The Southeast Asia 500 list has highlighted a significant trend: the region is becoming a major manufacturing hub. The COVID-19 pandemic and geopolitical tensions have sped up this transformation. While financial companies top both the U.S. Fortune 500 and SEA 500 lists, Southeast Asia has more ener
There's big news in the tech world! Taiwan Semiconductor Manufacturing Company (TSMC) and US-based Amkor Technologies are teaming up to bring advanced chip packaging technology to America. This is a game-changer, especially for the AI market. TSMC has a massive facility in Arizona that will han
Have you ever wondered why some people love tariffs, while others hate them? It's all about perspective. Tariffs have been around since ancient times and were once a big way for governments to make money. But now, they’re not so popular. Many argue that removing trade barriers helps economies grow a
ASML Holding NV, a semiconductor industry giant, is poised to capitalize on the latest advancements in chip manufacturing. With its cutting-edge extreme ultraviolet (EUV) lithography technology, the company is leading the charge towards smaller, more powerful transistors. To understand why ASML's s
Eli Lilly will spend $4.5 billion to build a center aimed at finding better ways to manufacture its medicines. The facility, called the Lilly Medicine Foundry, will house development of new manufacturing methods with an eye toward efficiency. It's a strategy that's already paying off with Lilly's ob
China, the world's second-largest economy, is facing a prolonged economic slowdown. The country's factory activity has contracted for five straight months, with a purchasing managers' index (PMI) reading of 49.8 in September. While this is higher than expected, it still indicates a contraction in ma
Honda's journey in the world of motorcycles dates back much further than you might imagine. Long before the iconic V8 engine roared to life in the Honda Crossroad, the company was laying the groundwork for its motorcycling legacy. In fact, the winged logo that has become synonymous with Honda's moto
In a major breakthrough, Intel and Amazon have announced a multi-billion-dollar framework to co-develop AI chips using the latest technology. The deal is a significant step forward for both companies, as they aim to revolutionize the field of artificial intelligence chip manufacturing. Intel's CEO,
The tech giant, Intel, has just received a huge boost after the announcement of a whopping $3 billion in direct funding from the CHIPS and Science Act. This influx of cash will go towards the Secure Enclave program, which is focused on creating innovative projects for the U.S. Department of Defense.
The Chips and Science Act, signed into law two years ago, aimed to revive the US semiconductor industry by providing $52 billion in subsidies. So far, over half of this amount has been allocated to 15 chipmakers, including Intel, Taiwan Semiconductor Manufacturing Company, and Samsung. While this mo
