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Thailand's manufacturing sector is facing a significant downturn, with nearly 2,000 factories shutting down in the past year. This alarming trend is causing widespread concern about the state of the country's economy. The closures have had far-reaching implications, leading to job losses, a decrease in production and a slowdown in economic growth. Many of the shuttered factories were in the garment, electronics, and automotive industries, which are crucial drivers of Thailand's economy. The reasons behind this industrial downturn are complex. Factors such as rising production costs, stiff competition from other countries, and a lack of skil...... Read Full article on HadNews

Humanoid robots are becoming more prevalent in factories around the world, including in China where they are being used alongside human workers to increase efficiency and productivity. In a recent technology exhibition in Barcelona, Toyota unveiled their new robot, Puno, which is designed to hug and carry objects with its whole body, similar to how a human would. The robot is equipped with tactile sensors and inflatable pads to help it feel and grip objects accurately. At the same exhibition, Figure Robotics showcased their robot 01, which is currently being used in BMW factories to move containers from one place to another. While this...... Read Full article on HadNews