Taiwan’s Central Bank Announces No Set Timetable for Digital Currency Launch
Taiwan’s central bank announced on Sunday that there is no set timetable for the launch of a digital currency, emphasizing the “huge and complex” nature of the undertaking. Despite this,…
Samsung Electronics Workers Strike Amid Rising Union Influence in South Korea
Samsung Electronics employees commenced a three-day strike on Monday, demanding higher wages and better working conditions. This move marks the latest effort by the National Samsung Electronics Union (NSEU) to…
Positive Outlook for Chinese AI Market Amid Western Scrutiny
Chinese artificial intelligence (AI) sector showcased its determination and innovation this week at a significant fair in Shanghai, signaling confidence in overcoming Western-imposed restrictions. The event saw companies unveiling advanced…
BYD’s Significant EV Price Cuts in Thailand Ignite Controversy; Prime Minister Demands Clarification
Thailand’s consumer protection agency has launched an investigation into BYD dealerships following numerous complaints from consumers about aggressive discounting tactics that have left many buyers feeling they overpaid for their…
Malaysia and Indonesia Emerge as Key Beneficiaries in ASEAN Amid Data Center Boom
Malaysia and Indonesia are emerging as prime beneficiaries in ASEAN from strong global demand growth for new data centers amid AI proliferation, according to research house CGS-International. The increasing data…
Tesla Model Y Approved for Official Use in China
Tesla has achieved a notable milestone in China as its Model Y has been added to a government procurement list in Jiangsu province, marking the first time Chinese government workers…
How China’s EV Battery Makers Compare in Energy Storage
China’s electric vehicle (EV) battery giants, CATL and BYD, are making significant strides in the burgeoning market for stationary energy storage. Both companies are leveraging their expertise and resources to…
Telegram Launches Stars for Content Creators, Expands Crypto Use
Telegram is enhancing its monetization capabilities by enabling content creators to share and monetize their work directly on its platform using a new digital currency called Stars. Introduced last month,…
Huawei Executive Dismisses Concerns Over Advanced Chip Shortage Impacting China’s AI Goals
At the World AI Conference in Shanghai, a three-day event that began on Thursday, Huawei’s senior executive Zhang Ping’an dismissed concerns that a shortage of advanced artificial intelligence (AI) chips…
SoftBank has discussed funding an energy project with banks, The Information reports.
In a strategic move to capitalize on the burgeoning demand for energy driven by advancements in generative artificial intelligence, Japanese technology investor SoftBank Group is actively engaging in discussions with…
Binance.US ‘Prepared’ for SEC Legal Showdown
Binance.US, the United States-based branch of the global cryptocurrency exchange Binance, is gearing up for an extended legal battle with the Securities and Exchange Commission (SEC). According to an announcement…
Crypto ‘Relief Rally’ May Be Just Beginning, with Sellers Exhausted
The cryptocurrency markets may be poised for a “relief rally” following a tumultuous June, with analysts suggesting that selling pressure on exchanges has eased. Crypto intelligence platform Santiment posted an…
Hyundai and LG Energy of South Korea Launch Indonesia’s First Battery Cell Plant
Hyundai Motor Group and LG Energy Solution have opened a $1.1 billion battery cell plant in Indonesia, marking a significant milestone for the country’s ambitions to become an electric vehicle…
Australia Spy Agency Partners with Amazon to Move Intelligence Data to the Cloud
SYDNEY – In a significant technological advancement, Australia will transition its top secret intelligence data to the cloud through a A$2 billion deal with Amazon Web Services (AWS). Defence Minister…
Foxconn Secures License to Invest an Additional $551 Million in Vietnam, Media Reports
Foxconn Singapore has been granted a license to invest $551 million in two innovative projects aimed at producing smart entertainment products and smart-system equipment in Quang Ninh, a northern province…
Samsung’s Exynos W1000 Chip to Power the Upcoming Galaxy Watch7 Series
Samsung is set to showcase its latest innovation in smartwatch technology at the much-anticipated Galaxy Unpacked event in Paris on July 10. The tech giant has recently announced the Exynos…
Huawei and Wuhan Xinxin team up on high-bandwidth memory chips despite US restrictions.
Huawei Technologies has announced a strategic collaboration with Wuhan Xinxin Semiconductor Manufacturing Co. to advance the development of high-bandwidth memory (HBM) chips. These cutting-edge memory chips are integral to the…
Japan introduces humanoid robot for railway maintenance operations
In an innovative step toward addressing labor shortages and enhancing safety, West Japan Railway has unveiled a new humanoid robot designed to assist with maintenance work. While its appearance may…
Nintendo President Confirms Generative AI Will Not Be Used in Games
Despite the growing trend of video game corporations implementing generative AI technology, Nintendo has taken a unique and public stance against its widespread use. President Shuntaro Furukawa explained the company’s…
Japan’s Government Phases Out Floppy Disks
In a significant technological shift, Japan has bid farewell to floppy disks, marking the end of an era for the country’s government computer systems. Announced by the Japan Digital Agency…