News

Worldwide chip sales up 20.7% in November

The Americas, China, and Asia Pacific scored significant gains.

Worldwide chip sales up 20.7% in November

The Americas, China, and Asia Pacific scored significant gains.

South Korea factory activity contracts in December

Production outlook turned negative for the first time since the pandemic.

China manufacturing activity contracts in January

PMI for equipment manufacturing sector expanded for the sixth consecutive month.

Global manufacturing activity contracts in 2024

Business optimism is also at a 3-month low.

Japan's manufacturing sector sees lowest contraction in 3 months

Input price inflation and weakened demand remain a challenge

Philippines posts highest PMI in Southeast Asia: S&P Global

The country's PMI surpassed the ASEAN average of 50.8 and outperformed regional peers. 

Infrastructure emerges as key driver of ASEAN economic resilience

Thailand has experienced a surge in public investment, with a 25.9% increase in Q3 2024.

Developing Asia sustains exports with strong AI-driven semiconductor demand

Taipei saw strong export growth from high AI demand, though increased imports and weak consumption offset net export gains.

What Trump’s second term means for Asian manufacturers

One of the key policy changes expected is the introduction of higher tariffs on key trading partners.

Different plays for OEMs to consider for decarbonised heat technologies

McKinsey highlighted four key areas on which they can evaluate their approaches.

Global semiconductor sales up 22.1% YoY in October

Global sales are poised to reach $697.2b in 2025.

Japan’s climate change measures to spur innovation in agri-food manufacturing sector

Japan has introduced temperature-resistant varieties of rice, fruits, and vegetables amongst others.

Gen AI key to overcoming supply chain complexity: report

Companies without digital transformation may fail to sustain business processes, Boston Consulting Group warned.

Supply Chain resilience fuels 18% increase in Global M&A Activity in Q3 2024

Despite prevailing high interest rates, subdued economic expansion.

APAC's xEV batteries market expected to reach 29.9 million units by 2029

Thailand and Indonesia are amongst the region's key players.

How gen AI can be the packaging and paper industry’s next frontier

Mckinsey & Company has identified building capabilities in six areas.