Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy’s LCTP battery pack with a capacity of 60 kWh, providing a CLTC range of up to 500 kilometres. The pack is based on lithium iron...
Reuters has recently reported that leading auto manufacturers from Japan have plans to invest THB 150 billion (USD 4.34 billion) in Thailand over the next five years, propelling the Southeast Asian country’s transition to electric vehicles production....
Nvidia confirmed intentions to deepen collaboration with high-tech companies in Vietnam, with a focus on fostering local expertise in artificial intelligence (AI) and digital infrastructure development. The US firm also revealed plans to establish a chip center in...
Hitachi Energy recently inaugurated a new transformers factory in Bac Ninh province of Vietnam. The new facility specializes in liquid-filled power and distribution transformers. It is set to nearly double the Hitachi’s previous factory’s annual capacity...
PepsiCo, Inc. has announced ambitious plans to invest USD 90 million in the construction of a snack plant in Ha Nam Province of Vietnam. The new facility, which will occupy 80,000 square meters overall, will be constructed at the Dong Van I Expanded Industrial Park....
Siltronic, a major player in the semiconductor industry, has achieved a significant milestone with the production of the first wafers in its new state-of-the-art 300 mm fabrication facility (fab) in Singapore. This marks a key step in the strategic expansion of...
GC Biopharma, a South Korean biopharmaceutical company, recently started the construction of a plasma fractionation plant at the Jababeka Industrial Estate in Indonesia. This initiative is part of the company’s broader efforts in constructing overseas plants....
In mid-October 2023, Leica Microsystems, a microscopy and scientific instrumentation company from Germany, announced the opening of its new USD 60 million medical manufacturing and R&D facility in Singapore. One of the company’s four global production sites, its...
LONGi Malaysia Sdn Bhd, a subsidiary of the world-leading photovoltaic panel manufacturer LONGi Green Energy Technology Co. Ltd, has officially inaugurated its Serendah Module Plant in Selangor, marking a significant investment of MYR 1.8 billion (USD 385 million)....
Italian bicycle tire manufacturer Vittoria just announced the opening of a new factory in Thailand dedicated to the production of cotton tubular and clincher bicycle tires. The EUR 20 million (USD 21 million) investment will expand the Vittoria Tires Thailand (VTT)...
Unilever Philippines has opened a production powerhouse in Cavite for its Beauty & Wellbeing and Personal Care businesses. The EUR 80 million (USD 86.8 million) investment will see the factory’s production ramped up by 15%, increasing local jobs and accelerating...
In October 2023, Amkor Technology, the world’s largest US-headquartered OSAT (outsourced semiconductor assembly and test) service provider, announced the grand opening of Amkor’s newest factory in Bac Ninh Province, Vietnam. The USD 1.6 billion chip factory will...
