The Latest Breaking News on Asian tech

Karnataka Assembly elections 2023 | Karnataka’s capital, which is known as the Silicon Valley of India and is the economic growth engine of the State, has mostly been in the news for all the wrong reasons over the past few years.

A statement by the ED revealed that ₹28,000 crore of Foreign Direct Investment (FDI) into the company, and ₹9,754 crore overseas direct investment by the company are under the scanner.

Samsung experienced year-over-year declines for most of its businesses.

Seoul (AFP) - Samsung Electronics on Thursday reported its worst quarterly profits in 14 years, blaming slowing consumer spending on electronics and a global microchip glut that hit its core memory business.

Hong Kong (AFP) - The United States has moved to block China's access to the most advanced semiconductors and the equipment and talent needed to make them in recent months, citing national security.

King Power Group is aiming for duty-free sales to reach 80% of the 2019 tally this year via both offline and online channels, as well as through new lifestyle retail stores, amidst a slow recovery of the Chinese market.

While the chip industry faces a strong demand with extensive usage of chips, supply chain disruptions coupled with other macroeconomic headwinds continue to keep fundamentally weak stocks under immense pressure. Hence, it could be wise to avoid struggling chip stocks Entegris (ENTG), Wolfspeed (WOLF), and indie Semiconductor (INDI). Continue reading….

Thai tech enabler Gable is planning to raise funds from the Stock Exchange of Thailand (SET) for future expansion, with the aim of driving the digital transformation market globally.

Thailand's digital business still has great potential for growth, with the value of goods and services purchased via digital platforms (business-to-consumer) estimated to total 895 billion baht this year, up 17.9% year-on-year, according to a recent study.