TSMC-backed Vanguard International Semiconductor and Dutch chip giant NXP are set to build a USD 7.8 billion wafer manufacturing plant in Singapore. Vanguard will hold a 60% stake in the joint venture, named VisionPower Semiconductor Manufacturing Company (VSMC),...
Chery Corporate Malaysia Sdn Bhd has inaugurated its first local assembly plant in Shah Alam, Selangor state of Malaysia, for its premium SUV sub-brand, Jaecoo. This facility, dedicated to producing the Jaecoo J7 model, represents a significant step in Chery’s...
Nokia is partnering with Foxconn to manufacture its 5G AirScale equipment at Foxconn’s factory in Bac Giang province. Under this collaboration, Foxconn will produce Nokia’s 5G AirScale equipment, including the latest AirScale Massive MIMO radio products....
VinFast, the Vietnamese electric vehicle (EV) manufacturer under Vingroup, is advancing its plans to establish a manufacturing presence in Indonesia by the end of 2025. In a recent filing with the United States Securities and Exchange Commission, VinFast announced its...
Japanese chemicals manufacturer Sumitomo Seika Chemicals Co., Ltd. has commenced construction of a new production facility on Jurong Island of Singapore. This new plant will double Sumitomo Seika’s super-absorbent polymer production in Singapore to 140,000 tons...
SEG Solar, a prominent American solar manufacturer, has secured a land utilization agreement to establish a state-of-the-art 5GW vertically integrated photovoltaic (PV) manufacturing facility in Indonesia. This ambitious project, located in Batang Regency, Central...
Samsung Electronics has committed to increasing its annual investment in Vietnam to USD 1 billion, recognizing the country as a crucial manufacturing hub in the region. As Vietnam’s leading foreign investor, Samsung Electronics aims to strengthen its investment ties...
BMW Manufacturing (Thailand) Co., Ltd., the first wholly-owned BMW plant in Asia, has been officially inaugurated at Amata City Industrial Park in Thailand, joining BMW’s global production network. With an annual capacity of 10,000 cars, the new facility will...
Siliconware Precision Industries Co., Ltd. (SPIL), a global semiconductor packaging and testing company based in Taiwan, has marked the commencement of construction for its Malaysia P1 plant at Bandar Cassia Technology Park in Penang, northern Malaysia. This...
President Ferdinand R. Marcos Jr. announced that US equity firm Cerberus and South Korea’s HD Hyundai Heavy Industries have partnered to revitalize the shipbuilding industry in Subic Bay, Philippines. This partnership is expected to boost the country’s...
Singapore is injecting USD 60 million into its National Robotics Programme (NRP) to propel robot adoption across manufacturing, logistics, and healthcare sectors. Led by the National Research Foundation (NRF) and hosted by the Agency for Science, Technology and...
Sony Semiconductor Solutions Corporation recently announced that starting in February 2024, it has begun operations with several production lines at the new fab built on the premises of Sony Device Technology (Thailand) Co., Ltd. (“SDT”), a production center...
