Thailand's Car Production Plunges 17.37% in December
Thailand produced 104,878 vehicles in December 2024, marking a 17.37% drop year-on-year. The decline was driven by both domestic and export market weakness.
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![Thailand BOI Says 2024 Investment Applications Soar 35% to 10-Year High of USD33 Billion]()
![Japanese Firms Scale Back China Expansion to 21%]()
![Rayong Leads with the Highest Number of Industrial Factories in November 2024]()
![Japan's Machine Tool Orders in November 2024]()
![Thailand's Car Production Down 28% in November]()
![Japan's Machine Tool Orders in October 2024: Thailand Sees a Sharp 50% Decline]()
![Samut Sakhon Leads with the Highest Number of Industrial Factories in October 2024]()
![Thailand Approves Semiconductor Strategy to Attract 500 Billion Baht]()
![Thailand EV Board Approves Tax Cuts for Hybrid Cars and Extends Production Scheme]()
![Electronics Industry Booms: 8 Major Companies Raise Full-Year Revenue Targets Amid Growing Digital Transformation Investments]()
![Gartner Forecasts Worldwide Semiconductor Revenue to Grow 14% in 2025]()
![Thailand's Auto Production Plunges 20% in August 2023]()
![Seven Passenger Car Companies’ Global Sales Fall 1.4%]()
![Proterial Develops Advanced Magnetic Sheet for Non-Contact EV Charging]()
![Samut Prakan Leads with the Highest Number of Industrial Factories in September 2024]()
![DigiKey Adds More Than 611,000 Products and 139 New Suppliers in Q3 2024]()
![Japan's Machine Tool Orders Rise in September 2024]()
![85 Million EVs to Dominate Gglobal Roads in 2025]()
![Thailand's Auto Production Plunges 20% in August 2023]()
Thailand BOI Says 2024 Investment Applications Soar 35% to 10-Year High of USD33 Billion
BOI said today that applications for investment promotion in 2024 soared 35% in value to 1.14 trillion baht (ca. USD 33 billion), the highest level since 2014, led by large foreign…
Japanese Firms Scale Back China Expansion to 21%
Japanese companies are “expanding” into China at a rate of just 21% due to sluggish domestic demand and U.S. sanctions, according to a JETRO survey.
Rayong Leads with the Highest Number of Industrial Factories in November 2024
New factories were licensed in November 2024, totaled 165 factories. Rayong was the province where 18 new factories opened, the largest number with the total capital of 2,283.79 mi…
Japan's Machine Tool Orders in November 2024: Thailand Leads with 27% Growth
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in November 2024 amounted to 119.327 billion yen ($756.71 million), repr…
Thailand's Car Production Down 28% in November
In November 2024, Thailand produced a total of 117,251 cars, a decrease of 28.23% from the 163,337 units produced in November 2023. The decline was driven by a 20.67% decrease in e…
Japan's Machine Tool Orders in October 2024: Thailand Sees a Sharp 50% Decline
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in October 2024 totaled 122,550 million yen, marking a 2.2% decrease fro…
Samut Sakhon Leads with the Highest Number of Industrial Factories in October 2024
New factories were licensed in October 2024, totaled 151 factories. Samut Sakhon was the province where 26 new factories opened, the largest number with the total capital of 973.8…
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.
Thailand EV Board Approves Tax Cuts for Hybrid Cars and Extends Production Scheme
Thailand EV Board approves extended production timeframe for BEV and inclusion of Mild HEV in hybrid incentive package to support industry’s electrification.
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).
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…
Samut Prakan Leads with the Highest Number of Industrial Factories in September 2024
New factories were licensed in September 2024, totaled 257 factories. Samut Prakan was the province where 53 new factories opened, the largest number with the total capital of 3,…
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.
Japan's Machine Tool Orders Rise in September, Domestic and Overseas Markets Show Mixed Results
Japan's machine tool orders rebounded for the first time in three months in September 2024. Orders reached 125.36 billion yen (US$814.01 million), a 13.2% increase from the previou…
85 Million EVs to Dominate Global Roads in 2025
By the end of 2025, 85 million electric vehicles (EVs) - cars, buses, vans and heavy trucks – are expected to be on the road, according to the latest forecast by Gartner, Inc.
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…