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…
BOI Consulting Service is designed to assist you in obtaining investment promotion from the Board of Investment (BOI). Our comprehensive services include evaluation, document prepa…
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…
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…
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japan machine tools in March 2024 amounted to 136.65 billion yen ($886.77 million), an increas…
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 …
Sumitomo Bakelite is proposing the use of resin for automotive battery components to reduce weight and enhance manufacturing efficiency, contributing to lighter EVs.
In 2024, the Japanese government designated it as the "first year of medium-sized enterprises," intending to boost support, investment, and wage hikes for this vital sector.
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in February 2024 amounted to 110.96 billion yen ($755 million), a decr…
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,…
Nippon Steel, the world's fourth-largest steel producer, is enhancing supply chain stability by announcing a policy to increase the proportion of coal and iron ore procured from it…
The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japan machine tools in January 2024 amounted to 110.96 billion yen ($755 million), a decre…
New factories were licensed in January 2024, totaled 203 factories. Chonburi was the province where 17 new factories opened, the largest number with the total capital of 1,176.00 m…
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).
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…
New factories were licensed in December 2023, totaling 145 factories. Chonburi was the province where 17 new factories opened, with a total capital of 1,736.09 million baht
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