GlobalFoundries (GF) has acquired Singapore-based Advanced Micro Foundry (AMF), positioning the US chipmaker as the world's largest pure-play silicon photonics (SiPh) foundry and expanding its reach across next-generation AI datacenter infrastructure. Announced on November 17, the deal strengthens GF's manufacturing scale, technology capabilities, and R&D footprint across Asia and the US, while underscoring Singapore's growing role as a strategic semiconductor hub. The companies did not disclose financial terms
Vietnam's richest man and founder of Vingroup, Pham Nhat Vuong, is pushing his business empire into its most ambitious frontier yet: aerospace. The billionaire founder has established a new company, VinSpace, marking the conglomerate's formal entry into aviation and space technology, an expansion that underscores how Vingroup is steadily evolving beyond its roots in real estate and EV
Vietnam plans to bring its first semiconductor manufacturing base online by 2026, Prime Minister Pham Minh Chinh said, underscoring the country's ambition to strengthen its role in the global chip supply chain and position semiconductors as a core driver of economic transformation
Unicomp Technology Group, a Wuxi-based industrial inspection equipment maker, said its wholly owned unit, Ray Tech Singapore, will acquire a 66% stake in Singapore's SCPL Semiconductor Test & Inspection (SSTI) for SGD48.9 million (approx. US$37.54 million). Once the deal closes, SSTI will become a majority-owned subsidiary and be included in Unicomp's consolidated financial results
"Electricity is computing power," said Taiwan's Industrial Technology Research Institute (ITRI), predicting that global data center power demand will more than double by 2030. The trend toward hyperscale facilities is accelerating, with each data center in the Americas averaging 100MW of IT capacity, about twice the global average of 50MW. Malaysia has become a key hotspot for US and Chinese tech giants expanding their AI and cloud infrastructure, while Taiwan's average load of just 7MW underscores its lag in large-scale AI development
