Singapore is phasing out all ICE cars by 2040. In order to complement such measures, the government plans to build a total of 60,000 charging points by 2030 in both public and private carparks, according to the official website of the Singapore government's Green Plan.
Hiring employees from many different countries can be a long process of legal and accounting counseling and can keep businesses from accessing foreign markets sound and fast. Singapore-based HR tech startup Slasify offers solutions to legal compliance and payroll transfers. In an interview with DIGITIMES, Slasify CEO Carlos Wang and SparkLabs Taipei managing partner Edgar Chiu are sharing what they see in the HR tech industry.
Vietnam saw a large increase in its exports of mobile devices and related components in July and higher foreign investment from South Korea-based electronics vendors, while Oppo made its way to the top in Thailand in second-quarter 2021. Malaysia's semiconductor manufacturing industry is operating at lower capacity due to COVID.
Vietnam recorded a total export value of US$4.72 billion for mobile devices and related components in July 2021, increasing 43.4% on month and 10.3% on year, according to General Department of Vietnam Customs.
Vietnam-based electric vehicle (EV) maker VinFast has been in strategic cooperation with Taiwan-based lithium ceramic battery (LCB) maker ProLogium Technology specifically for supply of EV-use solid-state LCBs, according to vice president Thuy Le for Vingroup which is the parent company of VinFast.
In view of the high growth in demand for TVs in India, India Cellular and Electronics Association (ICEA) recommends that the India government set up local TV supply chains. As it is not easy to set up a local TV panel supply chain competitive in production cost in India, the transfer of panel technologies from overseas panel makers could be a feasible strategy.
In light of the rising demand for electric vehicles (EV), car chips, and lithium batteries, Chinese lithium mining companies, and battery suppliers are ramping up investment and expanding production capacity. As shipments of new energy vehicles increase, prices of raw materials for lithium batteries are also on the rise.
Indian car parts and electrical equipment manufacturer Bharat Forge is going to manufacture e-scooters and EV components through its subsidiary Tork Motors. The e-scooters are scheduled for launch by April 2022.
Xiaomi has set up its electric vehicle (EV) business and completed company registration in China on September 1 with a registered capital of CNY10 billion (US$1.55 billion).
Apple is rumored to be visiting Asian suppliers and carmakers to prepare for the mass production of "Apple Car" by 2024. While details of the rumored visits remain unknown, battery supply could be a major focus.
India car buyers are seeing car price surge in the third and fourth quarter as carmakers pass rising manufacturing costs onto consumers. India's top local passenger car brand Maruti Suziki pointed out that rising prices of industrial metals, maritime traffic jam, and disrupted supply of chips from Malaysia are the reasons behind price hike.
Overall vapor chamber (VC) demand for handsets has been a disappointment thus far this year, according to Junichi Nagai, chairman for cooling module firm Nidec Chaun-Choung Technology (CCI), who expects demand to pick up driven by the upcoming roll-outs of new 5G models.
Tesla's project to build an energy storage facility in Hokkaido could spark an energy revolution in Japan, where development of green energy is lagging as the government scratches its head for a way to reduce carbon emissions without burdening local enterprises.
Mobile payment services are more commonly used in Asian countries than in other regions in the world. According to Statista's digital market outlook report, China has the highest percentage of mobile payment users in its total population - about 500 million users.
