News


The 10 million club

August 2008 News

Varispeed’s market-leading variable speed drive manufacturer, Yaskawa Electric Corporation, marked the production of its 10 millionth inverter. The milestone unit was an inverter of the new V1000 generation. The Yaskawa inverter business has been growing steadily in the past decades, a development which was recently enhanced by the global economic situation. The new V1000 inverter generation introduced earlier this year, contributed to revitalising the business. According to Yaskawa Electric Corporation, the company’s present global market share amounts to over 14%.

In the past five years, the company’s sales volume has gained considerable momentum. It had taken 19 years – from 1974 to 93 – to cross the one million mark in inverter production. In the '90s, production facilities in the USA, Europe and China enhanced production, with Yaskawa steadily raising its output to reach the first five million in 2001. In only five years – from 2002 to 2007 – the figures soared by another five million to hit the 10 million mark.

The international production sites in the USA, Europe and China form part of the Yaskawa strategy to globalise corporate activities, increase production capacities, and establish local links to the markets. With the inauguration of Drive Centre’, the new 12 000 m² inverter production plant at the company’s site in Yukuhashi, Japan, the corporate production effort is further enhanced globally. Offering the potential for another 50% increase, the production start-up in Yukuhashi has created a solid foundation for achieving market leadership in the inverter industry.

In 1974, Yaskawa set a benchmark in the inverter industry with the introduction of the first transistor inverter drives. The new inverter generation V1000, launched in February 2007, is the latest in a series of benchmark products introduced since then. The performance characteristics of the new inverter family will open up additional opportunities in a competitive market.



Credit(s)



Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

RS South Africa shapes future engineering talent
RS South Africa News
RS South Africa is demonstrating that nurturing future engineers goes beyond traditional classrooms or competitions. On STEM Day, the company shone a light on the full spectrum of its educational initiatives.

Read more...
ABB and Compu-Power bring high-efficiency UPS innovation to IS3 X-Change 2025
News
ABB recently participated in the 31st annual IS3X-Change 2025 in Cape Town, alongside its long-standing channel partner Compu-Power.

Read more...
UKZN’s SMART lab wins aviation award
News
: The SMART Lab at UKZN was awarded first place in the Aviation Research and Development category at the Civil Aviation Authority of South Africa’s award ceremony for outstanding contributions and achievements in the aviation sector.

Read more...
Meta and partners announce completion of 2Africa subsea cable system
News
Meta, in partnership with leading global and regional telecommunications companies, has announced the completion and activation of the core 2Africa subsea cable system. This marks a historic milestone in digital infrastructure, establishing what the world’s longest open-access subsea cable system.

Read more...
RS South Africa retains Level 2 B-BBEE status
RS South Africa News
RS South Africa has once again achieved Level 2 B-BBEE verification.

Read more...
SEW-EURODRIVE unveils world class facility in Gqeberha
News
In a landmark event in the Eastern Cape attended by key customers and industry leaders, SEW-EURODRIVE officially opened its expanded state-of-the-art facility in Gqeberha, marking a major milestone in its strategy to strengthen regional support and deepen its footprint in the region.

Read more...
Africa’s brightest young battery innovators
Schneider Electric South Africa News
Schneider Electric and Enactus, the international NGO dedicated to inspiring students through entrepreneurial action, have announced the winners of the 2025 Energy Transition Battery Innovation Challenge, funded by the Schneider Electric Foundation. It empowers young innovators to design battery solutions addressing the region’s most pressing energy challenges.

Read more...
Africa’s strategic role in powering the global clean energy future
News
The 2026 Africa Energy Indaba is to spotlight Africa’s mineral wealth, industrialisation potential and the urgent need for sustainable value chain development.

Read more...
The road to the Indaba
News
The Africa Automation Indaba 2026 is set to become a landmark gathering for Africa’s automation, process control and manufacturing community. SA Instrumentation and Control will be running a dedicated editorial series spotlighting the voices, ideas and debates shaping Africa’s industrial future.

Read more...
Crash reconstruction tests advance vehicle safety research
News
The University of KwaZulu-Natal’s Scientific Multidisciplinary Advanced Research Technologies (SMART) Lab recently participated in a series of collaborative crash reconstruction tests held at the Toyota Test Track.

Read more...









While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd | All Rights Reserved