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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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905 articles

Baidu’s robotaxi ambition draws sceptics after brief stock rally

Asia-Pacific Cloud Services Trends

Baidu’s robotaxi ambition draws sceptics after brief stock rally

OUR TAKE Baidu faces scepticism as it aggressively expands its Apollo Go robottaxi service in China, especially after expanding to Wuhan. Despite a temporary spike in share prices, the market remains cautious and quickly returned to previous levels, with analysts downgrading the…

Jul 24, 2024
China drops sanctions on US communications firm in rare reversal

Asia-Pacific Cloud Services Trends

China drops sanctions on US communications firm in rare reversal

OUR TAKEChina has announced the lifting of sanctions on Viasat Corporation, a US communications company. China’s decision marks a clear shift in its approach to international diplomacy and economic strategy, particularly in the high-stakes area of global telecommunications. By…

Jul 23, 2024
Grab expands dinner reservation services with Chope acquisition

Asia-Pacific Cloud Services Trends

Grab expands dinner reservation services with Chope acquisition

Grab acquires Singapore’s Chope to expand its services, including dinner reservations, to outcompete rivals in the Southeast Asian market. The acquisition sees Chope’s team joining Grab, with no job losses, and strengthens Grab’s ecosystem and advertising capabilities.

Jul 23, 2024
Hong Kong to launch Asia’s first inverse bitcoin ETF

Asia-Pacific Cloud Services Trends

Hong Kong to launch Asia’s first inverse bitcoin ETF

OUR TAKEHong Kong is set to make a big move in the cryptocurrency market with the launch of Asia’s first inverse bitcoin ETF, the CSOP Bitcoin Futures Daily (-1x) Inverse Product. This innovative financial product, which is set to launch on a Tuesday morning, will allow investors…

Jul 23, 2024
Top tech news stories today: July 23, 2024

Asia-Pacific Cloud Services Trends

Top tech news stories today: July 23, 2024

Fintech 1. Hong Kong to launch Asia’s first inverse Bitcoin ETF CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF. (Cointelegraph) IT infrastructure 2. Google scraps plan to remove…

Jul 23, 2024
Google Pixel’s new series set to launch

Asia-Pacific Cloud Services Trends

Google Pixel’s new series set to launch

OUR TAKEGoogle’s Pixel devices have increasingly asserted their dominance, emerging as the top Android brand in Japan and making notable inroads in North America and Australia. The upcoming Pixel 9 series exemplifies this progress with its advanced hardware and photography…

Jul 22, 2024
Nvidia tailors AI chips for China market under U.S. export controls

Asia-Pacific Cloud Services Trends

Nvidia tailors AI chips for China market under U.S. export controls

OUR TAKEThis movement could help Enflame, which is backed by Chinese companies such as Huawei and Tencent, grab a bigger share of the market for advanced AI processors.-Rae Li, BTW reporter What happened Nvidia is developing a version of its Blackwell family of AI chips, called…

Jul 22, 2024
Australia on alert: Cyber scams emerge following global outage

Asia-Pacific Cloud Services Trends

Australia on alert: Cyber scams emerge following global outage

The Australian Signals Directorate has issued an alert on the appearance of malicious websites and code after a global digital outage. The digital outage has had a wide-reaching impact on various sectors, including banking and aviation. CrowdStrike has released a fix currently…

Jul 22, 2024
‘City not city’: Foreign blogger’s charming TikTok vid goes viral

Asia-Pacific Cloud Services Trends

‘City not city’: Foreign blogger’s charming TikTok vid goes viral

OUR TAKE“City not city” originated from a foreign blogger’s China travel video, where he asked in unpolished Chinese if places felt “city” (urban, fashionable). Its humor and relatability sparked online interest. Remember that time when “Gangnam Style” took over YouTube? Well…

Jul 22, 2024
Hyundai begins local assembly of Ioniq 6 EV in Singapore

Asia-Pacific Cloud Services Trends

Hyundai begins local assembly of Ioniq 6 EV in Singapore

OUR TAKEHyundai Motor has started local assembly of the Ioniq 6 electric sedanat its Jurong plant in Singapore on Friday, making it the second electric vehicle model to be produced at its Jurong plant. This strategic initiative is in line with Hyundai’s commitment to expand its…

