Vietnam Emerging as R&D Hub for Samsung and LG
Vietnam is emerging as a prominent hub for research and development (R&D) for Samsung and LG, going beyond being a global production center for the companies. Samsung has established an R&D center in Hanoi with 2,200 researchers while LG upgraded its...
Siemens to Establish Advanced Automation and Digitalization Factory in Singapore
Siemens, the global technology conglomerate, has announced a new factory in Singapore for its automation and digitalization products. The factory, expected to be completed by 2026, will cost SGD 290 million (USD 216.1 million) and create more than 400 jobs locally....
EV Specialist GAC Aion Enters Thailand with Plans for Local Production
Electric vehicle (EV) specialist GAC Aion has recently signed a memorandum of cooperation with a Thai dealer to officially enter the Thai market, initiating the brand’s internationalization. The company has also announced that it is preparing plans for...