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Singapore to build largest industrial district cooling system by 2025
SINGAPORE (The Straits Times/Asia News Network): The Republic will get its largest district cooling system at an industrial development in Ang Mo Kio by 2025, as uptake of the energy-saving technology speeds up on the tropical island.
Dnex teams up with chip giant Foxconn
Tie-up to build wafer fabrication plant in Malaysia
DNeX, Foxconn unit to build and operate wafer fabrication plant in Malaysia
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Big Innovation Holdings Limited (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry Co Ltd (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
Manufacturers mull return to home market
TOKYO: Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co executive.
Top China chipmaker, Apple suppliers succumb to Covid-19 lockdowns
CHINA’s biggest chipmaker and a major iPhone supplier cut their outlooks for the second quarter, joining a growing list of manufacturers warning about the fallout from lockdowns aimed at containing the country’s worst Covid outbreak in two years.
Short Position: Bring the workers, Good Growth, Chip sweet spot
MANY are not in favour of the government’s proposal to slash crude palm oil (CPO) export tax to between 4% and 6% and also, to slow down its B20 biodiesel programme to boost export earnings from the record high commodity prices.
Germany's Rheinmetall has 5-yr supply of semiconductor chips - Rheinische Post
FRANKFURT (Reuters) - German military equipment maker Rheinmetall's chip supplies should last five years after it spent 500 million euros ($519 million) this year to ramp up inventory of semiconductors and electronic components, Rheinische Post reported on Friday.
Cnergenz’s IPO oversubscribed by 40.32 times
KUALA LUMPUR: ACE-Market bound Cnergenz Bhd's initial public offering (IPO) has been oversubscribed by 40.32 times.
Samsung in talks to hike chipmaking prices by up to 20% - Bloomberg
SEOUL (Reuters) - Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday.