German machine tool industry under great pressure in 1Q 2020

Orders received by the German machine tool industry in the first quarter of 2020 were 25 per cent down on the same period last year. Orders from within Germany fell by 22 per cent.…

Mazda Crossover’s Sales Steps Up as Top Rank in June, Achieve Top Sales of FY2020’s First Quarter Amid the Pandemic of Covid-19

Mazda achieves as best seller in crossover SUV market with the total sales of 1,200 units after it has once achieved this success in the past April. This leads Mazda to step up as …

Nissan and Sunwoda to jointly study battery development

Study will focus on next-generation battery for e-POWER vehicles

Airbus announces layoffs of 15,000 positions worldwide

Airbus plans to further adapt to COVID-19 environment. New measures contribute to safeguarding the Company’s future. Necessary reduction of approximately 15,000 positions across Ai…

Mazda resumes production at all Japanese plants

Mazda will resume both day and night shift operations without suspensions at all plants in Japan before the end of July. Our plants in Mexico and Thailand will continue to operate …

Hitachi Announces Consolidated Finiancial Results for Fiscal 2019, end March 31, 2020

Hitachi Announces Consolidated Finiancial Results for Fiscal 2019, end March 31, 2020

Thailand BOI Approves Over 40 Billion Baht in Large Scale Projects, Commits to Sustainable Investment

June 17, 2020 - The Thailand Board of Investment today (BOI) approved five large-scale projects with a total investment value of US$1.35 billion and measures to strengthen the coun…

Samsung Announces New NAND Flash Facility to Address Future Data Center and Mobile Demands

Located inside Pyeongtaek's Line 2 in Korea, the new facility is slated for mass production in 2H 2021. The facility will be dedicated to manufacturing Samsung’s most advanced V-NA…

Six Companies Establish R&D Joint Venture for Commercial Vehicle Fuel Cell Systems for the Creation of a Hydrogen-based Society in China

Six companies that share a common vision for the widespread use of fuel cell electric vehicles (FCEVs) in China today signed a joint venture agreement for the establishment of Unit…

Lenovo Delivers Robust Revenue and All-Time Record Pre-tax Income for FY19/20, Weathering Global Economic Challenges to Emerge in Position of Strength

Full-year revenue exceeding US$50 billion for second consecutive year. Historical high pre-tax income of US$1.02 billion, up nearly 19%. Net Income of US$665 million, a 12% increas…

Strategic cooperation between Premier Tech and Bühler Joint venture evolves into a global partnership for bulk packaging in the grain and food markets

Strategic cooperation of both is taking two steps further. What started with a close collaboration in August 2019, evolved into a Joint Venture in China and ultimately grew to a gl…

Changsha: Intelligent Manufacturing on the Fast Track

Changsha has taken concrete steps to boost intelligent manufacturing and gather endogenous driving force for high-quality development. Now a profound transformation is rolling out …

Plastic camshaft module reduces CO2 emissions

Plastic in cars reduces their weight. Now a research team from the Fraunhofer Institute for Chemical Technology ICT, in collaboration with their partners, has succeeded in manufac…

IBM CEO Arvind Krishna: COVID-19 Is a Turning Point for Digital Transformation

The COVID-19 pandemic has been a “turning point” for many companies, as the disruption and uncertainty caused by the crisis has accelerated the digital transformation that for many…

Toyota re-start 2 shifts operation at Toyota Samrong Plant and Toyota Banpho Plant

Toyota Motor Thailand Co., Ltd declared the re-start of 2 shifts operation for the assembly lines of Toyota Samrong Plant, Samutprakarn and Toyota Banpho Plant, Chachoengsao, while…

Samsung Electronics Announces First Quarter 2020 Results

Reports quarterly operating profit of KRW 6.45 trillion on sales of KRW 55.33 trillion

Toyota Motor Thailand Updates its Production Plans

Toyota Motor Thailand today updates its production plans. As announced on 23 April, TMT’s Samrong and Ban Pho plants are expected to suspend their manufacturing operations through …

Smooth collaboration between humans and robots

In a joint project with Volkswagen AG the Fraunhofer Institute for Telecommunications, Heinrich Hertz Institute, HHI, will demonstrate the advantages that the use of human-robot co…

Airbus adapts production rates in COVID-19 environment

Airbus provides update on March commercial aircraft orders & deliveries and adapts production rates in COVID-19 environment

Automobili Lamborghini is supporting Siare in the manufacture of breathing simulators

Automobili Lamborghini is providing resources and equipment from its Research and Development Department for the co-engineering and production of breathing simulators, supporting S…