Cryptocurrency has been on a red alert as of late with recent policy changes in Singapore while Thailand allows the central bank to be more involved with digital currencies.
Forward Science, a Taiwan-based supplier of vacuum pumps, has announced plans to expand its factory site in Miaoli, northern Taiwan to fulfill customer orders in the next couple of years.
Digital transformation is a difficult process, especially for traditional industries. Blutech, a Taiwan-based company in IIoT (industrial IoT), has developed a data management system to help these industries step into the new digital era.
Proceeding with its goal of setting up a local battery value chain, the world-leading manufacturer CATL recently announced a plan to build a second battery plant in Europe. The facility will be located in Debrecen, Hungary, with an annual capacity of 100GWh.
Display driver IC (DDI) specialist Himax Technologies, which saw its revenue decline 24.3% sequentially in the second quarter, expects to post another sequential drop of a larger 35-39% in the third quarter.
I always think that “people who have a free mind are wise people.” Making money is a “mundane” matter, and one probably wouldn’t need too much money once one’s mind is freed.
Taiwan-based Xintec, a WLCSP (wafer level chip scale package) specialist under TSMC, has approved a capital expense of NT$2.5 billion (US$83.33 million) to expand capacity at existing production lines and build new dedicated lines for clients, with the new capacities to start notable revenue contributions in 2025, according to company chairman CH Chen.
Last week, four Fortune 500 companies Apple, Foxconn, Tesla, and Samsung quietly chose their battlefields, endeavoring to win over SEA. Indonesia’s Pertamina, a state-owned automaker, the oil, and gas company, is back on the 2022 Fortune Global 500 list.