VinFast, a Vietnamese automaker often referred to as the "Tesla of Vietnam," reported sales of 11,000 units in October, securing its position as Vietnam's leading electric vehicle (EV) brand. Concurrently, Nhật Vượng Phạm, chairman of parent company Vingroup and Vietnam's wealthiest individual, pledged additional personal investments to bolster the company

LG Display (LGD) will invest an additional US$1 billion in Vietnam over the next five years to strengthen operations at its Haiphong OLED module factory, marking a significant step in its transition from LCD to OLED technology

Taiwan-based chip resistor maker Ta-I Technology currently maintains a capacity utilization rate of 70-80%, with prices remaining stable thanks to a more balanced supply and demand

Taiwan-based plastic molding and design provider Syncmold Enterprise approved a US$15 million increase in investment at its Thailand facility on November 8, bringing the total investment to US$20 million. This strategic move aims to position the company for an anticipated industry recovery in 2025

During a visit to India, a senior Singapore government official confirmed ongoing discussions with India's Tata Group regarding semiconductor development cooperation. This initiative aligns with India's broader strategy to forge international partnerships to strengthen its semiconductor ecosystem

Donald Trump's return to the White House promises a lot of political and economic uncertainties. The AI server supply chain believes that while the Trump administration will continue to steer the US policy towards its established course, they are bracing for more trade restrictions that may force them to adjust their global deployments

Taiwan-based CWTC's board has approved several key resolutions, including the third-quarter 2024 profit distribution plan and a US$20 million cash capital increase for its Malaysian subsidiary, aimed at supporting production capacity expansion

Donald Trump's victory in the US presidential election has raised concerns about potential new tariffs and their impact on Southeast Asia's "China +1" strategy. Countries in the region may need new approaches to mitigate risks and reduce reliance on foreign investment

LG Electronics has expanded the scope of its R&D base in Vietnam for the second time. Having committed to establishing a comprehensive business system in Southeast Asia, their R&D expansion efforts include the active recruitment and training of local talent

Formula 1 has long been the arena for world-renowned racing teams and drivers. Now, with the rise of AI and cutting-edge technologies, it has also become a major battleground for tech giants like Lenovo, racing to lead in AI-powered solutions

Server chassis manufacturer Chenbro Micom has initiated its manufacturing base diversification with a land-signing ceremony for its new factory in Malaysia on October 30

The Indonesian Ministry of Industry said that Apple's iPhone 16 series could not be sold due to non-compliance with the domestic component level certificate (TKDN) requirements

China-based Contemporary Amperex Technology (CATL) and BYD are making significant investments in Indonesia as the country seeks to establish itself in the electric vehicle (EV) industry

The Philippines is trying to enlist Taiwanese chip giants in an effort to expand in semiconductors, a bid to catch up with its neighbors who are emerging as significant suppliers in the industry

As the global energy transition accelerates, Taiwan's ATE Energy is rapidly expanding its renewable energy and marine engineering operations, with significant progress on two thermal power plants in the Philippines. The company is also poised to secure contracts for large-scale energy storage systems at these facilities