Deep Tech

Applied Materials expands Singapore manufacturing with $500M investment to support AI chip demand

Applied Materials, Inc., the US semiconductor firm, has expanded its manufacturing and research and development (R&D) operations in Singapore with the new $500 million to support the global build-out of artificial intelligence (AI) infrastructure.

Canadian aerospace manufacturer Bombardier doubles Singapore footprint with $78M investment

Canadian aerospace manufacturer Bombardier has on Tuesday announced plans to expand its Singapore Service Center at JTC’s Seletar Aerospace Park with the addition of a newly built nearby facility of approximately 250,000 square feet at S$100 million ($78 million) investment.

Malaysia tech seen entering earnings-driven upcycle despite pullback risks – analysts

Malaysia's technology sector is entering an earnings-driven upcycle as improving order books, rising book-to-bill ratios and sustained global spending on artificial intelligence infrastructure support growth prospects, analysts said, although they cautioned that the sector could face increased volatility after a strong rally this year.

Singapore’s Silicon Box secures $78M financing to accelerate growth in advanced packaging

Silicon Box, a Singapore-based advanced semiconductor panel-level packaging and chiplet integration firm, has on Monday announced that it has secured S$100 million ($77.65 million) in debt financing from leading institutional investors – funds managed by Ares Management Corporation (Ares), InnoVen Capital, January Capital Growth Credit (January Capital),…

MPA, MSC ink deal to advance sustainable and digital maritime development

The Maritime and Port Authority of Singapore (MPA) and MSC Mediterranean Shipping Company have signed a memorandum of understanding (MOU) to strengthen collaboration in maritime decarbonization, digitalization, innovation, and manpower development.

A*STAR, Commonwealth Fusion Systems sign collaborative research agreement to advance fusion supply chain capabilities in Singapore

Singapore is strengthening its position in the emerging fusion energy ecosystem through a strategic research agreement between the Agency for Science, Technology and Research (A*STAR) and Commonwealth Fusion Systems (CFS), the private fusion energy company that has raised about S$3.85 billion ($3 billion) from prominent investors, including Temasek and…

Malaysia semiconductor sector gains from China+1 Shift, AI data center demand – HLIB

Malaysia’s semiconductor industry is benefiting from accelerating China+1 supply chain diversification, deeper localization by global semiconductor equipment makers and rising demand for optical and power semiconductors tied to artificial intelligence (AI)-driven data center expansion, while a recovery at Intel is also providing support to the sector, Hong…

Hisense and East Timor ink partnership to to advance digitalization, sustainable development

Chinese electronic firm Hisense and East Timor have signed strategic cooperation agreement, joining hands to advance digitalization and sustainable development.

Capital A’s ADE secures $100M financing from QNB to accelerate expansion

Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Malaysia-based Capital A, announced Friday that it has secured a $100 million financing facility from QNB Group, a financial institutions in the Middle East and Africa, to accelerate its expansion.

Gobi-backed Malaysian IC firm SkyeChip jumps in IPO debut

Malaysia-based integrated circuit firm SkyeChip soared in its main market debut on Wednesday after the firm raised MYR 352 million ($88.62 million) from the initial public offering (IPO).