In Focus
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.
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.
India’s smartphone market posts record drop in Q1: study
Despite an ongoing market slump, consumers are upgrading to 5G-ready smartphones fast.
Asian chip makers need to cut emissions as semiconductor industry’s power consumption seen doubling by 2030: study
Greenpeace says suppliers of tech giants like Apple and Microsoft should set meaningful climate goals too.
India’s smart TV market climbs 28% in 2022 as consumers upgrade to bigger screens
“Made in India” smart TVs recorded the fastest growth last year.
Three opportunities SEA countries can expect from a 'Plus One' approach
This approach is set to diversify Southeast Asia's supply chain.
India is set to be the 2nd largest solar PV manufacturing market
The module manufacturing capacity more than doubled to 38GW in March 2023.
Singapore’s manufacturing sector back to contraction territory in March
Manufacturing PMI dipped 0.1 to 49.9 in March.
When will the manufacturing recession end?
February marked the fifth consecutive month of decline in industrial production.
Over 45% of APAC manufacturers face barriers to adopt smart manufacturing
Employee resistance to tech change and lack of skills are the biggest hurdles.
APAC drives growth of global shell and tube heat exchangers market
The said market is seen to reach $18b in the next decade.
According to a report by Future Market Insights, the global shell and tube heat exchangers market is expected to reach $13b by 2023 and $18b by 2033, with a CAGR of 4.1% from 2018 to 2023.
Automotive emerges as the most important growth driver for semiconductor
This is the first time automotive outranked other applications by a significant margin in KPMG’s research.
More than half of industry leaders believe chip shortage will end mid-2023
Only 20% believe it will last until 2024 or later.
Input cost inflation reaches 6-month high in Vietnam's manufacturing sector
This adds to the sector's challenging business conditions, said S&P Global.
How much does Singapore lose each year due to supply chain disruptions?
TMX Global cites three ways to improve businesses' supply chain strategies.
ASEAN nations bear annual losses of $17b due to supply chain disruptions
The retail and wholesale sectors were amongst the hardest hit.
Singapore PMI contraction will stay longer in 2023
The index edged up 0.1 in January.