AI speech recognition algorithm companies in China are crossing into the development of AI chips to further solidify their foothold in the market. Doing so will give the companies the ability to optimize algorithm and chip integration.
The Indian government might have a new subsidy for manufacturing wearable devices locally, while handset exports soared in the second quarter. Optiemus is working with Taiwan-based Wistron to produce electronics more extensively.
Kang Yong Electric (KYE) was established by Sitthiphol Phodhivorakhun and Japan-based Mitsubishi Electric in 1964 in Thailand. It manufactures refrigerators, fans, washing machines, ventilation fans, electric pots, and water pumps for Mitsubishi.
India unicorn EV startup Ola Electric is building the world's largest factory for e-scooters in India, whereas foreign EV carmakers like Tesla are still in negotiations with the Indian government to enter the India market, according to Economic Times and Cartloq.
A new wave of COVID infections has disrupted Vietnam's supply chain since July, particularly in the southern provinces. Delays in production and delivery are the biggest concerns, according to industry analysts, as suppliers run short of raw materials and workers. Clients from overseas might switch to different suppliers if their existing ones in Vietnam cannot fulfill orders on time.
Semiconductor production cost is set to rise further, as the world's number pure-play foundry, TSMC, has notified clients that its quotes will rise 10-20% starting next year. Silicon wafer supplier GlobalWafers has reported clear order visibility till year end 2022. In the display sector, China-based panel maker CSOT has started moving in equipment at a module plant in India.
Luxshare Precision Industry and Goertek, both being assemblers for Apple's AirPods, have recently restored shipments from their plants in Vietnam after suspending production there in the second quarter amid a resurgence of COVID infections, according to industry sources.
China Star Optoelectronics Technology (CSOT), a display panel maker belonging to the China-based TCL Group, recently held a ceremony for starting the installation of production equipment at its panel module factory in Tirupati, southeastern India, according to industry sources.
SNC Former was established in 1994 in Thailand and registered with THB1 million (US$30,356) in capital. The air-conditioner, home appliance and car component manufacturer sells to brand-name vendors. Its manufacturing facilities in the Samut Prakan and Rayong provinces in central Thailand allows the company to transport its products to clients fast and easy.