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NEWS TAGGED ASIA
Tuesday 19 October 2021
Powin teams up with Leader for Taiwan energy storage market
American energy storage system integrator Powin Energy is partnering up with Taiwan's Leader Energy Storage Technologies, making Leader an exclusive agent in Taiwan. By signing a...
Monday 18 October 2021
Southeast Asia roundup: Samsung, Intel to restore full production in Vietnam in November
Children in the US and Europe are going to miss a pair of NIKE shoes for Christmas this year as manufacturing activities in Vietnam are lagging due to COVID. Consumer electronics...
Friday 15 October 2021
Supply chain flexibility is crucial, says Cheney Wang, VP of supply chain and Taiwan GM of Latch
Latch was founded in 2014 by a group of former Apple employees and began trading on Nasdaq on June 7th, 2021 under LTCH. Through a SPAC listing, it raised $453 million and values...
Thursday 14 October 2021
Semiconductor materials distributors poised to enjoy strong 4Q21
Semiconductor materials distributors including Topco Scientific, Wah Lee Industrial and Niching Industrial are all set to see their fourth-quarter revenues stay high despite uncertainty...
Thursday 14 October 2021
TSMC expects 4.5% revenue growth in 4Q21
TSMC expects to post revenues of between US$15.4 billion and US$15.7 billion in the fourth quarter of 2021, which is a 4.5% sequential increase at the midpoint. Gross margin and operating...
Thursday 14 October 2021
Top investment opportunities in Asia: Q&A with Christine Tsai CEO and founding partner at 500 Global
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from...
Thursday 14 October 2021
Global unicorns surge in 2021: Interview with Richard Koo, principal at DNX, and Casey Lau, head of Asia at RISE
The number of newborn unicorns has again hit record levels in 2021, following a strong year in 2020. There are more than 800 unicorns around the world as of September of 2021. By...
Wednesday 13 October 2021
Taiwan backend houses gain shifted orders for MOSFETs from Southeast Asia
Taiwan-based backend houses continue to land shifted orders for MOSFET and other power ICs from Southeast Asia, where operations at fabs run by international IDMs are being disrupted...
Tuesday 12 October 2021
Southeast Asia roundup: Vietnam reopens after 3Q21 GDP fell by 6.17%
American clothing brands are seeing delayed production ahead of end-of-the-year shopping season because of reduced production in Vietnam, which logs the biggest quarterly fall in...
Tuesday 5 October 2021
SE Asia startup Carousell becomes unicorn
Singapore's second-hand shopping site Carousell Group has raised US$100 million in the latest round of fundraising, led by South Korea-based private-equity firm STIC Investments.
Monday 4 October 2021
Southeast Asia roundup: LGES and Hyundai to produce EV batteries in Indonesia
After being hit hard by the resurgence of COVID this year, Vietnam is gradually resuming manufacturing and social activities. Other countries in the region are expecting higher smartphone...
Monday 4 October 2021
SPACs drive M&A deals in Asia, says UBS
Mergers and acquisitions (M&A) in Asian countries (excluding Japan) during the first half of 2021 reached the second highest in history with a 69.6% year-on-year increase in value...
Monday 27 September 2021
Southeast Asia roundup: Xiaomi top smartphone brand in Indonesia in 2Q21
Smartphone sales were strong in Indonesia in second-quarter 2021, with Xiaomi being the top selling brand. while Apple fans in Thailand will receive their new iPhones earlier than...
Thursday 23 September 2021
COVID disrupts aluminum capacitor supply in SE Asia
On top of the global shortage of semiconductors, passive components are also seeing undersupply as COVID looms large in Southeast Asia, where suppliers are forced to manufacture at...
Wednesday 22 September 2021
Southeast Asia roundup: Ho Chi Minh City reopens with potential labor shortages
While Vietnam is slowly reopening from lockdown, foregin companies find themselves in need of new suppliers, and local workers are unwilling to return to work posts in the city just...