Schneider Electric France Hikes Prices Sharply, Up to 20%!!! Price Adjustment Notice for Schneider Low-Voltage Distribut
2026-02-03
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After work on January 20th, Schneider Electric announced a price increase. Have you stocked up in advance recently?
The main reason for Schneider Electric's recent price hike is the rising cost of raw materials, especially the sharp surge in the prices of bulk commodities such as copper and silver. These raw materials are key components of Schneider's products, and their price fluctuations directly impact production costs.
The price-increased products include air circuit breakers, molded case circuit breakers, miniature circuit breakers, contactors, thermal overload relays and more!
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Factory-less Automation Provider Keyence's 2025 Revenue Surpasses 1 Trillion Japanese Yen ≈ 47.21 Billion Chinese Yuan ≈
2026-01-19
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Founded in 1974, Keyence is a world-leading supplier of automation equipment that occupies an important position in the industrial automation sector. Its product portfolio covers sensors, vision systems, measuring instruments, and more, earning it the reputation of a "toolkit" for high-end industrial automation equipment.
Keyence is a "factory-less" manufacturer.
Adopting a "direct sales + factory-less" business model, Keyence boasts an extremely high R&D expenditure conversion rate. Instead of selling low-cost hardware, it provides "solutions" that address production challenges. Moreover, it achieves remarkably high profit margins. With an operating profit margin of over 50%, it stands as a veritable "myth" in the manufacturing industry.
The fiscal year 2025 marked a milestone for Keyence, as its revenue exceeded 1 trillion Japanese Yen for the first time. What’s more, the company maintained its stunning profit margin. Its operating profit margin of over 50% remains a near-"mythical" figure in the manufacturing sector.
According to Keyence's Annual Report 2025, the document provides a detailed disclosure of the annual performance for the fiscal year ended March 20, 2025.
Below is a detailed interpretation of the performance table and its key indicators:
Fiscal year 2025 marked a milestone for Keyence, as its revenue exceeded 1 trillion Japanese Yen for the first time.
Indicator (Unit: 100 million JPY)
FY2024 (as of Mar 24)
FY2025 (as of Mar 25)
YoY Growth
Net Sales
9,673
10,591
+9.5%
Operating Income
4,950
5,498
+11.1%
Operating Profit Margin
51.2%
51.9%
+0.7 pt
Net Income Attributable to Owners
3,696
3,987
+7.9%
Interpretation: Despite operating from an already high base, Keyence achieved near-double-digit growth. Its operating profit margin (51.9%) remains unparalleled in the global manufacturing industry, meaning that for every 100 Yen of products sold, approximately 52 Yen is generated as operating profit.
2. Market Distribution (Regional Performance)
The report indicates that Keyence's growth momentum is primarily driven by overseas markets, with its global footprint further deepened.
Overseas Revenue Contribution: Approximately 65%.
Regional Breakdown:
Americas & Europe: The strongest growth was recorded here. Rising labor costs and manufacturing reshoring in these regions have spurred intense demand for automation and labor-saving equipment.
China Market: Performance was relatively stable, with order volumes rebounding in the second half of the fiscal year alongside the recovery of the electronics and automotive industries.
Japan Domestic Market: Despite a shrinking population, demand for sensors and measurement systems remained robust due to corporate digital transformation (DX) initiatives.
3. Core Competitiveness Analysis (Insights from the Data)
The report reveals Keyence's unique operating logic through its financial data:
Exceptionally High Gross Margin: While not directly listed in the table, Keyence's gross margin typically exceeds 80%, as implied by its 52% operating profit margin. This is attributed to its Fabless (factory-less) and Direct Sales models, which eliminate intermediary profits and reduce fixed asset burdens.
Efficient R&D Investment: New products launched in FY2025 continued to contribute significantly to revenue. Approximately 70% of Keyence's products are "industry-first" or "world's best," ensuring strong pricing power.
4. Shareholder Returns and Financial Health
Dividends: Alongside profit growth, Keyence maintained a stable dividend policy.
