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IN THE NEWS
Wednesday 23 December 2020
Zoom to expand presence in Singapore
Zoom Video Communications has announced that it will expand its presence in Singapore by opening a new research and development center.
Tuesday 22 December 2020
India aspires to build semiconductor ecosystem
India's Ministry of Electronics and Information Technology has recently unveiled a letter of intent seeking industry support in a bid to establish the country's semiconductor ecosystem,...
Tuesday 22 December 2020
Vietnam handsets and related components output value totals US$46.9 billion
The output value of Vietnam's handset and related component industry came to US$46.9 billion in the first 11 months of 2020, accounting for 18.4% of the country's total export value...
Monday 21 December 2020
Bright outlook for Vietnam in 2021
Although manufacturers may feel less compelled than before to relocate their production out of China, now that Donald Trump is leaving the White House, they will carry on with their...
Monday 21 December 2020
Riot threatens to derail Wistron, Apple and India plans
The riot at Wistron's plant in India has done disservices not only to the Taiwanese ODM, but also to its client Apple - which has been keen to move some production of its devices...
Thursday 17 December 2020
Thailand smartphone sales drop in 3Q20
Smartphone sales in Thailand fell 7.6% annually to 4.7 million units in the third quarter of 2020, according to Gartner, in line with global concerns over resurging COVID-19 that...
Wednesday 16 December 2020
Pegatron on track to commence investment project in India, says chairman
Pegatron is on track to step up its investment in India, according to company chairman TH Tung, despite a riot at a Wistron plant in the country.
Wednesday 16 December 2020
Micron expanding India team
Micron Technology, optimistic about India's IT sector, is ready to establish a center of excellence and expand industry-academia collaboration there, according to media reports.
Tuesday 15 December 2020
Taiwan auto PCB makers gearing up for EV market in Thailand
Thailand is emerging as a new outlet for automotive PCBs, particularly those for electrical vehicles (EVs), prompting Taiwan-based PCB makers including Apex International, Chin-Poon...
Tuesday 15 December 2020
Wistron says losses at India plant only NT$100-200 million
Wistron, in response to reports claiming the riot at its India plant had resulted in damage totaling NT$1.6 billion (US$56.31 million), has maintained that the loss was actually only...
Tuesday 15 December 2020
Taiwan supply chain players have mixed attitudes on capacity relocation
Taiwanese companies in the upstream supply chain are having mixed attitudes about relocating their capacities to Southeast Asian countries such as Vietnam, India and Thailand, amid...
Tuesday 15 December 2020
Advantech to develop smart mangaement system for Vietnam-based e-bus operator
Industrial computing solution provider Advantech has disclosed its Vietnam-based subsidiary has signed an agreement with VinBus Ecology Transport Services, an electric bus service...
Monday 14 December 2020
Wistron says India plant complies with law
Wistron has claimed that the riot at its Narasapura plant in India was started due to a break-in of several unidentified outsiders who sabotaged the facilities, maintaining that the...
Friday 11 December 2020
Vietnam sees FinTech boom
The number of FinTech startups in Vietnam has almost tripled from 44 to 121 between 2017 and 2020, with 31% of them operating in payments, according to a report released by Fintech...
Friday 11 December 2020
IPO activity remains strong in Southeast Asia
Despite the pandemic and US-China trade tensions, Southeast Asian capital markets have remained resilient, with local IPO activity from January up to mid October 2020 reaching pre-pandemic...