New Delhi, India: Toyota will launch more cars and ramp up volumes in India, the world’s fifth biggest car market. This reverses an earlier decision to freeze investment after the Supreme Court lifted an eight month ban on sale of large diesel vehicles in Delhi.
Read more...
Delhi, India: ExxonMobil Lubricants has entered an official partnership with Micromatic Machine Tools to supply lubricants and other services.
Read more...Chongqing, China: The China Chongqing International Machine Tool Show (CCIMT) will take place from November 13 to 16, 2017 at Chongqing International Expo Centre, Yubei, Chongqing, China.
Read more...
Singapore: UPS has announced that its partner Fast Radius, will open a 3D printing factory in a UPS facility in Singapore by the end of 2016, expanding the on-demand 3D printing network to Asia. The facility will enable customers to increase their supply chain efficiency with additive manufacturing.
Read more...Seoul, S Korea: South Korea, although a relative latecomer in global additive manufacturing, is striving to boost technology and cultivate expertise in the industry.
Read more...Sarawak, Malaysia: Hebei Xinwuan Group’s Wenan Iron and Steel have proposed plans to build an integrated steel plant in the state of Sarawak in Malaysia worth MYR 13 billion (US$3 billion).
Read more...Ditzingen, Germany: The Trumpf Group registered a three percent increase in sales, with the figure amounting to €2.8 billion (US$3.12 billion), compared to previous year’s €2.7 billion.
Read more...Jakarta, Indonesia: Indonesia’s car sales is on track to increase between 3 percent and 5 percent in 2016, buoyed by new product launches, a more positive macroeconomic environment, increased liquidity and more relaxed financing terms, international ratings agency Fitch Ratings finds.
Read more...
Singapore: Siemens recently launched its Digital Factory Manufacturing Design Consultancy, which aims to assist companies to assess the current state of their facilities, and thereafter structure an Industry 4.0 transformation roadmap to digitalise their factories. The ceremony was officiated by Minister for Trade and Industry (Industry) Mr S Iswaran, and Siemens AG chief executive officer Joe Kaeser.
Read more...Samsung informed customers to stop using their Galaxy Note7 smartphones while it investigates reports of fires in the devices, as the tech giant continues to rectify its recall situation.
Read more...