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.
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).
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
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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
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…
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…
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…
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.
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…
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…
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…
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.
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.
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 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.
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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…
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
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.
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 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.
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 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…
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…
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.
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…
Car Production in April dropped by 11.02% to 104,667 units.
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…
DigiKey Officially Registers as an Importer of Record in Japan, Offering Japanese Customers a Localized Experience
DigiKey officially registers as an Importer of Record (IOR) in Japan, enabling Japanese customers to eliminate the need for customs clearance and payment of duties and consumption …
Car Production in March 2024 totaled 138,331 units
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 …
DigiKey and 3PEAK Establish Global Distribution Partnership
DigiKey has expanded its product portfolio through a strategic global distribution partnership with semiconductor developer 3PEAK. This adds 3PEAK's cutting-edge products to DigiKe…
DigiKey and NXP Unveil MCX MCU Design Contest at Embedded World 2024
DigiKey teaming up with NXP® Semiconductors to launch the MCX MCU Design Contest at embedded world. The contest opens on April 8, 2024, and all design ideas must be submitted by Ma…
Thailand BOI Issues Incentives to attract World-Class Events; Expands PCB Manufacturing Incentives to Cover the Entire Supply Chain
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…
Thailand BOI Issues Incentives to attract World-Class Events; Expands PCB Manufacturing Incentives to Cover the Entire Supply Chain
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…
Car Production in February 2024 totaled 133,690 units
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,…
DigiKey and LabsLand Release Prism4 Remote Engineering Hardware System
DigiKey and LabsLand Release Prism4 Remote Engineering Hardware System - Collaborative project delivers hardware and software solution for remote engineering evaluation and learnin…
DigiKey Launches Season 3 of its “Farm Different” Video Series
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 …
Car Production in January 2024 totaled 142,102 units
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).
Gartner Predicts Worldwide Shipments of AI PCs and GenAI Smartphones to Total 295 Million Units in 2024
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…
DigiKey Adds Over 450 New Suppliers and 1.7 Million New Parts in 2023
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…
Car Production in December 2023 totaled 133,621 units
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%.
Thailand Aims to Produce 1.9 Million Cars in 2024
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…
Japan's Semiconductor Equipment Sales Set to Soar, Surpassing 4 Trillion Yen in FY2024
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…
Gartner Says Worldwide PC Shipments Increased 0.3% in Fourth Quarter of 2023 but Declined 14.8% for the Year
Gartner Says Worldwide PC shipments totaled 63.3 million units in the fourth quarter of 2023, a 0.3% increase from the fourth quarter of 2022 but Declined 14.8% for the Year
NETA Auto Strategic Partner Conference 2024 : Successful Global Collaboration for Future Development
NETA Auto Strategic Partner Conference 2024 : Successful Global Collaboration for Future Development
GWM Makes History as the First Chinese OEM to Mass-Produce EV Overseas
GWM achieves a groundbreaking milestone as the GWM Ora 03, also known as the GWM Ora Good Cat, rolls off the production line at the GWM Rayong factory in Thailand.
Isuzu Announces 3.2 Billion Baht Investment in Thai Production Base for EV Pickups
Isuzu announces a 32 billion baht investment to produce electric pickup trucks in Thailand over the next 5 years, with plans for export to Norway.