Manufacturing

Tepid recovery awaits manufacturing sector in 2H23

Industrial production contracted 4.9% YoY in June.

Prospects for TSMC still positive despite 10% revenue drop in Q2: analyst

The firm will continue to benefit from robust demand for chips in the years to come.

Outlook still positive for China’s semiconductor sector with shift to mature processes

SMIC will likely have to delay expansion plans in its Beijing and Shanghai fabs.

TSMC ‘lacklustre’ in meeting green energy goals: Greenpeace

Since committing to 100% renewable energy usage by 2050 in 2020, the chipmaker has increased green power use by just 2.8%.

Confidence among Japan’s big manufacturers improve for first time in nearly two years

Last quarter’s improvement snapped the five consecutive quarters of declining optimism among the large firms.

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.

China’s factory activity slows in June, manufacturers less optimistic: survey

Sluggish global economy dampens new orders for the country widely known as the world’s factory.

ASEAN manufacturing PMI slows further in June: S&P

Thailand continued to lead the pack while manufacturing conditions in Malaysia and Vietnam deteriorated further.

Will SG’s manufacturing momentum improve in 2H23? 

Manufacturing output contracted anew in July, by 10.8% YoY.

Wider electric car adoption seen driving auto sales in South Korea: Fitch

Fitch expects vehicle sales in the country to rise by an average of 2.5% each year through 2032.

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.

China smartphone market seen bottoming in Q3: analyst

UOB’s top picks are Sunny Optical and Xiaomi.

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.

ASEAN manufacturing PMI slows in May on subdued demand

Five of the seven Southeast Asian nations surveyed reported improving manufacturing conditions last month.