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Thousands Stranded as Record Floods Submerge Vietnam Streets

By
Laotian Times
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A man rows a canoe through waters past buildings in That Khe commune flooded after heavy rains caused by Typhoon Matmo in Lang Son province on October 8, 2025. Record floods submerged streets in several communities in Vietnam on October 8, with at least eight people killed this week, the government said. (Photo by Anh TUC / AFP)

By Tran Thi Minh Ha/AFP – Record floods submerged streets and inundated homes in Vietnam on 8 October, leaving tens of thousands of people stranded, with at least eight killed this week.

Floodwaters reached the tops of cars and rooftops in areas of Thai Nguyen city, about 80 kilometers (50 miles) north of the capital Hanoi, with many left stuck at home and others forced to flee.The environment ministry said eight people were killed in flash floods and landslides in Vietnam’s mountainous north since Monday, and five others were missing.”I have never witnessed such a terrible flood since I was born 60 years ago,” Nguyen Van Nguyen told AFP from his three-storey house in Thai Nguyen province.

“There has never been flooding here in my street but now my ground floor is all submerged.”

The military said it had mobilized 30,000 personnel and thousands of boats to join rescue and relief efforts.

It used three helicopters to drop more than four tons of water, instant noodles, dry cake, milk and lifejackets to people in flooded parts of Lang Son province.

From late Tuesday to Wednesday, the country recorded the highest flood levels on three rivers in the north in nearly 40 years, state media reported.

The high-water mark of Trung river in Lang Son, bordering China, was forecast to peak at nearly two metres (6.5 feet) above the record, Vietnam state television said.

The Bang and Thuong rivers also surpassed levels not seen since 1986.

By Wednesday morning, the weather bureau said the Cau river, running across Thai Nguyen city, was more than a meter higher than the previous record level, when Typhoon Yagi devastated the country in September last year.

Totally Flooded

Overnight Tuesday and Wednesday, social media users posted pleas for help as their relatives and friends were left stranded with no electricity and few provisions in the provinces of Thai Nguyen, Cao Bang and Lang Son.

“Our ground floor (in Thai Nguyen province) was totally flooded. My parents and five kids were stuck, with not enough food and water. No communication since late Tuesday. They need urgent help,” Thoan Vu posted online alongside hundreds of similar pleas.

More than 200 families living in Lang Son province, downstream from a dam that burst Tuesday afternoon, were earlier evacuated to shelters, the environment ministry said.

The cracked dam, part of the reservoir for the Bac Khe 1 hydropower plant, caused about $1.9 million in estimated economic losses, the ministry said in a statement.

“The reservoir of the small hydropower plant has a capacity of four million cubic metres of water… so together with heavy rains, neighbouring communes may be inundated, but no flash floods were forecast,” it said.

Scientists say human-driven climate change is making extreme weather events like typhoons more deadly and destructive.

The floods followed heavy rain from Typhoon Matmo, which weakened on Monday while approaching Vietnam but hit the north hard.

Matmo landed only a week after Typhoon Bualoi triggered widespread flooding, killing at least 56 people and causing economic losses estimated at more than USD 710 million.

© Agence France-Presse

S-Tron Shanghai 2025 Fulfills a Decade’s Promise before Embarking on the Future

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Advertorial Desk
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SHANGHAI, Oct. 9, 2025 /PRNewswire/ — On September 24, the S-Tron Shanghai 2025 Tech Innovation Event concluded successfully at Shanghai XuHui West Bund Art Center Hall A. As one of the key events of the 5th Shanghai Haiju Yingcai Global Innovation and Entrepreneurship Summit • Talent Entrepreneurship Week, this event pooled innovative forces and forefront ideas from around the world, making ‘Ignite the Future’ the most vivid footnote of the scene.

