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The Latest Breaking News on Asian tech

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.

Bangkok Post

3 Chip Stocks STILL Struggling With Supply Chain Issues and Meeting Demand

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….

StockNews.com

Gable expecting IPO to underpin expansion drive

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.

Bangkok Post

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Digital business estimated to reach B895bn this year

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.

Bangkok Post

This Financial Stock With Buy Rating Showing Major Value

Japanese financial company ORIX Corp. (IX) looks well-positioned to capitalize on the resilient financial sector of the country, but its shares trade at a reasonable valuation. Therefore, this stock might be a solid buy now. Read on….

StockNews.com

1 Semiconductor Stock, and 1 Consumer Defensive Stock to Own Today

Despite cooler-than-expected inflation data in March, growing recession risks due to turmoil in the banking sector are weighing on investor sentiment lately. Given an uncertain macro backdrop, it could be wise to scoop up shares of semiconductor titan Taiwan Semiconductor Manufacturing (TSM) and consumer defensive stock Diageo plc (DEO), which…

StockNews.com

Samsung Cutting Memory Chip Production as Profit Slides

Samsung Electronics said Friday it is cutting the production of its computer memory chips in an apparent effort to reduce inventory as it forecasted another quarter of sluggish profit. The South Korean technology giant in a regulatory filing said it has been reducing the production of certain memory products by…

Asharq Al-Awsat

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Samsung cutting memory chip production as profit slides

Samsung Electronics is cutting the production of its computer memory chips in an apparent effort to reduce inventory

The Independent UK

Billionaire Anil Agarwal's chip dream at risk as hurdles mount

NEW DELHI: Billionaire Anil Agarwal's plan to build a $19 billion chipmaking plant in India is floundering as his venture struggles to secure a technology partner and faces challenges in obtaining financial incentives from the government.

The Times of India

US's semiconductor subsidy is counterproductive

Last year's US CHIPS and Science Act created large subsidies for investments in domestic semiconductor fabrication facilities (fabs) because microchips are essential to the US economy and national security. But while no one disputes the importance of chips (which are used in everything from cruise missiles to refrigerators), there are…

Bangkok Post

2 Wallet-Friendly Chip Stocks to Buy Under $15

Despite significant turmoil in the semiconductor industry, global sales reached a record high last year. The sector is anticipated to grow steadily over the long term. Therefore, investing in fundamentally strong wallet-friendly chip stocks Renesas (RNECF) and Nikon (NINOY) could be a good idea. These stocks are currently trading under…

StockNews.com

SET urges caution after Delta surges to new high

The Stock Exchange of Thailand (SET) has told investors to exercise caution when trading shares of Delta Electronics Plc after the price surged for three consecutive days to reach an all-time high of more than 1,100 baht yesterday.

Bangkok Post

These 3 Industrial Stocks Are Diamonds in the Rough

With government incentives aimed at restoring and increasing manufacturing activity, industrial stocks CIRCOR International (CIR), The Manitowoc Company (MTW), and DXP Enterprises (DXPE) could be worth investing in for impressive long-term gains. Continue reading….

StockNews.com

Break up India’s biggest companies, former deputy governor of RBI Viral Acharya says

MUMBAI: India’s biggest conglomerates, which wield immense pricing power in the retail, resources and telecommunication sectors, are contributing to elevated inflation and should be broken up, a former central banker said.

The Times of India

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StockNews.com

Forget NVDA, Buy These 3 Semiconductor Stocks Instead

The semiconductor industry is well-positioned for long-term growth due to robust chip demand with the advancement of technology. While NVIDIA (NVDA) receives much attention from investors, I believe STMicroelectronics (STM), Sumco (SUOPY), and Tower Semiconductor (TSEM) are better investments right now. Read on.

The Independent UK

Scandal-plagued Japan tech giant Toshiba gets tender offer

Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a $15 billion tender offer from a buyout fund made up of the nation’s major banks and companies

StockNews.com

3 Semiconductor Stocks to Buy Over of Nvidia in 2023

The semiconductor sector is poised for long-term expansion, aided by high chip demand and government initiatives. While semiconductor stock, NVIDIA (NVDA) has gained significant investors’ attention, I think Taiwan Semiconductor Manufacturing (TSM), Broadcom (AVGO), and United Microelectronics (UMC) could be better buys now. Let’s discuss.

StockNews.com

4 Chip Stocks to Consider Buying in 2023

Despite cyclical ups and downs, the chip industry is expected to expand significantly in the upcoming years due to the high demand for chips and favorable expenditures. Therefore, fundamentally sound stocks Taiwan Semiconductor (TSM), STMicroelectronics (STM), United Microelectronics (UMC), and Photronics (PLAB) might be solid buys in 2023. Read more….

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The Independent UK

Taiwan chip pioneer warns US plans will boost costs

The founder of the processor chip industry's biggest manufacturer is warning that U.S. government efforts to move production from Asia to the United States will as much as double their cost

Bangkok Post

Influential Brands and its Thailand Partner, Neo Target, held the “2022 ASIA CEO SUMMIT & AWARD CEREMONY" to recognize the Top CEOs and Brands in Thailand and Asia

Thailand (March 15,2023) - Influential Brands and Neo Target jointly organized an award ceremony to honor over 20 top brands that have had the highest impact on consumers and have been most successful in their business operations. Additionally, four "Outstanding Leadership Awards" were conferred on business leaders who had created…

StockNews.com

2 Chip Stocks to Buy in 2023 and 2 to Avoid Completely

Despite the current short-term cyclical downturn, the long-term outlook for the chip industry remains strong thanks to the increasing application of chips in powering critical technological trends. Therefore, quality chip stocks Taiwan Semiconductor Manufacturing (TSM) and Broadcom (AVGO) could be ideal buys this year. However, it could be wise to…

Asharq Al-Awsat

Samsung Electronics to Invest $230 Bln Through 2042 in South Korea Chipmaking Base

South Korean tech giant Samsung Electronics expects to invest $230 billion over the next 20 years to develop what the country's government called the world's largest chip-making base, in line with efforts to boost the national chip industry. Samsung's around 300 trillion won project is part of a 550 trillion…

The Independent UK

Samsung to invest $230 billion to build "mega" chip cluster

Samsung Electronics said Wednesday it expects to invest $230 billion over the next 20 years as part of an ambitious South Korean national project to build the world’s largest semiconductor manufacturing base near the capital, Seoul

WEKU

Masatoshi Ito, who brought 7-Eleven convenience stores to Japan, has died

Convenience stores known as konbini have become a consumer staple in Japan. The country had more than 20,000 7-Eleven stores as of 2018.

The Times of India

Gautam Adani stock rout puts spotlight on billions flowing through Mauritius

The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again reviving questions about the country’s role as a tax haven for India’s tycoons.

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