In August, backlight module manufacturers Radiant and Coretronic both reported roughly flat revenues. Looking ahead to the third quarter of 2024, however, both companies believe their operations have the potential to improve. In addition, both companies are expanding their production in Vietnam due to geopolitical factors
To address evolving market and customer demands, Joinsoon Electronics Manufacturing Co Ltd is expediting its capacity transfer. The phase-two expansion at its Thailand facility has been completed and is set to begin production in the third quarter of 2024
As part of its efforts to strengthen its global sales strategy, Ennoconn announced on the evening of September 4 its plan to acquire a 53.38% stake (193,173,439 shares) in Nera Telecommunications (NERA) from major shareholder Asia Systems Ltd
Reports suggest that Intel's expansion plan in Penang, Malaysia, has been "partially delayed," sparking public curiosity about its potential connection to Intel's global layoff plan. However, Intel has since refuted these claims, asserting that there will be no changes to the expansion plan and denying earlier reports of any delays
Topco Scientific, a supplier of semiconductor materials, anticipates substantial sales growth for advanced packaging materials in 2025 due to demand generated by AI applications
Indian Prime Minister Narendra Modi visited Singapore, where he met with his counterpart and signed a series of Memorandums of Understanding (MoUs), including one focused on semiconductor cooperation. This makes Singapore the fourth country, following the US, Japan, and Malaysia, to establish a semiconductor partnership with India
In June 2024, Vanguard International Semiconductor (VIS) and NXP unveiled plans to collaborate on establishing VSMC in Singapore, where they will build a 12-inch wafer fabrication plant. On August 4, 2024, they officially confirmed that they have secured the required approvals and will move forward with the investment, which amounts to approximately US$7.8 billion
The electronics industry of the world and in Taiwan is at a crossroads, driven by geopolitical shifts and the ever-present need to diversify supply chains. Firms that once thrived in China are now scouting new homes in ASEAN and Vietnam, places where the cost of production and the availability of skilled labor offer both challenges and opportunities
Following a semiconductor collaboration with Malaysia, India further expanded its partnership with Singapore to include advanced manufacturing, semiconductors, aviation, and other sectors in their latest ministerial roundtable
Amazon's subsidiary, AWS, announced that its Region in Malaysia is now open, and it will be investing over US$6.2 billion in the country through 2038. Recently, Microsoft has also announced investment plans for cloud servers and AI infrastructure in Malaysia, Indonesia, and Thailand, indicating that the cloud service market in Southeast Asian countries will experience accelerated growth
In cooperation with the Vietnamese government's active promotion, Samsung Electronics is reportedly considering establishing a semiconductor assembly line in Vietnam. With Samsung currently operating large factories for products such as mobile devices and display modules in Vietnam, there are hopes of synergistic benefits
Tongtai Machine & Tool is actively expanding its semiconductor equipment business to meet the increasing demand for AI device applications and anticipates revenue from this segment to grow as a proportion of company revenue
Apaq Technology, a specialist in solid electrolytic capacitors, has acquired land adjacent to its existing plant in Malaysia for a second phase expansion, with construction expected to be completed in the fourth quarter of 2025
