In September, Hyundai Motor Group announced the commencement of construction of an Electric Vehicle (EV) battery cell plant in Karawang, near Jakarta Indonesia. The production plant, established in joint cooperation with LG Energy Solutions, is expected to be...
Lam Research Corporation, an American global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, has launched its new facility in Batu Kawan, Penang, with an investment of MYR 1 billion (USD 240 million). Penang is the firm’s...
US-based AEsir Technologies has announced a partnership with Eramen Minerals located in Manilla, Philippines to construct a 1.5 GWh Nickel Zinc (NiZn) battery manufacturing facility in the Philippines. The partnership will represent a vertically integrated business...
Metal E-Waste Management company Metech International announced in late September that its wholly-owned subsidiary, Asian Green Tech Pte Ltd, had entered into a joint venture with X Diamond Capital. The new company, incorporated as Asian Eco Technology, will focus on...
Japanese IT maker Oki Electric Industry (OKI) has just announced that it will shift its printer manufacturing activities from China to Thailand as part of efforts to focus on competitive products. Its Chinese unit ends printer production in Shenzhen, in October, while...
In September 2021, Universal Scientific Industrial Co., Ltd. (USI) announced that it had completed the first phase for the construction of its new manufacturing base in Vietnam. The company is a member of ASE Technology Holding, a Taiwan-based world-leading provider...
The Indonesian Ministry of Industry has announced plans to create an Engineering Center for laptop production, in order to build a market for domestically produced laptops and invite investment in related industries. Among the main Engineering Center’s goals are to...
Schott AG, a German multinational manufacturer of high-tech materials for specialty glass, has set up Schott Asia IT Services Sdn Bhd (SAITS) in Kuala Lumpur as its international IT competence center. SAITS will play a key role at Schott IT to integrate the...
KTM Asia Motorcycle Manufacturing Inc. (KAMMI) is ramping up local assembly of motorcycles for export as the company approaches the 30,000-unit production milestone. KAMMI, a joint venture of AC Industrial Technology Holdings Inc. and KTM AG, expanded its...
Hyundai Motor Group will complete its sophisticated assembly plant in Singapore in 2022, where it will assemble, sell and export the Hyundai Ioniq 5 and the Hyundai Ioniq 3 for Singapore and the rest of the Asia Pacific region. This puts the company in a prime...
Thailand Board of Investment (BOI) has announced plans to promote investment in the manufacturing of semiconductors and related R&D activities, aiming to strengthen the country’s electronics supply chain. Crucially, the BOI has developed a new package with...
Aiming to obtain a competitive advantage in the global electric vehicle (EV) market, Vinfast, Vietnam´s leading private automotive manufacturer, has formed several collaborations with developers of innovative battery technologies. For instance, VinFast is working with...
