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.
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.
DigiKey Receives ISO 27001 Certification, Adding to Robust Information Security Program
DigiKey receives ISO 27001 certification, strengthening its commitment and ability to manage information securely and safely for customers, suppliers and partners.
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…
DigiKey Awarded Top Recognitions from Suppliers at the 2024 EDS Leadership Summit
DigiKey received 18 honors from suppliers at the 2024 EDS Leadership Summit, The company was recognized for its sales results, partnership, collaboration and more during the past y…
Electronic Components Boom! 7 Companies See Profit Growth as Electric Vehicles Drive Demand
Full-year forecasts for eight electronic component companies: seven increase in profits for the current period; automotive applications remain strong.
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.
DigiKey Awarded Global High Service Distributor of the Year for 2023 by Littelfuse
Littelfuse awarded DigiKey the Global High Service Distributor of the Year for 2023 for its customer count and revenue performance.
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Moving forward to greater quality at the best pricing of the new CM-BASEα-MAX.
ATAGO launches a new product, CM-BASEα-MAX, and offers a special price. This model has been developed for use with higher temperature samples than the original CM-Baseα, with an ac…
DigiKey Announces Global Partnership with Memory Products Leader Kingston Technology
DigiKey has partnered with Kingston Technology to distribute its memory and storage solutions globally.
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…
DigiKey Expands Supplier Portfolio and Introduces More Than 340,000 Innovative New Products in the First Half of 2024
DigiKey introduces over 150 new suppliers and more than 340,000 innovative new products across its core business in the first two quarters of 2024.
Car Certification Fraud Exposes Industry Systemic Issues
Fraud in automobile-type approvals applications is sending ripples through the industry. The incident, which began at Daihatsu Motor has spread to five domestic passenger car manuf…
Suzuki to Develop New Vehicle with 100kg Less Weight, to Be Launched in Early 2030s
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…
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…
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…
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.
Sharp enters the EV business with a Futuristic Living Room on Wheels
Sharp is diving into the EV market, teaming up with Foxconn to create the "LDK+" model. This new EV offers a living room-style interior complete with a 65-inch screen and is slated…
Thailand's Auto Production Plunges 20% in August 2023
Thailand's automotive production experienced a substantial decline in August 2024, with a total of 119,680 units produced—a 20.56% decrease compared to the same month in 2023.
Toyota's Move Could Reshape the Steel Market
The hot-rolled steel market, once stable, is now facing a potential decline. Toyota's recent price cut on automotive steel has sparked concerns.
Gartner Forecasts Worldwide Shipments of AI PCs to Account for 43% of All PCs in 2025
Gartner forecasts that worldwide shipments of AI PCs will reach 114 million units in 2025, a 165.5% increase from 2024. These AI PCs will account for 43% of all PC shipments that y…
ASEAN-Japan Collaborate on Next-Generation Vehicle Strategy, with a Roadmap to 2035
Japanese manufacturers hold a significant market share in ASEAN, but Chinese automakers have been gaining ground in recent years. By deepening cooperation with ASEAN, Japan aims to…
Automotive Industry Stumbles! Vehicle Production Down 25.48% in September
In September 2024, Thailand's total vehicle production reached 122,277 units, marking a 25.48% decrease compared to September 2023, with the decline impacting both export productio…
Sharp's New Venture: Can Electric Vehicles Save the Company?
In search of “Sharp-ness,” Sharp’s unique approach to the EV market will be put to the test as the company moves away from its traditional LCD business and accelerates its efforts …
DigiKey Adds More Than 611,000 Products and 139 New Suppliers in Q3 2024
DigiKey expanded its NPI portfolio during the third quarter of 2024, adding 139 new suppliers and more than 611,000 innovative products.
Proterial Develops Advanced Magnetic Sheet for Non-Contact EV Charging
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…
Seven Passenger Car Companies’ Global Sales Fall 1.4%
Global sales by seven passenger car companies have declined by 1.4%, marking the first year-on-year drop in two years. Intensifying competition in China and North America is puttin…
Thailand's Car Production Down 25% in October
In October 2024, Thailand produced a total of 118,842 cars, a decrease of 25.13% from the 158,819 units produced in October 2023. The decline was driven by a 7.00% decrease in expo…
Worldwide Semiconductor Revenue Forecast to Grow 14% in 2025
Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner
DigiKey’s 16th Annual DigiWish Holiday Giveaway Kicks Off Dec. 1, 2024
DigiKey’s 16th Annual DigiWish Holiday Giveaway Kicks Off Dec. 1, 2024 by selecting 24 lucky winners
Electronics Industry Booms: 8 Major Companies Raise Full-Year Revenue Targets Amid Growing Digital Transformation Investments
Eight major electronics companies revised their full-year revenue forecasts upward, driven by strong core businesses and increasing global demand for digital transformation (DX).
