Manufacturing
Taiwan’s manufacturers cut jobs amidst lowest confidence levels
Confidence in the outlook reached its lowest point in 2024.
Taiwan’s manufacturers cut jobs amidst lowest confidence levels
Confidence in the outlook reached its lowest point in 2024.
South Korean factory activity sees sharpest downturn since June 2023
Optimism has reached its softest level in 21 months.
Typhoon Yagi hits Vietnam’s manufacturing, causing sharp production decline
Full recovery is expected to be delayed until early 2025.
Malaysia's manufacturing sales rise by 7.7% in August
The food, beverages, and tobacco sectors lead the growth.
Global semiconductor market hits record August sales
This marks the fifth consecutive month of growth and the largest YoY increase since April 2022.
GEP Global Supply Chain Volatility Index declines in September
This is the lowest in 14 months.
PMI signals slowest global growth since January
Business optimism falls to its lowest level in four years.
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.
Japan's manufacturing conditions weaken for third straight month
Its September factory activity slightly dips to 49.6.
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.
APAC's AV computer system fitment market to grow at 9.7% CAGR
The growth is projected to happen over 2024 to 2029.
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.
Nearly 8 in 10 manufacturers will boost AI investment in 2024
97% are optimistic about AI's promise to create jobs.