Tech in Asia

Foxcon's October sales hit US$25.2 billion, signaling an 8.6% growth despite slowing trends.

https://www.techinasia.com/news/foxconn-growth-slows-sparks-ai-iphone-demand-concerns

PayPay's digital wage payment service was initially exclusive to SoftBank Group employees.

https://www.techinasia.com/news/paypay-expands-digital-wage-payment-system-japan

Nintendo has reduced its operating profit forecast for the fiscal year ending March 2025 by 10%.

https://www.techinasia.com/news/nintendo-cuts-annual-profit-forecasts-plans-console

The goal of this technology is to expedite seismic surveys and improve the precision of production forecasts.

https://www.techinasia.com/news/abu-dhabi-teams-microsoft-push-ai-energy-sector

The breach, detected in June, is linked to an alleged Chinese-sponsored group called Volt Typhoon.

https://www.techinasia.com/news/singtel-allegedly-breached-chinasponsored-group

The investment from Fidelity and Temasek valued the company at US$5 billion through a secondary transaction.

https://www.techinasia.com/news/lenskart-hits-5b-fidelity-temasek-boost

The venture will use autonomous driving technology for ride-sharing under specific conditions.

https://www.techinasia.com/news/nissan-mitsubishi-create-ev-selfdriving-venture

The Silicon Valley-based Tenstorrent has signed a US$50 million agreement.

https://www.techinasia.com/news/ai-chip-startup-inks-deal-train-200-japanese-engineers

Sources indicate that some suppliers are moving their supply chains to Vietnam.

https://www.techinasia.com/news/spacex-urges-suppliers-exit-taiwan-china-tensions

We look at the archipelago's efforts to put more electric two-wheelers in its streets and a Singaporean robot delivery startup.

https://www.techinasia.com/bikes-learn-tricks-indonesia

The Z Label plans to integrate AI, big data, and blockchain into products for Gen Z.

https://www.techinasia.com/news/hk-tech-venture-group-secures-114m-gen-products

It aims to improve vehicle safety and lower operational costs by processing data in real-time using edge AI servers.

https://www.techinasia.com/news/softbank-develops-ai-system-assist-autonomous-vehicles

Stay permit holders experience a streamlined entry process, taking just 15 to 25 seconds with facial recognition technology.

https://www.techinasia.com/news/foreigners-immigration-autogates-jakarta-bali

The infringing data included users' religion, political views, and sexuality, which was used by around 4,000 advertisers.

https://www.techinasia.com/news/south-korea-fines-meta-1567m-sensitive-data

Here are the companies in India that are attracting tons of investors and have the resources to spend on software, talent, and expansion.

https://www.techinasia.com/top-funded-startups-tech-companies-india

ESOPs can certainly drive long-term growth for a startup. Still, more can be done to drive adoption.

https://www.techinasia.com/esops-rise-tech-winter

Which are the startups that are on the path to becoming the next big thing?

https://www.techinasia.com/50-rising-startups-india

The EY.ai Global AI Advisory Council will aid in adapting to market changes with its expert insight.

https://www.techinasia.com/news/ey-forms-global-ai-advisory-council

FashionValet had experienced financial losses for five consecutive years before these investments.

https://www.techinasia.com/news/fashionvalet-scrutinized-khazanah-pnb-exit-losses

Board member Aireen Omar said she witnessed no fraudulent activities in the company's financial operations.

https://www.techinasia.com/news/fashionvalet-denies-financial-mismanagement-allegations

Numat focuses on converting raw bamboo into sustainable products.

https://www.techinasia.com/news/wavemakers-venture-secures-525k-boost-bamboo-processing

The report adds the digital economy's gross merchandise value will reach US$263 billion this year.

https://www.techinasia.com/news/seas-digital-economy-profits-reach-11b-2024-report

The shift involves evaluating the valuation of OpenAI's intellectual property, including ChatGPT.

https://www.techinasia.com/news/openai-considers-change-profit-model

According to sources, this involves gathering employee feedback on existing smart glasses.

https://www.techinasia.com/news/apple-explores-smart-glasses-atlas-initiative

HSBC's support intends to expand Funding Societies' capability to provide credit access to underserved MSMEs.

https://www.techinasia.com/news/funding-societies-secures-100m-hsbc

The collaboration includes integrating large language models into vehicle smart cockpits.

https://www.techinasia.com/news/tencent-bosch-deepen-partnership-smarter-ev-tech

Blocked users can still view public posts from their blockers despite not being able to interact.

https://www.techinasia.com/news/users-view-posts-people-blocked

The research center will launch by January next year and will build on a previous lab created two years ago.

https://www.techinasia.com/news/oppo-invests-42m-ai-imaging-center-polyu

WeCare offers a communication and monitoring platform that helps families and caregivers look after seniors.

https://www.techinasia.com/elderly-care-startup-wecare-gains-traction-230-families-sg

Indonesia’s Dash Electric offers its EV fleet and customizable logistics solutions to clients like JNE, Lazada, and Sayurbox.

https://www.techinasia.com/goto-alums-raise-seed-round-for-driver-as-a-service-firm

The investment elevates the company's post-money valuation to US$2.4 billion.

https://www.techinasia.com/news/robotics-startup-secures-400m-bezos-openai

The proposal involves collaborating with suppliers to establish a factory in Bandung, the capital of West Java province.

https://www.techinasia.com/news/apple-plans-10m-factory-indonesia-lift-iphone-ban

We’ve rounded up this week’s top 20 job opportunities in the tech and startup scene.

https://www.techinasia.com/fresh-tech-startup-jobs-list-asia

The trial was a collaboration with Toyota Motor focused on the electric vertical take-off and landing sector.

https://www.techinasia.com/news/toyota-joby-aviation-test-first-air-taxi-japan

This change reflects a sharp decline from Ola's previous valuation of US$7.3 billion in late 2021.

https://www.techinasia.com/news/vanguard-cuts-olas-valuation-2b

Users of Alipay+ partner apps can now transact with GrabPay merchants.

https://www.techinasia.com/news/ant-grab-straitsx-simplify-cross-border-payments-for-sg