GlobalFoundries pledges €1.1bn to expand chip production
GlobalFoundries (GF) has outlined a €1.1bn ($1.27bn) investment to expand semiconductor manufacturing at its Dresden facility in Saxony, Germany. With this …
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Turkcell and Huawei Successfully Launch Europe’s First Commercial 400G/800G Super C+L Optical Network
This achievement highlights Turkcell’s leadership in advancing next-generation optical networking and its strategic collaboration with Huawei to fulfill the future …
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Eaton starts construction of new manufacturing facility in Dubai, UAE
Irish power management company Eaton has broken ground on its new advanced manufacturing, engineering and training facility in …
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Saudi Arabia attracts $32bn in FDI inflows
Saudi Arabia attracted SR119bn ($31.7bn) in foreign direct investment (FDI) inflows in 2024, marking a 24% increase from the previous …
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Ichia Technologies doubles down on its Malaysian presence with new $115.6m Kedah site
Taiwanese electronic components manufacturer, Ichia Technologies, has opened a new manufacturing facility in Kedah, Malaysia. The new facility, …
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Masdar secures 2GW of solar projects in Saudi Arabia
Masdar, a renewable energy company that is a subsidiary of the United Arab Emirates' Mubadala Investment Company, has been awarded …
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India considers raising foreign investment cap in state banks to 49 – report
The Indian government is contemplating a policy revision that would permit up to 49% foreign direct investment in its public …
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Companies in all sectors ‘should pay constant attention to geopolitics’ – analysis
Geopolitical risk is no longer remote from day-to-day business concerns as it has historically tended to be, a new report …
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DXN plans to set up a coffee-processing factory in Brazil
DXN Holdings Bhd (DXN), a Malaysian health and wellness company, will establish a coffee processing facility in Ibia, Minas Gerais, …
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SoftBank approves final $22.5bn investment in OpenAI
Japanese investment holding company SoftBank has authorised a further $22.5bn investment in OpenAI, according to a report by the Information. This …
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Evonik boosts Asian presence with new aluminum specialty plant in Japan
German chemicals giant Evonik has inaugurated its new fumed alumina production facility in Yokkaichi, Japan. The new facility, dubbed …
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Anthropic to open South Korea office and expand its presence in Asia
Anthropic, a US-based leading artificial intelligence company that created the popular large language model (LLM) 'Claude', has announced it plans …
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The future of digital governance: Huawei’s GovTech1.0 Framework
The digital transformation of government has become a central focus for nations seeking to enhance public services, improve efficiency, and …
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Mitsubishi Power and JEL to build 670MW CCGT power plant in Singapore
PacificLight Power (PLP) has awarded an engineering, procurement and construction contract to a consortium of Mitsubishi Power and Jurong Engineering …
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Remote monitoring: The tech enhancing diabetes management in Scotland
With diabetes diagnoses growing globally, remote monitoring technologies developed in Scotland are now providing essential solutions for managing the condition. The …
