Thailand's Ministry of Energy has announced that it will freeze electricity prices at THB4.18 (approximately US$0.12 ) per unit until the end of 2024. This decision aims to alleviate financial pressure on businesses and consumers amid a challenging economic environment
US-based semiconductor solutions provider Qorvo has partnered with electronic design automation software and engineering services supplier Cadence Design Systems to help Vietnam boost the talent training efforts of the local semiconductor industry
Chinese electric vehicle (EV) maker BYD is rapidly expanding its presence in Southeast Asia. The company plans to establish new assembly plants in Cambodia and Indonesia to complement its existing facility in Rayong, Thailand. BYD is also growing its dealership network and introducing more competitively priced models in the region
A recent survey reveals that Malaysia's electrical, electronics, and semiconductor sectors are optimistic about the market in the third quarter of 2024, and are actively recruiting talent
Following the Acer-Indkal Technologies partnership in the smartphone market, Acer CEO Jason Chen clarified that Acer is not re-entering the smartphone market
Singapore Telecommunications Limited (Singtel) and SK Telecom (SKT) have signed a Memorandum of Understanding (MoU) to collaborate over the next two years on developing next-generation networks, including 6G. This partnership is expected to enhance network performance and security, improve customer experience, and drive innovation in the telecommunications industry
Belgian-based microelectronics solutions provider Melexis has inaugurated its new factory in Kuching, Sarawak, Malaysia. This facility, now Melexis' largest wafer testing plant, represents an investment of approximately EUR 70 million ($76 million)
Hoping to get the 140,000 talents needed for industrial development by 2030, Taiwan's Chip-based Industrial Innovation (CbI) Program is actively attracting international students from Southeast Asia and Central/Eastern Europe to come for internships in Taiwan.
VinFast, a Vietnam-based EV maker rapidly expanding its global presence, announced a delay in its operation for its manufacturing facility in North America, according to an official statement
Chinese PCB manufacturers are fueling an investment boom in Southeast Asia, particularly in Thailand, as they adapt to shifting global trade dynamics and seek demand beyond their domestic market. Industry sources report that at least seven of China's top 10 PCB manufacturers have established production facilities in Thailand
Vietnam is drafting an Investment Support Fund to attract more foreign investment. However, Intel has expressed dissatisfaction with the administrative processes, calling for the Vietnamese government to simplify and streamline the process
Amidst the surge in demand for data centers, Singapore unveiled its Green Data Center Roadmap in May to promote sustainable practices in the industry. This ambitious plan aims to increase data center capacity by 300 megawatts (MW) in the near term while enhancing energy efficiency and reducing environmental impact
Honda Motor Co. will consolidate its two car plants in Thailand by 2025 to deal with overcapacity and focus resources on electrification as battery electric vehicles gain popularity in the Southeast Asian nation with Chinese automakers entering the market
