Samsung Display Invests USD 1.8 billion in New OLED Plant in Vietnam
The South Korean display manufacturer Samsung Display is set to establish a USD 1.8 billion organic light-emitting diode (OLED) production line in Vietnam, focusing on small- to medium-sized panels for laptops and tablets. This announcement follows a memorandum of...
Silicon Valley’s Enovix Unveils USD 1.2 Billion Battery Manufacturing Facility in Malaysia
Silicon Valley-based battery technology company Enovix Corporation has inaugurated its first high-volume manufacturing facility, Fab2, in Penang, Malaysia, focusing on the production of high-energy density batteries. The company plans to invest USD 1.2 billion over...
Nissin’s USD 21.78 million Biscuit Factory in Davao Approved by BOI
The Board of Investments (BOI) has approved Monde Nissin Corporation’s USD 21.78 milion investment in a new biscuit manufacturing facility in Davao City. The facility, located in Barangay Ilang, Bunawan, is dedicated to producing butter coconut biscuits and is...