300 million dollar yacht

This new investment is in addition to Intel’s $1 billion investment to build a state-of-the-art chip assembly and test manufacturing (ATM) facility in Saigon High-Tech Park (SHTP), first announced in 2006. This takes Intel’s total investment in its Vietnam facility to $1.5 billion. … [Read more...] about Intel injects additional $475 million into Vietnam facility

HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam

IPV is the largest assembly and test manufacturing facility in the Intel assembly and test network. It has more than 2,700 employees and serves customers around the world. IPV is one of 10 manufacturing sites that Intel has globally. As of the end of 2020, IPV shipped more than 2 billion units to customers worldwide. … [Read more...] about Intel invests additional US$475 million in Vietnam

Eric Leger, senior vice president, Global Marketing, International Operations at Schneider Electric With the world entering the next normal, the role of technology and digitisation is becoming more pronounced and is becoming a priority for businesses and organisations. How will it help businesses in the region enhance their competitiveness from an energy management perspective? Energy demand, particularly in Asia, has and will continue to increase significantly in the coming years. To sustain this rapid expansion of the economy while adapting to the new normal brought about by COVID-19, digitisation is the solution. Asia will need new energy solutions and strategies. Technology and innovation are required for achieving far greater energy efficiency. … [Read more...] about The “next normal” in business is sustainability

Kuala Lumpur (VNA) - The Malaysian Ministry of Health on January 26 signed term sheet agreements with two vaccine suppliers, Pharmaniaga Lifescience Sdn Bhd (PLS) and Duopharma (M) Sdn Bhd, for the procurement of 18.4 million doses of COVID-19 vaccine. The ministry said in a statement that PLS will supply 12 million doses of COVID-19 CORONAVAC, SARS-COV-2 Vaccine (Vero Cell) Inactivated produced by Sinovac Life Science Co. Ltd, which will be distributed in stages beginning April. Duopharma will supply 6.4 million doses of Sputnik V vaccine, produced by the Gamaleya Research Institute of Epidemiology and Microbiology in Russia. The vaccine is expected to be distributed in stages by end-March 2021, it said. The ministry said for the COVID-19 CORONAVAC vaccine, SARS-COV-2 Vaccine (Vero Cell) Inactivated, each recipient will be given two shots 14 days apart. With the 12 million doses, it expects the immunisation programme to cover 3.2 million people or 18.75 per cent of the Malaysian … [Read more...] about Malaysian health ministry inks term sheet agreements with two vaccine suppliers