To address evolving market and customer demands, Joinsoon Electronics Manufacturing Co Ltd is expediting its capacity transfer. The phase-two expansion at its Thailand facility has been completed and is set to begin production in the third quarter of 2024

As part of its efforts to strengthen its global sales strategy, Ennoconn announced on the evening of September 4 its plan to acquire a 53.38% stake (193,173,439 shares) in Nera Telecommunications (NERA) from major shareholder Asia Systems Ltd

Reports suggest that Intel's expansion plan in Penang, Malaysia, has been "partially delayed," sparking public curiosity about its potential connection to Intel's global layoff plan. However, Intel has since refuted these claims, asserting that there will be no changes to the expansion plan and denying earlier reports of any delays

Malaysian officials recently met with Tesla executives to discuss the company's development plans in Malaysia

Following a semiconductor collaboration with Malaysia, India further expanded its partnership with Singapore to include advanced manufacturing, semiconductors, aviation, and other sectors in their latest ministerial roundtable

Amazon's subsidiary, AWS, announced that its Region in Malaysia is now open, and it will be investing over US$6.2 billion in the country through 2038. Recently, Microsoft has also announced investment plans for cloud servers and AI infrastructure in Malaysia, Indonesia, and Thailand, indicating that the cloud service market in Southeast Asian countries will experience accelerated growth

In cooperation with the Vietnamese government's active promotion, Samsung Electronics is reportedly considering establishing a semiconductor assembly line in Vietnam. With Samsung currently operating large factories for products such as mobile devices and display modules in Vietnam, there are hopes of synergistic benefits

Tongtai Machine & Tool is actively expanding its semiconductor equipment business to meet the increasing demand for AI device applications and anticipates revenue from this segment to grow as a proportion of company revenue

Apaq Technology, a specialist in solid electrolytic capacitors, has acquired land adjacent to its existing plant in Malaysia for a second phase expansion, with construction expected to be completed in the fourth quarter of 2025

Fifteen Japanese companies plan to invest approximately JPY100 billion (US$680 million) in research, development, and equipment across Southeast Asia, focusing on the electric vehicle, semiconductor, and energy sectors. The Japanese government is reportedly set to subsidize around one-third of this investment

Indonesia is seeking to blend more palm oil with diesel to cut its use of fossil fuels, with the ambitious target raising the risk of tightening supply of the tropical oil

The US-China trade war, combined with the COVID-19 pandemic and subsequent global supply chain relocations, has benefited Foxconn due to its diversified global footprint

Vietnam has made talent development a top priority to support the country's growth semiconductor industry

Tesla has reportedly paused its plans to build a factory in Thailand and will instead focus on establishing charging stations

Taiwan-based Topoint Technology, which manufactures drill bits for producing IC substrates and PCBs and also accepts OEM drilling orders from clients, expects to begin pilot runs at its new Thai plant in the fourth quarter of 2024