In Focus
Manufacturing driving IoT spending in Asia Pacific
China is the biggest spender in IoT across the region.
Manufacturing driving IoT spending in Asia Pacific
China is the biggest spender in IoT across the region.
Indian steelmakers’ expansion spree seen relying on local demand, says S&P
The country’s top producers estimated to spend US$100b for their growth ambitions.
China needs stronger gov’t push to meet EV goals following disappointing sales: UOB
Made in China electric cars will likely continue to gain a wider audience overseas.
Tepid recovery awaits manufacturing sector in 2H23
Industrial production contracted 4.9% YoY in June.
Generative AI seen contributing AU$5b to Australia’s manufacturing sector by 2030
AI uses range from design, task automation, data analysis to rapid training of workers.
Manufacturing sector seen as key growth driver of Indian economy: DBS
Electronics exports may be the strongest sector now but further growth may rely on semiconductors and EVs in the near future.
Survey shows factory workers seek positive, tech-driven workplace
Six out of ten will opt for a lower pay to transfer to a factory with higher tech-adoption.
ASIC chip market to outperform AI chip in South Korea
The ASIC chip CAGR market sales to post 44% over FY23-FY27 globally.
Will SG’s manufacturing momentum improve in 2H23?Â
Manufacturing output contracted anew in July, by 10.8% YoY.
AI, robotics, electric cars seen as key investment themes this yearÂ
Market remains highly uncertain so investors are advised to be selective.
Majority of Chinese motorists consider going electric over petrol, the highest globally: survey
German cars are still the most popular among consumers but Chinese brands are catching up fast, according to Simon-Kucher.
US-China chip war to hit Korean tech giants but no lasting damage, says Fitch
Samsung and SK hynix may even benefit from higher chip prices as China bans Micron products.
Singapore seen attracting semiconductor firms diversifying away from China: DBS
Analysts said the sweet spot is in integrated device manufacturers.
Fitch Ratings says APAC chip makers to ride out market downturn
Rising demand for higher quality devices will support bit shipment growth in memory chips this year.
Apple bucks trend for declining phone sales in Southeast Asia: study
Overall smartphone shipments fell 13% in Q1 but iPhone rose 18% in the same period
Foreign car makers may see market share in China shrink on slow EV transition: study
Car manufacturers that are faster to adopt EVs will have an edge in the world’s largest auto market.
‘Significant potential in renewable energy manufacturing awaits Southeast Asia’
The region should boost its production of solar PVs, e-motorcycles and batteries.
