From declined car deliveries to a supply shortfall in costlier smartphones, businesses across Asia are facing the brunt of an unprecedented shortage and high demand for semiconductor microchips.
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the Asia Pacific is the world’s biggest market for semiconductors, accounting for 60% of global semiconductor sales, with China alone accounting for over 30%. As 5G brings higher connectivity and the ability to reliably connect multiple gadgets, more projects and companies in Asia are looking to use semiconductor technology.
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The MarketingPulse, an integrated and branding marketing conference organised by HKTDC, came to an end last week. The online conference took place from 30th-31st March. The theme of this year’s conference is ‘Marketing for GOOD’ and we have selected 4 key insights from the conference.
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A quarter spent in 2021, while the hit of Covid-19 pandemic and the start of lockdown didn’t seem to have happened that long ago, the world’s medical industry – particularly in Asia, has evolved massively.
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Indonesia, the world’s top miner of nickel - an essential element of the EV battery, is developing its own EV industry and planning to become a global EV battery production hub. KrAsia reported that the country is set to begin EV domestic production by 2021 or 2022 with the goal of exporting 200,000 EVs by 2025, or about 20% of the estimated total exported cars.
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