India’s top conglomerate Tata in talks to join club of iPhone makers

TAIPEI – Tata Group is in talks with a Taiwanese supplier to Apple to establish an electronics manufacturing joint venture in India, seeking to assemble iPhones in the South Asian country. The discussions with Wistron Corp are aimed at making Tata a force in technology manufacturing, and the Indian salt-to-software conglomerate wants to tap the […]

Pall Corp breaks ground on $140m facility in S’pore, boosting semiconductor industry

SINGAPORE – Filtration solutions producer Pall Corporation is setting up a new US$100 million (S$139.6 million) manufacturing facility in Singapore, which will support the semiconductor industry’s needs in Asia-Pacific. The facility will occupy a 2.8-hectare (about the size of seven football fields) campus that will include more than 18,000 sq m of manufacturing and office […]

CNERGENZ Posts RM76.58 Million in Revenue for 2Q FY2022

PENANG, Malaysia, Aug 17, 2022 – (ACN Newswire via – CNERGENZ Berhad, an established electronics manufacturing solutions provider based in Penang, announced today that the Company recorded revenue of RM76.58 million for the second quarter ended 30 June 2022 (2QFY2022) on higher sales of standalone surface mount technology (SMT) machines and provision of integrated […]

7 S’pore firms named in Forbes Asia Best Under A Billion list 2022

SINGAPORE – Seven Singapore companies, including precision engineering firm UMS Holdings and luxury watch retailer The Hour Glass, were included in this year’s Forbes Asia Best Under A Billion List. The list, announced on Forbes’ website on Wednesday (Aug 10), recognises 200 top-performing public companies with less than US$1 billion (S$1.38 billion)  in yearly sales […]

Factories slow down from US to Asia

WASHINGTON (BLOOMBERG) – Manufacturing from the US to Asia is very much in a slowdown as factories continue to struggle with supply snarls, labor shortages and elevated materials costs. A measure of US manufacturing activity weakened in June to a two-year low, and several regional Federal Reserve surveys indicated business activity shrank. Factory purchasing managers’ […]