Latest News
Japan Machine Tool Orders Expected to Increase by Only 1% in 2024
Japan machine tool orders in 2024 are anticipated to reach 1.5 trillion yen, marking the first increase in two years, though with a modest 0.9% rise from 2023.
Chonburi: Champions for the largest number of new factories in December 2023
New factories were licensed in December 2023, totaling 145 factories. Chonburi was the province where 17 new factories opened, with a total capital of 1,736.09 million baht
Japan Machine Tool Orders: December 2023
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in December 2023 reached a total of 127.09 billion yen (869 million USD…
Japan Machine Tool Orders: January 2024
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in January 2024 amounted to 110.96 billion yen ($755 million), a decre…
DigiKey Adds Over 450 New Suppliers and 1.7 Million New Parts in 2023
DigiKey expanded its portfolio in 2023 by adding more than 450 new suppliers and 1.7 Million New Parts across their core business, DigiKey Marketplace and Fulfilled by DigiKey prog…
Japan's Semiconductor Equipment Sales Set to Soar, Surpassing 4 Trillion Yen in FY2024
Sales of Japan's semiconductor manufacturing equipment in fiscal year 2024 are projected to reach 4.035 trillion yen. This reflects a substantial 27% increase from fiscal year 2023…
Car Production in December 2023 totaled 133,621 units
The December production reached at 133,621 units, decreased 15.75% (YoY). The production number of this year totaled 1,841,663 units, drop 2.22%.
Thailand Aims to Produce 1.9 Million Cars in 2024
In 2024, Thailand targets an impressive 1.9 million cars, a 3.17% rise from 2023. This includes 1,150,000 cars for export (65% of total) and 750,000 for domestic sales (35%). The f…
Gartner Says Worldwide PC Shipments Increased 0.3% in Fourth Quarter of 2023 but Declined 14.8% for the Year
Gartner Says Worldwide PC shipments totaled 63.3 million units in the fourth quarter of 2023, a 0.3% increase from the fourth quarter of 2022 but Declined 14.8% for the Year
Mazak Commences In-House Production of "Mineral Cast"
Yamazaki Mazak initiates in-house production of 'Mineral Cast' to mitigate parts procurement risk by utilizing machine tool bases instead of castings, offering the advantage of sig…
NETA Auto Strategic Partner Conference 2024 : Successful Global Collaboration for Future Development
NETA Auto Strategic Partner Conference 2024 : Successful Global Collaboration for Future Development
Japan Machine Tool Orders: November 2023 Shows Resilience Amidst Global Fluctuations
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in November 2023 reached a total of 115.90 billion yen (800 million USD…
GWM Makes History as the First Chinese OEM to Mass-Produce EV Overseas
GWM achieves a groundbreaking milestone as the GWM Ora 03, also known as the GWM Ora Good Cat, rolls off the production line at the GWM Rayong factory in Thailand.
Isuzu Announces 3.2 Billion Baht Investment in Thai Production Base for EV Pickups
Isuzu announces a 32 billion baht investment to produce electric pickup trucks in Thailand over the next 5 years, with plans for export to Norway.
Japan Machine Tool Orders Surge in October 2023, Thailand Showing a 12.5% Increase.
The Japan Machine Tool Builders' Association (JMTBA) reported that the global orders for Japan machine tools in October 2023 totaled 112.05 billion yen (775 million USD), marking a…
Chonburi: Champions for the largest number of new factories in November 2023
New factories were licensed in November 2023, totaled 203 factories. Chonburi was the province where 21 new factories opened, the largest number with the total capital of 1,736.09 …
Steel Industry Giants Lead 'Green Steel' Shift Towards Sustainable Manufacturing
Major steel companies are currently introducing 'green steel materials. Even though each company has secured several contracts, challenges remain, including dissemination in the pu…
DigiKey and Conductive Containers Donate 39,000 Meals to Refugees in 2023
DigiKey and Conductive Containers Donate 39,000 Meals to Refugees in 2023 through the “Buy a Box, Give a Meal” program.
Toyo Glass Showcases Thick Labels, Elevating the Touch and Elegance of Beverage Bottles
Toyo Glass introduced “Atsumori Tack Labels”, with a rich, sculptural texture, these labels offer a touch of luxury. Perfect for alcoholic beverages, they're cost-effective and del…
Car Production in November 2023 totaled 163,337 units
The November production reached at 163,337 units, decreased 14.10% (YoY). The production number of this year totaled 1,708,042 units, rising 0.65%.
Industry Movement
DigiKey Launches Season 3 of its “Farm Different” Video Series
DigiKey has launched Season 3 of its “Farm Different” Video Series which provides a look into the future of farming to determine what innovations will power the next generation of …
Japan Machine Tool Orders Expected to Increase by Only 1% in 2024
DigiKey Adds Over 450 New Suppliers and 1.7 Million New Parts in 2023
Japan's Semiconductor Equipment Sales Set to Soar, Surpassing 4 Trillion Yen in FY2024
Trend and Innovation
Toyo Glass Showcases Thick Labels, Elevating the Touch and Elegance of Beverage Bottles
Toyo Glass introduced “Atsumori Tack Labels”, with a rich, sculptural texture, these labels offer a touch of luxury. Perfect for alcoholic beverages, they're cost-effective and del…
Canon Develops Less Flammable yet Strong PET Recycled Plastic Comparable to Polycarbonate
Toshiba Improves LiDAR Software to Track 99.9% of Objects
Advances in FSW Technology for EV Component Production
Economy
China's Auto Sales Surge in H1 2023: Electric Vehicle Trends and Slowdown Challenges
China's auto sales increased 8.8% in H1 2023 due to electric vehicle purchases, but growth is slowing with the cooling economy.
“Sanan Angubolkul” becomes the 25th Chairman of the Thai Chamber of Commerce To continue the TCC mission, highlighting “Connect the Dots” policy to revitalize Thai economy within 99 days
Thailand Economic Monitor January 2021: Restoring Incomes; Recovering Jobs
Thailand Prepares to Cope with Vietnam’s Tightened Car Import Rules
Government News
BOI Emphasizes Thailand’s Strength in Comprehensive EV Production Benz Camp announces full EV…
BOI presents Mercedes-Benz executives from around the world. This shows the readiness of Thailand to be the center of the electric vehicle industry in the region.
Thailand Becomes Changan Auto's First Right-Hand Drive EV Production Base Outside of China with 9.8 Billion Baht Investment
EEC’s Secretary-General “Chula Sukmanop” Unveils His Vision to Move Forward the Eastern Economic Corridor Scheme
EV Board Approves 24 Billion Baht Subsidy to the EV Battery-producing
Statistic & Ranking
Industrial Robot Orders Decline by 24% in 2023, Marking First Decrease in Four Years
In 2023, investments in industrial robots in Japan were valued at 8.49 trillion yen (approximately 5.6 billion US dollars), a decrease of 23.6% from the previous year. This marks t…