Add to ORKGChip machining has strong historical foundation. First innovations in machining were created long ago and next Innovations appeared sporadically. The Industrial revolution and then the second half of 20th Century meant start of self–driven, programmable machines used in machining. This led interest of engineers to machining process itself. The aim of this Diploma thesis is to characterize most interesting modern trends from last few years and unite them in electronical database which will be included in this thesis. Main attention is aimed for innovations in chip machining in general and also in specific branches – turning, milling and drilling. Thesis also includes discussion about economical aspect of application of modern trends in chip ...