Global electric vehicle (EV) manufacturer BYD has just revealed plans to set up a facility in Thailand that will produce 150,000 passenger cars per year starting from 2024. The announcement was delivered in a joint statement with Thai industrial developer WHA Group,...
Yokowo Manufacturing of the Philippines, Inc., a unit of Japan’s Yokowo Co. Ltd., recently signed a locator agreement with Science Park of the Philippines, Inc. (SPPI), which is a shareholder and the general manager of the 162-hectare Hermosa Ecozone Industrial...
In order to enter the booming semiconductor market, FPT Software, the top ICT company in Vietnam, has established a new subsidiary called FPT Semiconductor. FPT Software aims to capture a significant portion of Asia Pacific’s semiconductor market, which represents 60%...
PT Vale Indonesia (PT Vale) and Zhejiang Huayou Cobalt Company (Huayou) are planning to collaborate to develop a smelter with High-Pressure Acid Leaching (HPAL) technology in Sulawesi island, Indonesia. The agreement for the same was signed by the two parties on...
Cement company CEMEX Philippines recently showcased its low carbon, eco-friendly Vertua product line and sustainability efforts during the Department of Public Works and Highway’s (DPWH) Regional Planning and Design Summit which is a week-long summit with over 200...
Electronics components manufacturer Ferrotec Holdings Corporation has announced the construction of its new manufacturing facility in Kulim Hi-Tech Park, Kedah, following its revelation of choosing Malaysia as its base to expand its manufacturing facility last May....
Samsung has just announced that it will commence mass-producing its ball grid array products at its factory in northern Thai Nguyen Province in July 2023, and it is currently at the testing stage. In addition to preparing for trial production of semiconductor chip...
American Energy Technology Company Baker Hughes announced the launch of its new oilfield services’ chemicals manufacturing facility in mid-August, which spans approximately 40,000 square meters and is the first chemicals facility for Baker Hughes in the region....
Chandra Asri Petrochemical, Indonesia’s largest integrated petrochemical company, is collaborating with LX International, a trading and investment company based in South Korea, for a potential investment in developing a Hydrotreated Vegetable Oil (HVO) facility that...
Belgian biscuit manufacturer Lotus Bakeries has ambitious plans to increase its production. The Biscoff producer announced its goal to open a factory in Thailand within the next four years to produce its caramelized biscuits for the Asian and Australasian markets. The...
As an attempt to lower risks and dependence on China, Google will begin producing its Pixel smartphones in Vietnam in 2023. Accordingly, Google will shift a small portion of Pixel 6 production to the Southeast Asian nation for training reasons even if the majority of...
IsoTruss, Inc., a US-based engineering, design, and manufacturing services provider, announced that it has opened a new 11,500-square-foot facility in the Clark Freeport Zone in Angeles, Pampanga, Philippines, to fabricate composite cell phone towers using the...
