Compal Electronics and its networking device-making subsidiary Arcadyan Technology are both expanding their factory sites in Vietnam where COVID-19 infections are resurging, and they have claimed no impact thus far from the local pandemic.
Luxshare Precision Industry and Goertek, reportedly assemblers for the new-generation AirPods, have seen their factory sites in Vietnam affected by a resurgence of the COVID-19 outbreak locally and will have to fulfill orders for Apple's upcoming TWS earbuds at their plants in China, according to industry sources.
In 2020, the overall tech industry in Vietnam generated over US$ 120 billion in total sales revenues. As the tech industry grows, the job openings soared to a record one million, mainly from 58,000 companies, including the big corporations, such as Samsung, Foxconn, Intel, Panasonic, and fast-growing local tech firms, like Viettel, FPT, VNPT, and VinGroup.
Taiwan-based LED epitaxial wafer and chip maker Epistar and China-based fellow maker Sanan Optoelectronics are expected to become two additional suppliers of mini/microLED chips for Samsung Electronics, with shipments to begin in the second half of 2021, according to industry sources.
Delta Electronics (Thailand), the subsidiary of Taiwan-based Delta Electronics, has become the regional business headquarters and manufacturing center in India and Southeast Asia for its parent company.
Factories in Vietnam's industrial zones, export processing zones and high tech parks are suffering from the worsening COVID-19, as workers are being quarantined to prevent further spreading of the pandemic, according to a report by Vietnam Investment Review (VIR).
The first panel talk at Asia Venturing online forum, held on July 16, 2021 by DIGITIMES and Anchor Taiwan, featured the vice pesident and general manager of Business Solutions Group at Qisda Corporation Michael Lee; partner of Japan's MS&AD Ventures Tiffine Wang; and Kickstart Ventures president Minette Navarrette and Kickstart Ventures VP for investments Joan Yao. They spoke about investing in foreign startups, discovering opportunities for the parent company and pumping momentum for young companies to grow and innovate.
Of Europe-based enterprises operating in ASEAN, 60% think Vietnam offers the best opportunities for them to increase investment and expand operation in the region, according to a survey by Standard Chartered Bank.
A resurgence of the COVID-19 in Thailand, coupled with shortages of certain chips and components, may disrupt shipments of hard disc drives (HDD) in the second half of 2021 despite the period being a peak season for the consumer electronics market, according to industry sources.
Sales of gaming laptops in Vietnam grew 217% on year in the first five months of 2021, while revenue of gaming notebooks represents 20% of Vietnam's total notebook revenue during the period, according to Vietnam's local news outlet Ictnews, citing a Gfk report
Founded in 1989 and headquartered in Bangkok, Cal Comp Electronics (Thailand) is a subsidiary of Taiwan's New Kinpo Group. The electronics manufacturer went public in Thailand in 2001 and issued Taiwan Depository Receipt two years later.