Japan has unexpectedly fallen into a recession after its economy shrank for two quarters in a row, surprising many economists.
Taiwan Semiconductor Manufacturing Company (TSMC) announced on 6 February it will be building a second Japanese plant to begin operation by the end of 2027.
Japan government aims to industrialise domestic production of autonomous underwater vehicles (AUVs), or underwater drones, by 2030, according to a new strategy.
Manufacturing activity in Japan slowed tremendously and layoffs are ongoing from wounded order books. India’s IT hardware market is expected to register a compound annual growth rate of 12.8% in the next four years on strong demand and rising domestic production.
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.