US-based IC backend house Amkor Technology is advancing its US$1.6 billion factory in Bac Ninh, Vietnam. However, it expects much fewer employees to be required for the facility inaugurated in October 2023
Taiwan-based Wistron, a leading electronics manufacturer and Apple supplier is set to begin operations for its US$24.5 million investment in Ha Nam Province, Vietnam
Following other PCB firms' expansion moves, niche copper-clad laminate (CCL) specialist Ventec announced plans in November for a production base in Thailand, which will begin volume production in the first quarter of 2026. The expansion comes in consideration of escalating risks in the US-China trade war, aiming to enhance the company's long-term resilience through a production base in Southeast Asia
With Donald Trump ready to take office in January 2025, notebook brands are asking their upstream supply chain partners to establish plants outside Vietnam, amid growing concerns that exports from the Southeast Asian country may become the next US target for higher tariffs, according to industry sources
On December 12, 2024, Malaysia marked a significant milestone in its digital transformation journey by officially launching the National AI Office (NAIO), a dedicated institution focused on AI policies and regulations to establish the country as a leading AI hub in Southeast Asia
Days after the US government announced fresh countervailing duties on solar products from Southeast Asian countries, targeting Chinese companies, China-based solar inverter manufacturer Ningbo Deye announced its intention to invest US$150 million in establishing a subsidiary in Malaysia to manufacture solar energy and storage products
Taiwan-based tier-1 high-density interconnect (HDI) board maker Compeq Manufacturing has opened its first production base in Southeast Asia located in Thailand. The facility will initially focus on producing printed circuit boards (PCB) for low-earth orbit (LEO) satellites with mass production set to begin in the first quarter of 2025
IC distributor WT Microelectronics announced on December 16 that it will acquire a 20% stake in WT Semiconductor from Excelpoint founder and CEO Albert Phuay Yong Hen for approximately US$30.08 million. This move aims to expedite the integration process between the two companies and enhance operational efficiency
The Thailand International Motor Expo 2024 showcased 43 brands from nine regions, highlighting Chinese automakers' dominance in the EV sector. Chinese brands capitalized on growing EV demand, reshaping Thailand's automotive market and export strategies
Taiwan-based HDI board manufacturer Compeq experienced robust revenue performance in November, driven by the heightened demand for tablets and notebooks, steady shipments of low Earth orbit (LEO) satellites, and substantial orders for new models from Chinese mobile phone manufacturers
HD Renewables and ATE Energy have signed a letter of intent with San Miguel Global Power (SMGP), the power generation arm of San Miguel Corporation, to jointly develop a 1-gigawatt (GW) solar energy project in Isabela Province, Philippines
In response to the potential tariffs announced by Donald Trump, Google is expediting its move to shift production from China to Vietnam, aligning with the "China +1" strategy adopted by many companies amid ongoing US-China trade tensions
With Donald Trump poised to take office in January 2025, the acceleration of supply chain relocation is becoming increasingly evident. Tai-yuan Chang, chairman of Jarllytech, a Taiwan-based provider of hinge technology and precision components, announced plans to expand production capacity in Thailand and Vietnam amid a significant uptick in the pace at which notebook manufacturers shift operations away from China
The Biden Administration is expected to unveil new regulations by the end of the year, targeting China's acquisition of advanced AI chips through third-party nations. These measures aim to close loopholes and strengthen US control over sensitive technology exports
Foxsemicon Integrated Technology Inc. (FITI), a subsidiary of Foxconn specializing in semiconductor equipment, is expanding its footprint in Thailand with a THB10.5 billion (approx. US$311 million) investment. Approved by the Thailand Board of Investment (BOI), this initiative aims to bolster Thailand's semiconductor industry, which is rapidly becoming a regional hub for advanced manufacturing