Jul 22, 2024
Manycore Tech plans $200M Hong Kong IPO this year

Asia-Pacific Cloud Services Trends

Manycore Tech plans $200M Hong Kong IPO this year

OUR TAKEManycore Tech of China, a maker of 3D design software, is preparing for an initial public offering (IPO) in Hong Kong to raise up to $200 million. The Hangzhou-based company, which was originally targeting a US listing in 2021, has shifted its focus to Hong Kong following…

Jul 22, 2024
Nikon fields ‘remarkable’ demand for older chip tools in China

Asia-Pacific Cloud Services Trends

Nikon fields ‘remarkable’ demand for older chip tools in China

OUR TAKENikon is capitalising on a surge in demand for its legacy lithography machines in China, driven by the country’s initiative to build an independent semiconductor supply chain. As US and allied restrictions limit access to the latest chip-making technologies, Chinese…

Jul 22, 2024
U.S. chip stocks fluctuate amid U.S.-China tech dispute

Asia-Pacific Cloud Services Trends

U.S. chip stocks fluctuate amid U.S.-China tech dispute

OUR TAKEThe semiconductor sector’s recent volatility underscores the precarious balance between geopolitical tensions and market stability. Investors must navigate these choppy waters with caution, yet remain hopeful in the industry’s proven resilience and capacity for…

Jul 22, 2024
Paytm’s loss widens as regulatory action continues to bite

Asia-Pacific Cloud Services Trends

Paytm’s loss widens as regulatory action continues to bite

OUR TAKEPaytm, a popular Indian fintech company, continued to suffer financial setbacks after its net loss doubled to $100 million in the first quarter of the fiscal year. Faced with stringent regulatory measures from the Reserve Bank of India, which almost shut down its banking…

Jul 22, 2024
US leadership ready for collateral damage in China tech war

Asia-Pacific Cloud Services Trends

US leadership ready for collateral damage in China tech war

OUR TAKEThese planned restrictions could hurt ASML and major U.S. tech giants, while China may use the opportunity to enhance its R&D capabilities and reduce reliance on Western technology, making the effectiveness of the restrictions uncertain.— Yasmine Luo, BTW reporter What…

Jul 22, 2024
India’s first unicorn sets sights on IPO after returning home

Asia-Pacific Cloud Services Trends

India’s first unicorn sets sights on IPO after returning home

OUR TAKEInMobi, a Mumbai-based mobile advertising company, is targeting an IPO in India in the second half of 2025, following its strategic decision to move its headquarters back to India from Singapore earlier this year. The move, spearheaded by founder Naveen Tewari, aims to…

Jul 22, 2024
Asia-Pacific gains from World Radiocommunication Conference

Asia-Pacific Cloud Services Trends

Asia-Pacific gains from World Radiocommunication Conference

The latest World Radiocommunication Conference advanced the Asia-Pacific region’s radio spectrum development.

Jul 19, 2024
U.S. trade fears over China spark $500B chip stock slide

Asia-Pacific Cloud Services Trends

U.S. trade fears over China spark $500B chip stock slide

Wall Street’s semiconductor index lost over $500 billion on Wednesday due to reports of potential U.S. export restrictions on China. Intel, a major beneficiary of the U.S. Chips Act with $52.7 billion in subsidies, may gain from geopolitical tensions but faces concerns over…

Jul 19, 2024
Google, Microsoft offer Nvidia AI chips to China

Asia-Pacific Cloud Services Trends

Google, Microsoft offer Nvidia AI chips to China

Google and Microsoft are sidestepping U.S. sanctions by offering Nvidia’s powerful AI chips to Chinese companies via overseas data centres.

Jul 18, 2024
US mulls tougher trade curbs in chip crackdown on China

Asia-Pacific Cloud Services Trends

US mulls tougher trade curbs in chip crackdown on China

OUR TAKEThe Biden administration is considering imposing tough new trade restrictions on foreign companies that supply semiconductor technology to China. The potential move, known as the Foreign Direct Product Rule (FDPR), is aimed at curbing the activities of companies such as…

Jul 17, 2024