Founded in 1989 and headquartered in Bangkok, Cal Comp Electronics (Thailand) is a subsidiary of Taiwan's New Kinpo Group. The electronics manufacturer went public in Thailand in 2001 and issued Taiwan Depository Receipt two years later.
With COVID-19 infections surging in Malaysia, several ODMs are planning to shift orders from their plants in the Southeast Asian country to those in China and have obtained the approval from their clients, according to sources from the upstream supply chain.
Taiwan Surface Mounting Technology (SMT) is currently the only provider of SMT services for Apple's miniLED backlighting applications, but China-based Luxshare Precision Industry is expected to become a second provider in fourth-quarter 2021 at the earliest, according to industry sources.
Eson Precision Engineering, an IT product design and manufacturing arm of Foxconn Technology, is adjusting the production priority of its two plants in Kuala Lumpur and Johor, respectively, in Malaysia to cope with the local COVID prevention control measures, according to the company.
A nationwide lockdown in Malaysia has made disruptions to the output from local chip plants, which fulfill mainly orders for entry-level and mid-range logic ICs, and power diodes and other power components for use in PCs and other mass-market applications, according to industry sources.
Taiwan-based PCB maker Global Brands Manufacture (GBM) has restored part of its fab operations in Penang, Malaysia following eight days of suspension in response to COVID cluster infections among nine of its local employees, according to industry sources.
Due to a spike in COVID-19 cases, Malaysia has imposed indefinite extensions to movement control and a stricter lockdown in Selangor and parts of Kuala Lumpur. The industrial zones in Bandar Indahpura and Senai are in a 14-day total lockdown where economic activities are suspended.
Vietnam's Ministry of Information and Communications signed a memorandum of understanding (MOU) with Asian Development Bank (ADB) at the end of June to form a partnership for the development of digital government, digital economy and digital society, according to a report by Vietnam Finance.