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Friday 22 October 2021
How PCB makers can succeed in Southeast Asia, according to Apex CEO Chou Jui-Hsiang
It has been nearly three years since the US-China trade war pushed the electronics supply chain toward Southeast Asia. In addition to the movement of large assembly and installation manufacturers to Southeast Asia, whether or not other component manufacturers would follow has also been a top of discussion.
LATEST STORIES
Thursday 21 October 2021
Indonesian and Singaporean startups most popular in SE Asia in 1H21
The number of deals in Southeast Asia tech startup scene in the first half of this year hit a record high, according to Cento Ventures, a Singaporean venture capital.
Wednesday 20 October 2021
Asia Venturing: Can Asia see the unicorn boom?
In a world where "money is cheap," unicorns, the companies with a valuation of more than $1 billion, are born in an accelerated mode during the COVID-19 pandemic era.
Wednesday 20 October 2021
Manufacturers in Vietnam striving to resume normal operations
Since reopening in early October, export-processing zones and industrial parks in Ho Chi Minh City, Vietnam have restored production capacity to nearly 70%, while Saigon Hi-Tech Park is also running at 75% capacity, according to media reports.
Wednesday 20 October 2021
Samsung, foreign investors confidence in Vietnam remains high
General director of Samsung Vietnam Choi Joo Ho has confirmed that the company will spend the new investment budget approved each year, and has requested an annual increase of US$100 million to upgrade the group's production lines in its six Vietnam factories, according to a media report.
Tuesday 19 October 2021
Quanta to open new plant in Thailand in 2022
Quanta Computer will open its new plant for server production in Thailand in early 2022, according to industry sources.
Monday 18 October 2021
Southeast Asia roundup: Samsung, Intel to restore full production in Vietnam in November
Children in the US and Europe are going to miss a pair of NIKE shoes for Christmas this year as manufacturing activities in Vietnam are lagging due to COVID. Consumer electronics are seeing tight supply as well. Demand for gaming devices soars in Thailand.
Monday 18 October 2021
COVID fears send 1.3 million workers fleeing Ho Chi Minh City in 3Q21
The pandemic has caused Vietnamese workers to flee the city of Ho Chi Minh. About 1.3 million people left for their hometown in the third quarter due to the pandemic, according to an official report released by General Statistics Office of Vietnam.
Friday 15 October 2021
Will foundry expansions lead to capacity glut?
Many IDMs and pure-play foundries, including second-tier ones, are all poised to expand their fab capacities sparking concerns that the arrival of the additional capacities could result in a glut of processed wafers.
Friday 15 October 2021
Vietnam-based unicorn VNG in no hurry for IPO
VNG, the first Vietnam-based unicorn that operates mobile communication App, online games, e-commerce, and cloud computing services, in 2017 signed an MoU with Nasdaq but has not yet applied for listing, this is because there is actually no rush for the company to undertake an IPO.
Thursday 14 October 2021
Top investment opportunities in Asia: Q&A with Christine Tsai CEO and founding partner at 500 Global
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from other venture capital firms in the Silicon Valley which were predominantly focused on the US market. She built a diversified portfolio in different industries and invests in founders across geographies and ethnic backgrounds and in emerging countries.
Thursday 14 October 2021
ASC 100: Thailand's CTW produces cables and OEM products
Established in Bangkok, Thailand in 1967, Charoong Thai Wire & Cable (CTW) is the largest telecommunication cable manufacturer in Thailand and a subsidiary of Pacific Electric Wire and Cable.
Thursday 14 October 2021
ASC 100: Thailand's Fine Metal sees 2Q21 revenue soar 127%
Established in Bangkok in 1988, Fine Metal Technologies was formerly known as Furukawa Metal (Thailand) and went public in Thailand in 1996. Fine Metal Technologies produces and sells copper tubes used in refrigerators, freezers, and air conditioners.
Wednesday 13 October 2021
UnaBiz raises over US$25 million in Series B round
UnaBiz, a Singapore-based Internet of Things (IoT) service provider, has raised over US$25 million in its Series B funding round led by SPARX Group. The round was oversubscribed, with participation from CDIB, G K Goh and Thaioil, according to the UnaBiz.
Wednesday 13 October 2021
Gaming in Thailand raked in US$1 billion in 2020
Thailand's gaming industry raked in more than US$1 billion in revenue last year amid COVID-19, according to Thailand Business News citing data from NewZoo, with the number of gamers increasing to 32 million in the country.
Wednesday 13 October 2021
Catcher in talks for cooperation in healthcare sector
Taiwan-based metal chassis maker Catcher Technology is reportedly in talks with Malaysia-based medical equipment suppliers for cooperation, and may choose Malaysia as its regional factory site for healthcare applications.