Rayong: Champions for the largest number of new factories in February 2024

New factories were licensed in February 2024, totaled 156 factories. Rayong was the province where 16 new factories opened, the largest number with the total capital of 1,333.96 m…

Thailand BOI Issues Incentives to attract World-Class Events; Expands PCB Manufacturing Incentives to Cover the Entire Supply Chain

Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and Chairman of the BOI, also approved a revision of the types of businesses qualified to receive incentives granted to manufact…

Thailand BOI Issues Incentives to attract World-Class Events; Expands PCB Manufacturing Incentives to Cover the Entire Supply Chain

Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and Chairman of the BOI, also approved a revision of the types of businesses qualified to receive incentives granted to manufact…

The new generation of a globally established universal coating: Oerlikon Balzers presents BALINIT ALCRONA EVO

Introducing BALINIT ALCRONA EVO, Oerlikon's third-generation PVD coating. It offers over 30% longer tool service life compared to its predecessor. This enhancement significantly im…

DigiKey and LabsLand Release Prism4 Remote Engineering Hardware System

DigiKey and LabsLand Release Prism4 Remote Engineering Hardware System - Collaborative project delivers hardware and software solution for remote engineering evaluation and learnin…

Car Production in February 2024 totaled 133,690 units

In February 2024, Thailand produced a total of 133,690 vehicles, a decrease of 19.28% from the same period last year. This was due to a decrease in both exports and domestic sales,…

Nippon Steel Increases Ratio of Mined Ore to 40%, Ensuring Stable Procurement through Overseas Investment

Nippon Steel, the world's fourth-largest steel producer, is enhancing supply chain stability by announcing a policy to increase the proportion of coal and iron ore procured from it…

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 …

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…

Chonburi: Champions for the largest number of new factories in January 2024

New factories were licensed in January 2024, totaled 203 factories. Chonburi was the province where 17 new factories opened, the largest number with the total capital of 1,176.00 m…

Car Production in January 2024 totaled 142,102 units

The January production reached at 142,102 units, decreased 12.46% (YoY). Produced for domestic use decreased 33.62% (YoY) and produced for export decreased 50.89% (YoY).

Sodick Announces Medium-Term Management Plan: Targets 90.7 Billion Yen Sales by 2026

Sodick announces a medium-term management plan to target 90.7 Billion Yen sales and 5.5 Billion Yen net profit by 2026, focusing on structural reforms and overseas production revie…

Gartner Predicts Worldwide Shipments of AI PCs and GenAI Smartphones to Total 295 Million Units in 2024

Worldwide shipments of AI PCs and generative AI (GenAI) smartphones are set to hit 295 million units in 2024, up from 29 million in 2023. Gartner predicts 240 million GenAI smartph…

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: 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…