Ally Logistic Property (ALP), a Taiwan-based logistics developer actively expanding into the Southeast Asian market, has expressed concerns over the region's labor shortages.

Taiflex Scientific, a specialist in flexible PCB materials such as flexible copper clad laminates (FCCL), celebrated the grand opening of its Thailand plant on May 15 at the Amata City Chonburi Industrial Estate.

Tencent Cloud, the cloud business of global technology company Tencent, has recently announced the signing of a Memorandum of Understanding (MoU) with PT. Bank Rakyat Indonesia (Persero) Tbk. (BRI) and Hi Cloud Indonesia, a cloud service provider (CSP). The collaboration aims to drive innovation in BRI's banking services by leveraging technology, with a specific goal to enhance customer service and transaction experiences.

In the past six months, Southeast Asia has become a focal point for CEOs of prominent tech companies such as Nvidia, Apple, and Microsoft, attracting a growing number of enterprises to explore its digital market.

Chin-Poon Industrial, which has a strong production focus on automotive PCBs, has revealed plans to invest an additional THB1 billion (US$27.3 million) in expanding its factory site in Thailand.

These are the most-read DIGITIMES Asia stories in the week of May 6 – May 10.

Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings call on May 8. The company will pursue a three-pronged strategy as it expands its business: a strategic alliance with LG Innotek (LGIT), one of South Korea's leading lens module manufacturers; expansion of its facilities in the Philippines; and investment in cutting-edge Metalens technology.

Peter Chen, Chairperson of Qisda, stated that the company has passed the lowest ebb of operation in 2024, with growth expected to occur quarter by quarter.

Ubiqconn Technology is strategically positioning itself to capitalize on the burgeoning prospects of Low-Earth Orbit (LEO) satellite development in Southeast Asia. The company underscores the region's plethora of islands, sparse rural population density, and rapid economic progress as key factors fueling the immense potential for LEO satellite ventures.

Apart from Taiwan and China, Malaysia has emerged as a new semiconductor powerhouse in Southeast Asia, thanks to its competitive production costs and support from global manufacturers.

Amazon.com Inc. plans to spend US$9 billion expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia.

Penang state boasts Malaysia's most comprehensive semiconductor ecosystem, and the state government remains committed to collaborating with the federal government to attract investments in the semiconductor industry, including IC design. The state government will also make strategic investments to bolster the semiconductor ecosystem and its supply chain in the region, according to Penang Chief Minister Chow Kong Yeow.

Malaysia's Johor state has emerged as a main hub for data center construction in the country, attributed to its proximity to Singapore, relatively, inexpensive land, water, and electricity resources, and the ongoing China-US trade conflicts, all of which are attracting more multinational corporations to establish operations there.

The semiconductor industry is witnessing significant shifts influenced by geopolitical considerations. One recent case exemplifying this trend is King Yuan Electronics's (KYEC) sale of 90% equity in its China subsidiary Jinglong Technology (Suzhou) for approximately CNY48.85 billion (about US$675 million).

UnaBiz, a Massive Internet of Things (IoT) service provider and integrator, announces performance evolution on Sigfox 0G technology, reducing device energy consumption by up to 18 times. The transformative enhancement aims to deliver a significant efficiency boost for Sigfox-based solutions, empowering developers, 0G Operators, and major customers alike.