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Friday 26 November 2021
US puts China quantum computing companies on trade blacklist
The US Department of Commerce has imposed trade sanctions on a total of 27 foreign companies with 12 of them based in China, 13 in Pakistan, one in Japan and one in Singapore. These...
Thursday 25 November 2021
New Samsung fab in Texas to eye orders from major US vendors
Samsung Electronics has disclosed plans to set up an advanced wafer fab in Texas. The new fab that will be equipped with advanced process manufacturing equipment and facilities will...
Tuesday 23 November 2021
Cloud kitchen popularity growing fast
Cloud kitchens have seen popularity grow fast in the Asia-Pacific amid the pandemic. Since 2020, the Asia Pacific region has gained the highest market share in the cloud kitchen sector,...
Monday 22 November 2021
Southeast Asia roundup: Amkor plans to invest US$1.6 bn in Vietnam
South Korea-based semiconductor house is building up capacity in Vietnam while Toyota sets up base in Thailand.
Monday 22 November 2021
Major US chipmakers gearing up for 6nm Wi-Fi 7 SoCs
Leading Wi-Fi chipmakers Qualcomm, Broadcom and even Intel are keenly developing Wi-Fi 7 SoCs, and may have their chips manufactured at TSMC using 6N RF process, looking to meet the...
Friday 19 November 2021
ASEAN FinTech firms raise record US$3.5 billion from January to September
FinTech firms in ASEAN have raised a record total of US$3.5 billion from January to September this year, growing more than 300% when compared to the whole year of 2020, according...
Thursday 18 November 2021
GoTo Group raises more than US$1.3 billion in pre-IPO funding round
Indonesia-based GoTo Group, the largest technology group in Southeast Asia, announced that it has secured over US$1.3 billion in its pre-IPO funding round. The Group is preparing...
Monday 15 November 2021
NATEA US Taiwan High-Tech Forum: Dawn of new blockchain era
New trends and tech advances are emerging from the horizon of blockchain technology. On the second day (Nov.13th, Taipei time) of the 2021 U.S. Taiwan High-Tech Forum (UTHF) hosted...
Friday 12 November 2021
VinFast invests US$200 million in California for state tax grant
Vietnam-based EV maker VinFast has announced an investment project of over US$200 million to expand business in North America, including setting up US headquarters in California that...
Friday 12 November 2021
Malaysian unicorn Carsome aims to go public in US
Malaysian secondhand car selling site Carsome has reportedly raised about US$200 million in its latest round of fundraising, and it aims at IPO in the US in 2022, sources familiar...
Friday 12 November 2021
Foxconn strikes definitive agreement to buy Lordstown EV factory in Ohio
Hon Hai Technology Group (Foxconn) and Lordstown Motors (LMC) have entered into a definitive agreement for the EMS giant to acquire the US electric vehicle (EV) maker's factory in...
Monday 8 November 2021
Phison secures US$100 million worth of deal with major customer
Flash device controller and module manufacturer Phison Electronics has struck a contract worth US$100 million over three years with a major customer, while securing long-term supply...
Monday 8 November 2021
Chicony benefits from restriction on China-made surveillance cameras in US, Europe
As China-based makers of surveillance IP camera modules have faced increasing government restrictions on adoption of their products in the US and Europe due to security concerns,...
Friday 5 November 2021
South Korea-based ENPlus invests US$100 million in Philippines' EV sector
South Korea-based ENPlus plans to invest PHP5 billion (US$98.86 million) in building manufacturing facilities for electric vehicles (EV) in the Philippines, according to the Philippines...
Friday 5 November 2021
Ennostar aims to reach annual revenues of US$2 billion, says chairman
Ennostar expects its 2021 consolidated revenues to exceed NT$34 billion (US$1.22 billion) and has set a long-term goal of gradually increasing annual consolidated revenues to US$2...