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
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…

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…

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.

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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.

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…

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.

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…
