Malaysian Prime Minister Anwar Ibrahim has announced plans to leverage the country's geographical advantages and recent foreign investments to position Malaysia as a hub for energy and chip manufacturing
The Apple Inc. executive leading talks with Indonesia to lift the country's iPhone 16 sales ban departed Jakarta on Wednesday, after a late-stage about-face from a minister scuttled a deal, according to people familiar with the matter
Chinese smartphone brand Honor is preparing to challenge the Indonesian premium smartphone segment with devices priced above US$300. By 2025, the company plans to launch 30 products in its ecosystem, including smartphones, tablets, PCs, and wearable devices, all designed to work seamlessly together
On January 7, 2025, Malaysia and Singapore signed the Johor-Singapore Special Economic Zone (JS-SEZ) agreement to boost cooperation and investment between Johor and Singapore, utilizing their proximity for mutual growth, reports Bloomberg, CNA, and Malay Mail
Senao Networks is navigating the complex geopolitical landscape shaped by the enduring US-China trade tensions. Chairman Tommy Tsai articulated the company's strategic approach amidst these challenges, particularly in light of the upcoming Trump administration and its potential impact on the supply chain dynamics
Apple plans to invest US$1 billion to speed up the iPhone 16 launch in Indonesia, including building an AirTag factory. Indonesian officials met with Apple on January 7 and approved the factory proposal, though other issues are still being negotiated
Micron Technology initiated construction on Wednesday (January 8, 2025) of a new High-Bandwidth Memory (HBM) advanced packaging facility adjacent to its existing facilities in Singapore
US-China trade tensions and high tariffs are reshaping the global power semiconductor industry, creating both challenges and opportunities. Taiwanese firms are adopting capacity relocation strategies and bolstering partnerships with Southeast Asia, Europe, and the US to leverage geopolitical advantages and prepare for potential tariff escalations as Trump returns to office
Power Technology is implementing a four-pronged strategy for 2025, focusing on high-wattage notebook power supplies, communication power supplies, server power supplies, and intelligent low-carbon integrated platform solutions to drive growth with new products and projects for a new clientele
Luxshare-ICT plans an additional US$208.5 million investment in Vietnam's Nghe An province, set to boost annual production and create 25,000 jobs. The expansion strengthens Luxshare's global market share as the industry prepares for potential US tariff hikes following the company's acquisition of Wingtech's ODM business, further cementing its position in the EMS industry
SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time when it is struggling to compete in the post-ChatGPT era
Thailand, known as the "Detroit of the East," is experiencing a transformative shift toward EVs despite the current dominance of fuel-powered cars. This transition is supported by its robust automotive industry and favorable policies from the Thai government, which aims to expand its role in the global electric vehicle supply chain amidst ongoing geopolitical challenges
Japanese printed circuit board (PCB) manufacturer Meiko has doubled its market value, driven by the need for the global supply chain relocation away from China. By proactively setting up production facilities in Vietnam, Meiko has become a key player amidst the US-China tensions. Satellite communications opportunities have also significantly boosted its revenue growth
Southeast Asia has cemented its position as a crucial hub for technological advancement in 2024, particularly in AI, semiconductors, and electric vehicle (EV) transformation. The region's governments are carefully navigating the challenge of attracting foreign investment while fostering local industry growth, a balance that continues to reshape the economic landscape