S-Tron Shanghai 2025
S-Tron Shanghai 2025

This Moment Witnesses an Innovative Gathering

Tech forces from around the world gather at this moment — with over 13,000 attendees and 30% of them being international— over 13,000 attendees, including 2700+ startups,3500+corporate/institution, 3000+ investorson, 500+media, 70+ forum content and 200 speakers jointly created an energetic innovative scenario. From artificial intelligence to biomedicine, from new energy sources to advanced manufacturing, 100+ immersive booths present real application scenarios, and 100 + startups showcase their latest fruits. Every conversation and every handshake lay the foundation for the future.

The Pitch Competition became the highlight of the event. After rigorous screening, 60 startups took the stage, and ultimately RWKV won the crown with its breakthrough in Future Mobility. The applause at this moment belongs not only to the champion but also to the coming future.

The Tenth Anniversary Marks a New Start

The green concepts and young forces also infused vibrancy into this conference. Paperless and low-carbon initiatives reduced paper utilization by over 70%, thanks to nearly 700 volunteers who safeguarded every detail with their professionalism and enthusiasm. They made the future’s commitment to sustainability and collaboration visible at this moment.

In the closing speech, S-Tron China’s founder and president Sean Song said: “Innovation is an ongoing collaborative process. S-Tron will always be dedicated to connecting global innovative forces and helping make dreams come true.” He announced: S-Tron Shanghai 2026 will commence again on September 22, 2026.

The tenth anniversary marks the conclusion of one journey and the prelude to another. “Ignite the future” is not just the theme of S-Tron Shanghai 2025, but a declaration for the next decade. The story of the future begins right now.

About us

S-Tron China is a global entrepreneurship community which was upgraded from Slush China in 2022.

Since 2015, Slush China has successfully held more than 10 international innovation conferences in some big cities, including Beijing, Shanghai, Shenzhen, Nanjing, Yangzhou, Xiamen, attracting 35,000+ professionals, 3,000+ volunteers, 4,000+ startups and 500+ speakers from home and abroad, and successfully matching 2,000+ technology projects with investment institutions and large enterprises.

Nowadays, S-Tron China is committed to serving the complete ecosystem of top local and overseas high-tech talent, startups, investors, large corporations and media, helping and nurturing entrepreneurs who dare to change the future, and providing a platform for efficient communication and resource sharing for entrepreneurs.

For more information and to register for S-Tron Shanghai 2026 visit www.s-union.cn/

Cohesity Named a Leader Once Again in the IDC MarketScape: Worldwide Cyber Recovery 2025

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Advertorial Desk
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SINGAPORE, Oct. 9, 2025 /PRNewswire/ — Cohesity, the leader in AI-powered data security, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Cyber Recovery 2025 Vendor Assessment (doc #US52040125, October 2025). This is the second time Cohesity has been named a Leader in the IDC MarketScape for Cyber Recovery.

Modern cyberattacks are designed not just to disrupt operations, but to undermine the very systems organizations depend on to respond, recover, and build resilience. Cohesity empowers organizations to reduce downtime, contain impact, and emerge stronger and more resilient after every attack.

“As cyberattacks escalate in scale and sophistication, resilience has become a top priority for organizations everywhere. At the same time, wide differences in solution architectures and capabilities make it challenging for IT and security teams to determine which vendors can best support their business,” said Johnny Yu, Research Manager, IDC. “This essential IDC MarketScape report provides an objective view of the cyber recovery market, helping decision-makers cut through the complexity and align investments with the solutions best suited to their unique requirements.”

According to the IDC MarketScape, “Cohesity is especially compelling for buyers who highly value a robust security ecosystem and require collaborative response capabilities that bridge IT, security, and external partners.”

The IDC MarketScape recognized Cohesity for the following strengths:

  • “AI-assisted recovery orchestration”
  • “Advanced threat and anomaly detection”
  • “Cyber vaulting and data immutability”
  • “Extensive data security ecosystem”

“We believe Cohesity’s recognition as a Leader in the IDC MarketScape for Worldwide Cyber Recovery underscores our laser focus on helping customers increase resilience, recover rapidly, and lower total cost of ownership,” said Sanjay Poonen, chief executive officer and president, Cohesity. “With our differentiated platform focused on the 5Ss – Speed, Scale, Security, Smarts and Simplicity – and a fully integrated portfolio that delivers flexible licensing and purchasing options, Cohesity is empowering organizations to build their resilience muscles across any environment with confidence.”

