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…

Suzuki to Develop New Vehicle with 100kg Less Weight, to Be Launched in Early 2030s

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% …

Unmasking Pollution: A Guide to Analyzing and Reducing Supply Chain Emissions

Carbon neutrality (CN) is a significant social issue facing companies. The first step to addressing this issue is to visualize greenhouse gas (GHG) emissions, leading to the consid…

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…

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.

Japan Machine Tool Orders: May 2024

Orders for Japanese machine tools worldwide in May 2024 amounted to 124.53 billion yen (US$774.71 million), up 3.0% from the previous month, and a 4.2% increase from the same month…

Electronic Components Boom! 7 Companies See Profit Growth as Electric Vehicles Drive Demand

Full-year forecasts for eight electronic component companies: seven increase in profits for the current period; automotive applications remain strong.

Thailand Car Production Drops 16.19% in May Amidst Economic Slowdown and EV Readiness Concerns

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 Exits LCD Business, Halts Production of Large TVs

Sharp scales back its device business significantly, discontinuing large TV manufacturing, suspending operations at the Sakai plant and cutting staff.

Japanese Machinery and Tool Giants Forecast Strong Growth

Top Japanese machinery and tool companies are projecting growth in 2024, fueled by increased investments in semiconductors and electric vehicles.

Car Painting Revolution: CO2 Emissions Slashed

Sekisui Chemical Co., Ltd. announced a revolutionary “paint transfer sheet” that significantly reduces carbon dioxide emissions in the automobile painting process.

Toyota Develops New Efficient 1500cc and 2000cc Engines for Electrification

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…

Toyobo Fibers unveils “CfC Yarn”, Soft and Easy to Shape into Three Dimensions

Toyobo Fibers has developed “CfC yarn”, a composite yarn combining carbon and thermoplastic fiber. This yarn is soft like thread and easy to shape into three-dimensional forms.

Japan Machine Tool Orders: April 2024

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…

Car Production in April dropped by 11.02% to 104,667 units.

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…

Automakers Accelerate Development of Solid-State Battery, Eyeing Competitive Edge in EV Market.

Accelerating All-Solid-State Battery Development to Improve EV Competitiveness with Long-Range Cruising and Low Cost.

Japan Machine Tool Orders: March 2024

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…

Car Production in March 2024 totaled 138,331 units

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 …