Two of Apple’s biggest Chinese suppliers are racing to Hong Kong in the same week. Luxshare wants about $3bn, Lingyi just banked $1.1bn. Both are using the cash to pivot from smartphone parts to AI hardware and humanoid robots. The companies that build your AirPods are quietly raising a fortune. This week two of them […]
A presidential adviser says AI demand could pull forward the next phase of fab construction by more than a decade, and that the country needs somewhere to put it. South Korea’s government is in talks with Samsung Electronics and SK Hynix about the next phase of large-scale investment in chip manufacturing, a presidential adviser said […]
Blackstone plans to invest roughly $30 billion in artificial-intelligence data centres in Japan over the next three to five years, the firm’s president and chief operating officer, Jonathan Gray, told Nikkei in an interview published on Monday. The world’s largest alternative asset manager is in discussions to develop facilities with a combined capacity exceeding one gigawatt, […]
The semiconductor super-cycle has made South Korea’s chip workers extraordinarily well paid, and the country’s central bank is now worried about what happens when that money hits the wider economy. The Bank of Korea warned this month that performance bonuses at Samsung Electronics and SK Hynix could spread into broader wage increases and add upward […]
Tencent Holdings is in talks to walk away from several of the minority stakes it holds in Japanese game studios, among them the Tokyo-listed developer Marvelous Inc., as the company reassesses a global games portfolio it spent years assembling. The discussions, first reported by Bloomberg, would unwind part of a buying spree that ran through the […]
The figure that reframes the problem is a share, not a sum. In more than half the countries Interpol surveyed for its latest Asia and South Pacific cyber-threat assessment, cybercrime now accounts for around 30% of all crime recorded nationally. That is the line that turns scams and phishing from a category of nuisance into […]
SoftBank and OpenAI are moving into cyber defence. The two said on Tuesday they are launching “Patching as a Service,” a security product built on OpenAI’s technology, to shield the companies behind Japan’s critical infrastructure from a rising wave of cyberattacks. SoftBank founder Masayoshi Son framed the threat in stark terms, calling Japan’s exposure “a […]
Adani and Jabil are teaming up to make AI hardware in India. The Adani Group, India’s infrastructure-and-energy conglomerate, and Jabil, the US contract manufacturer, said on Monday they intend to form a strategic alliance to build a vertically integrated AI and data-centre hardware platform in the country. They put no number on it, and the […]
The Kazakhstan AI deal is signed. Kazakhstan has agreed a set of accords with Firebird, a US startup backed by Nvidia, to build artificial-intelligence data centres that could draw as much as $10bn in investment, as the oil-and-gas producer tries to reinvent itself as a computing hub for the region. The centrepiece is Data Center […]
AT&S, the Austrian maker of printed circuit boards and chip substrates, will spend between €1.5bn and €2bn expanding capacity for the high-end IC substrates that AI and high-performance computing chips are built on, the company said. The plan spans its plant at Kulim in Malaysia and its facility at Chongqing in China, and it is […]
