Thailand Car Production Drops 16.62% in July 2024 Due to Domestic Car Sales Crash

Thailand's vehicle production in July 2024 reached 124,829 units, a 16.62% drop year-on-year. This was primarily caused by a 40.85% decrease in domestic sales.

Japan's R&D Spending Hits New High Toyota Leads

Japanese companies have significantly increased their research and development (R&D) spending for the 15th consecutive year. Toyota Motor Corporation has maintained its position as…

DigiKey and Schneider Electric to Host Webinar on Wireless Pushbutton Technology in Manufacturing

THIEF RIVER FALLS, Minnesota, USA - DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immed…

Toyota Freezes Parts Prices to Ease Supplier Burden

Toyota has decided to keep prices unchanged for parts procurement in the second half of the 2024 fiscal year, including for large-scale suppliers, to alleviate the burden of risin…

Suzuki to Develop New Vehicle with 100kg Less Weight, to Be Launched in Early 2030s

Unmasking Pollution: A Guide to Analyzing and Reducing Supply Chain Emissions

Carbon neutrality (CN) is a significant social issue facing companies. The first step to addressing this issue is to visualize greenhouse gas (GHG) emissions, leading to the consid…

Thailand Car Production Drops 16.19% in June 2024 Due to Decrease in Domestic Sales Production

Thailand's vehicle production in June 2024 totaled 116,289 units, marking a 20.11% decline from the previous year and a 7.82% drop from May. The main factor was a significant reduc…

DigiKey Announces Global Partnership with Memory Products Leader Kingston Technology

DigiKey has partnered with Kingston Technology to distribute its memory and storage solutions globally.

TAKAMAZ PRIVATE SHOW 2024 Spotlights “Energy Saving” Trend, Aiding Metal Component Manufacturers in Achieving Carbon Neutrality

TAKAMAZ PRIVATE SHOW 2024 to promote the “Energy Saving” trend among metal component manufacturers and launches the new XWG-3 CNC lathe, designed to support carbon neutrality and i…

Japanese Automakers Rethink China Strategy Amid Slow Response to NEV Price Wars

Japanese automakers are being forced to rethink their China strategies. Nissan has closed some of its factories, Honda is planning to cut staff, and Mitsubishi has already withdraw…

Chonburi Leads with the Highest Number of Industrial Factories in May 2024

New factories were licensed in May 2024, totaled 171 factories. Chonburi was the province where 23 new factories opened, the largest number with the total capital of 2,638.07 mill…

Japan Machine Tool Orders: May 2024

Orders for Japanese machine tools worldwide in May 2024 amounted to 124.53 billion yen (US$774.71 million), up 3.0% from the previous month, and a 4.2% increase from the same month…

Electronic Components Boom! 7 Companies See Profit Growth as Electric Vehicles Drive Demand

Full-year forecasts for eight electronic component companies: seven increase in profits for the current period; automotive applications remain strong.

Thailand Car Production Drops 16.19% in May Amidst Economic Slowdown and EV Readiness Concerns

Thailand's vehicle production in May 2024 reached 126,161 units, a 16.19% decline from last year. The decrease is attributed to subdued domestic sales, sluggish economic growth, an…

Sharp Exits LCD Business, Halts Production of Large TVs

Sharp scales back its device business significantly, discontinuing large TV manufacturing, suspending operations at the Sakai plant and cutting staff.

Japanese Machinery and Tool Giants Forecast Strong Growth

Top Japanese machinery and tool companies are projecting growth in 2024, fueled by increased investments in semiconductors and electric vehicles.

Car Painting Revolution: CO2 Emissions Slashed

Sekisui Chemical Co., Ltd. announced a revolutionary “paint transfer sheet” that significantly reduces carbon dioxide emissions in the automobile painting process.

Toyota Develops New Efficient 1500cc and 2000cc Engines for Electrification

Toyota achieved record profits in fiscal year 2023 due to stable new car sales, particularly hybrid vehicles, in North America, Europe, and Japan. Continuous product improvements a…

Toyobo Fibers unveils “CfC Yarn”, Soft and Easy to Shape into Three Dimensions

Toyobo Fibers has developed “CfC yarn”, a composite yarn combining carbon and thermoplastic fiber. This yarn is soft like thread and easy to shape into three-dimensional forms.

Japan Machine Tool Orders: April 2024

The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japan machine tools in April 2024 amounted to 120.90 billion yen ($777.78 million), an decreas…