News

China’s manufacturing activity hit five-month low in May

The slump in new orders, production, inventory and employment dragged the official manufacturing PMI last month.

China’s manufacturing activity hit five-month low in May

The slump in new orders, production, inventory and employment dragged the official manufacturing PMI last month.

Fujifilm shifts from printing to solutions for digital-first future

Hideaki Kato shares how Fujifilm is leading the imaging industry’s evolution with AI integration.

iPhone 14 discounts continued to rise in China, Jefferies says

E-commerce sites are giving more discounts on iPhone 14 models amid weak smartphone sales.

China overtakes Japan as world’s top car exporter on strong EV sales

Car exports rose significantly in Q1 as Chinese EV brands gained popularity overseas.

India's labor market transformations boost manufacturing competitiveness

Young workers and policy reforms drive manufacturing growth despite challenges.

India's policy reforms drive manufacturing growth through simplified taxation and infrastructure

Reduced bureaucratic hurdles and regional development set to bolster foreign and domestic investment

US chipmaker Micron to invest JP¥500b to manufacture next-gen memory chip in Japan

Japan secured investment pledges from global semiconductor firms like Micron, TSMC.

BMW to invest RMB10b for new battery production plan in China

The batteries will be crucial in the planned local production of its Neue Klasse EVs by 2026.

Toyota’s full-year net profit drops 14% on rising costs

Toyota aims to sell 11.38 million cars globally this year as it ramps up EV push.

China’s BYD eyes EV production plant in Vietnam, says government

With its Thailand plant slated to open next year, BYD plans a second factory to boost production in Southeast Asia.

ASEAN manufacturing rises to seventh-month high in April

Thailand’s PMI outperformed its neighbors by a huge margin last month.

Ayala’s IMI inks $250m deal with American car maker to set up first e-motorcycle factory in the Philippines

IMI is set to assemble around 18,000 Zero e-motorcycle units each year in its manufacturing plant in Laguna.

Hyundai Mobis struggles with one-off costs in Q1 2023

Despite setbacks, analysts see these investments as key to Q2 rebound.

LG reports second highest Q1 revenue and strong profitability in First-Quarter 2023 Results

The company attributes success to improved operations efficiency while expanding B2B and non-hardware businesses.

China’s manufacturing activity contracts in April: official data

The official April PMI marked China's first contraction in its manufacturing sector since December.

Samsung’s semiconductor business swings to loss in Q1

Samsung expects chip demand to rebound in the second half

Singapore, Germany collaborate for manufacturing and tech projects

This also marks the inaugural NRW-Singapore Open Innovation Call.