Asia-Pacific Trends
Asia-Pacific Trends
Asia-Pacific market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across Asia-Pacific internet infrastructure markets. BTW.
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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 Institutional Trends
Australia plans to introduce a law against online scams
Australia will introduce a law mandating internet companies to proactively prevent online scams, with substantial fines for non-compliance.
Asia-Pacific National Telecom Trends
SoftBank acquires Graphcore, boosting UK AI chipmaker’s future
Japan’s SoftBank Group has acquired UK-based AI chipmaker Graphcore, providing the resources needed for competitive growth in the AI sector.
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 National Telecom Trends
SoftBank of Japan acquires British AI chipmaker Graphcore
British AI chip firm Graphcore, once valued at $2.58 billion, has been acquired by SoftBank for a reported $500 million.
Asia-Pacific Institutional Trends
Indonesia recovers data after major ransomware attack
Indonesia is recovering data from a major ransomware attack affecting over 160 government agencies, the attackers initially demanded ＄8 million, then he gave away the key for free.
Asia-Pacific Institutional Trends
Paytm gains crucial approval for investment in key subsidiary
India’s Paytm secured approval from a government panel to invest $6 million into its subsidiary, pending finance ministry clearance.
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.