Japan's Machine Tool Orders Slip Again in August 2024
Japan's machine tool orders fell for the second consecutive month in August, according to the latest JMTBA data. The total value of orders placed in August stood at 110.770 billion…
Japan's machine tool orders fell for the second consecutive month in August, according to the latest JMTBA data. The total value of orders placed in August stood at 110.770 billion…
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 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.
New factories were licensed in July 2024, totaled 186 factories. Chonburi was the province where 21 new factories opened, the largest number with the total capital of 1,881.82 mill…
The JMTBA has reported a slight decline in global orders for Japanese machine tools in July 2024. Total orders reached 123.942 billion yen ($843.86 million), marking a 7.4% decreas…
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.
YG-1 Launches Prime Tap X-Coating line for high performance tapping across a range of ductile materials including carbon and alloy steels, ductile irons, aluminum, and stainless st…
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…
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…
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% …
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…
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…
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…
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.
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…
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…
Sharp scales back its device business significantly, discontinuing large TV manufacturing, suspending operations at the Sakai plant and cutting staff.
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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…
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…