Siliconware Precision Industries Co., Ltd. (SPIL), a global semiconductor packaging and testing company based in Taiwan, has marked the commencement of construction for its Malaysia P1 plant at Bandar Cassia Technology Park in Penang, northern Malaysia. This...
President Ferdinand R. Marcos Jr. announced that US equity firm Cerberus and South Korea’s HD Hyundai Heavy Industries have partnered to revitalize the shipbuilding industry in Subic Bay, Philippines. This partnership is expected to boost the country’s...
Singapore is injecting USD 60 million into its National Robotics Programme (NRP) to propel robot adoption across manufacturing, logistics, and healthcare sectors. Led by the National Research Foundation (NRF) and hosted by the Agency for Science, Technology and...
Sony Semiconductor Solutions Corporation recently announced that starting in February 2024, it has begun operations with several production lines at the new fab built on the premises of Sony Device Technology (Thailand) Co., Ltd. (“SDT”), a production center...
US-based NanoForge Technologies, a subsidiary of the outsourcing firm Wagmi Solutions, is embarking on a strategic move to diversify its manufacturing operations away from China and Mexico. The company plans to establish a new facility in the Philippines, a decision...
US-based semiconductor giant TTM Technologies has committed a substantial investment of USD 200 million to establish its inaugural manufacturing plant in Malaysia. This facility, situated in Penang Science Park within the Northern region of the country, is tailored...
The South Korean producer of spandex Hyosung TNC Corp. is set to invest USD 1 billion in new bio-textile material facilities in Vietnam, aiming to propel its growth in eco-friendly sectors. The company recently obtained approval from the provincial government to...
Gstar has recently commenced the construction phase of its silicon rod and silicon wafer factory in Indonesia. In Jakarta, a new 60,000 square meter factory is under construction. The facility will feature fully digital and intelligent production processes,...
TT Vision Holdings Bhd (TTVHB), a Malaysian technology-driven company specializing in automated machine vision solutions, has forged a significant partnership with Autowell (Singapore) Pte Ltd (ASPL). This collaboration entails a MYR 167 million (USD 34.91 million)...
Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to manufacture fully electric vehicles, with local battery electric vehicles (BEV) production...
Japanese plastic maker Kuraray has announced a strategic investment to establish a new production facility for EVOH (ethylene-vinyl alcohol copolymer) resin at Kuraray Asia Pacific Pte. Ltd., a fully-owned subsidiary in Singapore. This initiative reflects the...
In March 2024, VDL ETG, the high-tech cluster of VDL Groep, ratified cooperation with Frasers Property for the construction of a new facility in Vietnam to make semiconductor manufacturing components. The construction of the new VDL factory in the northeast of Vietnam...
