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Friday 8 October 2021
Samsung reportedly to build additional ABF substrate capacity
Samsung Electro-Mechanics (SEMCO) reportedly plans to install a new production line for ABF-based flip chip ball grid array (FCBGA) substrates at its factory site in Vietnam, with...
Friday 8 October 2021
Taiwanese companies triple investment in ASEAN
Taiwanese companies are investing in ASEAN more than in China this year. From January to August this year, investment in ASEAN countries has nearly tripled, compared to the same period...
Tuesday 5 October 2021
Companies moving orders from Vietnam to China amid COVID-19
Many enterprises have shifted their orders or some production capacities from Vietnam to China amid COVID-19 lockdowns in the Southeast Asian country, according to a Vietnamese report...
Tuesday 5 October 2021
SE Asia startup Carousell becomes unicorn
Singapore's second-hand shopping site Carousell Group has raised US$100 million in the latest round of fundraising, led by South Korea-based private-equity firm STIC Investments.
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
Vietnam's first unicorn VNG delays IPO plan
VNG is the first Vietnamese company ever to achieve unicorn status, with a valuation of more than $1 billion. The gaming industry leader in Vietnam has not taken any actions after...
Wednesday 29 September 2021
Vietnam FDI affected by COVID
At the early stage of the pandemic, Vietnam welcomed US$16 billion in foreign direct investment (FDI) as manufacturers quickly shifted from China to Vietnam. But Vietnam's COVID outbreak...
Friday 24 September 2021
Vietnam forecasts one million EVs by 2028
With its huge population of 100 million people, Vietnam has the potential to have more than one million electric vehicles (EV) by 2028 and 4.5 million EVs by 2050, according to Vietnam...
Wednesday 22 September 2021
Southeast Asia roundup: Ho Chi Minh City reopens with potential labor shortages
While Vietnam is slowly reopening from lockdown, foregin companies find themselves in need of new suppliers, and local workers are unwilling to return to work posts in the city just...
Thursday 16 September 2021
Suppliers kicking off shipments for new AirPods
Component suppliers and assemblers have already kicked off shipments for Apple's new-generation AirPods, but the overall deliveries are proceeding slowly, according to industry sou...
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...
Thursday 9 September 2021
USI starts production at new plant in Vietnam
Universal Scientific Industrial (USI) has started production at a new plant in Vietnam, with the facility to focus on manufacturing SiP (system in package) modules for wearables initially,...
Wednesday 8 September 2021
Samsung, LG to hire thousands of employees in Vietnam
South Korea's Samsung Electronics is investing US$230 million to build a R&D center in Hanoi, Vietnam, which is expected to start operation in 2022 and hire 2,200-3,000 employees,...