

Qualcomm Opens AI Research Centre in Vietnam to Boost Tech Innovation
U.S. chipmaker Qualcomm has launched an artificial intelligence research and development centre in Vietnam, aiming to advance generative and agentic AI technologies across multiple sectors.
Jun 12, 20251 min read


Tencent Music to Acquire Ximalaya in USD 2.4 Billion Deal to Expand Audio Content Reach
Tencent Music Entertainment Group will acquire audio platform Ximalaya in a deal valued at approximately USD 2.4 billion, the company announced Tuesday.
Jun 11, 20252 min read


OpenAI Revenue Doubles to USD 10 Billion Amid Soaring AI Demand
OpenAI’s annualised revenue run rate has reached USD 10 billion as of June, nearly doubling from USD 5.5 billion in December 2024, the company announced Monday.
Jun 10, 20251 min read


Tesla Shares Rebound After Massive Selloff, But Trump-Musk Rift Persists
Tesla shares rose nearly 4% on Friday, recovering some ground after a USD 152 billion selloff triggered by a public feud between CEO Elon...
Jun 9, 20251 min read


BYD to Triple South Africa Dealerships Amid Growing EV Demandc
Chinese electric vehicle manufacturer BYD plans to nearly triple its dealership network in South Africa by 2026, aiming to strengthen its presence in Africa’s largest automotive market.
Jun 6, 20252 min read


China’s Top EDA Firms Gain Spotlight After US Chip Design Software Ban
China’s leading electronic design automation (EDA) firms—Empyrean Technology, Primarius Technologies and Semitronix—are drawing increased attention following new US export restrictions on chip design tools.
Jun 5, 20252 min read


Xiaomi Expects EV Business to Turn Profitable in Second Half of 2025
Xiaomi founder and CEO Lei Jun said the company expects its electric vehicle business to become profitable in the second half of 2025, according to a company spokesperson.
Jun 4, 20251 min read


Google Commits USD 500 Million to Compliance Overhaul in Shareholder Settlement
Google will spend USD 500 million over the next decade to revamp its compliance structure as part of a settlement in a shareholder lawsuit accusing the company of antitrust violations.
Jun 3, 20252 min read


Apple iPhone Shipments Set to Decline Again in China as Huawei Strengthens Market Position
Apple is expected to face another year of declining iPhone shipments in China, as competition from domestic brands intensifies and economic challenges persist, according to market research firm IDC.
Jun 2, 20252 min read


Shanghai Backs Humanoid Robotics with New Policies and Industry Push
Shanghai is accelerating its support for humanoid robotics, hosting a major industry conference and skills competition as part of its broader push into embodied intelligence.
May 30, 20252 min read


Xiaomi Shares Climb After Record First-Quarter Profit
Shares of Chinese tech giant Xiaomi were poised to rise 2.3% on Wednesday following the company’s announcement of record first-quarter revenue and profit.
May 29, 20251 min read


HP Lowers 2025 Profit Forecast as Tariffs Hit PC Demand, Shares Drop 14%
HP Inc has cut its annual profit forecast for fiscal 2025, citing the impact of U.S. tariffs and a slowdown in the personal computer market, sending its shares down 14% in extended trading.
May 29, 20252 min read


Nvidia Earnings in Focus as US Export Curbs Hit China Sales
Nvidia is expected to reveal the financial toll of US export restrictions on its China business when it reports earnings on Wednesday, with investors closely watching for clarity on the impact.
May 28, 20252 min read


Putin Urges Restrictions on Microsoft, Zoom in Russia
Russian President Vladimir Putin said on Monday that foreign technology services such as Microsoft and Zoom should be "throttled" if they act against Russian interests.
May 27, 20251 min read


Xpeng Targets 380,000 Vehicle Sales and Break-Even by Year-End
Xpeng Motors plans to double its vehicle sales to 380,000 units in 2025 and achieve break-even in the final quarter, Chief Executive He Xiaopeng said on May 21.
May 23, 20251 min read


Malaysia to Roll Out Incentives for Chipmaking Industry in July
Malaysia will introduce new incentives for its domestic semiconductor industry in July, according to Trade Minister Tengku Zafrul Aziz.
May 22, 20251 min read


Starlink Launches in Bangladesh to Provide Uninterrupted Internet Access
SpaceX’s satellite internet service Starlink launched in Bangladesh on Tuesday, offering high-speed, low-latency internet across the country.
May 21, 20251 min read


CATL Targets Clean Tech Expansion Ahead of Hong Kong IPO
Contemporary Amperex Technology Company (CATL), the world’s largest electric vehicle (EV) battery maker, is expanding into clean technology as it prepares for Hong Kong’s biggest stock offering since January 2021.
May 19, 20252 min read


UAE to Build World’s Largest AI Campus Outside US in Landmark Deal with Trump Administration
The United Arab Emirates will construct the largest artificial intelligence campus outside the United States under a new agreement with the Trump administration, bypassing previous restrictions tied to concerns over Chinese access to advanced technology.
May 16, 20252 min read


Sony Projects Flat Annual Profit Amid Tariff Pressures and Gaming Slowdown
Sony Corp. expects its operating profit to remain nearly flat this financial year, forecasting a 0.3% rise to 1.28 trillion yen (USD 8.7 billion), as it absorbs a 100 billion yen impact from U.S. trade tariffs.
May 15, 20252 min read


Microsoft to Cut 6,000 Jobs Amid AI Investment Push
Microsoft will lay off around 6,000 employees, or less than 3% of its workforce, as part of a company-wide restructuring aimed at managing costs while expanding its artificial intelligence operations.
May 14, 20252 min read


Alibaba Chairman Identifies AI as Key Driver for E-Commerce and Cloud Growth
Alibaba Group Chairman Joe Tsai has named artificial intelligence as the central force behind the company’s growth strategy for the next three to five years.
May 13, 20251 min read


AI Leaders Urge US to Boost Exports, Infrastructure to Stay Ahead of China
Top executives from OpenAI, Microsoft and Advanced Micro Devices told the U.S. Senate on Thursday that the country must improve infrastructure and ease AI chip export restrictions to maintain its lead over China in artificial intelligence.
May 9, 20252 min read


Grab Eyes GoTo Acquisition in Q2 Amid Regulatory Hurdles
Grab Holdings Ltd. is aiming to acquire Indonesian tech firm GoTo Group in the second quarter of 2024, according to two sources familiar with the matter.
May 8, 20252 min read

