231 news items tagged Southeast Asia
Fire strikes Walsin MLCC plant in China
Thursday 14 January 2021A fire broke out at Taiwanese passive component maker Walsin Technology's factory site in Dongguan, China on January 13, but the company estimates no material impact from the accid...
Arcadyan to double capex in 2021 to boost production in Vietnam
Monday 11 January 2021Networking device maker Arcadyan Technology expects to double its capex this year to boost substantially production at its factory site in Vietnam.
Vietnam offers low labor cost
Wednesday 6 January 2021Vietnam is one of three ASEAN countries with the lowest labor costs, based on the current minimum wage of US$132~190 per month, according to Viet Dragon Securities Company (VDSC).
Pegatron acquires land for new plant in Vietnam
Tuesday 5 January 2021Pegatron has bought a piece of land in Vietnam for about VND528.92 billion (US$22.9 million) to build a new plant, which will be ready for production later in 2021, according to industry...
Over half of foreign firms in Vietnam report losses in 2019
Tuesday 5 January 2021Almost 55% of foreign-invested enterprises in Vietnam posted losses totaling VND131.4 trillion (US$5.7 billion) in 2019, according to information released by the country's Ministry...
Vietnam aspires to become industrialized country in 10 years
Thursday 31 December 2020Vietnam is looking to become an industrialized country in the next 10 years, after failing to achieve it in 2020 as it had previously vowed.
Top-50 Vietnam brands see value rise 28% in 2020
Wednesday 30 December 2020Total value of Vietnam's top-50 most valuable brands has gone up 28% this year, growing from US$18.8 billion in 2019 to US$26.1 billion in 2020, according to Brand Finance.
81 million jobs lost in Asia-Pacific amid COVID-19, says ILO
Thursday 24 December 2020The coronavirus pandemic has taken a heavy toll on the job market in the Asia-Pacific region, with an estimated 81 million jobs lost in 2020, according to a new report from the Intenational...
Understanding what customers really need: Q&A with AImazing founder Jun Ting
Thursday 24 December 2020AImazing, founded in 2015, was groomed by Taiwan-based accelerator AppWorks. AImazing, which set up its headuqarters in Singapore and R&D base in Taiwan in 2017, was about to...
Zoom to expand presence in Singapore
Wednesday 23 December 2020Zoom Video Communications has announced that it will expand its presence in Singapore by opening a new research and development center.
Vietnam handsets and related components output value totals US$46.9 billion
Tuesday 22 December 2020The output value of Vietnam's handset and related component industry came to US$46.9 billion in the first 11 months of 2020, accounting for 18.4% of the country's total export value...
Bright outlook for Vietnam in 2021
Monday 21 December 2020Although manufacturers may feel less compelled than before to relocate their production out of China, now that Donald Trump is leaving the White House, they will carry on with their...
Thailand smartphone sales drop in 3Q20
Thursday 17 December 2020Smartphone sales in Thailand fell 7.6% annually to 4.7 million units in the third quarter of 2020, according to Gartner, in line with global concerns over resurging COVID-19 that...
Taiwan auto PCB makers gearing up for EV market in Thailand
Tuesday 15 December 2020Thailand is emerging as a new outlet for automotive PCBs, particularly those for electrical vehicles (EVs), prompting Taiwan-based PCB makers including Apex International, Chin-Poon...
Taiwan supply chain players have mixed attitudes on capacity relocation
Tuesday 15 December 2020Taiwanese companies in the upstream supply chain are having mixed attitudes about relocating their capacities to Southeast Asian countries such as Vietnam, India and Thailand, amid...
Advantech to develop smart mangaement system for Vietnam-based e-bus operator
Tuesday 15 December 2020Industrial computing solution provider Advantech has disclosed its Vietnam-based subsidiary has signed an agreement with VinBus Ecology Transport Services, an electric bus service...
Vietnam sees FinTech boom
Friday 11 December 2020The number of FinTech startups in Vietnam has almost tripled from 44 to 121 between 2017 and 2020, with 31% of them operating in payments, according to a report released by Fintech...
IPO activity remains strong in Southeast Asia
Friday 11 December 2020Despite the pandemic and US-China trade tensions, Southeast Asian capital markets have remained resilient, with local IPO activity from January up to mid October 2020 reaching pre-pandemic...
Chief Telecom expects over 10% growth in 2021 profits
Monday 7 December 2020Taiwan-based Chief Telecom expects its profitability to see a double-digit growth on year in 2021 as the pandemic-driven demand for stay-at-home applications will persist, according...
ATE Energy optimistic about 2021
Friday 4 December 2020ATE Energy International, which provides engineering, procurement and construction (EPC) management services on a contract basis, expects strong demand coming from the healthcare...
AUO mulls setting up display backend production facilities in Southeast Asia
Friday 4 December 2020AU Optronics (AUO) is mulling to set up production facilities in Southeast Asia for backend production of monitor and automotive panels to cope with changing demand from clients,...
Walsin resumes resistor production at Malaysia plant
Wednesday 2 December 2020Walsin Technology has resumed resistor production at its Malaysia plant, which had been shut down temporarily to facilitate coronavirus-related inspections, according to the passive...
Breaktime to tap markets in Southeast Asia
Wednesday 25 November 2020Breaktime, a startup operating an AI-based online publishing platform that integrates content for readers, will tap markets in Southeast Asia such as Vietnam, Thailand and Indonesia...
Acter posts profit and margin declines in 1Q-3Q
Friday 20 November 2020Cleanroom and turnkey equipment provider Acter saw both its gross margin and net profit decline on year in the first three quarters of 2020, due to rising operating expenses and raw...
PCB maker Apex enters Samsung supply chain for miniLED TV
Wednesday 18 November 2020Samsung Electronics is accelerating its deployment in the miniLED-backlit TV market by setting up new production lines in Vietnam, and Taiwan-based PCB maker Apex International, which...