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…
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…
New factories were licensed in April 2024, totaled 163 factories. Samut Prakan was the province where 17 new factories opened, the largest number with the total capital of 8,015.6…
In April 2024, Thailand's total vehicle production amounted to 104,667 units, a decrease of 11.02% due to a decline in the production of passenger cars and pickup trucks for domest…
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japan machine tools in March 2024 amounted to 136.65 billion yen ($886.77 million), an increas…
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 …
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 …
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…
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…
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).
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.
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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