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
ASML shines bright in Q2 with bookings rise on AI demand
ASML announced better-than-expected earnings for Q2 of 2024 today on strong sales to China and with an increase in new bookings. Fouquet said 2024 is embarked as a “transition year” where ASML aims to maintain steady performance in preparation for a robust 2025.
Asia-Pacific Cloud Services Trends
ASML Q2 results show massive new orders for chips
OUR TAKEThe surge in ASML’s new orders, fueled by the booming demand for AI chips, highlights the intense race for technological dominance in the global semiconductor market. While China’s robust appetite for older-generation equipment showcases resilience in the face of…
Asia-Pacific Cloud Services Trends
Shopee Thailand enhances shopping experience with Meta partnership
Shopee Thailand and Meta integrate Shopee’s catalogues into Messenger, enhancing sales and customer engagement with AI for Thai language.
Asia-Pacific Cloud Services Trends
U.S. to target Chinese vehicle components and software
OUR TAKEThe surge in affordable Chinese car sales in the U.S. has prompted bans on Chinese components, increased tariffs, and data security measures, reflecting a mix of economic protectionism and geopolitical concerns, and potentially leading to U.S.-China negotiations.— Yasmine…
Asia-Pacific Cloud Services Trends
Tiny Japanese startup brings AI dating to the elderly
Samansa Company’s Loverse app is addressing Japan’s loneliness crisis among its ageing population through the provision of AI companionship.
Asia-Pacific Cloud Services Trends
TSMC Q2 profit soars 30% on AI demand
Taiwan Semiconductor Manufacturing Company is expected to report a 30% increase in second-quarter profits to $7.25 billion, driven by heightened demand for its advanced semiconductors used in AI applications, with its ADRs recently surpassing a trillion-dollar valuation.
Asia-Pacific Cloud Services Trends
Partior raises $60M to advance blockchain cross-border payments
Singapore’s blockchain fintech firm, Partior, declared the successful closure of its Series B funding round, securing $60 million.
Asia-Pacific Cloud Services Trends
iPhone shipments rebound thanks to AI and discounts
OUE TAKEApple’s iPhone sales rebounded slightly in the June quarter, with 45.2 million units shipped, up 1.5% year-on-year despite a slight decline in market share. This recovery was largely fuelled by heavy discounting during China’s 618 shopping festival. Apple’s strategic use…
Asia-Pacific Cloud Services Trends
Equinix considers to sell minority stake in Hong Kong assets
OUR TAKE Founded in Silicon Valley in 1998, Equinix has expanded globally and now has about 260 data centres worldwide, including nine markets in the Asia Pacific region, with top partners such as Amazon Web Services, Google Cloud and Oracle. The Nasdaq-listed company has a…
Asia-Pacific Cloud Services Trends
Singapore minister emphasises the necessity of world AI framework
Josephine Teo, Singapore minister, says AI governance framework is necessary and Singapore is more excited about AI over fear. Singapore prefers to embrace AI over fear, but it is necessary to take some specific legal measures to address AI deepfakes during elections.
Asia-Pacific Cloud Services Trends
Microsoft’s bold adoption of Apple in China amid safety scrutiny
Starting in September, Microsoft will offer Apple’s iOS-based devices to its employees in China, according to a recent announcement.
Asia-Pacific Cloud Services Trends
‘Awe and apprehension’ as China Internet Conference 2024 opens in Beijing
OUR TAKEAs I absorbed the discussions at the conference, I felt a mix of awe and apprehension. The rapid pace of technological innovation is undeniably thrilling, promising to reshape our world in profound ways. Yet, amidst the excitement, I couldn’t shake a sense of unease. What…
Asia-Pacific Cloud Services Trends
SG minister calls for AI framework to avoid ‘chaotic’ future
Singapore’s Minister of Digital Development, Josephine Teo, emphasised at the Reuters NEXT conference the necessity for an internationally agreed framework to govern AI.
Asia-Pacific Cloud Services Trends
Vanuatu PM looks to China’s Huawei for surveillance tech
Vanuatu Prime Minister Charlot Salwai visited Huawei in Shenzhen to review surveillance technology aimed at enhancing policing and reducing criminal activity.
Asia-Pacific Cloud Services Trends
Ocado and Aeon to build third robotic warehouse in Japan
Ocado is expanding its partnership with Japan’s Aeon by building a third robotic warehouse in Kuki-Miyashiro, Saitama, set to open in 2027.
Asia-Pacific Cloud Services Trends
Nvidia set to make $12B from AI chip sales in China
Nvidia is forecasted to dispatch over one million H20 accelerator chips to China this year, priced at $12,000-$13,000 each, potentially accruing $12 billion in revenue.
Asia-Pacific Cloud Services Trends
China holds AI event showing resilience toward US sanctions
Chinese tech companies showcased resilience and innovations at the World AI Conference in Shanghai despite US sanctions.
Asia-Pacific Cloud Services Trends
Taiwan central bank has no timetable for launch of digital currency
OUR TAKE A study released in March showed that a total of 134 countries, representing 98% of the global economy, are exploring digital versions of their national currencies, with more than half of them in advanced development, pilot or start-up stages.–Zora Lin, BTW reporter What…
Asia-Pacific Cloud Services Trends
Viral ‘China-spoiled’ video showcases China’s digital convenience
China-Spoiled highlights the struggle of those accustomed to these conveniences when returning to slower-paced environments.
Asia-Pacific Cloud Services Trends
China tops generative AI patents, with 38,000 in past decade
China leads the generative AI patent race, filing over 38,000 patents in the past decade, far surpassing the US.