Hong Kong Start-Up Pons.ai Brings Personalised Avatars to Corporate Events
A Hong Kong-based start-up is bringing generative AI to corporate events with a novel approach: personalised avatars. Pons.ai, operating from the government-funded Science Park, offers an AI photo booth platform…
China Implements Stricter Forex Controls Targeting Cryptocurrency Transactions
China’s State Administration of Foreign Exchange recently unveiled stringent regulations aimed at bolstering the scrutiny of financial transactions that include cryptocurrency dealings. These measures compel banks to identify and report…
Li Auto Expands Vision to Include AI and Robotics
Li Auto, a leading Chinese electric vehicle (EV) maker often compared to Tesla, is making a bold pivot toward artificial intelligence (AI) and robotics. According to founder and CEO Li…
Seoul Semiconductor Wins German Court Case Against Signify
A German court has mandated the recall and destruction of certain products from Signify, a Netherlands-based lighting manufacturer, for infringing patents held by South Korea’s Seoul Semiconductor. The ruling, announced…
Tesla Explores HBM4 Chips from Samsung and SK Hynix for Its Dojo Supercomputer
Tesla is diving into the next frontier of AI hardware, exploring HBM4 memory chips from South Korean giants Samsung and SK Hynix to supercharge its custom-built Dojo supercomputer. According to…
Japan Airlines Overcomes Cyberattack to Resume Ticket Sales
Japan Airlines Co. (JAL) announced the resumption of ticket sales for both domestic and international flights following a system malfunction attributed to a cyberattack on Thursday morning. The airline confirmed…
Honda Nissan Partnership Could Challenge BYD’s Global Dominance
Honda Motor Co’s proposed acquisition of Nissan Motor Co could provide the scale needed to challenge China’s BYD Co, sales data revealed Wednesday. The move highlights mounting pressure on Japanese…
Xiaomi Opens Its First Directly Managed Store in Singapore
Xiaomi has officially launched its first directly managed store in Singapore, located in Funan, on December 21, 2024. This marks a departure from its earlier distributor-operated outlets, as Xiaomi Singapore…
Australia Continues 29-Month Streak of Monthly Increases in Bitcoin ATMs
Australia has seen a continuous monthly increase in Bitcoin automated teller machines (ATMs) for over two years, nearly surpassing the total number in Europe and reinforcing its position as a…
Japan Airlines Faces Cyberattack Delays Flights
Japan Airlines experienced a cyberattack on Thursday, causing disruptions to some domestic and international flights. The incident began at 7:24 a.m. (2224 GMT), impacting both internal and external systems, according…
Global Production Slows for Toyota Despite Rising Sales
Toyota Motor Corp. revealed that its global production dropped for the 10th consecutive month in November, manufacturing 869,230 vehicles—a 6.2% decrease compared to the same period last year. Despite this…
WuXi AppTec Offloads Gene Therapy Unit Amid Rising US Restrictions
WuXi AppTec, a prominent Chinese company listed on the Shanghai Stock Exchange, has announced the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies, to U.S.-based private…
India’s Satellite Constellation Plan Gains Interest from 30 Companies
India’s initiative to establish home-grown Earth observation (EO) satellite constellations has drawn interest from 30 companies, marking a significant step in reducing dependence on foreign data for critical applications like…
Japan’s Prime Minister Hesitant on Bitcoin National Reserve
Japan’s Prime Minister Shigeru Ishiba has expressed reservations about integrating Bitcoin into the nation’s strategic reserves, highlighting a lack of comprehensive information on how other countries, particularly the United States,…
China’s Dahua Technology Ends Xinjiang Projects
China’s Zhejiang Dahua Technology, a leading video surveillance equipment manufacturer, announced its decision to exit five government projects in the Xinjiang region. According to a filing on Monday with the…
China’s CATL Launches EV Chassis With Safety as the Key Feature
China’s CATL, the world’s largest electric vehicle battery manufacturer, has unveiled an EV chassis designed to prioritize safety. The platform, called “Panshi” (or “Bedrock”), can reportedly endure a frontal impact…
South Korea Imposes Sanctions on 15 North Koreans Linked to Crypto Thefts and Cyber Crimes
Global governments are intensifying their efforts to combat cyber crimes, with North Korean hackers being implicated in a significant portion of cryptocurrency thefts in 2024. These hackers, including members of…
Chinese EV Maker Nio Debuts Firefly Cars to Challenge Mini and Smart
Nio, the Chinese electric vehicle (EV) manufacturer, has unveiled its Firefly-branded small car, designed to compete with BMW’s Mini and Mercedes-Benz’s Smart. The announcement, made by CEO William Li at…
Singapore and Hong Kong Emerge as Leaders in Blockchain Innovation
Singapore has been declared the global leader in blockchain technology according to a comprehensive study conducted by ApeX Protocol, a multichain liquidity platform. This analysis, which evaluated the world’s foremost…
Growth in China’s Foldable Smartphone Market Slows This Year
China’s foldable smartphone market is losing momentum in shipment growth, according to Counterpoint Research. While the country is projected to account for over half of global foldable handset shipments in…