Despite challenges including inflation, inventory destocking, and demand slowdown, many printed-circuit board (PCB)-related manufacturers remain optimistic about the medium- and long-term...
Southeast Asia's largest economy has decided to give itself more time to build a local EV hub. Indonesia announced on August 10 that it will push back the deadline for EV incentives...
Hyundai Mobis, a Hyundai Motor affiliate, has taken a step forward to diversify its customer base. The automotive parts supplier announced on August 9 that it has secured a large-scale...
President Joko Widodo's ambition of building out Indonesia's electric-vehicle supply chain is seeing another step forward with plans for a cathode plant.
Thailand is on track to be the EV hub in Southeast Asia. According to research firm Counterpoint, Thailand accounted for 78.7% of the battery EV sales in the region in the first quarter...
EV charging station deployment has increased thanks to automotive electrification. More companies are entering the charging segment, prompting business consolidation worldwide.
Shanghai-based SAIC Motor is poised to scale up in Europe. The automaker said on July 4 that it saw car sales outside China grow by 40% in the first half of the year, driven mainly...
After experiencing a long inventory adjustment period, Taiwan-based Win Semiconductors, Visual Photonics Epitaxy Company (VPEC), and Advanced Wireless Semiconductor Company (AWSC)...
More China-based EV makers are expanding in Southeast Asia: Great Wall Motor (GWM) aims to enter the Vietnam market in August. GAC Aion has launched its operations in Thailand, planning...
Indonesia's largest taxi operator will turn to BYD Co. for 80% of its electric-vehicle fleet while reviewing its Tesla Inc orders as lower-cost models win out in the country.
Hyundai Motor and LG Energy Solution have embarked on a joint effort to scale up in the US. The pair announced on May 26 that they will build an EV battery cell plant together in...
According to Counterpoint's monthly Indonesia smartphone tracker, Indonesia's smartphone shipment for the first quarter of 2023 saw a 7.6% YoY decrease. The reason is a 25.8%...
As manufacturers embark on massive relocation efforts to build a more resilient supply chain, Apple is expanding its supplier base in most Asian countries.
South Korean Trade, Industry and Energy Ministry announced on May 23 that the government and local automakers will invest KRW14.3 trillion (US$10.9 billion) in the automotive component...
Contract electronics maker Pegatron has announced plans to purchase land and a building in Taoyuan, northern Taiwan, for a total of NT$755 million (US$24.6 million).
