Chip happens: Vietnam’s semiconductor conundrum

More: Sea Group’s Q3 net loss. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Vietnam’s big chip decision]( - The US$5 million series A round of a Singapore-based robot programming platform - Other newsy highlights such as Sea Group being in the red for Q3 --------------------------------------------------------------- Hello {NAME} A friend and mentor once told me: “To everything, there truly is a season.” In life, we’re constantly presented with decisions to make, but - even though we might not know it at the time - some of those are false choices. If you aren’t actually ready for something to happen, forcing it likely won’t make a difference. On the other hand, if you’re objectively all set to make the leap - even if you approach it with apprehension - chances are you’ll succeed. All of this is a long-winded way of saying what will be, will be, and all we can do is to make a decision when we come to these forks in the road and do our best with it. It’s not a very satisfying answer, but that’s life. Vietnam appears to be at a crossroads when it comes to how it should enter the global chip supply chain. Read on to find out the options the country has in front of it. -- Winston  ---------------------------------------------------------------  THE BIG STORY [Vietnam’s chip ambition cramped by talent shortage]( Experts suggest focusing on lower-end segments that Vietnam can excel in. --------------------------------------------------------------- TRENDING NEWS [Sea Group returns to net loss in Q3, posts 4.9% revenue uptick]( Most of the Singapore-based tech giant’s revenue for the quarter came from its ecommerce arm Shopee, which contributed US$2.2 billion. [Augmentus raises $5m to expand no-code robotics solution globally]( The Singapore-based firm plans to use the funds to grow its operations in the US, Europe, and greater Asia. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Indonesia’s top-funded tech companies in the last decade]( Which companies in the country are getting the lion’s share of investments? This automated tracker will help you stay up to date. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [How to design a solid global growth plan with G-P]( on November 16 G-P is hosting a panel discussion and networking session to share how companies can approach a new era of growth. Find out what lies ahead with Allen Jaeyoon Lee, head of people at Aspire, Rachelle Alexis Lim, executive director of strategy and business development at 2C2P, and Kevin Sutantyo, partner at Sovereign's Capital. Sign up for the event [here](. - [Tech in Asia’s Founders Meetup: Vietnam on November 30]( Did you miss us last June? Great news - we’re coming back to Ho Chi Minh City on November 30 for another round of our networking event! With over 3,000+ startups and four unicorns, Vietnam is poised to become a prominent startup hub in Southeast Asia. While opportunities abound in Vietnam’s startup scene, issues like talent shortage and regulatory hurdles also persist. Need some insights on how to navigate and thrive in this scene? Come join us at the Hive Villa (29 Nguyễn Bá Lân, Thảo Điền, Quận 2, Thà nh phố Hồ Chí Minh 713385, Vietnam) from 6:30 p.m. to 8:30 p.m (GMT+7). Connect with fellow startup leaders to learn how you can grow beyond the early stages of your journey and explore solutions to pressing concerns. [Sign up now!](  - [Brushstrokes to Success: Design a Solid Growth Plan for 2024 on November 16]( Time to get creative and spice up your decision-making game with fellow senior leaders, talent managers, and founders! Hosted at Bridge+ on November 16, mingle with peers from Meta, P&G, GoTo, UOB, Oracle, Agoda, Obayashi, VMLY&R, Ant Group, Circles.Life, and more to get insider tips on supercharging your strategies. Come enjoy an evening filled with networking opportunities, free-flowing refreshments, fun quizzes, an interactive panel, an open Q&A, a modern calligraphy activity, and more - it’s all on the house! [Tickets are almost gone so grab yours now]( ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Dexian - [DISYS Operations in Malaysia, Singapore, and Thailand Rebranded to Dexian Asia Pacific]( Extends global platform of staffing and business solutions throughout the APAC Region. - ChargeSini - [ChargeSini Signed MOU with Mydin Hypermarkets!]( ChargeSini today officialling inked a (MoU) with Mydin Hypermarket with total of 24 outlets with ChargeSini. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Financing Manager (Manado)]( at Moladin Digital Indonesia Manado, Indonesia - [Real Estate Consultant]( at Propseller Singapore, Singapore - [Senior Product Manager (Finance)]( at AwanTunai Jakarta, Indonesia - [Site Reliability Engineer]( at Kick Avenue Indonesia Bulk Terminal, Indonesia - [Accounting & Tax]( at Scout.inc Indonesia Bulk Terminal, Indonesia - [Sales Acquisition - Home Living (Yogyakarta / Sleman)]( at Evermos Yogyakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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