Industry Focus

The manufacturing and engineering sectors have experienced a profound transformation, courtesy of rising 3D metalworking technologies. Nikhil Kaitwade from Future Market Insights walks APMEN through the new markets created by additive manufacturing (AM).

Construction is among the main industries that contribute to countries’ economic development, with a 9% GDP (gross domestic product) share and about 7~8.5% of the total global employment. Yet, using additive manufacturing (AM) in construction is slower than manufacturing.

Vietnam lured close to US$18.15 billion in foreign direct investment (FDI) from the beginning of this year to 20 August 2023, up 8.2% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

South Korean automaker Kia Corp. is reviewing the plan to build a production facility in Thailand with an annual capacity of 250,000 cars, according to sources.

At at June, the Netherlands issued an unprecedented export control restricting ASML Holding NV’s chip-making machines from being sent to China.

Herb Huang He, former Chairman and Chief Executive of Ningbo Semiconductor International Corp (NSI), an affiliate of top Chinese chip maker Semiconductor Manufacturing International Corp (SMIC), is facing criminal charges that include embezzlement and bribery.