TSMC is gearing up expansion of its capacity in response to strong demand from diverse sectors. According to the foundry's CEO, TSMC will invest a total of US$100 billion in capacity expansion through 2023. In the car industry, Foxconn has made yet another move to expand its reach in the electric vehicle sector. Foxconn and Thailand's PTT have just signed an MoU for forming a JV for the production of EV in Thailand. The importance of Southeast Asia for the global supply chain is growing fast. Austria-based AT&S has just disclosed a plan to set up an ABF substrate production base in Southeast Asia.
Malaysia is where a number of Japan- and Taiwan-based passive component vendors operate their regional factory sites, and their production may be disrupted by an ongoing two-week nationwide lockdown there, posing a further impact to the already-tight supply of certain components, particularly aluminum capacitors, according to industry sources.
Because of the coronavirus pandemic, investors in Thailand have turned their investment targets to enterprises in the stage of growth, resulting in a reduction in number of loans to startups in 2020 to 30 from 2019's 41, but the overall investment amount still went up from US$109 million in 2019 to US$364 million in 2020, according to a report by Techsauce.
Combined sales of Vietnam-based telecom operators experienced a decline of 13.6% to VND315.2 billion (US$13.55 million) in 2020, thanks to a saturation of the telecommunication market and pandemic-induced impacts, according to local reports in Vietnam.
Jiangsu Changjiang Electronics Technology (JCET), the largest China-based provider of outsourced semiconductor assembly and test (OSAT), has announced its takeover of Analog Devices' test facility in Singapore. Financial terms were not disclosed.
Delta Electronics (Thailand) is developing robots for precision assembly and hazardous environments, and for safety reasons, the company's automation development is mainly heading toward the directions of reducing malfunctioning and waste of materials, and improving production efficiency, according to company president Jackie Chang.
Revenues generated from Vietnam's mobile e-commerce industry are expected to reach US$7 billion in 2021 revenues and will surpass those of the desktop e-commerce sector in 2022, according to data from Vietnam-based mobile platform provider Appota.
Japan's major automotive PCB maker CMK has decided to suspend production at its plant in Thailand for one week after 10 employees were infected with COVID-19 virus, but Taiwan-based peers with manufacturing operations there do not expect transfer of orders from its clients, according to industry sources.
With COVID-19 resurging in northern Vietnam, the country's Bac Giang Province has announced to lock down four of its six industrial zones to prevent the spread of the disease, according to a report by Vietnamnet.
Thailand Board of Investment (BOI) saw the number of applications for investing in the country increase to 401 in the first quarter of 2021, up from 351 in the same quarter a year ago, while the investment amount will total THB123.4 billion (US$3.97 billion), up 80% on year, according to a report from Business News of Thailand.
Vietnam-based conglomerate Vingroup has reported net profits of VND2.1 trillion (US$90.84 million) for the first quarter of 2021, up 5-fold on year thanks to strong sales from its real estate, Vinfast automobile and Vsmart smartphone businesses.