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NEWS TAGGED SOUTHEAST ASIA
Monday 6 January 2025
Taiwan firms rush to tap into Thailand's expanding EV ecosystem
Thailand, known as the "Detroit of the East," is experiencing a transformative shift toward EVs despite the current dominance of fuel-powered cars. This transition is supported by...
Thursday 2 January 2025
Japan-based Meiko's value doubles as Vietnam operation makes gains amid US-China tensions
Japanese printed circuit board (PCB) manufacturer Meiko has doubled its market value, driven by the need for the global supply chain relocation away from China. By proactively setting...
Tuesday 31 December 2024
2024 review: Southeast Asia emerges as key manufacturing hub amid global supply chain shifts
Southeast Asia has cemented its position as a crucial hub for technological advancement in 2024, particularly in AI, semiconductors, and electric vehicle (EV) transformation. The...
Monday 30 December 2024
Xiaomi opens its first store in Singapore, targets home appliance market expansion in Southeast Asia
Xiaomi has inaugurated its first store in Singapore, marking a strategic move to enhance its presence in the Southeast Asian market, with a particular focus on home appliances. The...
Monday 30 December 2024
Goertek expands drone production capacity in Vietnam
Chinese Goertek is set to invest US$570 million into expanding its operations in Bac Ninh, Vietnam, pending the necessary approvals from local authorities.
Friday 27 December 2024
J&V Energy partners with ESPRO to develop solar power in Thailand
J&V Energy has announced the formal signing of a memorandum of understanding (MOU) with Thailand's ESPRO. The two parties will jointly establish a holding company in Thailand,...
Wednesday 25 December 2024
Synopsys strengthens Vietnam presence with fourth office in Hanoi
Synopsys, the leading electronic design automation company in the US, has launched its fourth office in Vietnam, located in Hanoi. The company already operates two offices in Ho Chi...
Tuesday 24 December 2024
Indonesia seeks closer ties with Elon Musk: propose data center collaboration after battery factory setback
With the upcoming Trump administration, the Indonesian government is working to deepen its ties with Elon Musk, who maintains close connections with the president-elect and is expected...
Tuesday 24 December 2024
Wistron expands global footprint: new investments in US, Vietnam, and India
In a strategic move to strengthen its global presence, Wistron's board of directors approved several overseas investment projects on December 20, 2024, including a major renovation...
Tuesday 24 December 2024
Will Indonesia's pressure on Apple set a global trend?
Indonesia has demanded Apple establish manufacturing facilities commensurate with its market size in the country. As global supply chains continue to evolve, such requirements from...
Friday 20 December 2024
Topoint's Thailand plant on track for volume production in 2025
Topoint Technology, a manufacturer of PCB drill bits, is preparing to commence mass production at its new factory in Thailand in 2025. This facility will provide drilling services...
Thursday 19 December 2024
ATE Energy expects 70% of sales from overseas markets in 2025
Taiwan-based energy solution provider ATE Energy has achieved significant progress in the Philippines market with an order backlog of about NT$11 billion (approx. US$335.83 million)...
Wednesday 18 December 2024
Amkor progresses with US$1.6 billion Vietnam factory, workforce cut anticipated
US-based IC backend house Amkor Technology is advancing its US$1.6 billion factory in Bac Ninh, Vietnam. However, it expects much fewer employees to be required for the facility inaugurated...
Wednesday 18 December 2024
Wistron to open second Victory plant in Vietnam in 1Q25, eye existing facility expansion
Taiwan-based Wistron, a leading electronics manufacturer and Apple supplier is set to begin operations for its US$24.5 million investment in Ha Nam Province, Vietnam.
Wednesday 18 December 2024
Ventec new Thailand plant set for volume production in 1Q26
Following other PCB firms' expansion moves, niche copper-clad laminate (CCL) specialist Ventec announced plans in November for a production base in Thailand, which will begin volume...