A widely recognized standard in vendor assessment tools, the IDC MarketScape uses a rigorous methodology that considers both quantitative and qualitative data to evaluate vendor offerings, capabilities and strategies, as well as current and future market success factors. Eleven vendors were evaluated for the 2025 IDC MarketScape report on Worldwide Cyber Recovery.

Download a complimentary excerpt of the 2025 IDC MarketScape for Worldwide Cyber Recovery. Learn more about Cohesity’s cyber resilience solutions.

About IDC MarketScape

About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Cohesity

Cohesity protects, secures, and provides insights into the world’s data. As the leader in AI-powered data security, Cohesity helps organizations strengthen resilience, accelerate recovery, and reduce IT costs. With Zero Trust security and advanced AI/ML, Cohesity Data Cloud is trusted by customers in more than 140 countries, including 70% of the Global 500. Cohesity is also backed by industry leaders such as NVIDIA, Amazon, Google, IBM, Cisco, and HPE.

Cohesity is certified as a Great Place to Work in multiple countries. Follow Cohesity on LinkedIn and visit www.cohesity.com to learn more.

Lao, North Korean Leaders Hold Historic Talks in State Visit to Pyongyang

By
Beatrice Siviero
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Lao President Thongloun Sisoulith paid an official state visit to the Democratic People’s Republic of Korea (DPRK) this week, holding talks with North Korean leader Kim Jong Un. (Photo: Pathetlao)

Lao President Thongloun Sisoulith paid an official state visit to the Democratic People’s Republic of Korea (DPRK) this week, holding talks with North Korean leader Kim Jong Un in a move that reaffirmed decades of diplomatic ties and marked several historic anniversaries.

The visit, which took place on 7-8 October, came at the invitation of President Kim and was timed to coincide with the 80th anniversary of the founding of the Workers’ Party of Korea (WPK).

President Thongloun’s arrival in Pyongyang was met with a grand welcome ceremony, complete with a 21-gun salute and an inspection of the guard of honour. 

Over 1,000 people, including Party members, officials, armed forces personnel, and local citizens, gathered at the Pyongyang City Sports Stadium Meeting Hall to greet the Lao delegation.

Talks to Deepen Bilateral Ties

Immediately following the ceremony, the two leaders held bilateral talks at the Workers’ Party of Korea Central Committee headquarters, where they reaffirmed their commitment to deepening the relationship between the Lao People’s Revolutionary Party and the Workers’ Party of Korea.

President Kim Jong Un described the Lao leader’s visit as a “profoundly historic milestone” and voiced confidence that the trip would elevate traditional relations between the two nations. He also extended his best wishes for Laos’ preparations for the 12th National Congress of the Lao People’s Revolutionary Party in 2026.

President Thongloun expressed gratitude for the warm hospitality shown by the Korean leadership and people. He extended congratulations to the DPRK on the WPK’s 80th anniversary and thanked North Korea for its historical support during Laos’ revolutionary struggle and ongoing national development.

Both sides agreed to strengthen cooperation in areas such as education, cultural exchange, and Party-building efforts, while maintaining regular exchanges at various leadership levels. The leaders also held frank discussions on regional and international issues of mutual concern, in a gesture underscoring their ideological and diplomatic alignment.

Timed with Key Diplomatic Anniversaries

The visit not only celebrated the WPK’s founding but also marked the 60th anniversary of the first meeting between Lao revolutionary leader Kaysone Phomvihane and DPRK founder Kim Il Sung. Additionally, this year commemorates the 50th anniversary of the establishment of formal diplomatic ties between Laos and North Korea in 1974.

President Kim later hosted a state banquet in honour of President Thongloun and the Lao delegation. The group also visited important landmarks around Pyongyang, further strengthening mutual understanding and cultural ties.

