fpt is and metrodata unveil strategic digital transformation partnership

FPT IS and Metrodata unveil strategic digital transformation partnership

FPT Information System Corporation (FPT IS) and PT. Metrodata Electronics, Tbk, the largest ICT public company in Indonesia, signed an MoU at a ceremony in Hanoi in a significant move on January 13, part of the state visit of Indonesian President Joko Widodo to Vietnam from January 11-13.
goertek to invest another 280 million in vietnamese consumer electronics subsidiary

Goertek to invest another $280 million in Vietnamese consumer electronics subsidiary

AirPods maker GoerTek has plans in place to invest an additional $280 million in the establishment of a wholly owned subsidiary in Vietnam to manufacture consumer electronics products.
honda unveils futuristic ev designs to hit us market in 2026

Honda unveils futuristic EV designs to hit US market in 2026

Honda on Tuesday unveiled a new electric vehicle series to launch commercially in 2026, revealing a futuristic concept car at the Consumer Electronics Show in Las Vegas.
chinese smartphone giant xiaomi unveils first electric car

Chinese smartphone giant Xiaomi unveils first electric car

Chinese consumer electronics giant Xiaomi unveiled its first electric car model on Thursday, with its boss declaring ambitions of becoming a global automotive powerhouse despite fierce competition at home.
sony playstation 5 sales cross 50 million units

Sony PlayStation 5 sales cross 50 million units

Sales of Sony's PlayStation 5 have crossed 50 million units, the Japanese electronics giant said, pointing to "strong momentum" this year for its flagship gaming console.
licence penalties incurred by foreign electronics groups

Licence penalties incurred by foreign electronics groups

A series of electronic component and telecommunications equipment manufacturers have been fined for flouting construction and environmental regulations.
chinese display maker boe expands operations in vietnam with 300 million investment

Chinese display maker BOE expands operations in Vietnam with $300 million investment

The China-based display maker Beijing Oriental Electronics Group (BOE) is set to invest $300 million in Vietnam's smart terminal project.
vietnams 500 most profitable firms for 2023 unveiled

Vietnam's 500 most profitable firms for 2023 unveiled

The latest PROFIT500 rankings, released on September 8 in partnership with Vietnam Report and Vietnamnet, highlight the 500 most profitable companies in Vietnam for 2023, with industry titans like Vietnam Oil and Gas Group (PetroVietnam) and Samsung Electronics topping the chart.
major electronics retailers face tough times

Major electronics retailers face tough times

Leading retailers have seen a sharp decline in their profits in the year to date amid a tough business environment.
victory giant technology to develop 400 million electronics components factory in bac ninh

Victory Giant Technology to develop $400 million electronics components factory in Bac Ninh

Victory Giant Technology (HuiZhou) Co.,Ltd, a China-based company, has decided to build a $400 million electronic component factory in VSIP Bac Ninh II in the northern province of Bac Ninh.
sony launches new high tech earbuds in vietnam

Sony launches new high-tech earbuds in Vietnam

Sony Electronics Vietnam has unveiled its latest offering, the WF-1000XM5 earbuds, marking a significant evolution in its renowned 1000X series. Renowned for its emphasis on sound and design, Sony has engineered these earbuds to set new industry benchmarks in noise-cancellation and audio clarity.
electronics assemblers cashing in

Electronics assemblers cashing in

Foreign-invested manufacturers and assemblers of electronics products have generated big profits from Vietnam, which is the foundation for their consecutive expansion in the country.
foxconn earns 317 million in after tax profit in vietnam

Foxconn earns $317 million in after-tax profit in Vietnam

The world's largest contract manufacturer and assembler of electronics, Hon Hai Precision Industry Co., Ltd., trading internationally as Foxconn, outperformed its industry rivals last year, reportedly earning VND7.5 trillion ($317 million) in after-tax profit from its 16 Vietnamese plants.
fies in vietnam promote green energy growth

FIEs in Vietnam promote green energy growth

With recent power shortages stemming from increased seasonal demand, along with the growing appetite for electricity from commercial and residential developments, the need for a more reliable power supply has made Vietnam an attractive market for foreign investors to develop rooftop solar energy. This has been led by Vietnam's foreign-invested enterprises (FIEs) in the manufacturing sector, particularly the electronics, semiconductor, and textile industries
samsung expects second quarter profit to plunge more than 95 percent

Samsung expects second-quarter profit to plunge more than 95 percent

Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95 percent on-year to their lowest level in 14 years, as a global glut of semiconductors continues to hurt its core memory sector.