Samsung Electronics Vice Chairman Considers Investment in Vietnam

Samsung Electronics Vice Chairman Considers Investment in Vietnam

In October 2020, Samsung Electronics Vice Chairman Lee Jae-Yong had a meeting with Vietnamese Prime Minister Nguyen Xuan Phuc to discuss possible investment plans. Samsung is the biggest South Korean investor in Vietnam, where it manufactures around half of its...
SEIPI to Partner with Malaysian and French Chip Makers

SEIPI to Partner with Malaysian and French Chip Makers

The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) plans to work with industry associations in Malaysia and France to implement activities, including research and development (R&D) and training to help promote the growth of the...
Siemens Launches Advance Manufacturing Transformation Center

Siemens Launches Advance Manufacturing Transformation Center

Siemens has launched its Advance Manufacturing Transformation Center (AMTC) in Singapore to provide guidance, support, and training to companies in South East Asia on their journey of adoption, transition, and transformation towards advance manufacturing. AMTC is the...
Suntech’s New 500-MW Solar Factory to Double Capacity

Suntech’s New 500-MW Solar Factory to Double Capacity

Suntech, a Chinese producer of solar panels, announced the launch of its 500 MW high-efficiency integrated PV cell and module manufacturing project in Indonesia, making available solar modules for customers in the US and Indonesia. The plant’s annual capacity is...
Sumitomo Investing in New Wire Harness Factory in the Philippines

Sumitomo Investing in New Wire Harness Factory in the Philippines

Sumitomo Wiring Systems, Ltd., a subsidiary of Japan’s Sumitomo Electric, is investing in a wiring harness manufacturing facility in Pangasinan that would generate 10,000 jobs upon becoming fully operational. Sumitomo broke grounds on September 16, 2020 for this...
Thai Developer to Build Two Industrial Parks in Vietnam

Thai Developer to Build Two Industrial Parks in Vietnam

WHA Industrial Development Group, a leading industrial estate developer from Thailand, is currently seeking approval to build two industrial parks in Thanh Hoa province, on 1,300 hectares of land. According to statements from the provincial government, the first park...
Chinese Firm Invests in Lithium Battery Production in Indonesia

Chinese Firm Invests in Lithium Battery Production in Indonesia

China’s Contemporary Amperex Technology (CATL) has invested USD 2.6 billion in building the largest lithium battery production facility in Indonesia. This is in line with Indonesia’s efforts to develop the downstream industry as the country banned exports of nickel...