International Spotlight on DPRK

Thongloun’s visit came amid heightened international attention on North Korea, as Pyongyang prepares for what is widely expected to be a large-scale military parade on 10 October . South Korean military sources have suggested the parade could take place at night, involving tens of thousands of personnel in a high-profile display of military strength.

Although the Lao state media confirmed the visit dates as October 7–8, North Korean sources had initially implied President Thongloun might attend the 10 October celebrations themselves. 

While the final schedule remains partially unconfirmed, his early visit makes him the first foreign leader publicly welcomed by the DPRK for the WPK’s anniversary, a symbolic gesture that underlines Laos’ unique relationship with North Korea.

Other foreign dignitaries are expected to arrive in Pyongyang for the celebrations, including Dmitry Medvedev, Deputy Chairman of Russia’s Security Council. Reports also suggest that Vietnamese Communist Party chief To Lam may visit the DPRK later this month, potentially marking the first such trip by a Vietnamese leader in nearly two decades, though this remains unconfirmed.

A Rare Diplomatic Spotlight

At a time when North Korea remains largely cut off from much of the world, President Thongloun’s visit offers a rare look at Pyongyang’s efforts to reconnect with its oldest allies. For Laos, the trip highlights its steady approach to foreign policy.

Tainan to Host the 2025 Kunshen Wangye’s Salt for Peace Festival, Taiwan’s Premier Salt Culture Event

By
Advertorial Desk
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TAINAN, TAIWAN – Media OutReach Newswire – 9 October 2025 – The Kunshen Wangye’s Salt for Peace Festival, Taiwan’s largest celebration of salt culture, will take place on November 15–16, 2025, at the Nankunshen Daitian Temple in Beimen, Tainan. Organized by the Southwest Coast National Scenic Area Headquarters, this 22nd edition carries the theme “Together in Blessings, Bringing Sunlit Happiness Home,” blending culture, faith, and entertainment while inviting travelers to join the celebration.

The festival’s most spectacular highlight is the awe-inspiring 108-ton Salt Mountain, transformed into a dazzling stage where music and rainbow lights weave together to create an unforgettable nighttime spectacle. On November 15, the Salt Festival Concert will feature some of Taiwan’s most popular singers, lighting up the salt village sky with music and energy.

By day, the excitement continues with a vibrant local food market, family craft workshops, children’s games, cultural performances, and the thrilling Moon Block Challenge, offering a total prize pool of over NT$500,000.

Visitors can also join the Six-Temple Blessing Tour, collecting stamps at historic temples to redeem exclusive souvenirs, or experience the Interactive Digital Archway, where immersive visuals bring the grandeur of the Nankunshen archway to life. This year’s Peace Salt Bags, endorsed by the guardian deity Lord Zhu (Zhu Fu Qian Sui), are available in exchange for just three donated uniform invoices—combining charity with blessings to bring peace home.

The festival concludes with the heartwarming Blessing Salt Ceremony, where small mounds of consecrated salt are shared with the crowd, symbolizing the spreading of peace and happiness to every family.

The Salt for Peace Festival is more than a celebration—it bridges Taiwan’s traditional salt-making heritage with modern tourism. International travelers can enjoy Tainan’s finest cuisine, coastal scenery, and unique cultural traditions all in one place. Don’t miss this once-a-year celebration—come and experience the captivating charm of Taiwan’s salt culture!

Hashtag: #PeaceFestival #SaltCultureEvent

The issuer is solely responsible for the content of this announcement.

SBI Holdings Joins Amar Bank as New Shareholder, Strengthening Global Confidence in Indonesia’s Digital Banking Sector

By
Advertorial Desk
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JAKARTA, INDONESIA – Media OutReach Newswire – 9 October 2025 – PT Bank Amar Indonesia Tbk. (“Amar Bank”, IDX: AMAR), a pioneer in digital banking serving the retail and MSME segments, today announces that SBI Holdings, Inc. (“SBI Holdings”, TYO:8473), a leading Japanese financial services conglomerate, has taken a stake in Amar Bank. Following this transaction, SBI Holdings now holds more than 5% of Amar Bank’s shares, making it the third-largest institutional investor after Tolaram Pte. Ltd (“Tolaram”) and PT Jagat Raya Imajinasi.

