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The Latest Breaking News on Asian tech

China resumes streaming South Korean content after six-year suspension

A Chinese streaming platform has resumed distributing South Korean content after suspending it for nearly six years, South Korean officials said on Tuesday, in what Seoul called a sign of Beijing's readiness to improve ties.

Reuters

South Korea’s LG Chem to invest $3bn in US plant for EV parts

South Korean firm says facility will produce components to power 2 million electric vehicles by 2027.

Al Jazeera

Get your digital needs at Impact

"Connecting You With Global Tech And Digital Community" is the theme of "DigiTech Asean Thailand 2022", which will take place at Impact Exhibition Centre's Building 7, Muang Thong Thani, from tomorrow to Friday daily from 10am to 5pm.

Bangkok Post

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read the most diverse news in one place.

2 Semiconductor Stocks to Buy Hand Over Fist

Although the semiconductor industry is currently struggling with demand headwinds, its long-term prospects look bright. Moreover, lucrative federal investments are expected to boost the industry further. Therefore, investors could consider buying fundamentally sound semiconductor stocks Broadcom (AVGO) and STMicroelectronics (STM). Keep reading….

StockNews.com

Frustrated foodies gobble up South Korean grocery unicorn

Seoul (AFP) - When Sophie Kim moved home to South Korea after 15 years in the United States, she couldn't find anywhere to buy kale for her green juice.So she found a farmer, then built an app to help others seek out top-quality produce.

AFP

Applied Materials Stock Leaps on Q4 Earnings Beat, Improving Outlook

"We expect 2023 to be a down year for wafer fab equipment spending, but we believe that Applied's business will be more resilient," said CEO Gary Dickerson.

The Street

Applied Materials Crushes Quarterly Goals, Guides Higher Despite Challenges

Semiconductor equipment vendor Applied Materials crushed Wall Street's targets for its fiscal fourth quarter and gave a bullish outlook.

Investors Business Daily

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Royal Commission Prepares Infrastructure to Attract Investments in Jazan

The Royal Commission for Jubail and Yanbu (RCJY) signed investment and construction agreements worth over $266 million with several investors in Jazan City. The city concluded the agreements in the presence of chairman Khalid al-Salem who confirmed that the new contracts contribute to achieving the city's goals. Salem explained that…

Asharq Al-Awsat

Taiwan's APEC envoy at the center of processor chip tension

Taiwan’s envoy to APEC is the 91-year-old billionaire founder of a computer chip manufacturing giant that operated behind the scenes for decades before being thrust into the center of U.S.-Chinese tension over technology and security

The Independent UK

Beko backs Thailand as production hub

Beko, one of the three largest white goods companies in Europe, is promoting Thailand as a manufacturing hub for Asia-Pacific, the US, Canada, Africa and Europe, presenting its Rayong factory as a model site for the brand's leading technologies.

Bangkok Post

When to Buy Micron Stock Despite Bearish Update

Micron stock is fading on a bearish update from the company. However, there are a few layers of support to keep an eye on.

The Street

3 Chip Stocks to Invest in That Aren’t NVIDIA

The chip industry should witness a solid growth trajectory in the coming years despite the ongoing macroeconomic and geo-political disruptions. Moreover, increased government assistance should help this industry secure a stable supply chain. While chip giant NVIDIA (NVDA) has been soaring over the past month, other popular stocks, Taiwan Semiconductor…

StockNews.com

Indonesia IT Minister Plays Up Opportunities in Country’s Digital Transformation

Fewer than one-third of the Southeast Asian nation’s micro, small, and midsize enterprises have undergone digitization

Caixin Global

Saudi Arabia, Indonesia Sign MoU on Energy Cooperation

Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz and his Indonesian counterpart, Arifin Tasrif, have signed a memorandum of understanding (MoU) for cooperation between their two countries in the fields of energy on the sidelines of the G20 summit held in Bali. The Saudi Press Agency said Wednesday…

Asharq Al-Awsat

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Caixin Global

BYD Parks Chip Unit IPO

The Chinese carmaker says it had to postpone the planned listing because of how an investment in the subsidiary will affect its balance sheet

The Japan News/Yomiuri

New Japanese company aims to begin production of next-generation chips by 2027

Rapidus, a new semiconductor company established by eight leading Japanese firms, aims to start mass-producing domestic next-generation semiconductors by around 2027, the company said Friday.

The Japan News/Yomiuri

Japanese firms partner to produce next-gen chips

Eight major Japanese firms have established a new company to produce next-generation semiconductors in Japan by the end of the decade.

AFP

SoftBank Q2 net profit boosted by sales of Alibaba shares

Tokyo (AFP) - Japan's SoftBank Group on Friday posted a net profit in the second quarter, partly thanks to gains from the recent reduction of its stake in Chinese e-commerce giant Alibaba.

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AFP

SoftBank posts Q2 net profit after Alibaba share sales

Tokyo (AFP) - Japan's SoftBank Group on Friday posted a net profit in the second quarter, partly thanks to gains from its recent reduction of its stake in Chinese e-commerce giant Alibaba.

AFP

Japan govt backs major firms in next-gen chip project

Tokyo (AFP) - Japan will pour half a billion dollars into a new project to develop and make next-generation microchips, the government said Friday, as the global shortage of semiconductors sparks economic security concerns.

Reuters

Fire knocks out services at South Korea tech giants Kakao, Naver

A fire at a suburban data centre south of Seoul damaged servers of South Korea's major tech companies, Kakao Corp. and Naver Corp. on Saturday, causing extensive disruption to the country's dominant messenger service and internet portal.

Investors Business Daily

Taiwan Semiconductor Defies Chip Sector Weakness With Strong Third-Quarter Report

Taiwan Semiconductor, the world's largest contract chipmaker, beat targets for the third quarter and guided higher for the current period.

RideApart

Honda Teams Up With South Korean Tech Giant LG To Produce EV Batteries

Honda and LG are working to develop and manufacture EV batteries for the U.S. market, with the two companies planning to put up a manufacturing facility.

Bangkok Post

Huawei's ICT camp gets underway

Global tech powerhouse Huawei Technologies is pursuing its onsite ICT skill building event under its flagship Asia-Pacific Seeds for the Future programme in Thailand to develop digital skills among youth in the region.

Reuters

Taiwan's president says peace critical to tech supply chain stability

Peace and stability in the Taiwan Strait is critical to the stability of the global supply chain of high-tech products, Taiwan President Tsai Ing-wen told a Japanese publication, in comments published by her office on Tuesday.

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