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UR survey shows 48% of manufacturers plan to invest in AI

Robotics Business Review

. | Source: Universal Robots The artificial intelligence market is projected to reach $407 billion by 2027, with an annual growth rate of 37.3%, according to Forbes. They came from various industries, primarily manufacturing, healthcare, food and beverage, and automotive.

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Automotive still Britain’s number one exporter of goods despite year of renewal

SMMT

Manufacturing for domestic and overseas markets down -20.8% New analysis shows Auto remains UK’s largest exporter of manufactured products, with shipments of cars, vans and components worth almost £47bn. September car output falls -20.6% to 70,039 units as factories prepare for all-new electric models. million by 2030.

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Brexit deal poses ‘existential threat’ to UK car manufacturing, industry warns

E&T

The prime minister Rishi Sunak is facing pressure from the car manufacturing industry to renegotiate the ' Trade and Co-operation Agreement' (TCA) with the European Union (EU). Stellantis, which employs more than 5,000 people in the UK, was responding to an enquiry into the supply of batteries for EV manufacturing in the country.

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300mm fab equipment spending forecast to rise to record levels by 2027: SEMI report

Canadian Manufacturing

MILPITAS — Global 300mm fab equipment spending for front-end facilities is forecasted to reach a record US$137 billion in 2027 after topping US$100 billion for the first time by 2025 on the strength of the memory market recovery and strong demand for high-performance computing and automotive applications, SEMI highlighted on Mar.

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Semiconductor industry to invest $400B in 300mm Fab Equipment in 3 yrs: SEMI

Canadian Manufacturing

Global 300mm Fab Equipment Spending to 2027 MILPITAS — Global spending on 300mm fab equipment is expected to reach US$400 billion from 2025 to 2027, SEMI highlighted in its quarterly 300mm Fab Outlook Report to 2027 report. billion in 2027. Spending is forecast to experience 11 per cent growth to US$136.2

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UK car production up again as inward investment surges

SMMT

UK car manufacturing output up 31.6% in October, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Mike Hawes, SMMT Chief Executive, said, These figures, coming on the back of a series of significant investment announcements, signpost a bright 2024 for the UK automotive sector.

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Chinese automaker to use UBTECH humanoid

Robotics Business Review

Ubtech says its humanoid robots can be used in industrial manufacturing, exhibition halls, warehousing and logistics, commercial office services, home services, and college and research institutions. The Walker S humanoid will be performing various tasks in the car manufacturing process.