US-China trade tensions and high tariffs are reshaping the global power semiconductor industry, creating both challenges and opportunities. Taiwanese firms are adopting capacity relocation strategies and bolstering partnerships with Southeast Asia, Europe, and the US to leverage geopolitical advantages and prepare for potential tariff escalations as Trump returns to office

Power Technology is implementing a four-pronged strategy for 2025, focusing on high-wattage notebook power supplies, communication power supplies, server power supplies, and intelligent low-carbon integrated platform solutions to drive growth with new products and projects for a new clientele

Luxshare-ICT plans an additional US$208.5 million investment in Vietnam's Nghe An province, set to boost annual production and create 25,000 jobs. The expansion strengthens Luxshare's global market share as the industry prepares for potential US tariff hikes following the company's acquisition of Wingtech's ODM business, further cementing its position in the EMS industry

Solar cell maker Tainergy Tech has failed to fend off competition from Chinese makers despite its diversification to SiC manufacturing

SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time when it is struggling to compete in the post-ChatGPT era

Thailand, known as the "Detroit of the East," is experiencing a transformative shift toward EVs despite the current dominance of fuel-powered cars. This transition is supported by its robust automotive industry and favorable policies from the Thai government, which aims to expand its role in the global electric vehicle supply chain amidst ongoing geopolitical challenges

Japanese printed circuit board (PCB) manufacturer Meiko has doubled its market value, driven by the need for the global supply chain relocation away from China. By proactively setting up production facilities in Vietnam, Meiko has become a key player amidst the US-China tensions. Satellite communications opportunities have also significantly boosted its revenue growth

Southeast Asia has cemented its position as a crucial hub for technological advancement in 2024, particularly in AI, semiconductors, and electric vehicle (EV) transformation. The region's governments are carefully navigating the challenge of attracting foreign investment while fostering local industry growth, a balance that continues to reshape the economic landscape