News
China's manufacturing sector sees sharpest decline in September since July 2023
Thanks to weakening demand, reduced new orders, and subdued market conditions.
China's manufacturing sector sees sharpest decline in September since July 2023
Thanks to weakening demand, reduced new orders, and subdued market conditions.
AI computer shipments to surge 165% by 2025, hitting 114 million units
AI computers are set to gain 26 percentage points in global shipment share from 2024 to 2025.
AI startups lead manufacturing sector’s automation transformation
Startups are using technologies such as AI-powered collaborative robots and production simulations.
Warehouse automation market to hit $55b by 2030
One driving factor includes the e-commerce boom.
Logistics automation market to grow to $55b by 2030
It will be driven by the e-commerce industry and supply chain transformation.
Asia polycarbonate capacity balloons to 2.05 million tonnes per annum by 2028
Additional capacity is expected to be 2.05 million tonnes by 2028.
Indonesia’s computer market increases by 17.9% YoY in Q2 2024
It also recorded a 6.1% growth QoQ.
Japanese OEMs battle to compete in China's car market
Nissan, Honda, and Toyota face a massive year-on-year sales decline.
Australia faces growing pressure as China steel demand fall
Steel demand in China could drop to 750 to 800 million tonnes per annum over the next five to 10 years.
Big 4 Indian cement players capacity share to rise to 60%
An additional 90-100 million tonnes are expected over the next two years.
Global semiconductor sales rise 18.7% YoY in July
China and Asia Pacific sales also surged.
Visa issues for Chinese tech drive Indian manufacturing delays
India will fastrack visas for Chinese technicians.
Philippine manufacturing growth steady at 51.2 PMI in August
However, employment and purchasing activity have waned.
AI demand boosts Korean memory chip industry recovery
This recovery follows a severe downturn in 2023.
Gov’t net-zero goals drive EV demand in the Philippines
Government policies, high fuel prices, and infrastructure development drive EV adoption.
Manufacturing PMI in Malaysia remains stable at 49.7 in August
Conditions likely to stay subdued in the short term.
Malaysia's manufacturing industry operates at 82.1 % capacity in Q2
Capacity utilisation rose by 1.3 percentage points from the previous quarter.