This marks a new chapter in Amar Bank’s growth journey and underscores the confidence of global investors in the future of Indonesia’s digital banking industry.

President Director of Amar Bank, Vishal Tulsian said “We are excited to welcome SBI Holdings on board and look forward to working closely with them to unlock new opportunities. We aim to collaborate with their portfolio of companies and leverage their strong financial services ecosystem to share expertise, build synergies, and ultimately deliver even greater value to our retail and MSME customers across Indonesia.”

MD, Fintech & Infrastructure of Tolaram, Navin Nahata added “As the controlling shareholder of Amar Bank, we believe that SBI Holdings’ entry as a shareholder continues to validate Amar Bank’s strategy and mission to revolutionise banking services for Indonesia’s retail and MSME customers. By bringing together all our respective capabilities and expertise, we are confident that this will further accelerate Amar Bank’s roadmap and support its efforts to expand access to financial services, enhance customer experience, and create sustainable impact for retail and MSME segments in Indonesia.”

Backed by strong global and local partners, Amar Bank remains committed to driving innovation, expanding financial inclusion, and creating lasting impact for Indonesia’s underserved retail and MSME customers.

Hashtag: #AmarBank

The issuer is solely responsible for the content of this announcement.

About Amar Bank

PT Bank Amar Indonesia Tbk. or Amar Bank (stock code: AMAR) is an Indonesian digital bank listed on the Indonesia Stock Exchange (IDX). Founded in 1991, it was relaunched as Amar Bank in 2015, since then the bank has undergone significant digital transformation to become one of the pioneers of fintech institutions through the Tunaiku digital loan platform, which has won various awards. Tunaiku is Indonesia’s first application-based digital loan platform that utilises big data and predictive analytics to serve the unbanked and underserved population in Indonesia. Tunaiku provides personal loans to individuals and MSMEs with applications processed and approved within 24 hours. In 2020, Amar Bank launched the first cloud-based mobile smart bank in Indonesia, which adopts new AI technology to promote good savings habits and strengthen personal financial discipline.

About SBI Holdings

Founded in 1999, the SBI Group is a comprehensive internet financial group that operates Financial Services Business, centering on securities, banking, and insurance, as the pioneer of internet-based financial services in Japan. The Group is committed to providing lower-cost and highly convenient products and services through the internet. In addition to its core financial services operations, the SBI Group also engages in Asset Management Business, PE Investment Business, Crypto-asset Business, and Next Gen Business on a global scale.

About Tolaram
Tolaram is a family-owned, professionally managed business headquartered in Singapore, investing in emerging markets to build brands that drive growth and positive impact. Established in 1948, it has evolved from a single retail shop into a diversified global enterprise spanning consumer goods, fintech, infrastructure, and industrial sectors across Africa, Asia, and Europe. In Africa and the Middle East, Tolaram is among the largest consumer goods companies, producing and distributing food, beverage, personal and home care products with partners including Indofood, Arla, Kellanova, Colgate-Palmolive and Diageo. In Nigeria, it developed Lagos Free Zone with an integrated deep-sea port. Outside of Africa, Tolaram owns and operates the only sustainable sack kraft paper producer in the Baltics. In Indonesia, Tolaram drives financial inclusion through Amar Bank, the country’s first pure-play digital bank with an award-winning lending platform, and Insureka, which provides affordable and flexible motor insurance products.

For more information, please visit:
Website : &
Facebook : Amar Bank / Tunaiku
Twitter : @amarbankID / @tunaikucom
Instagram : @amarbank.id / @tunaikucom
Instagram : @lifeatamar.tunaiku
LinkedIn : Amar Bank / Tunaiku

BCG’s Carol Liao Recognized on Fortune Most Powerful Women Asia 2025 List

By
Advertorial Desk
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Honored for her leadership in driving innovation & growth

SINGAPORE and HONG KONG, Oct. 9, 2025 /PRNewswire/ — Boston Consulting Group (BCG) is proud to announce that Carol Liao, Managing Director and Senior Partner; Chair, Greater China, has been named to the Fortune Most Powerful Women Asia 2025 list. The recognition honors 100 outstanding women leaders who are shaping the future of business, society, and culture across the region.

