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The Latest Breaking News on Asian tech

Thai online marketplaces finally move into profit

Thailand's e-marketplace players are shifting to profitability after almost a decade of losses, attributed to cautious spending, operating adjustments and increasing service fees.

Bangkok Post

Intel Corporation (INTC): Buy, Sell, or Hold?

Leading chip maker Intel (INTC) reported poor first quarter 2023 results, with declining revenue and rising losses. Despite its long-standing reputation, the company seems to be struggling to keep up with its competitors. Hence, I think this fundamentally weak stock might be best avoided. Read more.

StockNews.com

3 Semiconductor Stocks to Buy Under $15

With technological advancements and the growing demand for connectivity, the semiconductor industry has experienced robust growth. Hence, it could be wise to invest in the shares of Nikon Corporation (NINOY), Park Aerospace (PKE), and Everspin Technologies (MRAM), trading under $15, which are poised to capitalize on the industry’s tailwinds. Learn…

StockNews.com

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I&B Ministry to organise conclave to mark nine years of Modi government

Three panel discussions will be organised during the conclave.

The Hindu

Korean firms set to invest B7bn locally

Five South Korean companies are keen to embark on new investment projects in Thailand, ranging from an electric vehicle (EV) business to the construction of a new industrial estate, says the Industrial Estate Authority of Thailand (IEAT).

Bangkok Post

Kishida takes hands-on approach toward chipmaking

Semiconductors are increasingly important from the perspective of economic security. The Japanese government is scrambling to attract investment in Japan by major foreign manufacturers to revive the Japanese chipmaking industry.

The Japan News/Yomiuri

Clutch of U.S. firms to expand operations in Hyderabad

Entities from the U.S. met Telangana Industries and IT Minister K.T. Rama Rao and his officials

The Hindu

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3 Chip Stocks to Buy This Week

Despite significant setbacks over the previous year, the semiconductor industry’s future appears bright. Also, given the government initiatives, we think quality chip stocks Analog Devices (ADI), Camtek (CAMT), and inTEST (INTT) might be worth buying. Read on.

StockNews.com

India poised to catapult to forefront of digital innovation with thriving digital economy, tech use: U.S. Ambassador Eric Garcetti

“India with its vast population, thriving digital economy and technology use is poised to leverage transformative power of 5G, and in future 6G, to catapult itself to the forefront of digital innovation” U...S Ambassador to India, Eric Garcetti said on May 23

The Hindu

BoI posts 77% rise in value

The value of investment in Thailand soared by 77% year-on-year to 185.7 billion baht from 397 project proposals between January and March, with South Korea being the top foreign investor in terms of value in the first quarter, says the Board of Investment (BoI).

Bangkok Post

Aerospace firms Garuda, Naini team up for drone manufacturing

Chennai headquartered drone start-up Garuda Aerospace and Naini Aerospace engineering Limited (NAeL), a wholly owned subsidiary of HAL (Hindustan Aeronautics Limited) under the administrative control of the Ministry of Defence, have signed a joint development partnership to manufacture Advanced Precision Drones.

The Hindu

India, South Korea agree to deepen cooperation in trade and investment and defence

Prime Minister Narendra Modi on May 20 held productive bilateral talks with South Korean President Yoon Suk Yeol during which they agreed to deepen cooperation in areas like trade and investment, IT hardware manufacturing and defence.

The Hindu

UK’s £1bn strategy for semiconductor industry lacks ambition, say critics

While the US and EU announce bigger programmes, one British startup says the government’s investment figure is less than the cost of one basic plant

The Guardian - UK

Semiconductor industry given £1bn boost in plan to reduce reliance on China

Prime Minister Rishi Sunak said the investment would help ‘build our competitive edge on the global stage’.

The Independent UK

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Evening Standard

What is a semiconductor? Rishi Sunak plans partnership with Japan

The UK Government is reportedly set to announce a computer chip partnership with Japan, but what would this mean?

The Hindu

It's important to de-risk global economy in era of volatility and uncertainty: Jaishankar

In the era of volatility and uncertainty, it’s important to de-risk the global economy and yet to ensure that there is very responsible growth, External Affairs Minister S. Jaishankar has said. His remarks came following the first meeting of the India-EU Trade and Technology Council (TTC) held in Brussels on…

Al Jazeera

Pig heads, BBQs: Mosque backlash tests S Korea religious freedom

Plan to rebuild small mosque for Daegu university students has come up against a powerful conservative Christian lobby.

Bangkok Post

Tycoon highlights rising living costs

A new government, led by the Move Forward Party, should pay heed to high living costs and expensive electricity bills and continue to promote the domestic steel industry, says Somsak Leeswadtrakul, a steel magnate and philanthropist.

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StockNews.com

2 Chip Stocks to Watch

Despite major challenges over the last year, the semiconductor industry’s prospects look promising. With tech advancements, the industry is expected to witness robust demand. Therefore, quality chip stocks Camtek (CAMT) and inTEST (INTT) could be worth adding to your watchlist. Read on.

Newslaundry

Why semiconductors are central to geopolitics and where India stands in the power matrix

With India’s recent objection to the American CHIPS Act at the World Trade Organisation, the focus is back on the economic, technological and geopolitical significance of the semiconductor industry.

The Hindu

India-EU trade, technology council first meeting at Brussels on May 16

first ministerial-level meeting of India-European Union Trade and Technology Council (TTC) will be held on May 16 in Brussels to discuss ways to increase cooperation in strategic technologies

Bangkok Post

Board of Investment to invite Korean executives to capitalise on opportunities

The Board of Investment (BoI) is preparing to organise a roadshow in South Korea to bolster foreign investment in Thailand, part of its five-year investment promotion strategy.

The Hindu

T.N. Cabinet reshuffle | After removal as Finance Minister, Palanivel Thiaga Rajan says past two years ‘most fulfilling’

Shortly after being divested of his Finance and Human Resources Management portfolios, Palanivel Thiaga Rajan on May 11, tweeted that the past two years were the “most fulfilling” in his his life and that he looked forward to re-establishing Tamil Nadu’s position as a leader in the Information Technology sector,…

The Independent UK

Japan, South Korea partnership funds to go to chips, energy

Top business leaders from Japan and South Korea will use a fund meant to underscore the two countries’ burgeoning ties to strengthen their cooperation in energy, industry and other sectors

The Hindu

KTR commends State police for professional excellence

K T Rama Rao participated in a string of development programmes in Bellampalli town of Mancherial district

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