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…

Already started!! HVO, the new generation of biodiesel fuel.

Tri Petch Isuzu Sales Co., Ltd., in collaboration with PTT Public Company Limited, has begun testing the use of fuel mixed with HVO

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

Rayong Leads with the Highest Number of Industrial Factories in June 2024

New factories were licensed in June 2024, totaled 183 factories. Rayong was the province where 23 new factories opened, the largest number with the total capital of 1,300.70 milli…

Japan Machine Tool Orders: June 2024

The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japanese machine tools in June 2024 totaled 133.82 billion yen (US$909.95 million), a 7.5% …

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…

Japan's Construction Industry Embraces Wood for a Sustainable and Carbon-Neutral Future

CLT is fireproof, earthquake-resistant, and highly durable, contributing to decarbonization. The use of wooden construction and wood-based buildings is rising in the non-residentia…

Gartner Forecasts Worldwide AI Chips Revenue to Grow 33% in 2024

Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc.

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…

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…

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.

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…

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…

Introducing BOI Consulting Service

BOI Consulting Service is designed to assist you in obtaining investment promotion from the Board of Investment (BOI). Our comprehensive services include evaluation, document prepa…

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…