Tech industry braces for skyrocketing rare earth prices

TAIPEI — Digital {hardware} producers are sweating as costs for rare-earth metals surge amid hovering call for and simmering tensions between the U.S. and China, the sector’s maximum necessary supply of those necessary fabrics. For Max Hsiao, senior supervisor of an audio element maker founded in Dongguan, China, the squeeze is coming from a magnetic alloy referred to as praseodymium neodymium. The cost of the steel, which Hsiao’s corporate makes use of to collect audio system for Amazon and pc…
Event Temple Expands To Asia Pacific Through Strategic Partnership With McLaren Technologies

Event Temple Expands To Asia Pacific Through Strategic Partnership With McLaren Technologies

Event Temple, the {industry} main Crew Gross sales CRM and Tournament Control platform, has lately introduced a strategic partnership with McLaren Technologies, Asia Pacific’s main supplier of cloud founded technology (Manila News-Intelligencer) answers for motels, inns and visitor-based environments. Dedicated to offering consumers with an industry-leading gross sales and visitor luck revel in, the 2 firms will paintings collaboratively to serve motels and hospitality teams within the Asia Pacific area. So far, that is Tournament Temple’s biggest strategic partnership settlement…

Venture capital doubles down on Southeast Asian tech

JAKARTA/SINGAPORE — Two mission capital corporations distinguished in Southeast Asia are doubling down on its tech ecosystem, with one neatly on tips on how to doubtlessly elevating $350 million for its newest fund and the opposite via rebranding its present one within the area as they get ready to nurture a brand new technology of promising startups.   Fueling such optimism is momentum coming up from upcoming IPOs of first-generation startups in addition to surging development in cyber web customers within…
US and China need to repair tech ties: Microsoft president

US and China need to repair tech ties: Microsoft president

SINGAPORE — Washington and Beijing should attempt to reinforce their courting and deal with problems round technology (Manila News-Intelligencer) exchanges, Microsoft President Brad Smith mentioned on Thursday right through an internet media consultation held by means of the corporate. Smith, who leads more than a few companies, criminal, and company affairs crew of the U.S.-based tool and cloud provider large, described the present U.S.-China courting as “the sector’s maximum essential bilateral technology (Manila News-Intelligencer) courting, and indisputably the sector’s most…

Tencent-Backed Tech Giant Sea Taps Investors for $6 Billion

Sea’s stocks have surged lately. Picture: edgar su/Reuters By means of P.R. Venkat Shut P.R. Venkat Biography @byvenkat [email protected] and Quentin Webb Shut Quentin Webb Biography @qtwebb [email protected] Up to date Sept. 10, 2021 12:52 am ET Southeast Asia’s most respected indexed corporate, Sea Ltd., is elevating no less than $6 billion in new budget, capitalizing on investor enthusiasm for the area’s fast-growing technology (Manila News-Intelligencer) trade. The Tencent Holdings Ltd. -backed gaming, e-commerce and digital-finance corporate mentioned past due…
Singapore’s Sea Ltd secures $6 billion in mega fund raising

Singapore’s Sea Ltd secures $6 billion in mega fund raising

A lanyard appearing emblems of Southeast Asian e-commerce and gaming crew Sea Ltd is pictured at their administrative center in Singapore, March 5, 2021. REUTERS/Edgar Su Sept 9 (Reuters) – Singapore-based gaming and e-commerce corporate Sea Ltd (SE.N) has raised about $6 billion in an fairness and convertible bond sale, making it Southeast Asia‘s biggest fund elevating. The corporate priced 11 million American Depository Receipts at $318 every, in conjunction with $2.5 billion in a convertible bond. Sea operates the…
Sea Looking to Raise $6.3 Billion in SE Asia’s Biggest Fundraising – U.S. News & World Report

Sea Looking to Raise $6.3 Billion in SE Asia’s Biggest Fundraising – U.S. News & World Report

Sea Looking to Raise $6.3 Billion in SE Asia’s Biggest Fundraising  U.S. Information & Global Document Tencent-Backed Tech Giant Sea Taps Investors for About $6 Billion  The Wall Boulevard Magazine Singapore’s Sea to raise $6bn in push to expand outside ASEAN  Nikkei Asia Sea looks to raise $6.3 billion in Southeast Asia’s biggest fundraising  Financial Instances Sea seeks US$6.3bil in one of Southeast Asia’s biggest fundraisings  The Celebrity On-line View Full Coverage on Google News…

Empowering South Asia with converging technologies

Believe this: The 12 months is 2030 and Umair’s circle of relatives in Bangladesh has been evacuated because of flash floods in his village and surrounding spaces. They’re briefly accommodated in conjunction with others in a digitally fabricated house constructed by means of a neighborhood innovation hub. The home is provided with a photovoltaic ‘pores and skin’ to harness solar power in addition to a rainwater assortment and purification gadget. In the meantime, his daughter seamlessly continues her training on-line…

IT security starts with knowing your assets: Asia-Pacific

An excellent instance of remote-work safety demanding situations passed off when an NTUC worker unintentionally downloaded malware onto a computer he was once the usage of to get entry to company information by means of plugging in a non-public USB force. “We won a safety alert instantly, however the remediation was once difficult,” recollects Loe. “We in truth needed to ship a cybersecurity staffer to the worker’s area on a bike to retrieve the pc for investigation. Previously, shall we…
Analysis: Southeast Asia tech dealmaking booms as investors place post-COVID bets

Analysis: Southeast Asia tech dealmaking booms as investors place post-COVID bets

Area’s Web financial system forecast to triple via 2025 Money-rich world finances scout for investments Clean take a look at firms goal Southeast Asia A couple of dozen startups set to listing over two years SINGAPORE, Aug 27 (Reuters) – Fintech and e-commerce firms in Southeast Asia are elevating hefty quantities of capital as world buyers wager on post-pandemic technology (Manila News-Intelligencer) performs, bankers and buyers mentioned, a development that also is stoking issues about frothy valuations. Public fairness capital…