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…
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…
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 - Collaborative project delivers hardware and software solution for remote engineering evaluation and learnin…
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…
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 …
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…
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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 January 2024 amounted to 110.96 billion yen ($755 million), a decre…
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…
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…
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%.
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…
TAKAMAZ is set to showcase its latest innovations at METALEX 2024, held at BITEC Bangkok. Part manufacturers are invited to explore the future of machining with TAKAMAZ’s cutting-e…
Proterial, formerly Hitachi Metals, has developed a cutting-edge magnetic sheet and panel using soft magnetic materials to enhance non-contact charging systems for electric vehicle…
China's auto sales increased 8.8% in H1 2023 due to electric vehicle purchases, but growth is slowing with the cooling economy.
BOI presents Mercedes-Benz executives from around the world. This shows the readiness of Thailand to be the center of the electric vehicle industry in the region.
Japan's machine tool orders rebounded for the first time in three months in September 2024. Orders reached 125.36 billion yen (US$814.01 million), a 13.2% increase from the previou…
