Apple Inc. Chief Executive Officer Tim Cook is meeting Singapore's leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.
Apple CEO Tim Cook concluded his 2-day visit to Vietnam, during which he met with Prime Minister of Vietnam Phạm Minh Chính and promised to expand investment in Vietnam.
The shortage of IC design talent continues to be a problem, leading Taiwan-based IC design firms to look into government and academic resources to hire overseas talent, focusing on Southeast Asia and Eastern Europe.
Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China.
In recent years, Taiwan-based IPC (Industrial PC) manufacturers have accelerated their production diversification, driven by geopolitical factors and local manufacturing incentive policies.
Apple Inc. wants to further boost quality investment and cooperation activities in Vietnam, state-owned media VTV reported, citing Chief Executive Officer Tim Cook in a meeting with Vietnamese Prime Minister Pham Minh Chinh.
Taiwan's Young Fast Optoelectronics is poised to expand its vertical integration by adding bonding and assembly lines to its Vietnam factory in 2024, with the expansion to drive positive revenue growth for the company.
Taiwan's PCB and IC substrate market will first stagnate before seeing a sharp increase in 2024, according to Maurice Lee, chairman of the Taiwan Printed Circuit Association (TPCA).
SpaceX's satellite communication service, Starlink, has embarked on an ambitious expansion journey, with a keen focus on penetrating the lucrative Southeast Asian market. The service has already established a footprint in nations such as the Philippines and Malaysia and now sets its sights on Indonesia.
Samsung Display (SDC) is exploring new business opportunities in Vietnam and India while reducing its dependency on the Chinese market, according to Korean media outlet Bloter. The firm manufactures handsets in different sizes and market segments for the two countries.
Optical device maker EZconn is seeing strong revenue and gross profit growth in the first quarter of 2024, thanks to the robust demand from broadband infrastructure construction in the US and bandwidth demand boosted by artificial intelligence (AI).
Recently, a Meta executive for the South and Southeast Asia region stated that Vietnam has the potential to become one of the hubs for the AI industry due to the country's open policies and entrepreneurial spirit.
