The Southeast Asian smartphone market is rebounding, with Canalys' data showing that in the first quarter of 2024, smartphone shipments in Southeast Asia reached 23.5 million units, a 12% year-on-year increase. Transsion's performance has been particularly notable, and the growth potential in the high-end market should not be overlooked as well
Charles Shen, Chairperson of Zhen Ding, the major PCB company, stated that the first half of 2024, as in previous years, is the off-season for operations. However, compared to the lower point in the same period of 2023, there will still be annual growth. Shen emphasized that 2024 is a year of operational recovery for Zhen Ding, and the company will continue to implement its strategy of "aiming global, aiming high.
Groundhog Technologies, an AI software firm specializing in the telecommunications sector, predicts that the primary growth drivers for 2024-2025 will emerge from high-population regions like Southeast Asia, as 5G adoption accelerates in Europe, the US, and various Asian markets
Malaysian Prime Minister Anwar Ibrahim announced the National Semiconductor Strategy (NSS), with the government allocating MYR25 billion (US$5.3 billion) to foster industry development
Apple Inc. will open its first retail location in Malaysia next month as it expands its presence in Southeast Asia to augment both sales and operations outside of China
Car OEMs and tier-1 suppliers have adjusted their inventories since 2023, which affects most automotive suppliers' operations and deliveries. The adjustment is expected to be completed recently, offering companies a promising second half of 2024
The Vietnamese government is reportedly "encouraging" companies like Foxconn to conserve electricity, sparking concerns about a potential repeat of the 2023 power shortage crisis
Amid the global shifts in the chip industry, Malaysia is promoting its neutrality, non-alignment, and established IC backend industry as key advantages to advance and build a more mature semiconductor ecosystem
US chip giant Marvell Technology has opened a new office in Da Nang, central Vietnam, aiming to expand its operations and create a world-class IC design center
Liquid cooling technology is projected to double the cooling market's compound annual growth rate (CAGR) by 2025. However, the substantial capital and sophisticated technology required will likely lead to the first wave of eliminations in the cooling industry, according to Lin Yu-shen, chairman of Taiwan's thermal solutions provider Auras Technology
Cheng-wen Wu, Minister of the National Science and Technology Council (NSTC), said that Taiwan would be happy to share and transfer the experience of science park management to other friendly countries. However, Wu stressed the importance of reciprocity for mutual prosperity