Carol Liao, Managing Director and Senior Partner; Chair, Greater China, Boston Consulting Group
Carol Liao, Managing Director and Senior Partner; Chair, Greater China, Boston Consulting Group

In its third year, Fortune’s Most Powerful Women in Asia celebrates diversity – from the region’s most powerful boardrooms to the arenas of culture, sport, and public life, with women leaders setting Asia’s agenda and shaping its future. This year’s honorees include 28 women in global or regional roles at Fortune Global 500 companies and six who serve as CEO, Chairman and other C-Suite roles at Fortune Southeast Asia 500 firms.

“It is an honor to be recognized among so many inspiring and accomplished women who are leading the way in business and beyond,” said Carol Liao, Managing Director and Senior Partner; Chair, BCG Greater China. “This recognition marks a meaningful milestone in a journey shaped by curiosity, resilience, and a constant drive to grow. Through BCG’s CEO Advisory, I’ve had the privilege of learning from and supporting CEOs as they navigate complexity, which reminds me that true leadership is about empowering others. Standing alongside extraordinary women reinforces my belief in what we can build together — more open dialogue, stronger platforms for collective impact, and greater opportunities for the next generation to lead boldly.”

Commenting on her recognition, Yasushi Sasaki, BCG Asia Pacific Chair, said, “Carol embodies the leadership qualities that define the future of business in Asia: resilience, vision, and an unwavering commitment to people and purpose. Her recognition on Fortune’s Most Powerful Women Asia 2025 list is a testament to her impact on clients, colleagues, and the broader business community.”

Carol, the first woman Chair of BCG Greater China, brings three decades of consulting experience to her role. Under her leadership, BCG Greater China has grown to nearly 1,000 professionals and expanding its portfolio of top-tier clients across industries from digital transformation to climate and sustainability. She also spearheaded BCG’s CEO Advisory Program in Asia-Pacific, a premier platform that has supported over 500 CEOs and CXOs globally in navigating strategic challenges during times of volatility. She frequently speaks at top forums including the World Economic Forum, Boao Forum for Asia, APEC Business Council Forums, and China Development Forum, and serves on the steering committee of Mulan Club, China’s leading network for women business leaders.

To celebrate the MPW Asia 2025 honorees, Fortune will be hosting an award ceremony and leaders’ breakfast at the Fortune Innovation Forum in Kuala Lumpur, Malaysia, on November 17 – 18.

The full MPW Asia 2025 list is available at Fortune.com/asia

About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

BCG’s Longstanding Presence in Asia-Pacific
BCG has been a trusted advisor to leading companies in the Asia-Pacific region for over five decades. Its first office opened in Tokyo in 1966, and since then, the organization has rapidly expanded its presence to 27 offices in the region. With a team of experts dedicated to the region, BCG continues to partner with clients to navigate the complex dynamics of global trade and drive transformation across industries.

SEMI Reports Global 300mm Fab Equipment Spending Expected to Total $374 Billion Over Next Three Years

By
Advertorial Desk
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PHOENIX, Oct. 9, 2025 /PRNewswire/ — SEMICON West — Global 300mm fab equipment spending is expected to reach $374 billion from 2026 to 2028, SEMI reported today in its latest 300mm Fab Outlook. This robust investment reflects fab regionalization and surging AI chip demand for data centers and edge devices, while underscoring the growing commitment to semiconductor self-sufficiency across key regions through localized industrial ecosystems and supply chain restructuring.

300mm_Equipment_Spending
300mm_Equipment_Spending

Worldwide 300mm fab equipment spending is expected to surpass $100 billion for the first time in 2025, growing 7% to $107 billion. The report projects investment will increase 9% to $116 billion in 2026, 4% to $120 billion in 2027, and 15% to $138 billion in 2028.

