Tag: thailand
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Mitsubishi Electric to supply elevators and escalators for ‘One Bangkok’ development
Mitsubishi Electric says its subsidiary Mitsubishi Elevator in Thailand has secured a major order from “One Bangkok”, an enormous new development in the capital city. A joint venture between TCC Assets and Frasers Property, One Bangkok is Thailand’s largest private sector property initiative ever undertaken, setting new benchmarks in design, smart-city living and sustainability. The…
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Thai agritech startup to use satellite images and AI for farming
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.…
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Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots
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…
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Thailand and South Korea sign new trade and investment deals
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.
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Robotics and automation reshaping Thailand’s economy, as it looks to sell more industrial robots
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,…
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ABB opens new robotics plant in Thailand
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…
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South-east Asian nations partner to create robotics ecosystem
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…
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Thailand prioritises robotics, aerospace, and auto industries as it looks to increase competitiveness
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…
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Nachi to open giant facility in Thailand
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…