Optical device maker EZconn is seeing strong revenue and gross profit growth in the first quarter of 2024, thanks to the robust demand from broadband infrastructure construction in the US and bandwidth demand boosted by artificial intelligence (AI).
Recently, a Meta executive for the South and Southeast Asia region stated that Vietnam has the potential to become one of the hubs for the AI industry due to the country's open policies and entrepreneurial spirit.
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.
