Sony inaugurated an expanded facility in central Thailand, which will make automotive CMOS image sensors (CIS), OLED display components for digital cameras, and laser diodes for high-capacity hard disks.
As India embarks on semiconductor ecosystem building by approving chipmaking proposals in late February, analysts expressed their concerns over the infrastructure challenges, particularly in electricity.
With the global supply chain going regional, emerging countries in Southeast Asia and South Asia are rising to the fore. In a keynote speech at the Indo-Pacific Industry Strategy Forum hosted by Mt. Dadu Industrial Innovation Foundation, MIH Consortium CEO Jack Cheng told the audience that Taiwanese companies need to unite efforts from fellow Taiwanese partners and local partners in Southeast Asia and South Asia to compete with China.
After experiencing inventory adjustments and a downturn in demand in the semiconductor market from the second half of 2022 to the end of 2023, Fang Leuh, the Chairman of Vanguard International Semiconductor Corp., stated on the 22nd that there would be no problem achieving performance targets for the first quarter of 2024. With inventory adjustments in the smartphone, PC, automotive, and industrial markets ending and demand rebounding, Vanguard International's operations will gradually warm up from the second quarter onwards, presenting a moderate recovery trend, with a slight growth expected for 2024 compared to 2023.
Geopolitical tensions have led to the rise of Vietnam as a manufacturing hub, yet production there has often been hampered by power grid instabilities and labor shortages.
With liquid cooling solutions becoming hot ticket items of late, thermal solution manufacturer Auras Technology has stepped up the expansion of its facilities in Thailand, producing Coolant Distribution Units (CDU), manifolds, and pumps locally to meet clients' demand for production diversification.
In the face of an impending climate crisis, the global carbon compliance and voluntary credit market are projected to soar to unprecedented heights, reaching a staggering US$2.68 trillion by 2028, with a compounded annual growth rate (CAGR) of 18.2%. At the forefront of this transformative shift stands FiO, a US-SG-based Web 3.0 startup poised to offer a fresh perspective on the carbon credit market.
Japan-based Toppan announced a plan to build a plant in Singapore for producing FC-BGA substrates used in chip packaging, with operations expected to begin by the end of 2026. If necessary, the plant will receive further support from Broadcom, whose headquarters is in Singapore.
US Commerce Secretary Raimondo recently announced a US$1 billion investment into the solar, EV, telecom, and digitalization sectors of the Philippines during her visit to the country.
US-based pure-play foundry GlobalFoundries is said to be in the midst of personnel restructuring, with speculation suggesting a relocation of certain job roles from Singapore and Taiwan to India. However, the company has not officially confirmed these rumors.