Balance Sheet: The company continues to operate with zero debt. Its substantial cash and cash equivalents provide solid support for future technology acquisitions and the expansion of its global marketing network.
For an extended period, Keyence's revenue had lagged behind Mitsubishi Electric's Factory Automation (FA) division. However, in FY2025, with revenue reaching 1,059.1 billion Yen, Keyence has firmly established its leading position:
Surpassing Mitsubishi Electric FA: Mitsubishi Electric's FA business has fluctuated between 800–900 billion Yen for years, heavily impacted by the Chinese market and semiconductor cycles. In contrast, Keyence has solidly crossed the 1 trillion Yen threshold through global expansion.
Widening Gap with Fanuc and Omron: Fanuc's annual revenue has hovered around 800 billion Yen in recent years, while Omron's Industrial Automation Business (IAB) stands at approximately 800 billion Yen. Keyence has now widened its lead by over 20% in terms of scale.
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Counterfeit industrial SCADA configuration software seized by the police – let’s take a look at what software is involve
2025-12-10
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"Elite Couple" Cracked World-Famous Software for Profit: InTouch, iFix, KingView
2013-04-11 14:42:48 |
Counterfeit Industrial Control Software and New/Old Encryption Dongles Seized by Police
Industrial automation configuration software widely used in China's automation control field includes Wonderware's InTouch, Siemens' Wincc, GE's iFix, and Citet's configuration software.
Weng and Zhang, known as an "elite couple" to outsiders, exploited their computer knowledge to produce and sell counterfeit industrial control software of internationally renowned brands at low prices, making over 800,000 yuan in profits over six years.
Under the guidance, coordination, and unified command of the Economic Investigation Bureau of the Ministry of Public Security, police in Fuzhou, Fujian Province, and Shanghai recently launched simultaneous raids. Fuzhou police seized 3,643 sets of counterfeit industrial control software, 552 new and old encryption dongles, and 1,020 labels, with the total involved amount reaching 280 million yuan.
Investigation revealed that criminal suspects Weng Mouxing, Zhang Moufang, and others, all aged 30, are postgraduates of a prestigious university in Beijing, majoring in software engineering. Leveraging their experience in industrial control work, they cracked industrial control software of multiple internationally renowned brands. They purchased optical discs, encryption dongles, data connectors, and other accessories from Guangzhou, Shenzhen, and other places, mass-produced counterfeit industrial control software of famous international brands, and entrusted a printing company in Fuzhou to produce the outer packaging.
After being copied and forged by Weng and Zhang, a set of genuine industrial control software priced at over 110,000 yuan on the market was sold for only 1,000 to 2,000 yuan. Since 2007, Weng and Zhang have sold counterfeit registered trademark industrial control software to hundreds of manufacturers in Beijing, Shandong, Jiangsu, Shanghai, Guangdong, and other regions through online stores, earning over 800,000 yuan in profits.
The couple's reckless money-making attracted the attention of police in multiple regions. Due to the case's significant complexity, high involved amount, and involvement across multiple provinces and cities nationwide, the Economic Investigation Bureau of the Ministry of Public Security designated it as the "2·18 Case of Infringing Copyrights and Counterfeiting Registered Trademarks of Industrial Control Software."
According to the police, this is a typical case of high-IQ crime. The criminal suspects did not need to build factories or make huge investments; they could easily create "wealth" from home with just a computer and relevant accessories.
Late Night in Shanghai: A Clue Uncovered
In the dead of night in Shanghai, most people who had been busy all day were asleep. Detective Sun could not contain his excitement and lay awake for a long time. Sitting by his computer, he continuously collected and analyzed information about industrial control software sales on websites. As a graduate of a relevant major, he keenly realized that behind the calm internet lay astonishing criminal activities.
This was an unforgettable night two months ago for Detective Sun Qianren of the Economic Investigation Detachment of Jiading Branch, Shanghai Public Security Bureau. After that night, he sifted through the complicated information and dug deeper layer by layer, gradually uncovering a criminal network covering all links of pirated industrial control software production, supply, and sales.
