Singapore Secures USD 7.8 Billion Chip Plant from NXP and TSMC-backed Vanguard
TSMC-backed Vanguard International Semiconductor and Dutch chip giant NXP are set to build a USD 7.8 billion wafer manufacturing plant in Singapore. Vanguard will hold a 60% stake in the joint venture, named VisionPower Semiconductor Manufacturing Company (VSMC),...
Chery Launches First ASEAN Assembly Plant in Malaysia
Chery Corporate Malaysia Sdn Bhd has inaugurated its first local assembly plant in Shah Alam, Selangor state of Malaysia, for its premium SUV sub-brand, Jaecoo. This facility, dedicated to producing the Jaecoo J7 model, represents a significant step in Chery’s...
Nokia and Foxconn Collaborate to Produce 5G AirScale Equipment in Vietnam
Nokia is partnering with Foxconn to manufacture its 5G AirScale equipment at Foxconn’s factory in Bac Giang province. Under this collaboration, Foxconn will produce Nokia’s 5G AirScale equipment, including the latest AirScale Massive MIMO radio products....