Samsung Electronics Plans to Invest Around USD 1 billion Annually in Vietnam
Samsung Electronics has committed to increasing its annual investment in Vietnam to USD 1 billion, recognizing the country as a crucial manufacturing hub in the region. As Vietnam’s leading foreign investor, Samsung Electronics aims to strengthen its investment ties...
SPIL Breaks Ground on USD 1.4 Billion Semiconductor Plant in Penang, Malaysia
Siliconware Precision Industries Co., Ltd. (SPIL), a global semiconductor packaging and testing company based in Taiwan, has marked the commencement of construction for its Malaysia P1 plant at Bandar Cassia Technology Park in Penang, northern Malaysia. This...
US Investment Firm Cerberus and South Korea’s HD Hyundai Partner to Revitalize Shipbuilding in Subic Bay
President Ferdinand R. Marcos Jr. announced that US equity firm Cerberus and South Korea’s HD Hyundai Heavy Industries have partnered to revitalize the shipbuilding industry in Subic Bay, Philippines. This partnership is expected to boost the country’s...