The manufacturing and engineering sectors have experienced a profound transformation, courtesy of rising 3D metalworking technologies. Nikhil Kaitwade from Future Market Insights walks APMEN through the new markets created by additive manufacturing (AM).
3D Printing In Construction And Its Impact On The Labour Market
Construction is among the main industries that contribute to countries’ economic development, with a 9% GDP (gross domestic product) share and about 7~8.5% of the total global employment. Yet, using additive manufacturing (AM) in construction is slower than manufacturing.
Vietnam FDI Inflows Top US$18 Billion In 8 Months
Vietnam lured close to US$18.15 billion in foreign direct investment (FDI) from the beginning of this year to 20 August 2023, up 8.2% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Kia Mulls Starting Its First ASEAN Production Facility In Thailand
South Korean automaker Kia Corp. is reviewing the plan to build a production facility in Thailand with an annual capacity of 250,000 cars, according to sources.
ASML Started Limiting Chip Gear Exports To China
At at June, the Netherlands issued an unprecedented export control restricting ASML Holding NV’s chip-making machines from being sent to China.
Ningbo Semiconductor International (NSI) Founder Herb Huang He To Face Prosecution
Herb Huang He, former Chairman and Chief Executive of Ningbo Semiconductor International Corp (NSI), an affiliate of top Chinese chip maker Semiconductor Manufacturing International Corp (SMIC), is facing criminal charges that include embezzlement and bribery.
TD Holdings In Strategic Agreement to Develop Energy Storage Battery Project In Southeast Asia
The anticipated annual capacity gain of the Energy Storage Battery Project is expected to reach US$412 million.
Ayala Joins Forces With BYD On Charging Stations In Philippines
AYALA Corporation inked the deal as the new official distributor of BYD vehicles in the Philippines as reported by Manila Times. EV owners can expect more BYD charging stations in both public (malls) and private (condominiums, residential developments) properties that are owned and managed by Ayala Corp. and its subsidiaries.
Indonesia To Rule The Oil Refinery Arena
Modor Intelligence noted Indonesia is doubling down on building oil refineries for a variety of reasons. The bottom line is the industry can expect a spike in machine tool demand with a focus in metal cutting sector.