From March 27 to 28, under the unified command of the Ministry of Public Security, public security organs in 7 provinces and cities nationwide launched a cluster campaign, successfully cracking the first cross-provincial and municipal case of pirated industrial control software infringement in China. More than 7,000 sets of pirated engineering control software of internationally renowned brands were seized, with the total involved amount exceeding 500 million yuan.
Police Traceability: Corporate Clues Lead to Pirated Engineering Software Industry Chain
In early February this year, a report from a world-renowned multinational enterprise attracted great attention from Shanghai police.
The company stated that it had recently received frequent customer complaints, reflecting that the company's engineering control software they used could not effectively monitor, acquire, and store data, and the software itself had problems with stability and security. Further verification by the company found that the software involved in the complaints was pirated software without the company's authorization.
Given that such engineering control software is mainly used for operational monitoring of infrastructure, the instability and insecurity of pirated software pose serious hidden dangers to public safety. Shanghai police quickly set up a special task force to carry out work.
Where exactly did the pirated engineering software on the market come from? This crime that seriously endangers public safety has been weighing on the minds of the task force police officers.
Through investigation, the task force found that such pirated software was mainly traded on websites. The price of genuine software ranges from 50,000 to 110,000 yuan per set, while the price of pirated software is less than 4% of the genuine version. To seek illegal profits, there are as many as 11 online sellers of pirated software, spread across 7 provinces and cities including Beijing, Fujian, and Jiangsu.
"Due to the virtual nature of the internet, the true identities and criminal dens of the suspects could not be determined, which once brought our investigation to a standstill," said Detective Sun Qianren of the Economic Investigation Detachment of Jiading Branch, Shanghai Public Security Bureau.
No matter how cunning a fox is, it cannot escape a clever hunter. On the one hand, the task force worked with enterprises to conduct technical analysis of the pirated engineering software starting from the software itself to find flaws; on the other hand, they started from online stores to search for suspicious clues. After the police dug deeper layer by layer and compared information in detail, a criminal industry chain with network members scattered across different regions and intertwined with each other gradually became clear.
From March 27 to 28, under the unified command of the Ministry of Public Security, public security organs in 7 provinces and cities including Beijing, Fujian, and Jiangsu launched a cluster campaign, successfully cracking the first cross-provincial and municipal case of pirated industrial control software infringement in China. They destroyed 10 dens producing and selling pirated industrial control software in one fell swoop, arrested 16 criminal suspects including Weng and Gu, and seized more than 7,000 sets of pirated engineering control software of internationally renowned brands, with the total involved amount exceeding 500 million yuan.
Shocking Inside Story: Pirated Engineering Software is Common in the Industry
This is a typical high-IQ criminal activity. Major suspects such as Weng and Gu used their professional knowledge to crack engineering control software of internationally renowned companies. They purchased optical discs, encryption dongles, and other accessories from Guangdong and other places, entrusted illegal printing enterprises to produce packaging identical to genuine products in appearance, thus mass-producing and selling pirated software. They then collaborated with dealers in the gang to sell the pirated software as genuine products at low prices on the market to seek illegal profits.
"The criminal network in this case has involved links such as the production, supply, and sales of pirated engineering software. The criminals are young and professional, with hidden criminal methods, mainly selling on Taobao. The potential harm is huge, and a fixed industry chain has gradually formed," said Xu Qin, Deputy Captain of the Fourth Detachment of the Economic Investigation Corps of Shanghai Public Security Bureau.
Reporters learned that the main suspect Weng graduated from a prestigious university in Beijing, has a professional background in automation control, and once worked as a technical staff in an automation research institute in Beijing.
However, Weng, who was regarded as a technical elite by others, did not use his professional knowledge for technological innovation but took advantage of his position to take genuine engineering control software home to crack it. In 2009, after cracking the software, Weng registered an online store named "DuojinBao" with fake information to sell pirated software.
In the No. 1 Detention Center in Fuzhou, Weng, who spent three years cracking engineering control software, no longer had the complacency he once had.
