News

Global semiconductor sales rise 18.7% YoY in July

China and Asia Pacific sales also surged.

Global semiconductor sales rise 18.7% YoY in July

China and Asia Pacific sales also surged.

Visa issues for Chinese tech drive Indian manufacturing delays

India will fastrack visas for Chinese technicians.

Philippine manufacturing growth steady at 51.2 PMI in August

However, employment and purchasing activity have waned.

AI demand boosts Korean memory chip industry recovery

This recovery follows a severe downturn in 2023.

Gov’t net-zero goals drive EV demand in the Philippines

Government policies, high fuel prices, and infrastructure development drive EV adoption.

Manufacturing PMI in Malaysia remains stable at 49.7 in August

Conditions likely to stay subdued in the short term.

Malaysia's manufacturing industry operates at 82.1 % capacity in Q2

Capacity utilisation rose by 1.3 percentage points from the previous quarter.

Tech hardware firms completes phase one of China shift out

S&P Global Ratings said phase two to be more disruptive and costly.

Domestic demand for cement in India to grow at CAGR of 7%

S&P Global Ratings estimates cement companies to spend US$14.3b on additional capacity.

Asia's dominant supply chains face 'slow-motion shakeup' – S&P

New trade barriers and industrial policies have pushed firms to reassess their global supply chains, said S&P.

China leads global industrial robot market for 11th straight year

In the last three years, 430,000 industrial robots were produced in China.

Global demand for raw materials hits 2024 low in July

Asia's factory demand is at its weakest since December 2023.

Appetite for sustainable packaging in Asia wanes as inflation rises

About 58% of respondents said they are now more concerned about price comparison.

Which five key areas will the global automotive industry adopt AI in?

Advancements range from the implementation of AI to 3D printing.

Global semiconductor sales up 18.3% in Q2 

Sales in China and the Asia-Pacific region increased, but declined in Japan and Europe.