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…
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% …
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.
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 Announces Global Partnership with Memory Products Leader Kingston Technology
DigiKey has partnered with Kingston Technology to distribute its memory and storage solutions globally.
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…
Japanese Automakers Rethink China Strategy Amid Slow Response to NEV Price Wars
Japanese automakers are being forced to rethink their China strategies. Nissan has closed some of its factories, Honda is planning to cut staff, and Mitsubishi has already withdraw…
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…
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…
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.
TAKAMAZ XWT-8: A Cutting-Edge 8-inch CNC Precision Lathe 2 Spindles 2 Turrets
The TAKAMAZ XWT-8 is a high-precision CNC lathe with an 8-inch chuck, featuring 2 spindles and 2 turrets, imported from Japan.
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…
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…
Japan Embraces Nuclear and Renewables to Cut Carbon
Currently, Japan is implementing its Sixth Energy Plan, which aims to reduce greenhouse gas emissions by 46% by fiscal year 2030 compared to 2013. The power source mix is expected …
Unlock Marketing Opportunities with MICE at Thailand MICE X-Change 2024! Don't Miss Out on July 17-18 at BITEC!
'TEA' collaborates with 'TCEB' to organize the 'Thailand MICE X-Change 2024,' the first of its kind in Thailand, aiming to propel Thailand as the MICE hub of the region, stimulatin…
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 …