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Malaysia aims for USD 107 billion investment in its semiconductor industry, led by Prime Minister Anwar Ibrahim, targeting design, packaging, and manufacturing. The country is a key player globally, attracting major investments from firms like Intel and Infineon.
Apple's shipments in China increased by 12% in March, marking a significant improvement from the first two months of 2024, when the company experienced a 37% slump in sales.
SingTel: The potential investment in STT Telemedia Global Data Centres underscores growing interest and demand for data centres across Asia Pacific as nations and companies in the world's most populous region respond to the boom in artificial intelligence.
The total project cost is estimated at around Rs 500 crore. Sheth Realty expects a topline of approximately Rs 1,000 crore from the project.
Sales of hybrid transmission cars and SUVs are rapidly increasing, challenging electric vehicles in market share. Maruti Suzuki and Toyota offer popular models in this segment, with hybrid vehicles capturing 2.48% of the passenger vehicle market in Q1 2024.