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Monday 4 October 2021
Southeast Asia roundup: LGES and Hyundai to produce EV batteries in Indonesia
After being hit hard by the resurgence of COVID this year, Vietnam is gradually resuming manufacturing and social activities. Other countries in the region are expecting higher smartphone...
Monday 4 October 2021
SPACs drive M&A deals in Asia, says UBS
Mergers and acquisitions (M&A) in Asian countries (excluding Japan) during the first half of 2021 reached the second highest in history with a 69.6% year-on-year increase in value...
Wednesday 29 September 2021
Indonesia sees smartphones sales rise over 20% in 2Q21
Smartphone sales in Indonesia increased 28% on year and 22% on quarter in the second quarter of 2021, driven by the launches of new products and promotions, Counterpoint Research's...
Monday 27 September 2021
Southeast Asia roundup: Xiaomi top smartphone brand in Indonesia in 2Q21
Smartphone sales were strong in Indonesia in second-quarter 2021, with Xiaomi being the top selling brand. while Apple fans in Thailand will receive their new iPhones earlier than...
Thursday 16 September 2021
Batam to open two special economic zones for tech and digital economy
Indonesia is opening two special economic zones in Batam, focusing on developing high-tech, digital economy, data center, logistics, tourism, and aviation industries.
Wednesday 15 September 2021
Asia Venturing III: Advice for startups and SMEs on enabling innovations in traditional industries
The ever-changing business environment has urged companies to always stay agile to prepare for the unexpected. Innovation, then, becomes the main factor for companies in different...
Monday 13 September 2021
Southeast Asia roundup: Samsung, Toyota continue to be affected by Delta
COVID remains in effect to forcibly diminish production of car parts and electronics. Realme remains the most popular smartphone brand in the Philippines. Indonesia is opening two...
Monday 6 September 2021
Global hiring can be pain-free: Q&A with Slasify CEO Carlos Wang and SparkLabs Taipei managing partner Edgar Chiu
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...
Friday 3 September 2021
Lithium price soars as demand outgrows supply
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...
Friday 20 August 2021
Global light vehicle production impacts now expected well into 2022
Unlike foundries' capacity constraints impacting mainly automotive MCUs, assembly capacity constraints impact all semiconductor types including sensors, power supplies, and discretes,...
Tuesday 17 August 2021
IT industry outlook (2): The roles and plans of EMS firms in Asia
In addition to the rise of Chinese manufacturers in recent years, there are some EMS firms from countries in ASEAN. The amount of international news coverage on their business practices...
Monday 16 August 2021
IT industry outlook (1): Competitors of Taiwanese firms working in ASEAN and India
Since Taiwan launched its New Southbound Policy, Taiwanese enterprises seem to be working all on their own when investing in Southeast Asia and India. But who are their competitors?...
Friday 13 August 2021
AppWorks raises US$150 million
AppWorks has announced the oversubscribed final close of its Fund III, raising US$150 million. AppWorks said the new fund brings its total assets under management (AUM) to US$212...
Monday 9 August 2021
Southeast Asia roundup: Apple strengthens Vietnam supply chain; COVID disrupts production
Apple is seeking to hiring more managers to accelerate the development of its supply chain in Vietnam. Meanwhile, the wosrening COVID pandemic in Southeast Asia is disrupting local...
Wednesday 28 July 2021
Public cloud service business booming in Southeast Asia
Public cloud service providers, including Amazon Wireless Services (AWS), Azure, Alibaba Cloud (Aliyun) and Google Cloud, have enhanced their deployments in Southeast Asia, expecting...