“The semiconductor industry is entering a pivotal era of transformation, driven by unprecedented demand for AI-enabled technologies and a renewed focus on regional self-sufficiency,” said Ajit Manocha, President and CEO of SEMI. “Strategic global investments and collaboration are driving robust, advanced supply chains and faster deployment of next-generation semiconductor manufacturing technologies. The global expansion of 300mm fabs will enable progress in data centers, edge devices, and the digital economy.”

Segment Growth

The Logic & Micro segment is projected to lead equipment expansion with $175 billion in total investments from 2026 to 2028. Foundries are expected to be the primary drivers of this growth, fueled by sub-2nm capacity build-outs. Key enablers include advanced technologies such as gate-all-around (GAA) architecture and backside power delivery, which are essential to enhancing chip performance and power efficiency for increasingly demanding AI workloads. More advanced 1.4nm process technology is expected to enter volume production by 2028-2029. Additionally, AI performance improvements are anticipated to drive massive growth in edge-devices including automotive electronics, IoT applications, and robotics. Beyond advanced processes, demand across all nodes and various electronics devices is expected to surge significantly, fueling mature process equipment investment.

The Memory segment is projected to rank second with $136 billion in spending over the three-year period, marking the beginning of a new growth cycle for the segment. DRAM-related equipment investment is expected to exceed $79 billion from 2026 to 2028, with 3D NAND investment reaching $56 billion over the same period. AI training and inference have driven comprehensive demand increases across various types of memory. AI training requires greater data transmission bandwidth and extremely low latency, significantly boosting high bandwidth memory (HBM) demand. Moreover, model inference generates higher quality and more diverse AI digital content, creating substantial demand for end storage capacity and driving 3D NAND Flash requirements. This robust demand has sustained elevated levels of supply chain investment in memory over the medium to long term, helping to mitigate potential downturns from traditional memory cycle fluctuations.

Analog-related segments’ anticipated investment is projected to exceed $41 billion over the next three years.

Including Compound semiconductors, the power-related segment is expected to invest $27 billion from 2026 to 2028.

Regional Growth

Mainland China is expected to continue to lead in 300mm equipment spending with $94 billion in projected investments from 2026 to 2028, sustained by national self-sufficiency policies.

Korea is projected to rank second in global 300mm equipment spending over the three-year period with $86 billion invested, supporting industries worldwide in generative AI demand.

Taiwan is expected to invest $75 billion in 300mm equipment over the three years, ranking third. Investment will concentrate primarily on 2nm and sub-2nm capacity to maintain dominance in advanced foundry capacity and technology leadership.

The report projects Americas to invest $60 billion from 2026 to 2028, rising to fourth position. U.S. suppliers are expanding advanced process capacity to meet surging AI application demands while catalyzing domestic industrial and investment upgrades to maintain global technology development leadership.

Japan, Europe & Middle East, and Southeast Asia are projected to invest $32 billion, $14 billion, and $12 billion, respectively, over the three-year period. Policy incentives aimed at alleviating critical semiconductor supply concerns are expected to increase equipment investment by more than 60% in these regions by 2028 compared to 2024.

Part of the SEMI Fab Forecast database, the SEMI 300mm Fab Outlook lists 391 facilities and lines globally. The report reflects 173 updates and nine new fabs/lines projects since its last publication in January 2025.

For more information on the report or to subscribe to SEMI market data, visit SEMI Market Data or contact the SEMI Market Intelligence Team (MIT) at mktstats@semi.org.

About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts

Christian G. Dieseldorff/SEMI US
Phone: 1.408.943.7940
Email: cdieseldorff@semi.org  

Sherrie Gutierrez/SEMI Corporate
Phone: 1-831-889-3800
Email: sgutierrez@semi.org

Stephanie Quinn/Kiterocket (Media Inquiries)
Phone: 1-480-316-8370
Email: squinn@kiterocket.com  

 

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