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While GM expects the situation to improve in the second half, issues like the COVID outbreak in Malaysia are still hitting the chip industry, Paul Jacobson GM's CFO said.
SEOUL (Reuters) -Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
EPF, Moody’s outlook on economy, KL Kepong and IJM Plantations, Creador and Tealive among top read stories
The commodity market is experiencing a major boom thanks to the massive stimulus by the world’s major economies.
THE rising prices of various raw materials are impacting the cost of production of many firms. But one particular industry stands out, namely that of green energy.
Moody’s Analytics expects Malaysia’s Industrial Production Index (IPI) growth to ease in the coming months due to tighter restriction measures and production capacity limitations, which will inevitably dent output.
RM8.5bil investment in Kulim Hi-Tech Park facility
It looks like its good news for the semiconductor sector with the World Semiconductor Trade Statistics organisation raising its global semiconductor sales forecast for this year, backed by a healthy growth trajectory.
Austria-headquartered AT&S, which manufactures high-end printed circuit boards and substrates for semiconductors will set up a production plant in Malaysia, its first in Southeast Asia.