Apple chief executive Tim Cook has kicked off his two-day visit to Vietnam, as the US tech giant’s efforts to diversify its supply chain comes into focus again, just weeks after the CEO concluded a tour in the company’s key market of China.On Monday, Apple...
As global supply chains divide and expand out of China, including for geopolitical reasons, other countries are taking on a bigger role in supply chains linked to China. Chinese companies often gain little from this beyond continued access to Western markets, but the biggest beneficiaries...
China’s state-owned enterprises (SOEs) are “shifting gears” to raise their game and boost earnings by adding innovation, research and supply-chain security to their focus and performance yardsticks, an industry analyst said.The new approach, spelled out by Beijing earlier this year, represents a “distinct departure” from...
Even allowing for the long-standing tendency towards excess on the part of stock investors – which has all too often resulted in boom-and-bust cycles – the apparent inability of markets to see more than one step ahead is alarming. The latest manifestation of this is...
Mergers and acquisitions (M&A) activity in the Asia-Pacific region is expected to bounce back by around 10 per cent in the second half of this year after a lacklustre 2023, with India and Japan likely to emerge as winners, Yew-Poh Mak, Asia-Pacific strategy and transactions...
“In the world’s largest and fastest-growing EV market, speed is fundamental when it comes to tapping into promising market segments,” Volkswagen’s China chief executive Ralf Brandsatter said in the statement.“Through the partnership with Xpeng, we are not only accelerating development times, but also boosting efficiency...
Private markets firm HarbourVest sees investment opportunities in Asia including China’s healthcare services and consumer industries, with the country’s declining demographics and uptick in retail spending lifting demand for related products.Trends like the reshuffling of global supply chains in the year ahead will also throw...
“The growth may beat our expectations, buoyed by improved production efficiency and rising demand from clients,” he said.Li Yi, founder and CEO of Appotronics. Photo: HandoutAppotronics, listed on China’s Nasdaq-style Star Market in Shanghai, supplies laser headlights, fusion window display technology and in-car infotainment screens...
Contemporary Amperex Technology (CATL), the world’s largest electric vehicle (EV) battery manufacturer, will build its first plant in Beijing to tap the rising demand for battery-powered cars in mainland China.CATL’s plant will help China’s capital city form a complete supply-chain for EV production, as...
South Korean exports to the US exceeded shipments to China for the first time in two decades last month, in a sign of shifting ties amid global tensions over economic security and tech supply chains.South Korea sold US$11.3 billion in goods to the US in...