Cloud Service
Cloud Service
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. The category connects company movement, public policy context, infrastructure reports, procurement signals, customer demand, service continuity, regional constraints, investment timing, and exposed organisations so readers can understand why a trend matters before it becomes a larger market story. Readers comparing cloud service market direction can use this page to evaluate confirmed evidence, regional execution risk, competitive positioning, governance exposure, capital pressure, and the institutions or companies most exposed to the shift across Asia-Pacific internet infrastructure markets. It is written for operators, investors, analysts, buyers, and policy readers who need a practical view of where the market is moving, which signals are durable, what evidence confirms the movement, and which infrastructure decisions may change planning assumptions over the next cycle.
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Cloud Service
China’s 3 largest telecoms companies announced plans for computing network and AI
China’s three major telecommunications companies China Telecom, China Mobile, and China Unicom announced plans to target cloud computing power and artificial intelligence (AI). 5G technology in China According to public data from the Chinese Ministry of Industry and Information…

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Hong Kong crypto exchange HKVAEX is shutting down
HKVAEX, a Hong Kong-based cryptocurrency exchange, has initiated a phased suspension of its services, leading to a complete shutdown by May 1, 2024. HKVAEX announces its phased shutdown The first step of the phased shutdown is the immediate suspension of new user registrations…

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Tesla raises prices in China and shrugs off price war
Tesla has raised the price of its Shanghai-made Model Y car, breaking away from a price war between a host of local tram brands. Tesla raises prices in China According to Tesla’s local website, the base Y is now priced at 263,900 yuan (US$36,519), up 1.9% from the previous…

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Xiaomi’s SU7 buyers face up to 7-month wait
Xiaomi started taking orders for its SU7 electric vehicle sedan, and the company advised buyers interested in purchasing its new SU7 electric vehicle sedan that they may have to wait up to seven months. China’s Xiaomi joins the EV race with ‘dream car’ to take on Tesla Xiaomi e…

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US, Japan call for deeper cooperation in AI
Japan and the U.S. will announce closer cooperation in high-tech areas such as artificial intelligence (AI) in a joint statement when Prime Minister Fumio Kishida meets with President Joe Biden next month. Cooperation between Japan and the United States According to the Asahi…

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China criticises US tightening of chip export rules
Delve into the escalating US-China tech tensions as China criticizes US semiconductor export rules. Explore the impact on major players like Nvidia and AMD and the broader implications for global trade and industry stability amidst geopolitical maneuvering. The tensions…

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Chinese Swatch consumers baulk at increased costs
The Chinese market is expected to be challenging until the end of the year as consumers are hesitant about price rises. Omega, Tissot, and Longines are considering having their shares delisted by the family, but this would require a lot of debt, which CEO Marc Hayek doesn’t like.…

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Japan to partner with EU in researching chips and EV materials
Japan and EU join forces to develop key materials for chips and EV batteries, aiming to reduce dependency on China amidst EU’s subsidy probe.

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Top tech news stories today: April 1, 2024
Hong Kong’s Crypto Exchange HKVAEX announces phased shutdown, Netflix takes on Facebook, OpenAI’s voice clone looks good, and more tech news from today. 1. Hong Kong crypto exchange HKVAEX announces phased shutdown HKVAEX, a Hong Kong-based cryptocurrency exchange, has initiated…

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China criticised the tightening of U.S. rules on semiconductor exports
China has criticised the US for tightening rules on semiconductor exports, saying it creates more barriers to trade and more uncertainty for the chip industry. Revised rules China is of the view that “the United States has expanded the concept of national security, arbitrarily…

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US and Mexico to partner on semiconductor supply chains
US will work with Mexico to explore semiconductor supply chain opportunities to reduce technology dependence on China and Taiwan.

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China’s Xiaomi joins the EV race with ‘dream car’ to take on Tesla
Xiaomi’s launch of the SU7 sedan marks its entry into the competitive EV market, targeting premium consumers with competitive pricing.

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US may soon release list of Chinese chip factories banned from receiving technology
The U.S. is working on a list of advanced Chinese chip-making plants that are banned from receiving critical tools so that companies can more easily stop the flow of technology into China. Restricted List The Commerce Department in 2022 barred U.S. companies from shipping…

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Xiaomi enters EV market amid China auto industry challenges
Xiaomi’s foray into Electric Vehicles On Thursday, China’s Xiaomi is slated to unveil its highly awaited electric vehicle (EV), disclose its pricing, and commence order intake, signifying the electronics firm’s foray into the automotive realm. Xiaomi CEO teases price on upcoming…

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Europe sells flying car technology to China
Klein Vision, a Slovakian company that created the AirCar, sold the exclusive rights to manufacture and use the aircraft within a “specific geographical region” of China to Hebei Jianxin Flying Car Technology Company. Information about the AirCar The AirCar, powered by a BMW…

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Micron Technology opens plant in China to consolidate business
Micron held a groundbreaking ceremony for its new factory in Xi’an, showing the company will strengthen its collaboration with the local supplier ecosystem in China. Business in China As mentioned by Sanjay Mehrotra, president and CEO of Micron, the US company has been…

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China will host a forum next month to promote the digital economy
China will host a forum next month to promote its digital economy growth model and foster the development of digital infrastructure in the Belt and Road Initiative partner countries. The Digital Silk Road Development Forum The Digital Silk Road Development Forum of the World…

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Alibaba drops Hong Kong IPO plan for logistics unit Cainiao
Alibaba Group Holding has decided to withdraw the initial public offering (IPO) of its Hong Kong logistics business, Cainiao, and has offered to buy all remaining shares in the unit. Alibaba’s big change The Hangzhou-based e-commerce giant said in a filing to the Hong Kong Stock…

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Ant eyes Europe and US for its Alipay+travel payment service
Chinese financial company Ant Group is looking to expand the global reach of its cross-border mobile payments service, Alipay+. Alipay+ in Japan Unit president Douglas Feagin said in Tokyo on Tuesday that Ant International aims to considerably boost the number of partner wallets…

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ByteDance-owned Douyin launches stand-alone shopping app in China
ByteDance-owned Douyin, the Chinese sister app of TikTok, has introduced a stand-alone e-commerce platform on the mainland. Douyin mall Douyin Mall was launched last week as a downloadable app for Android users in mainland China, the world’s largest smartphone market. A…
