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Chipmaker Melexis bets on Malaysia's 'neutrality' to power China growth
Chipmaker Melexis bets on Malaysia's 'neutrality' to power China growth

Nikkei Asia

time2 days ago

  • Business
  • Nikkei Asia

Chipmaker Melexis bets on Malaysia's 'neutrality' to power China growth

Melexis opened its largest wafer testing site worldwide in Kuching, in the east Malaysian state of Sarawak, covering around 4,500 sq. meters. (Photo courtesy of Melexis) NORMAN GOH KUALA LUMPUR -- Belgian chipmaker Melexis is leveraging its production capacity in "neutral" Malaysia to navigate the geopolitical headwinds buffeting the global semiconductor industry, with an eye toward sharpening its China strategy. Marc Biron, chief executive of Melexis, told Nikkei Asia that the uncertainties surrounding the global chip supply chain are pushing companies to become "agile enough" to seize emerging opportunities, particularly by building out a "China for China" model.

Jetstar Asia's closure highlights ASEAN's fierce LCC wars
Jetstar Asia's closure highlights ASEAN's fierce LCC wars

Nikkei Asia

time6 days ago

  • Business
  • Nikkei Asia

Jetstar Asia's closure highlights ASEAN's fierce LCC wars

NANA SHIBATA and NORMAN GOH JAKARTA/KUALA LUMPUR -- After operating for more than 20 years, Singapore-based budget airline Jetstar Asia announced its closure, citing increased competition and rising costs. The shutdown of Jetstar Asia, a subsidiary of Australia's flag carrier Qantas, highlights the difficulties that low-cost carriers (LCCs) face in Southeast Asia. Although the region's low-cost carrier market is expected to continue growing, operators are being forced to accept lower profit margins, with analysts predicting stiffer competition this year amid rising cost concerns.

ASEAN set to create permanent Myanmar envoy in bid to end crisis
ASEAN set to create permanent Myanmar envoy in bid to end crisis

Nikkei Asia

time26-05-2025

  • Politics
  • Nikkei Asia

ASEAN set to create permanent Myanmar envoy in bid to end crisis

NORMAN GOH and MARWAAN MACAN-MARKAR KUALA LUMPUR/COLOMBO -- Southeast Asian leaders are expected to endorse the appointment of a permanent special envoy for Myanmar at their summit on Monday, in a major shift from the bloc's current practice of rotating representatives annually and in recognition of the deepening crisis in the civil war-ravaged country. ASEAN foreign ministers agreed to the proposal during a meeting on Sunday, signaling growing urgency to build engagement with Myanmar's military regime and the myriad forces opposing them.

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