Deep Tech

Singapore-based iWOW Technology Limited announced Wednesday it has completed the placement of 66.67 million new ordinary shares at a placement price of S$0.225 ($0.17) per placement share raising gross proceeds of approximately S$15 million.

Ambiq Micro, Inc., a US technology firm in ultra-low power semiconductor solutions for edge AI, announced Thursday its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX).

Novo Tellus, a Singapore-based investment firm focused exclusively on industrial and technology companies, announced Wednesday the closing of a significant investment in Russell Mineral Equipment (RME), a mill relining systems and aftermarket services firm for the mining and mineral processing industries.

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 plans to invest $400 million to establish a chip packaging joint venture in Singapore, in a cooperation with US semiconductor giant Broadcom.

Maybank Investment Bank expects demand from artificial intelligence (AI)-related fields to remain strong and should be the key growth driver of the semi-con sector in Singapore.

Artificial intelligence (AI) and data center-related demand is expected to remain the key growth driver for Malaysia’s technology sector in the second half of 2026, supported by sustained hyper scaler spending and a global semiconductor industry riding an AI-led investment boom, according to several research houses.

Malaysian Technology Development Corporation Sdn. Bhd. (MTDC) has on Wednesday officially launched SemiconStart Malaysia, a national semiconductor incubation program designed to support the growth of high-potential Malaysian and Malaysia-based semiconductor ventures in higher-value segments of the global semiconductor value chain.

Digital Penang and OSK Ventures International Berhad have signed a one-year memorandum of understanding to strengthen access to growth capital for startups and SMEs in Penang, Malaysia, with a focus on AI, Hardtech, and Deeptech sectors.

Maybank Investment Bank has turned positive on the Malaysian technology sector amid improvement in the earnings outlook and rising exposure across the space to global AI and data-center (DC)spending.