Fox Is Rupert Murdoch's Renamed Entertainment Giant "To Take Us Into Future"". Deadline Hollywood.
  6. ^ Lutz, Ashley. "These 6 Corporations Control 90% of the Media in America". Business Insider. Retrieved 27 October2017.
  7. ^ "Timeline". Moyers on America. PBS. Retrieved 27 October2017.
  8. ^ "Telecommunications Act of 1986". Federal Communications Commission. FCC. Retrieved 27 October2017.
  9. ^ Fisher, Marc. "Sounds Familiar for a Reason". The Washington Post. The Washington Post. Retrieved 27 October2017.
  10. ^ Hope, Wayne; Myllylahti, Merja. "Financialisation of Media Ownership in New Zealand". New Zealand Sociology. 28 (3).
  11. ^ O'Reilly, Lara. "The 30 Biggest Media Companies in the World". Business Insider.
  12. ^ "Holdings by Industry". AccessIndustries.com. Access Industries. Retrieved June 27, 2019.
  13. ^ Hipes, Patrick (18 April 2017). "Len Blavatnik's Access Acquires RatPac Entertainment Stake". Deadline.
  14. ^ "Amedia | Access Industries".
  15. ^ "Blavatnik Increases Stake in RGE Media Group". Haaretz. 30 April 2010.
  16. ^ Sherman, Lauren Feiner,Christine Wang,Alex (2019-05-14). "Disney to take full control over Hulu, Comcast has option to sell its stake in 5 years". CNBC. Retrieved 2019-08-11.
  17. ^ Williams, Christopher (20 August 2016). "Blavatnik's Perform Group rebuffs tech investors to build 'Netflix for sport'". The Telegraph.
  18. ^ "Perform | Access Industries".
  19. ^ "NBCUniversal's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-03-29.
  20. ^ "Disney's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-03-29.
  21. ^ "Viacom's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-03-29.
  22. ^ "CBS's Competitors, Revenue, Number of Employees, Funding and Acquisitionswebsite=owler.com". Retrieved 2019-03-29.
  23. ^ "Warner Media's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-03-29.
  24. ^ Discovery, Inc. 2018 10-K (PDF) (Report). p. 39.
  25. ^ "Hasbro's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-09-02.
  26. ^ "Sony Pictures's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-03-29.
  27. ^ "Sony/ATV's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-05-05.
  28. ^ "Sony Music's Competitors, Revenue, Number of Employees, Funding and Acquisitions". owler.com. Retrieved 2019-05-05.
  29. ^ "Grupo Televisa, S.A.B. (TV)". finance.yahoo.com. Retrieved 2018-06-14.
  30. ^ "The BCCL empire—towering over the competition". www.thehoot.org/. Retrieved 2018-07-27.
  31. ^ Jump up to:a b c d Stoll, Mary Lyn (June 2006). "Infotainment and the Moral Obligations of the Multimedia Conglomerate". Journal of Business Ethics. 66 (2–3).
  32. ^ Kenix, Linda Jean. "Independent Websites Not So Different from Group-Owned". Newspaper Research Journal. 35 (2).
  33. ^ Shah, Anup. "Media Conglomerates, Mergers, Concentration of Ownership". Global Issues.
  34. ^ Jump up to:a b Gamson, Joshua; Latteier, Pearl. "Do media monsters devour diversity?". 3 (3).
  35. ^ "Diversity in Media Ownership". Free Press. Retrieved November 6, 2017.

History of industry

General industrial concepts

Industrial output

See also

References

  1. ^ "Industry | Define Industry at Dictionary.com". Dictionary.reference.com. Retrieved 2014-02-01.

External links

Industryat Wikipedia's sister projects


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The manufactiring industry compromises a wide variety of production of goods, ranging from low tech and low labour skills for the process. There are many areas that requires intense and stunning technology to be achieve; examples include aeronautics, electronics, pharmaceutical, robotics.


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