According to Luxshare's latest plan, the Apple supplier plans to invest US$150 million in Nghe An, Vietnam, to establish production facilities for Apple Watch and Huawei watches
The US Department of Commerce (DOC) decided on October 1, 2024, to impose countervailing duties (CVD) on solar panels imported from four Southeast Asian (SEA) countries: Cambodia, Malaysia, Thailand, and Vietnam. These nations accounted for 80% of US solar energy product imports in 2023, with many involved companies being China-funded
Intel has announced plans to include more Vietnamese companies in its ecosystem and provide the Vietnamese government with additional industry-related advice
Micro Electricity, an energy services provider, has announced a partnership with Vietnam's Saigon Telecommunications (Saigontel) to jointly develop a 300 MW solar power park and a green energy trading platform for industrial zones in southern Vietnam
The ASEAN market, spanning multiple countries, has become a fiercely competitive battleground for numerous automotive and new energy vehicle (NEV) brands. In this landscape, BYD has continued to stand out, which can be attributed to its successful deep integration with local businesses
Vietnam, as Samsung Electronics' largest smartphone production base, has seen the company invest over KRW30 trillion (US$22.37 billion) locally over the past 17 years, earning the title of "national enterprise of Vietnam." However, concerns have emerged as Samsung lost its leading position in the Vietnamese smartphone market to Chinese competitors in the second quarter, prompting claims of "Vietnam betraying Samsung.
Dutch semiconductor equipment supplier NTS has officially opened its new assembly and manufacturing facility in Singapore. Serving as a strategic hub for the Asian market, the facility will provide customers in the region with complex mechanical and mechatronic (cleanroom) assemblies
Thailand is set to make a significant stride in the semiconductor industry with the establishment of its first silicon carbide (SiC) wafer factory, which is expected to begin operation in 2027
On September 20, 2024, Advantech announced the expansion of its operations in Singapore. The move aims to strengthen the company's position in the region's semiconductor and high-tech sectors while fostering local talent development
Vietnam has unveiled its semiconductor roadmap for 2025-2050, aiming to establish three fabs, 20 integrated circuit (IC) backend houses, and 300 IC design houses as part of its goal to build a self-reliant semiconductor ecosystem
Samsung Display Vietnam (SDV) has announced plans to expand its production facility in Bắc Ninh Province, Vietnam, with an investment of up to US$1.8 billion in Yên Phong Industrial Park. The expansion will focus on producing OLED displays and electronic components, reinforcing Vietnam's position as a vital hub in Samsung's global supply chain
Chinese semiconductor firms are rapidly expanding into Southeast Asia, with ASEAN countries emerging as key partners in their international push. Despite hurdles in developing their own chip industries—Singapore's limited scale, Malaysia's talent gap, and Vietnam's underdeveloped infrastructure—China's capital, technology, and expertise offer significant spillover benefits in the region
Malaysia's goal of boosting investments in its growing technology exports sector is unlikely to be affected by the results of the US election, according to Trade and Industry Minister Zafrul Aziz
