Consumer Tech
Switzerland’s Cicor to acquire Malaysia factory of Singapore’s EDMI in $20M deal, targets $50M annual revenue
Switzerland's Cicor Group (SIX: CICN), a contract electronics manufacturer, will acquire EDMI Electronics Sdn. Bhd. in Johor, Malaysia, which is in turn a manufacturing subsidiary of Singapore-headquartered smart metering company EDMI Limited, for $15 million-$20 million.
U.S. Section 301 hits Southeast Asia: 10% for three, 12.5% for Singapore, Vietnam, technology escapes
New U.S. Section 301 tariffs took effect on Friday (July 24) across 60 economies, hitting seven Southeast Asian nations: Malaysia, Cambodia, and Indonesia with a 10 percent additional duty, while Vietnam, Thailand, the Philippines, and Singapore face the higher rate of 12.5 percent.
Vietnam’s QTSC, Singapore’s SSIA to cooperate in semiconductor training, R&D, investment promotion
The Quang Trung Software City (QTSC), the high-tech industrial park in Vietnam's Ho Chi Minh City, and the Singapore Semiconductor Industry Association (SSIA) will collaborate in semiconductor activities.
Taiwan’s semiconductor firm Powertech Technology to invest $400M in Singapore chip packaging joint venture with Broadcom
Taiwan's semiconductor firm Powertech Technology plans to invest $400 million to establish a chip packaging joint venture in Singapore, in a cooperation with US semiconductor giant Broadcom.
Viettel’s $1.3B chip factory helps Hanoi attract $588M in high-tech investment
Vietnam's technology giant Viettel investing $1.3 billion in a semiconductor fabrication plant in Hanoi made a major contribution to the capital city's high-tech investment attraction of $588.2 million in the first half of 2026.
Singapore-based Bitcoin miner, AI firm Bitdeer breaks ground on $36M electronics manufacturing plant in Nevada
Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure listed on Nasdaq, has broken ground on anadvanced electronics manufacturing facility in Sparks, Nevada, investing $36 million in the plant, equipment, and construction.
Australia’s Lynas, Korea’s JS Link to build rare earth magnet factory in Malaysia
Australia's Lynas Rare Earths and South Korea's JS Link will jointly develop a rare earth permanent magnet factory in Kuantan, Malaysia, following a memorandum of understanding signed in July 2025.
Samsung already invest $24B in Vietnam, to add $1B billion in 2026
Samsung Electronics plans to invest $1 billion in new capital in Vietnam in 2026, after cumulative investment in the country reached $24 billion by end of 2025, CFO of Samsung Electronics Park Soon Cheol said to Vietnamese Minister of Finance Ngo Van Tuan at a meeting in Hanoi last week.
Germany’s DDB AG acquires Singapore’s Infinium Robotics in $22M deal
German-listed Deutsche Defence Beteiligungen AG (DDB AG) has acquired Infinium Robotics, a Singapore-founded logistics technology company with deployments across Malaysian warehouse and logistics operations, in a transaction valued MYR95.6 million ($22 million).
Foxconn to invests $91.6M more across Singapore, India, Mexico
Taiwan-based electronics giant Hon Hai Precision Industry (Foxconn) will invest $91.6 million in related-party capital increases across subsidiaries in Singapore, India, and Mexico, according to three filings of Foxconn with the Taiwan Stock Exchange (TWSE) this week.