The price of genuine engineering control software ranges from 50,000 to 110,000 yuan per set. However, reporters saw on the webpage of an online store that a hardcover full set of engineering control software was sold for only 2,100 yuan, with the words "Consumer Protection Agreement Signed" in the upper right corner of the webpage. With such a huge price gap, most buyers are technical personnel—could they not understand the market situation? Weng's answer shocked reporters.
Pirated software can implement some basic functions of genuine software, but not advanced functions. For example, it cannot send SMS alerts when a project malfunctions, nor can it realize web publishing and alarm functions. "Most software buyers want to save investment costs. The software requires long-term debugging after installation, and they value the technical support I provide more," Weng said.
Serious Hidden Dangers: Pirated Software Endangers Public Safety of Major Infrastructure
Although after the case occurred, relevant enterprises conducted self-inspections and removed the pirated software according to the case information notified by public security organs, the hidden dangers it posed to public safety still made reporters break out in a cold sweat.
According to the world-renowned multinational enterprise, such engineering control software mainly monitors operating equipment on the production site and alarms for dangerous situations, including data collection, equipment control, signal alarm, and analysis and statistics functions. It is widely used in infrastructure and various manufacturing enterprises.
However, it is difficult to ensure that pirated engineering control software is copied to carrier discs and used in actual operations in a "virus-free" safe environment. Once viruses carried by pirated software invade the computer monitoring system, the pirated software may cause the entire or partial system to crash in a very short time, making it impossible to effectively monitor, acquire, and store data. The monitoring system can hardly achieve the monitoring, alarm, and other functions of genuine software.
During the investigation of the case, the Shanghai police task force found that a steel plant had purchased pirated software. Fortunately, the pirated engineering control software was still in the debugging stage and had not been officially put into use.
"Using pirated software on steel furnaces is extremely dangerous. The responsiveness and stability of pirated software are far worse than genuine software. Excessively high or low steel furnace temperatures may cause serious consequences, posing a serious hidden danger to public safety," said Xu Qin, Deputy Captain of the Fourth Detachment of the Economic Investigation Corps of Shanghai Public Security Bureau.
Pirated engineering control software may render monitoring equipment ineffective and fail to provide alarms, bringing great safety hazards to the operation of infrastructure and possibly causing inestimable consequences to social public safety.
Cai, who has been criminal detained by Shanghai police, was once an employee of a private enterprise engaged in engineering projects in Shanghai. In the second half of 2012, he purchased such pirated engineering control software from the internet at a low price of 2,400 yuan and quoted it as genuine software in his unit. According to Detective Sun Qianren of the task force, since such pirated engineering control software is professional software for major engineering projects, it is mostly privately purchased by technical personnel without the enterprise's knowledge.
If major accidents are caused by the production and sale of pirated engineering control software, should the offenders be punished for the crime of infringing intellectual property rights or the crime of endangering public safety by dangerous means?
"According to the principle that the more serious crime absorbs the less serious one, they should be punished for the crime of endangering public safety. However, in terms of civil liability, they still need to bear compensation liability for infringing intellectual property rights," said Yang Ming, an associate professor engaged in intellectual property research at Peking University Law School.
At the same time, Xu Qin, Deputy Captain of the Fourth Detachment of the Economic Investigation Corps of Shanghai Public Security Bureau, reminded units undertaking major engineering projects to deeply recognize the serious harm of pirated engineering control software, strengthen self-discipline, improve unit rules and regulations, standardize software procurement channels, and prevent pirated engineering control software from entering major engineering projects openly. Public security organs will further increase the crackdown on such crimes, strengthen the protection of intellectual property rights, and safeguard the public safety of people's production and life.
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ABB Just Secured a Major Automation Contract
2025-12-03
News, December 1, 2025: Independent Power Producer ContourGlobal Selects ABB to Upgrade Solar Field Control Systems for Four Concentrated Solar Power (CSP) Plants in Southwest Spain
ABB's solution for the four plants includes a full set of integrated control and data management architecture, covering the Symphony Plus SCADA system, S+ Historian historical data management function, AC 800M control cabinets, and AC500 local solar field controllers. Advanced cybersecurity measures such as automated backups, certified patch management, and anti-virus protection will further enhance system integrity and compliance. The system migration is scheduled to be completed by February 2027.
