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NEWS TAGGED SOUTHEAST ASIA
Monday 3 March 2025
Philippines-based Ayala retains Integrated Micro-Electronics amid profitability outlook
According to Bloomberg, Philippines-based Ayala Corp. decided to retain Integrated Micro-Electronics Inc. (IMI), its contract manufacturing subsidiary, after previously considering...
Thursday 27 February 2025
Apple reaches pact with Indonesia to end iPhone sales ban
Apple has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia's largest nation.
Tuesday 25 February 2025
Oppo expands market share in Southeast Asia and Latin America
Oppo has expanded its footprint in Southeast Asia and Latin America, successfully leveraging local conditions to secure a significant market share.
Tuesday 25 February 2025
Panjit eyes 35% automotive growth, plans Vietnam factory
Despite facing headwinds in the overall automotive market, Panjit continues to report impressive growth. Chief Operating Officer Edgar Chen stated that the company aims for an annual...
Tuesday 25 February 2025
US AI chip export curb expected to impact Malaysia's data center development
Chin Tong Liew, Malaysia's Deputy Minister of Investment, Trade, and Industry (MITI), has acknowledged that the US restrictions on artificial intelligence (AI) chip exports, set to...
Monday 24 February 2025
Foxconn subsidiary acquires 25% stake in Goertek Electronics Vietnam for US$50 million
Foxconn, through its subsidiary New Wing Interconnect Technology (Bac Giang), has acquired a 25% stake in Goertek Electronics Vietnam for US$50 million, announcing the deal on the...
Monday 24 February 2025
Singapore doubles down on deeptech: boosting AI and semiconductor research with US$2.23 billion fund
Singapore will invest an additional SGD3 billion (US$2.23 billion) into its National Productivity Fund (NPF) and allocate SGD1 billion to upgrade biomedical research centers and build...
Monday 24 February 2025
EMS provider Venture Corporation reports lower revenue and profit in 2024, eyes growth in 2025
Singapore-based electronics manufacturing services (EMS) provider Venture Corporation posted sales of SGD2.7 billion (approx. US$2.05 billion) for fiscal 2024, marking a 9.6% decline...
Monday 24 February 2025
Nissan denies closure of Thailand plant; pledges to expand HEV investment instead
Nissan has dismissed speculation that it plans to shut down its factory in Thailand, reaffirming the country's role as a key manufacturing hub in the Association of Southeast Asian...
Friday 21 February 2025
Alibaba Cloud opens second data center in Thailand to boost Southeast Asian presence
Alibaba Cloud, the cloud computing arm of Alibaba Group, has inaugurated its second data center in Thailand, expanding its infrastructure to meet the rising demand for cloud services...
Wednesday 19 February 2025
PCB upstream suppliers track SEA expansion, anticipating 2025 mass production orders
Major Taiwanese printed circuit board (PCB) manufacturers are actively investing in setting up facilities in Southeast Asia due to the region's geopolitical considerations, rising...
Tuesday 18 February 2025
ASE opens fifth factory in Penang, embracing AI-driven smart manufacturing
With the global semiconductor market projected to exceed US$1 trillion within the next decade, IC packaging and testing leader ASE is accelerating its overseas expansion. The company's...
Tuesday 18 February 2025
ASE to increase spending in 2025 for expansion, new Malaysia plant reportedly set to open
Global packaging and testing leader ASE Technology Holdings (ASE) expects total capital expenditure (capex) for the year to grow significantly by over 60%, primarily allocated for...
Monday 17 February 2025
Apple reportedly explores iPhone assembly in Indonesia as it navigates sales ban and local content rules
According to Nikkei Asia, Apple is currently in discussions with its suppliers to potentially assemble iPhones in Indonesia. This move would be significant for the Indonesian...
Monday 17 February 2025
Weekly news roundup: Apple makes manufacturing pivot; Chinese IC firms may shift 14nm orders to SMIC
These are the most-read DIGITIMES Asia stories from the week of February 10 – February 14.