Foreign investment updates about electronic manufacturing industry
Update
LEM (SIX: LEHN), a leading manufacturer of current and voltage sensors, is making a significant investment in its future with the opening of a new factory in Penang, Malaysia. This expansion reflects the growing global demand for LEM's products, driven by the increasing need for decarbonization across various
Update
According to Reuters, Apple may set up shop in Indonesia. Following a meeting with Indonesian President Joko Widodo, Apple CEO Tim Cook announced the company will "look at" the possibility of building a manufacturing facility in the country. Why Indonesia? * Growing Market: Indonesia boasts a large and tech-savvy
Update (Divestment)
According to UDN News, Innolux, a leading provider of LCD panels and touch solutions headquartered in Taiwan, will close its Nanjing module factory and transfer its equipment to its Ningbo factory. The company is laying off employees in batches, affecting about 2,395 people. These employees will be provided with
Update
Asian electronics manufacturer Etron Technology, headquartered in Taiwan, has leased 3,600 sq m of production space at CTPark Oradea Cargo Terminal, according to the announcement made by European real estate developer CTP. This move signifies Etron's plan to establish a high-tech production facility in Europe and expand
Update
Neways, a leading innovator in mission-critical technology, has announced the construction of a new state-of-the-art manufacturing facility in Klang, Malaysia. This strategic expansion bolsters Neways' global footprint and service capabilities for its extensive clientele. The facility, expected to open in Q4 2024, is projected to create over 200 new