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The Latest Breaking News on Asian tech

The Digital Economy and Society (DES) Ministry plans to distribute 13 million free laptops to poor students between 2023 and 2027 under its action plan for the Smart Thailand scheme.

Bangkok Post

Hakuhodo, Tokyu advertising agencies raided over suspicions of Tokyo Games bid-rigging

The headquarters of major advertising agencies Hakuhodo Inc. and Tokyu Agency Inc. were searched by members of the special investigation squad of the Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission on Monday morning.

The Japan News/Yomiuri

China’s COVID protesters, censors play cat-and-mouse game online

Chinese censors are scrambling to scrub references to protest codewords and demonstration hotspots like Xinjiang.

Al Jazeera

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Lack of support denting prospects for UK computer chip sector, say MPs

Call for semiconductor industry plan to be published urgently to help keep Britain in global supply chain

The Guardian - UK

Thailand hosts 'Smart City Expo' at Queen Sirikit Center

Innovations for smart city development from Thailand, China, Japan, Malaysia and South Korea will take centre stage during "Thailand Smart City Expo 2022" at Queen Sirikit National Convention Center's Hall 3-4, Ratchadaphisek Road, from Wednesday to Friday from 10am to 6pm.

Bangkok Post

2 Chip Stocks to Buy This November and 2 to Sell

Chip sales have been affected by broader economic factors. However, the sector’s prospects look promising with lucrative government investments. Hence, quality chip stocks Taiwan Semiconductor (TSM) and MaxLinear (MXL) might be solid buys now. However, we believe fundamentally weak stocks NVIDIA (NVDA) and Advanced Micro Devices (AMD) might be best…

StockNews.com

End of an era? Get to know the big bosses quietly reshaping how tech does business...

With Elon mayhem at Twitter and mass firings at Meta, Silicon Valley is in chaos. Meanwhile, some low-key kingpins are quietly reshaping how tech does business (and you’ve probably never heard of them). Kate Wills reports

Evening Standard

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Buy now, pay later lures apps and e-marketplaces

Super apps and e-marketplaces are making a foray into buy now, pay later (BNPL) services in Thailand to stimulate consumption amid economic headwinds and stagnant inflation.

Bangkok Post

2 Semiconductor Stocks to Buy for Under $20 Now

The semiconductor and chip industry has witnessed a substantial downtrend amid weakening demand. However, lucrative federal investments like the CHIPS Act might fortify the sector's prospects. Given the positive investor sentiment toward semiconductor stocks, United Microelectronics (UMC) and Photronics (PLAB), currently trading under $20, might be ideal investments considering their…

StockNews.com

Chinese Mechanical-Equipment Maker Says Its Chair Faces Insider-Trading Probe

Guangzhou Haozhi’s Shenzhen-listed shares plunge nearly 16% after the company revealed Chairman Tang Lijun is being investigated by the national securities regulator

Caixin Global

China’s STAR Market Hosts $102 Billion of IPOs in First Three Years

Nasdaq-like Shanghai board’s fundraising for 486 companies accounts for more than 40% of China’s initial share sales since June 2019

Caixin Global

MORE to proceed with capital increase

More Return Plc (MORE) insisted on Tuesday it would continue with a plan to raise capital amid an ongoing investigation into suspicious transactions of its shares that prompted the Stock Exchange of Thailand (SET) to suspend trade of the stock last week.

Bangkok Post

1 Chip Stock Warren Buffett Just Bought

Warren Buffet recently purchased shares of chip giant Taiwan Semiconductor (TSM) worth more than $4 billion. The company enjoys a leadership position in the field of advanced semiconductors. However, is it well-positioned to survive the economic and industry-specific challenges now? Read on to find out….

StockNews.com

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

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Al Jazeera

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.

Bangkok Post

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.

StockNews.com

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….

Asharq Al-Awsat

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…

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The Independent UK

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

Bangkok Post

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.

StockNews.com

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…

Caixin Global

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

Asharq Al-Awsat

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…

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.

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