Smith+Nephew, the global medical technology company, today opened its new high-technology manufacturing facility in Batu Kawan Industrial Park in Penang, Malaysia.
Car parts supplier Daiichi Kasei Co (IKKA) has announced that it is acquiring Japan-based tier-2 automotive supplier Sol-Plus and its subsidiaries in Japan and Thailand with cash and stock swaps. The acquisition will complement IKKA's presence in the global EV supply chain.
Manufacturers are advised to boost their "cyber resilience" besides cyber defense, while semiconductor makers are bracing for potential nation-state-operated cyberattacks and insider attacks, said Eddie Stefanescu, general manager of Claroty's Asia Pacific and Japan business. The Israel-born company is to open a new office in South Korea in July.
Compal Electronics will pay another visit to Vietnam in July to seek a place to build its new factory as clients are turning keener toward relocating production sites beyond China, according to company president Martin Wong.
Taiwan-based server ODM Wiwynn has broken ground on the second phase of its new site in Johor, Malaysia. The focus of the new facility is to expand its server motherboard production line.
Foxconn chairman Young Liu has met up with Indonesian president Joko Widodo to discuss its investment projects in Indonesia, including making EV battery and building smart city infrastructures, according to multiple media sources and Foxconn's official statement.
Tech startups are reportedly laying off workers as global economic uncertainties loom. Meanwhile Malaysia is seeking more investment to upgrade its semiconductor prodution and Thailand has seen car production fall sharply this year due to persistent chip crunch.
Indonesia's Ministry of Communication and Information (Kominfo) said it has granted the anchoring rights of Starlink's satellite exclusively to local telecommunication operator Telkom Satelit Indonesia (Telkomsat), according to Voice of Indonesia.
Indonesia-based Blue Bird Holding Group has been partnering with international airports in Indonesia to provide electric mobility services, according to the group's press releases.
GlobalFoundries has kicked off equipment move-in at the foundry's new facility on its Singapore campus, with the first tool - a market-leading etch tool made by Lam Research - moved into the facility cleanroom, according to the company.
Indonesia's smartphone market declined quite significantly in the first quarter of this year due to high inflation and a short supply of low-end smartphones, according to IDC Research.
TF AMD Microelectronics (Penang), a joint venture between AMD and China-based TFME, will expand its capacity in Penang, Malaysia with the construction set to be completed in the first quarter of 2023 with an investment of MYR2 billion (US$480 million), according to a media report.
