Gartner Forecasts Worldwide IT Spending to Grow 9.8% in 2025

BANGKOK, Thailand., Jan 30, 2025 - Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner, In…

Major Investment Projects: TikTok and Siam AI Kick Off Investments in Thailand in 2025

Thailand BOI Approves Investments Worth A Total of US$5 Billion, Including TikTok’s Data Hosting Project.

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.

Key Automotive Trends for 2025

Electric vehicles are set to dominate the market, with a 17% growth in shipments in 2025 and over 50% of all models expected to be electric by 2030, as predicted by Gartner.

Special Offer from Hitachi: Boost Your Production Confidence

Hitachi proudly presents a complete solution package tailored for foundries and metal producers: the Vulcan Series Handheld LIBS and OE Series Spark OES, now available with an excl…

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.

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…

Mazda to build Module Pack Plant for Cylindrical Lithium-ion Batterires

Mazda to build Module Pack Plant for Cylindrical Lithium-ion Batteries for Automotive Use in Iwakuni City, Yamaguchi Prefecture

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…

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…

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…

JAKA Robotics Hosts First Seminar in Thailand, Showcasing Cutting-Edge Cobot Technology and Launching JAKA THAILAND

On November 28, 2024, JAKA Robotics, a leading Chinese brand in collaborative robots (Cobots), partnered with AppliCAD Public Company Limited to host its inaugural seminar in Thail…

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 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.

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.

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).

DigiKey’s 16th Annual DigiWish Holiday Giveaway Kicks Off Dec. 1, 2024

DigiKey’s 16th Annual DigiWish Holiday Giveaway Kicks Off Dec. 1, 2024 by selecting 24 lucky winners

Gühring Thailand: Driving Innovation in Cutting Tools at METALEX 2024

In an exclusive interview, Mr. Ralf Alber, Managing Director of Gühring Thailand, shares insights into the company's market focus, innovative offerings, and strategies to address t…

Renishaw: Transforming Manufacturing with AGILITY® CMM at METALEX 2024

Renishaw is set to make waves at METALEX 2024 with the launch of its AGILITY® CMM range. Steve Bell, ASEAN General Manager of Renishaw, shared insights that position AGILITY® CMM a…