According to Mr. Nguyen Thang Vuong, Head of the European and American Markets Division under the Ministry of Industry and Trade, Apple has relocated 11 factories for manufacturing audiovisual devices to Vietnam. According to the list of Apple’s global suppliers...
Alton Industry Ltd Group, a US-based industrial tools provider, plans to invest MYR 2 billion (USD 419 million) in Malaysia, enhancing its manufacturing and research & development operations. Part of this expansion involves creating a new production facility in...
In August, Singapore’s industrial output declined by 12.1% year-on-year, marking the 11th consecutive month of contraction, surpassing expectations and driven primarily by a sharp decline in the electronics sector. Economists had anticipated a 3.1% year-on-year...
The Lenzing Group, a global manufacturer of specialty cellulose fibers for the textile and nonwoven sectors, has gained EU Ecolabel accreditation for its fibers manufactured in Indonesia. This recognition signifies that Lenzing fibers manufactured in Purwakarta (PT...
Murata Manufacturing Co., Ltd., a Kyoto-based manufacturer of ceramic-based electronic components, has announced that it has finalized plans further to inject PHP 4.4 billion (USD 78.2 million) to expand its manufacturing facility in Tanauan City, Batangas province,...
Japanese chemicals company Mitsui Chemicals recently launched a new plant to produce its high-performance polyolefin elastomer (POE) product Tafmer at its Singapore-based wholly-owned subsidiary Mitsui Elastomers (MELS). As part of Mitsui Chemicals’ VISION 2030...
Singapore-based Meranti Steel has signed a cooperation agreement with Italian company Danieli, which ranks among the world’s top three manufacturers of plants and machines for the metals industry, to set up a new green steel project in Thailand under the Meranti Green...
American food and beverage company PepsiCo is reportedly making a comeback in Indonesia with the construction of a snack factory in West Java. This move follows its separation from its local partner two years ago. The new factory, part of PepsiCo’s USD 200...
In August 2023, a high-ranking Indonesian official revealed that Tesla, the American electric vehicle (EV) maker, intends to invest in battery material production within Indonesia. Luhut Binsar Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs,...
Ericsson, the Swedish telecommunication giant, has inaugurated its 5G production facility in South East Asia in Penang, Malaysia, in partnership with the American electronics and supply chain firm, Flex. The state-of-the-art facility is set to produce Ericsson’s...
Leading photovoltaics company Trina Solar has started producing 210 mm monocrystalline wafers at its factory in the Vietnamese northern city of Thai Nguyen. The wafers, according to the report, would be used in Vertex modules to serve the US market. The company’s...
The American Zero Motorcycles has partnered with the manufacturing arm of Filipino conglomerate Ayala Corporation to build the Southeast Asian country’s first high-powered electric bike (e-bike) manufacturing plant in Laguna, predicted tto generate annual sales of...
