South Korea’s LCS Emon to Establish EV Assembly Operations in the Philippines
The Philippine Economic Zone Authority (PEZA) has officially registered South Korean firm LCS Emon Commercial Corp. as a domestic market enterprise, allowing the company to set up an electric vehicle (EV) assembly plant in Malvar, Batangas. The agreement, finalized on...
HP Unveils Manufacturing Transformation Centre in Penang to Boost Industry 4.0 Adoption
HP has launched its Manufacturing Transformation Centre (MTC) in Penang, Malaysia, as part of its efforts to drive Industry 4.0 adoption in the region. The facility is designed to support the digital transformation of manufacturing processes by showcasing advanced...Infineon Diversifies Its Manufacturing Footprint with New Backend Fab in Thailand
Infineon Technologies has initiated the construction of a new semiconductor backend production facility in Samut Prakan, located south of Bangkok, marking a significant step in optimizing and diversifying its global manufacturing operations. The first phase of the...