Asia-Pacific Cloud Services Trends
Asia-Pacific Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure in Asia-Pacific, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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Asia-Pacific Cloud Services Trends
Explosion shatters Japan’s rocket test, halting ambitious plans
What happened Japan’s space agency aborted an engine test for the Epsilon S rocket on Tuesday (November 26) after it exploded and caught fire, a repeated failure that will likely push the rocket’s debut launch beyond the March-end target and delay the national space programme.…
Asia-Pacific Cloud Services Trends
North Korean hackers infiltrate firms as IT workers and recruiters
What happened North Korean hackers are increasingly posing as job seekers, recruiters, and venture capitalists to infiltrate multinational companies, security researchers at Cyberwarcon 2024 in Washington, DC, have warned. Their goal is to fund North Korea’s nuclear programme by…
Asia-Pacific Cloud Services Trends
China to test next-gen Beidou satellite network by 2027
What happened China announced its plan to test a next-generation Beidou satellite navigation system by 2027. This upgraded network aims to improve accuracy, speed, and coverage, surpassing the current Beidou capabilities. The new system will feature more advanced satellites…
Asia-Pacific Cloud Services Trends
Google announces two new subsea cables for Indo-Pacific connectivity
What happened Google announced plans to build two new subsea cables, “Topaz” and “Pearl,” to bolster digital connectivity across the Indo-Pacific region. These cables will link key hubs, including Southeast Asia, India, and Australia, aiming to handle increasing data demands and…
Asia-Pacific Cloud Services Trends
SmartJumper by Seiko Solutions: Streamlined IT access management with security and ease
Seiko Solutions Inc. has launched SmartJumper, an innovative access management software designed to simplify network operations. Focusing on usability, security, and seamless integration, SmartJumper offers a fresh approach to IT device management across Japan. In an exclusive…
Asia-Pacific Cloud Services Trends
GEM’s $36.7M fuels WadzPay’s global growth plans
___________ What happened WadzPay, a Singapore-based blockchain technology and financial services company, has secured a $36.7 million funding commitment through a Share Subscription Facility (SSF) agreement with GEM Global Yield. This capital will drive the company’s strategic…
Asia-Pacific Cloud Services Trends
GCash simplifies remittances with new UK/EU bank feature
What happened GCash, the Philippines’ leading finance super app, is expanding its international reach with the launch of a new UK/EU Bank Cash In feature. This move aims to simplify remittance transfers for the approximately two million Filipinos living in Europe. From November…
Asia-Pacific Cloud Services Trends
Layer-2 teams rally behind Ethereum’s overhaul vision
What happened Last week, at the biennial Devcon gathering in Bangkok, Thailand, developer Justin Drake laid out an ambitious plan to revamp Ethereum’s consensus layer architecture. This plan, targeting a launch in 2029, seeks to reduce transaction costs, improve scalability, and…
Asia-Pacific Cloud Services Trends
Japan’s new stimulus package aims to reshape crypto taxation
What happened Japan plans to introduce a major economic stimulus package with sweeping tax reforms, aiming for approval by the end of 2024. A key proposal includes a flat 20% tax on cryptocurrency transactions, replacing the current variable “miscellaneous income” tax, which can…
Asia-Pacific Cloud Services Trends
Wave Money teams up with Amdocs in Myanmar
What happened Wave Money, a prominent player in Myanmar’s financial sector, has recently entered into a partnership with Amdocs, a global leader in software and services for the communications and media industries. This collaboration was announced recently, with the intention of…
Asia-Pacific Cloud Services Trends
Samsung reaches key milestone at new semiconductor R&D complex
____________ What happened Samsung Electronics celebrated a key milestone with the tool-in ceremony for its new semiconductor R&D facility, NRD-K, at the Giheung campus in South Korea. The complex, set to begin operations in 2025, aims to drive advancements in memory, system LSI…
Asia-Pacific Cloud Services Trends
IDEX Biometrics signs deal to launch biometric cards globally
In a major step forward for biometric smart card technology, IDEX Biometrics has joined forces with South Korean manufacturer Cellfie Global to create and distribute advanced biometric metal and PVC cards for banks and fintech companies in the USA, Europe, and Asia. This deal…
Asia-Pacific Cloud Services Trends
US finalises $6.6B subsidy for TSMC to boost Arizona chip production
What happened The U.S. Commerce Department announced on Friday that it has finalised a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co (TSMC) to support semiconductor production in Phoenix, Arizona. This agreement is the first major deal under the $52.7 billion…
Asia-Pacific Cloud Services Trends
JD.com’s third-quarter revenue misses estimates
What happened JD.com’s third-quarter revenue has fallen short of analysts’ expectations, highlighting the growing challenges the company faces amidst China’s economic slowdown. The Chinese e-commerce giant reported a 5.1% increase in revenue, reaching 260.4 billion yuan ($35.95…
Asia-Pacific Cloud Services Trends
Foxconn rides AI wave to unstoppable Q3 growth
What happened Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Thursday (November 14) that third-quarter profit rose 7% year-on-year on robust demand for artificial intelligence servers. So far in 2024, Foxconn’s stock has surged over…
Asia-Pacific Cloud Services Trends
Revolutionary ‘morphing wheel’ from South Korea could change the future of transportation
What happened Engineers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a groundbreaking “morphing wheel” that adapts its shape to different terrains. The wheel uses advanced materials and actuators to automatically adjust, improving traction…
Asia-Pacific Cloud Services Trends
Tesla brings Cybercab to China, but can it catch up?
Tesla introduced a new Robotaxi product, the Cybercab, at its October press conference, aiming to begin production in 2026 and reach mass production by 2027. This launch represents a significant step for Tesla in autonomous driving technology and has attracted industry attention…
Asia-Pacific Cloud Services Trends
Visa offers flexible payments in fintech collaboration with Affirm
What happened Visa has announced the expansion of its flexible payments feature to the United States and United Arab Emirates through fintech collaboration with companies Affirm and UAE’s Liv Bank. Initially launched in Asia, including markets like Hong Kong and Japan, the Visa…
Asia-Pacific Cloud Services Trends
China semiconductor index rises as TSMC cuts off chip shipments
What happened China’s semiconductor industry is experiencing a notable surge, with the China semiconductor index nearing a three-year high following Taiwan Semiconductor Manufacturing Co.’s (TSMC) announcement that it would suspend shipments of advanced chips to specific Chinese…
Asia-Pacific Cloud Services Trends
Top tech news today: November 12, 2024
Top tech news today: Bitcoin’s record surge linked to Trump, FTX’s $1.8 billion lawsuit against Binance, South Korea’s chip law to counter U.S. restrictions, alongside new developments in AI, photonic chips, and tech regulations mark today’s top headlines. 1. Bitcoin reaches…