In March 2024, Thailand produced 138,331 cars, down 23.08% from March 2023. This drop was due to reduced domestic production and sales, particularly in pickup trucks and passenger …
Sumitomo Bakelite is proposing the use of resin for automotive battery components to reduce weight and enhance manufacturing efficiency, contributing to lighter EVs.
New factories were licensed in March 2024, totaled 191 factories. Samut Prakan was the province where 21 new factories opened, the largest number with the total capital of 902.68 …
In 2024, the Japanese government designated it as the "first year of medium-sized enterprises," intending to boost support, investment, and wage hikes for this vital sector.
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in February 2024 amounted to 110.96 billion yen ($755 million), a decr…
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…
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…
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…
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, 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…
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…
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…
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…
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 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…
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 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.
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
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…
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…
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