News

Nexperia and Tata Electronics deepen India’s semiconductor manufacturing push

Nexperia and Tata Electronics have formed a broad semiconductor partnership covering wafer fabrication, assembly, testing, technology development and supply resilience in India.

Huawei unveils million-processor architecture as it accelerates AI chip roadmap

Huawei has unveiled its Peerium architecture for linking up to one million processors while accelerating its next-generation Ascend AI chip roadmap.

Applied Materials commits $5B to expand India semiconductor footprint

Applied Materials plans to invest $5 billion in India over the next decade, expanding research, suppliers and workforce as the country builds its chip ecosystem.

France’s Schneider Electric to invest $20M to upgrade distribution hub in Singapore

France's energy giant Schneider Electric will invest S$25 million ($19.6 million) in upgrading it smart automation and digital capabilities at its Hub Asia Distribution Center in Tuas, Singapore.

Italy’s export-credit agency guarantees $200M loan for Vietnam’s EV maker VinFast

Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.

Costa Rica joins Chile, New Zealand, Singapore and South Korea as DEPA’s fifth party

Chile, New Zealand, Singapore and the Republic of Korea, Parties to the Digital Economy Partnership Agreement (DEPA), have welcomed Costa Rica as the DEPA’s fifth Party, and the second member to accede to the agreement.

Data center-led demand growth will drive substantial investments in Malaysia’s power sector – Moody’s

Rapid data center expansion in Malaysia (A3 stable) will drive an increase in electricity demand over the next ten years, requiring substantially higher investments across the power sector, Moody's Ratings said on Thursday.

Maybank foresees Atome to contribute $200-$220M of EBITDA to Grab by 2028

Maybank Investment Bank estimated Atome to contribute about $200 million to $220 million of earnings before interest, taxes, depreciation and amortization (EBITDA) to Grab Holdings by 2028.

AI infrastructure boom is far from over amid capacity expansion – BIMB

BIMB Securities believes the artificial intelligence (AI) infrastructure boom is far from over, as hyperscalers continue to expand capacity while the pursuit of more capable AI models fuels ongoing upgrades across servers, networking equipment and data centers.

Malaysia’s solar opportunities to remain robust over the next five years – UOB Kay Hian

Solar and battery energy storage system (BESS) engineering, procurement, construction, and commissioning (EPCC) opportunities in Malaysia will remain robust over the next five years, UOB Kay Hian said on Monday.