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The Latest Breaking News on Asian tech

Alibaba founder Jack Ma hiding out in Tokyo, reports say

Billionaire rarely seen in public since criticising attitude of China’s regulators towards tech firms in 2020

The Guardian - UK

BoI partners with FTI to promote BCG investments

The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development.

Bangkok Post

Free laptops for poor students

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

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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

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

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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

Three Stocks That Buffett Bought and Morningstar Likes

Over the last 10 years his Berkshire Hathaway stock returned 13.6% annualized, just topping the S&P 500.

The Street

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

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

Lattice Semiconductor Sees Composite Rating Climb To 96

Lattice Semiconductor saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 94 the day before.

Investors Business Daily

China Restrictions Kneecap U.S. Chipmakers

U.S. government restrictions on selling advanced chip technology to China could lead to retaliatory moves. Here's how they might play out.

Investors Business Daily

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Caixin Global

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

Bangkok Post

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.

StockNews.com

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….

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Reuters

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.

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….

AFP

Frustrated foodies gobble up South Korean grocery unicorn

Seoul (AFP) - When Sophie Kim moved home to South Korea after 15 years in the United States, she couldn't find anywhere to buy kale for her green juice.So she found a farmer, then built an app to help others seek out top-quality produce.

The Street

Applied Materials Stock Leaps on Q4 Earnings Beat, Improving Outlook

"We expect 2023 to be a down year for wafer fab equipment spending, but we believe that Applied's business will be more resilient," said CEO Gary Dickerson.

Investors Business Daily

Applied Materials Crushes Quarterly Goals, Guides Higher Despite Challenges

Semiconductor equipment vendor Applied Materials crushed Wall Street's targets for its fiscal fourth quarter and gave a bullish outlook.

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