Thailand Approves Semiconductor Strategy to Attract 500 Billion Baht
Thailand’s New Semiconductor Board approves framework of National Strategy and Skilled Workforce Development to prepare for 500 Billion Baht expected foreign investment wave.
Toyota Posts Strong Profits Amidst Challenges
Toyota overcomes headwinds to maintain profitability, steady cost reduction activities and other efforts resulted in an operating profit of 2.4642 trillion yen for the April-Septem…
Thailand's Car Production Down 28% in November
In November 2024, Thailand produced a total of 117,251 cars, a decrease of 28.23% from the 163,337 units produced in November 2023. The decline was driven by a 20.67% decrease in e…
Honda and Nissan Merger to Challenge EV Competition
Thailand's Car Production Plunges 17.37% in December
Thailand produced 104,878 vehicles in December 2024, marking a 17.37% drop year-on-year. The decline was driven by both domestic and export market weakness.
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Key Automotive Trends for 2025
Electric vehicles are set to dominate the market, with a 17% growth in shipments in 2025 and over 50% of all models expected to be electric by 2030, as predicted by Gartner.
Thailand’s 2024 Auto Sales Drop 26.18%, Passenger EV Sales Decline but Hybrids Rise
The Automotive Industry Club of the Federation of Thai Industries (FTI) has reported that Thailand's total vehicle sales in 2024 reached 572,675 units, marking a significant declin…
Thailand’s Motorcycle Sales Drop 9.35% in 2024, BEV Plummets Over 50%
The Automotive Industry Club of the Federation of Thai Industries (FTI) reported that Thailand’s total motorcycle sales in 2024 reached 1,683,239 units, marking a 9.35% decline fro…
Thailand’s January 2025 Auto Production Plunges 24.63% Amid Domestic and Export Decline
Thailand's total vehicle production in January 2025 stood at 107,103 units, marking a sharp decline of 24.63% compared to January 2024. The drop was observed in both domestic and e…
Samsung in Crisis: Urgent Reforms Needed as AI Semiconductor Race Slips Away
Samsung Electronics is facing a serious crisis. Despite holding the top market share in DRAM, it is under intense pressure from SK Hynix.
Isuzu to Launch “Pickup EV” in the UK Next Year to Meet European Environmental Regulations
Isuzu Motors is set to launch an electric vehicle (EV) model of its D-MAX pickup truck (LCV) in the UK as early as 2026.
Suzuki Restructures India Strategy with 1.2 Trillion Yen Investment, Expanding into the Middle East and Africa
Suzuki Motor Corporation has unveiled a new mid-term business plan, focusing on restructuring its operations in India—its most crucial market—to drive growth.
TAPMA Unveils Future Mobility Thailand 2025, Driving Towards a Global Hub for Next-Generation Automotive Manufacturing
A Global Business Matching Platform Aiming to Position Thailand as a Hub for Future Mobility Manufacturing
Thailand Reinforces Commitment to Strengthen Investor Confidence
Thailand is positioning itself as a top investment hub. At Ignite Thailand, PM Paetongtarn Shinawatra reaffirmed commitment to investor confidence and economic growth.
Japanese Tire Makers Invest Aggressively: Four Firms to Surpass 600 Billion Yen
Tires Expand Through Aggressive Investments: Four Companies to Reach 600 Billion Yen, Boosting Production of High-Value-Added Products
Thailand’s Auto Production Drops 13.62% in Feb 2025 – Pickup Trucks Plunge 42.10%, Exports Down 9.48%
Thailand’s total vehicle production in February 2025 reached 115,487 units, a decline of 13.62% compared to February 2024. This decrease was primarily driven by a 21.26% drop in do…
Trump Ignites Tariff War: Auto, Steel, and Aluminum Under Fire
With the Trump administration’s new tariffs on imports from Mexico, Canada, and China now in effect, Japan’s automotive industry — heavily reliant on North American supply chains —…
Mitsubishi Motors Partners with Foxconn to Launch EVs in Australia and New Zealand
Mitsubishi Motors will collaborate with Foxconn to introduce the Model B electric SUV in Australia and New Zealand by 2026. The partnership aims to reduce development costs and str…