Asia
Otis Lowers Earnings Expectations on Continued Weak Demand in China
Otis expects full-year net sales of US$14.1 billion-US$14.4 billion, below estimates of US$14.6 billion as the Chinese property market crisis continues to weaken demand for new equipment, Reuters is among outlets to...
KONE to Provide Elevators for High-Rise Mumbai Complex
KONE announced on January 28 it received an order to provide 21 passenger elevators for Aga Hall Estate in Mumbai, India, which consists of 45- and 56-story towers containing 349...
Fujitec Global Field Technical Training Held in Tokyo
Fujitec's global companies gathered in Tokyo and participated in the first Global Field Technical Training in October 2024. This training was conducted to help the participants be good mentors by...
Online Discussion Held As Part of Fujitec WheeLog Sponsorship
On December 7, 2024, the nonprofit WheeLog organization and Fujitec’s Technology Research Department, which conducts technological research on elevators, hosted an online discussion called “The Wheelchair Users X Fujitec Staff's...
Funds Allocated For Elevator Replacement in Kyrgyzstan Capital
Municipal authorities in Bishkek, the capital city of Kyrgyzstan in Central Asia, have allocated KGS165 million (US$1.8 million) to replace approximately 100 outdated elevators in the city, 24 KG reports....
TKE Spotlights Universal Service Platform in Thailand
TK Elevator (TKE) recently spotlighted how its Universal Service platform ensures accessibility for metro and railway systems in Thailand. The OEM currently services more than 740 elevators and escalators at...
South Korea Elevators Inspected Ahead of Lunar New Year
The South Korea Ministry of the Interior and Safety said it conducted special inspections on elevators at 18 major train stations ahead of the Lunar New Year holiday, ChosunBiz reports....
Hyundai Launches Residential Delivery Robots in South Korea
Hyundai Engineering & Construction announced on January 14 that it plans to apply the indoor and outdoor integrated autonomous robot delivery service, co-developed with Hyundai Motor Group startup "Mobinn," at...
Three-Year-Old Boy Dies Falling From Escalator Handrail
On January 14, a three-year-old boy died after falling from an escalator handrail in a mall in Delhi, India, NDTV reports. A police officer said that the boy was with a group...
Nibav Lifts Introduces New Residential Elevators in U.S.
Nibav Lifts, a leading provider of home elevator solutions headquartered in India, recently introduced its high-end residential elevators to the U.S. market, City Buzz reports. The new home elevators will provide American...
