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4 comment(s). Last comment by emsvsi 2021-07-11 12:13
Posted by Goldberg > 2021-07-11 11:07 | Report Abuse
Foxconn, Dagang NeXchange in Talks on Electric-Vehicle Ventures
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July 9, 2021 3:22 am ET | WS Journal
Malaysian information communication technology company Dagang NeXchange Bhd., or DNeX, is in talks with shareholder Foxconn about collaborating in the production of semiconductors and businesses related to the electric-vehicle value chain.
The early stage talks are part of SilTerra Malaysia Sdn. Bhd.’s expansion goals, DNeX managing director Syed Zainal Abidin Syed Mohamed Tahir told The Wall Street Journal. SilTerra is a semiconductor specialist that DNeX is acquiring on expectations of strong multiyear demand for chips.
“Our immediate focus is to penetrate the booming EV market,” Mr. Syed Zainal said. He added that SilTerra has the technical capabilities to develop “a range of new products catered for EVs.”
SilTerra, Malaysia’s only wafer fabrication specialist, plans to move into manufacturing higher-margin products that make use of micro-electromechanical systems and silicon photonics, Mr. Syed Zainal said. The former enables various functions ranging from gesture control, navigation and smart interfacing that facilitate autonomous driving, while the latter can be deployed as sensors for EVs.
Mr. Syed Zainal said other priorities for SilTerra include improving plant utilization and efficiencies as well as new capital investment to ease production bottlenecks amid strong demand for chips. The company expects chip demand to outstrip supply up to 2024.
Posted by emsvsi > 2021-07-11 12:13 | Report Abuse
EMERGING THEME: ONE CHART TO RULE THEM ALL (SUPERBULL RUN)
https://klse.i3investor.com/blogs/emsvsi/2021-07-11-story-h1567924930-EMERGING_THEME_ONE_CHART_TO_RULE_THEM_ALL_SUPERBULL_RUN.jsp
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save malaysia!
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save malaysia!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tuancapital
233 posts
Posted by tuancapital > 2021-07-10 03:43 | Report Abuse
walao bro.u really insulted dnex. u know those 5 tech mentioned above if no chips or wafer, they cannot do business?