The Latest Breaking News on Asian tech

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.

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.

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…

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

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.

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.

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).

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…

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