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.

Foundation for Industrial Development Thai-German Institute (TGI), Mobile Innovation Company Limited (MI), and NTT Communications Corporation (NTT Com) Sign Groundbreaking Memorandum of Understanding

The Foundation for Industrial Development Thai-German Institute (TGI), represented by President Mr. Somchai Jakkareen, Mobile Innovation Company Limited (MI), represented by Presid…

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.

New Mazda CX-5 Hybrid to be unveiled in 2025, addressing the EV era.

Mazda is developing a new hybrid engine for its larger SUV, the CX-5, with plans to introduce it in 2025. This move is part of a broader strategy to consolidate its current models …

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…

Chonburi Leads with the Highest Number of Industrial Factories in July 2024

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…

Kubota to Expand Industrial Engine Production in Thailand

Kubota is expanding its Thailand factory to increase annual production of industrial diesel engines from 120,000 to 160,000 units by 2026. The investment is estimated to be several…

Revolutionizing Thailand's Manufacturing Industry: "The Utmost Stories of 5 Axis Technology" – First-Ever Event in Thailand Coming This October

Japan's Machine Tool Orders Dip in July, Thailand Sees Significant Drop

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 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

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.

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…