Manufacturing
China overtakes Japan as world’s top car exporter on strong EV sales
Car exports rose significantly in Q1 as Chinese EV brands gained popularity overseas.
China overtakes Japan as world’s top car exporter on strong EV sales
Car exports rose significantly in Q1 as Chinese EV brands gained popularity overseas.
India's labor market transformations boost manufacturing competitiveness
Young workers and policy reforms drive manufacturing growth despite challenges.
India's policy reforms drive manufacturing growth through simplified taxation and infrastructure
Reduced bureaucratic hurdles and regional development set to bolster foreign and domestic investment
US chipmaker Micron to invest JP¥500b to manufacture next-gen memory chip in Japan
Japan secured investment pledges from global semiconductor firms like Micron, TSMC.
BMW to invest RMB10b for new battery production plan in China
The batteries will be crucial in the planned local production of its Neue Klasse EVs by 2026.
Toyota’s full-year net profit drops 14% on rising costs
Toyota aims to sell 11.38 million cars globally this year as it ramps up EV push.
China’s BYD eyes EV production plant in Vietnam, says government
With its Thailand plant slated to open next year, BYD plans a second factory to boost production in Southeast Asia.
‘Significant potential in renewable energy manufacturing awaits Southeast Asia’
The region should boost its production of solar PVs, e-motorcycles and batteries.
ASEAN manufacturing rises to seventh-month high in April
Thailand’s PMI outperformed its neighbors by a huge margin last month.
Ayala’s IMI inks $250m deal with American car maker to set up first e-motorcycle factory in the Philippines
IMI is set to assemble around 18,000 Zero e-motorcycle units each year in its manufacturing plant in Laguna.
Hyundai Mobis struggles with one-off costs in Q1 2023
Despite setbacks, analysts see these investments as key to Q2 rebound.
China’s manufacturing activity contracts in April: official data
The official April PMI marked China's first contraction in its manufacturing sector since December.
Samsung’s semiconductor business swings to loss in Q1
Samsung expects chip demand to rebound in the second half
Taiwanese chip giant TSMC’s net income up 2% in Q1, warns of slowing sales
TSMC posted NT$508.6 billion in Q1 sales but warned revenues may drop further to around NT$462 billion in Q2
Apple sets up first shop in India as part of retail push
After 25 years of operation in India, this marked the US tech giant’s first official store in the country.
India’s smart TV market climbs 28% in 2022 as consumers upgrade to bigger screens
“Made in India” smart TVs recorded the fastest growth last year.
Taiwanese manufacturer of Nike, Adidas shoes commits $280m for first factory in India
The Taiwanese sports shoe maker says this can be the first of many investments in the country.
