Shenyang company offers world's first smart machine tool

Shenyang Machine Tool Co Ltd, China's leading manufacturer of numerical controlled machine tools and machinery equipment, has launched i5M8, the world's first integrated smart machine toolmaker.

The Monday launch at the ninth China CNC Machine Tool Fair in Shanghai is a new product of the i5 series, which has won two deals worth 1 billion yuan ($154 million) from Shenzhen-based firms.

The two firms plan to use the machine tool to produce phone shells and peripheral components for famous brands such as Xiaomi and Huawei.