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thailand

Thai agritech startup to use satellite images and AI for farming

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A startup company in Thailand called Ricult is planning to use satellite imagery and artificial intelligence to provide precision agritech services to farmers.

The company recently raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. Among its backers are the Bill and Melinda Gates Foundation, and Bangkok Bank.

Ricult – which takes its name from the middle of the agriculture – says it is particularly targeting small-scale farmers with its services. [Read more…] about Thai agritech startup to use satellite images and AI for farming

Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

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Universal Robots has helped Vietnam-based Vinacomin Motor Industry Joint Stock Company “future-proof” its production processes with collaborative robots.

VMIC is a subsidiary of the Vinacomin Group, a state-owned coal and mining giant.

VMIC, one of the first state-owned manufacturers to deploy cobots, has seen productivity increase two to three times, with improved product quality, leading to a 50 to 60 percent rise in orders. [Read more…] about Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

Thailand and South Korea sign new trade and investment deals

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Thailand and South Korea have been working closely to increase bilateral trade and investment.

The two countries are among the largest manufacturers of advanced technological products in the world.

Overall, when all manufacturing is taken into account, South Korea is approximately the fifth-largest manufacturing nation in the world, while Thailand is within the top 20.  [Read more…] about Thailand and South Korea sign new trade and investment deals

Robotics and automation reshaping Thailand’s economy, as it looks to sell more industrial robots

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Asian country’s government-backed investment organisation talks up ‘Thailand 4.0’, highlighting the industrial robot manufacturing sector, where sales are forecast to increase by 133 per cent from 2,131 units in 2013 to 7,500 units in 2018 – and it’s offering huge tax breaks to achieve it 

Thailand has been doing well as a result of globalisation, but with increasing attention to, and investment in robotics, the country is looking to further accelerate its development. 

Authorities in the country have launched something they call “Thailand 4.0” – based on Industry 4.0 – which essentially refers to the greater levels of internet connectivity in the industrial sector.

And even if the country’s industrial sector has been doing well, greater levels of connectivity would elevate operations to a higher level, or create value, as the authorities see it.  [Read more…] about Robotics and automation reshaping Thailand’s economy, as it looks to sell more industrial robots

ABB opens new robotics plant in Thailand

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ABB has opened a new robotics facility in Thailand. 

Officially called ABB Robotics Machine-Tending Limited, or RMT for short, the business unit is set to produce machine-tending robotics, in Rayong Province, Thailand.

The opening ceremony was attended by Staffan Herrström, Sweden’s ambassador to Thailand, and Sirichote Singsa, who oversees ABB’s robotics and motion division in Thailand.  [Read more…] about ABB opens new robotics plant in Thailand

South-east Asian nations partner to create robotics ecosystem

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Several south-eastern Asian nations have entered into a partnership to create what’s being described as a “robotics ecosystem” for the region. 

The basic idea is to increase the use of robotics, automation, and related technologies to improve their industrial sector.

Industry associations from Singapore, Malaysia, Thailand and Vietnam have agreed to sign a deal which was outlined by trade minister Dr Koh Poh, at the ongoing Singapore International Robo Expo.  [Read more…] about South-east Asian nations partner to create robotics ecosystem

Thailand prioritises robotics, aerospace, and auto industries as it looks to increase competitiveness

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Managing an economy today is not easy. But managing it for tomorrow? Now that’s a real challenge. It’s one that the government in Thailand is tackling head on, with a raft of new policies aimed at future-proofing its workforce and industry, particularly in the automotive, robotics, and aerospace sectors.

The measures, known collectively as Thailand 4.0, are centered on incentivizing foreign direct investment and nurturing innovation for 10 key future-focused industries.

The goal is to foster an ecosystem that promotes emerging technology, innovation, and creativity within each of these sectors.  [Read more…] about Thailand prioritises robotics, aerospace, and auto industries as it looks to increase competitiveness

Nachi to open giant facility in Thailand

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nachi thailand plant
How the Nachi-Fujikoshi plant in Thailand will look when it’s finished

Nachi is building a manufacturing subsidiary in Thailand to capitalise on the growing Asean market. 

The company is one of the largest industrial robot manufacturers in the world, and is looking in particular towards the automotive sector for further growth opportunities.

Nachi says the Thailand plant will be “making forged and turned parts inside Asean market member states, where medium and long term expansion of automotive production is expected”.

Nachi-Fujikoshi is now promoting a “regional production for regional supply” in foreign market areas.  [Read more…] about Nachi to open giant facility in Thailand

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