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Light guide plate maker Global Lighting Technologies (GLT) will significantly ramp up its investments in 2023, with plans to build a new factory in Vietnam to expand its production capacity.
Acer ITS, a subsidiary of Acer for smart traffic solutions, expects its efforts to grow businesses overseas to bear fruit this year, increasing annual revenue by 50-100% on year.
China-based memory module maker Longsys Electronics has actively developed its industrial and automotive storage offerings, eyeing a bigger presence in the high-end market segment.
The position of China as the world's largest manufacturing base can hardly be shaken in the short term despite the ongoing global supply chain restructuring and the emergence of short chains under the intensifying US-China trade and tech wars, according to market observers.
Jentech Precision Industrial, an insulated-gate bipolar transistor (IGBT) power module provider with water-cooling solutions, has expressed optimism about demand for electric vehicle (EV) IGBTs.