Makino Asia, a manufacturer of machining tools opened a new smart manufacturing facility in Singapore, built with an investment of SGD 100 million (USD 74 million). The facility is expected to double the double its machine production capacity through automation and...
According to media reports, Sony is closing a smartphone production plant in Beijing and shifting to Thailand. The unit has continually experienced losses over the last few quarters. A company spokesperson advised that Sony hopes to make the business profitable by...
Vinfast has established a joint venture with LG Chem to produce battery packs for Vinfast’s currently under-production electric scooters, and in the future for electric cars. Vinfast is a subsidiary of Vingroup – the largest private conglomerate in Vietnam...
On 11 March 2019, SATS Ltd. (SATS) unveiled a new SGD 25 million (USD 18.5 million) kitchen with food technologies that can preserve nutritional qualities and optimize taste while extending shelf life. The facility has an automated rice line capable of producing about...
Scania, a Swedish manufacturer of commercial vehicles, launched a new assembly facility for trucks and bus chassis in the Bangkok Free Trade Zone. The new factory, which also holds a Manufacturing facility for truck cabs, is the biggest investment in production that...
Vietnam is becoming a favored destination for solar photovoltaics (PV) manufacturers, driven by the low costs of Manufacturing in Vietnam combined with rising global demand and US tariffs of up to 165% on crystalline silicon PV solar imports from China and Taiwan to...
Pegatron Corporation, an Apple’s iPhones manufacturer, is looking to start production in April this year after it confirmed the rental of a 2-hectare factory in Riau Islands in Batam. The Taipei-based company’s investment is estimated to reach up to USD 300 million,...
Massachusetts-based silicon wafer manufacturer 1366 Technologies with its strategic partner Hanhwa Q CELLS Malaysia Sdn Bhd, a subsidiary of South Korean module manufacturer Hanhwa Q CELLS Co. Ltd. recently made a formal announcement of scaling plans for their wafer...
Gardenia Bakeries Philippines Inc. announced the inauguration of its new 2.5 hectare plant in Mindanao. The PHP 1 billion (USD 19 million) production facility is located in PHIVIDEC Industrial Estate in Misamis Oriental with the capacity of producing 130,000 loaves...
Indonesia is in the midst of finalizing a new electric vehicle (EV) policy to build its position as a lithium battery hub in the region. The proposed plan offers tax incentives to EV battery producers and automakers and introduces preferential tariff agreements with...
A locally listed company in Malaysia working with Malaysia Automotive Robotics and IoT Institute (MARii) is seeking to set up a facility in the next 18 months to manufacture 18650 lithium ion batteries of the type used in Tesla vehicles in terms of size and Energy...
The production of the first batch of bitumen was completed at a new bitumen blending facility owned by Pilipinas Shell Petroleum Corporation, the local Energy subsidiary of global giant Royal Dutch Shell. Being the only bitumen producer in the Philippines, Shell...
