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The Latest Breaking News on Asian tech

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

Sitron Power to list on LiVE Exchange

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

Vedanta Group inks pacts with 30 Japanese tech firms for semiconductor plant

AHMEDABAD: Vedanta Group signed a memorandum of understanding with some 30 Japanese tech firms, the company announced on Tuesday.

The Times of India

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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

Jin bids adieu to BTS ARMY as he joins military: It's curtain call time

Jin, the eldest member of the South Korean music group BTS, on Tuesday morning said his goodbyes to several fans across the globe as he enlisted for his mandatory military duty. The 30-year-old vocalist took to fan community forum Weverse to share his message for ARMY- the fan group of…

The Times of India

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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

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

BharatPe files arbitration to claw back Ashneer Grover's 1.4% shares

NEW DELHI: Upping the ante, fintech unicorn BharatPe has filed an arbitration for clawing back it's former MD and co-founder Ashneer Grover's restricted shareholding and founder title, sources said.

The Times of India

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

BharatPe files criminal suit against Ashneer Grover, family

NEW DELHI: Fintech unicorn BhartPe has filed a criminal suit against its former MD and co-founder Ashneer Grover and his family, seeking up to Rs 88.67 crore in damages for alleged cheating and embezzlement of funds.

The Times of India

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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.

Axios

The U.S. chip boom is just beginning

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

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

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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

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).

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.

StockNews.com

4 Chip Stocks That Are Incredible Buying Opportunities Right Now

The semiconductor industry is poised to benefit from the megatrend of digitization, which may not lose momentum soon. Furthermore, growing corporate investments and government support should drive the industry’s growth. Thus, fundamentally sound semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), United Microelectronics (UMC), Photronics (PLAB), and Xperi (XPER) could be ideal…

Daily Mirror

LG S80QR 5.1.3 Soundbar review: Immense power and supreme audio quality set the bar high

Not only does the LG S80QR look great, but it also offers fantastic sound quality for TV, films, music, and gaming.

Reuters

U.S. Commerce secretary: Competing with China not 'easy'

U.S. Commerce Secretary Gina Raimondo said on Wednesday Washington must do more to counter China while insisting the world's two largest economies should not isolate from each other.

Tribune News Service

Biden in Michigan: US won't be 'held hostage' in chips supply

President Joe Biden visited a semiconductor chip manufacturer near Bay City on Tuesday afternoon, touting federal taxpayer investments in manufacturing to move supply chains to the United States and pursue an energy future with fewer carbon emissions.

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