South Korea Allocates $7 Billion to Enhance AI Semiconductor Manufacturing
In a bold move to solidify its position as a global leader in the semiconductor industry, South Korea has announced a comprehensive $7 billion investment strategy aimed at significantly enhancing…
Singapore Authors Voice Worries About IMDA’s AI Model and Copyright Issues
Singapore’s Infocomm Media Development Authority (IMDA) is making strides in artificial intelligence with its development of a Southeast Asia-focused large language model (LLM). This ambitious project aims to create an…
Global Sources Mobile Electronics Exhibitions, Emdoor Digital Showcases New Technology Trends
From April 18th to 21st, Emdoor Digital presented its full range of products from Hall 7, Booth 7Q20, at Asia World-Expo’s Global Sources Mobile Electronics Exhibitions, Hong Kong. The Company…
Mindverse Raises $5 Million in Seed Funding to Transform AI-Driven Personalization
In a significant stride toward the future of artificial intelligence, Mindverse, a pioneering AI startup based in Singapore, has announced a successful $5 million seed funding round. Founded in 2022…
Microsoft Allocates $2.9 Billion to Enhance AI Technologies in Japan
In an ambitious move to bolster Japan’s position in the global digital economy, Microsoft has committed to a colossal $2.9 billion investment over the coming two years. This investment aims…
Amazon Subtly Introduces Bazaar, an Affordable Fashion Outlet in India
In a strategic move to cement its presence in one of the world’s most vibrant e-commerce landscapes, Amazon has discreetly rolled out Bazaar, a dedicated storefront within its India Android…
Regulatory Challenges Delay Crypto.com’s Launch in South Korea
Crypto.com, a prominent Singapore-based cryptocurrency exchange, has postponed its launch in South Korea following regulatory concerns. The delay comes after the South Korean Financial Services Commission (FSC) identified issues related…
Chinese EV manufacturers are wagering on their ability to surpass Japanese brands in Thailand’s market.
At the heart of the bustling Bangkok International Motor Show last month, an ambitious promise echoed through the venue: Hozon New Energy Automobile Co., operating under the brand Neta Auto,…
Singapore Tech Wages Dip in 2023; Select Jobs See Pay Hike
Singapore — In a landscape marked by technological advancements and shifting market dynamics, the tech industry in Singapore has witnessed a contrasting trend in salary movements throughout 2023. While the…
Shin-Etsu Chemical of Japan plans a big $545 million investment in a semiconductor materials facility.
In an era where technological advancements drive the global economy, the semiconductor industry stands as a critical pillar. Amidst this backdrop, Shin-Etsu Chemical, a leading Japan-based semiconductor materials manufacturer, announced…
Philippines SEC Instructs Apple and Google to Delist Binance App
On April 23, the Securities and Exchange Commission (SEC) of the Philippines took a decisive action against the cryptocurrency exchange Binance by instructing major tech companies Google and Apple to…
Samsung Electronics shares set for $326 million block sale, according to sources.
In a notable development within the South Korean stock market, Samsung Electronics (005930.KS) has experienced a substantial block sale involving approximately 5.25 million of its shares. This transaction is valued…
Bitcoin Halving May Create Demand Five Times Greater Than Supply, Says Bitfinex
The recent halving of Bitcoin’s mining reward has significant implications for the cryptocurrency’s market dynamics, possibly increasing demand to five times that of its supply, according to a new analysis…
The U.S. proposes $6.6 billion to TSMC for Arizona chip plants, aiming to boost security.
In a landmark move aimed at revitalizing the American semiconductor industry, the Biden administration announced on Monday a preliminary agreement that earmarks up to $6.6 billion in government funding for…
Thailand Enforces Ban on Unlicensed Crypto Exchanges to Combat Cybercrime
Thai authorities are taking decisive steps to regulate the cryptocurrency market by blocking unlicensed crypto exchanges from operating within the country. This move is aimed at curbing money laundering and…
Google is assisting Bengaluru in addressing its traffic issues by combining AI technology with traffic lights.
In the heart of India’s tech hub, Bengaluru, where the young and ambitious flock for burgeoning career opportunities, there’s a unanimous whisper among its denizens about the city’s Achilles’ heel…
Smartpay secures $7 million to reduce Japan’s website shopping cart abandonment rate
In a recent turn of events that highlights the persistent challenge of high website cart abandonment rates in Japan, local fintech startup Smartpay has secured a substantial $7 million in…
India’s space startup Agnikul postpones its first rocket launch once more.
In a surprising turn of events, the Indian aerospace startup Agnikul Cosmos has once again postponed the maiden launch of its Agnibaan rocket, citing technical issues encountered during pre-launch checks,…
Record $107 Million in Bitcoin Mining Revenue on Halving Day
On April 20, 2024, a landmark day in the cryptocurrency industry, Bitcoin mining revenue soared to a new all-time high, crossing the $100 million threshold for the first time. Miners…
China credits innovation, not subsidies, for its EV market lead amid Yellen’s ‘overcapacity’ concerns.
Beijing, China – In a recent statement during a roundtable discussion in Paris, Wang Wentao, China’s Minister of Commerce, addressed the rapid ascent of China’s electric vehicle (EV) industry, attributing…