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2024 Global Fab Equipment Spending Recovery Expected After 2023 Slowdown
Global fab equipment spending for front-end facilities in 2023 is expected to decline 15% year-over-year to US$84 billion from a record high of US$99.5 billion in 2022 before rebounding 15% YoY to US$97 billion in 2024.13 September, 2023 | 3 minutes -
ABB to Invest $280 Million in Its European Robotics Hub in Sweden
The campus will strengthen ABB’s “local for local” set up increasing production capacity by 50% to enhance ABB’s ability to meet growing demand for flexible automation and robotics solutions close to its European customers.13 September, 2023 | 3 minutes -
Honeywell's Automation and Digitalization Technologies to Support American Battery Factory's New Gigafactory
American Battery Factory has selected Honeywell Technologies for its new gigafactory.13 September, 2023 | 2 minutes -
Beckhoff Vision Brings Automation Technology and Machine Vision into Singular Focus
The new camera, lighting and lensing hardware complements TwinCAT automation software for a comprehensive, integrated image processing solution–backed by iF and Red Dot awards.13 September, 2023 | 2 minutes -
It’s Time to Commit to Energy Efficiency–for Planet and Profit
ABB’s March 2023 Energy Insights report reveals that 58% of business leaders believe that today’s energy crisis could delay their emission reduction targets by up to five years.By: Tarak Mehta13 September, 2023 | 3 minutes
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