The four power plants are located in the following areas:
Majadas, approximately 210 kilometers from Madrid; Orellana, approximately 300 kilometers from Madrid; and Palma del Río, approximately 90 kilometers from Seville (including Solar Field 1 and Solar Field 2).
The existing systems of these power plants have been in operation for over 10 years. After the upgrade, they will be migrated to the ABB Ability™ Symphony Plus SCADA system based on the ABB AC500 and AC 800M platforms. This solution features scalability and high performance, which will ensure the long-term stable operation of the power plants and enhance cybersecurity protection capabilities.
The solar tracking algorithm integrated into the ABB system calculates the sun’s position every 480 milliseconds with an accuracy of 0.0001 degrees. It can dynamically adjust the posture of a total of 7,400 mirrors across the four power plants in real time. While correcting influencing factors such as offset deviations, terrain inclinations, and weather changes, it maximizes energy conversion efficiency.
This solution provides a robust and flexible path for the modernization of ContourGlobal’s concentrated solar power (CSP) assets. It can be seamlessly integrated with existing third-party control systems and supports phased replacement, minimizing operational disruptions and ensuring the continuous, efficient, and reliable operation of the power plants.
Concentrated Solar Power (CSP) can provide dispatchable electricity, supplementing the grid integration of variable renewable energy. It is regarded as a key enabler for the transformation of Europe’s energy system. The European Union (EU) funds CSP-related research projects to develop more efficient cycle systems and components, and provides financial support for the first batch of demonstration power plants.
Unlike photovoltaic (PV) solar panels that generate electricity directly, CSP plants use mirror arrays to concentrate sunlight onto a receiver. The concentrated heat heats the working fluid to produce steam, which then drives turbines to generate electricity. This technology enables energy storage, allowing stable power supply even during periods without sunlight.
ABB is a globally leading enterprise in electrification and automation technologies. Headquartered in Zurich, Switzerland, it has a history of over 140 years and employs approximately 110,000 people worldwide. Its business scope is extensive, covering multiple fields such as electrification, automation, motion control, robotics and discrete automation, and process automation. It offers a rich range of products, including various controllers, robots, electrical equipment, and related software, which are widely used in numerous industries like energy, chemicals, power, manufacturing, and transportation.
Per Erik Holsten, President of ABB's Energy Industries Division, stated: "To build a safe and sustainable energy system to meet the growing demand, the modernization of automation assets is equally important as new construction projects. Leveraging ABB's expertise in automation, electrification, and digitalization, we help operators such as ContourGlobal extend the lifespan of their facilities, improve operational efficiency, and deliver stable renewable energy to the power grid."
This initiative will help integrate renewable energy into national power grids safely and efficiently, providing support for Europe's energy transition. It is not only a typical practice for the upgrading of existing energy assets but also offers a replicable technical path and cooperation model for the development of renewable energy in Europe and even globally. Upon the completion of the upgrade project in 2027, these four concentrated solar power (CSP) plants will integrate into Europe's energy network with higher efficiency and better safety, becoming a key force in advancing the achievement of "dual carbon" goals. With its profound accumulation in the fields of automation and energy, ABB will also continue to inject technological momentum into the global energy transition, contributing to the building of a cleaner and more sustainable energy future.
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At the 2025 Shanghai Industry Fair, the "three generations of Mitsubishi's legacy PLCs" are gathered at the booth of Mit
2025-11-26
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Lead:
Legacy PLCs Gather at Mitsubishi Automation's Booth – Have You Used Any of These Products?
Mitsubishi Booth
MELSEC F1 Series
MELSEC F2 Series
MELSEC FX2N Series
MELSEC FX2 Series
MELSEC-Ans Series
MELSEC QnU Series
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