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The Latest Breaking News on Asian tech

LiVE Exchange (LiVEx), the bourse for small and medium-sized enterprises (SMEs) and startups under the Stock Exchange of Thailand, plans to list energy solutions provider Sitron Power Plc today under the ticker symbol SITRON22.

Bangkok Post

Office preps 8 digital transformation steps

Equipping people with digital skills in local communities, stimulating a 5G ecosystem and supporting digital content as a means of soft power are among eight projects the Office of the National Digital Economy and Society Commission (ONDE) aims to pursue in 2023 to improve the country's digital landscape.

Bangkok Post

India's Paytm to buy back shares after 75% stock rout

Mumbai (AFP) - Indian mobile payments giant Paytm will launch a share buyback, it said Tuesday, offering investors little more than a third of what they paid just over a year ago in the country's then-biggest IPO.

AFP

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Hatari founder among Forbes' philanthropy heroes

Joon Wanavit, the 85-year-old founder of Hatari Electric, has been named among Asia's 2022 Heroes of Philanthropy by Forbes Magazine.

Bangkok Post

Tall order

Monks and other temple staff dust under the eaves of the Great Main Hall as part of a year-end cleaning ritual at Naritasan Shinshoji temple in Narita, Chiba Prefecture, early Tuesday morning. A senior temple official lit a sacred goma fire at around 5 a.m. to announce the start of…

The Japan News/Yomiuri

Semiconductors perk up with a coffee, researchers find

Caffeic acid could boost current flow in electronic devices by 100 times, research shows

Evening Standard

China launches WTO dispute over US chip sanctions

Beijing (AFP) - China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said in a statement late Monday, accusing Washington of threatening global supply chains.

AFP

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Government sets new digital goalposts

The government is moving towards the third phase of Thailand's digital landscape development plan in a bid to reach the top 30 of the World Digital Competitiveness Ranking, with the digital economy contributing 30% of the country's GDP in five years.

Bangkok Post

IBD 50: Analog Devices Makes Power Move After Breakout; Strong Sales, Earnings And Charts

Chip stock Analog Devices has formed a hyper-bullish three-week tight pattern after breaking out; stellar growth and earnings power the stock

Investors Business Daily

Consumers cut spending, wait for sales

Thai consumers have cut back their spending this year amid rising inflation, but more than half plan to make digital purchases during the sales season, while online shopping across Southeast Asia declined from last year, a recent study revealed.

Bangkok Post

Grab focuses on long-term journey

Amid economic uncertainty and a spending slowdown, super-app Grab projects the industry is moving towards new business practices where price wars become less intense, focusing instead on building customer loyalty and broadening customer segments.

Bangkok Post

Google Year In Search: Two London attractions were the most searched-for

This year, people around the globe searched for two of London’s top landmarks.

Evening Standard

IEAT plans to build 2 BCG estates

The Industrial Estate Authority of Thailand (IEAT) plans to build two new so-called "BCG industrial estates" in Rayong and Lamphun under a 3-billion-baht investment.

Bangkok Post

How not to retire: South Korean ex-president bedevilled by protests

Pyeongsan (South Korea) (AFP) - After five years running South Korea, former president Moon Jae-in moved to a peaceful village far away from Seoul, in search of a quiet retirement. Then the protests began.

AFP

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Reuters

South Korea issues second back-to-work order, striking truckers to vote

South Korea ordered truckers in the steel and petrochemical industries to end their strike on Thursday, widening a back-to-work decree beyond the cement industry after nationwide industrial unrest has disrupted supply chains.

Investors Business Daily

Korean E-Commerce Coupang Stock Meets 80-Plus Relative Strength Rating Benchmark

A Relative Strength Rating upgrade for Coupang shows improving technical performance.

Axios

The U.S. chip boom is just beginning

President Biden travelled to Arizona where TSMC plans to invest $40 billion in chip-making

AFP

Biden celebrates US manufacturing comeback at giant semiconductor project

Phoenix (AFP) - President Joe Biden declared the comeback of US manufacturing Tuesday at the site of a mammoth expansion to a Taiwanese-owned semiconductor plant aimed at breaking risky US dependency on foreign-based producers for the vital component.

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AFP

Biden celebrates giant semiconductor project in Arizona

Washington (AFP) - President Joe Biden flew Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

StockNews.com

4 Chip Stocks That Are Down and out This December

Macroeconomic headwinds and recently imposed regulations on chip sales have marred the chip and semiconductor industry’s performance. In this backdrop, it could be wise to avoid chip stocks NVIDIA (NVDA), Advanced Micro Devices (AMD), Marvell Technology (MRVL), and Navitas Semiconductor (NVTS), which have been on a downtrend for a while…

The Independent UK

Japan, Belgium to cooperate in chip production, development

A newly founded Japanese semiconductor company aiming to revive Japan’s chip industry will collaborate with a Belgian research organization in research and development of next-generation chips for production in Japan

The Street

TSMC Plans $40 Billion U.S. Investment As President Biden Visits Arizona Chip Factory

TSMC, the world's biggest contract chipmaker, is looking to boost expand its U.S. investment to around $40 billion.

Reuters

South Korea divorce ruling lets SK Group chief keep shares in parent

A South Korean court ordered the chairman of No. 2 conglomerate SK Group to transfer cash of 66.5 billion won ($50.68 million) in a division of property, as part of a divorce ruling on Tuesday that kept any stock from changing hands.

Bangkok Post

Firms to see major changes in IT, digital expenditure

IT spending in Asean, South Korea, Australia and New Zealand is expected to drop by 1-3% in 2023 despite immense economic challenges as enterprises shift to digital business to grow their revenue, according to International Data Corporation (IDC), a global tech market research firm.

Bangkok Post

Suphachai targets 20,000 tech startups

Thailand should have 20,000 tech startups and 3.9 million workers capable of coding in order to propel the country to become a tech hub in Asean, says the Digital Council of Thailand (DCT).

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