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
HSBC and HKSTP collaborate to propel HK fintech development
HSBC and the Hong Kong Science and Technology Parks Corporation (HKSTP) have inked a three-year strategic partnership aimed at spurring innovation and fostering a more effective collaboration ecosystem between banks and fintech entities. The partnership, a first-of-its-kind…
Asia-Pacific Cloud Services Trends
Intel discloses US$7 billion operating loss for chipmaking unit
Intel disclosed on Tuesday that operating losses in its foundry business have worsened. The company is trying to recapture the technological lead that has been taken away by Taiwan Semiconductor Manufacturing (TSMC) in recent years. Intel’s operating losses Intel said the…
Asia-Pacific Cloud Services Trends
Major Thai crypto exchange bolsters workforce ahead of IPO
Thailand’s largest cryptocurrency exchange, Bitkub, is preparing for its IPO and actively seeking financial advisors to support the process.
Asia-Pacific Cloud Services Trends
Major Chinese telecom companies shift focus to AI
China’s three major telecom companies have announced new plans to shift their investment focus from 5G to cloud computing and AI.
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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.…
Asia-Pacific Cloud Services Trends
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.
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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.
Asia-Pacific Cloud Services Trends
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.
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…
Asia-Pacific Cloud Services Trends
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…