Industries.

ByteDance Founder Zhang Yiming Tops Asia's Richest List
Chinese entrepreneur Zhang Yiming, founder of ByteDance, has seen his net worth rise to US$105.5 billion, surpassing India's Gautam Adani on the Bloomberg Billionaires Index.

Waymo Targets 2028 Singapore Autonomous Ride-Hail Debut
Alphabet’s autonomous driving unit will deploy an all-electric fleet, marking its initial foray into Southeast Asia via a partnership with Singaporean transport bodies.

ASE Technology Holding August revenue record on AI demand
Taiwan's ASE Technology Holding recorded its highest-ever monthly revenue in August 2026, driven by sustained demand for artificial intelligence (AI) chip packaging and testing services.

Global Telecoms Shift Capex to AI as 5G Revenue Growth Stalls
DigiTimes analysis reveals that despite 2.96 billion 5G subscribers in 2025, operators are reallocating capital towards AI infrastructure and exploring token-based billing models to drive new revenue.

Plaud doubles Singapore AI investment to US$20 million
The US wearable AI firm has expanded its Marina Bay Financial Centre headquarters and local engineering team, targeting 12 regional markets for multilingual conversation tools.

Samsung Electronics Gains From Memory Chip Prices, Smartphone Outlook
Samsung Electronics will fare better than most smartphone makers this year, Mizuho Securities reported. Rising memory chip prices support its semiconductor division, while a flagship phone focus helps absorb higher costs.

Meta develops camera-free smart glasses to ease privacy worries
The US tech firm's design choice aims to remove a social hurdle, potentially accelerating adoption in the rapidly expanding wearable device market.

Huawei Launches Mate XT2 Foldable Phone Amid China Premium Market Competition
Huawei launched its new Mate XT2 foldable phone on Monday, aiming to defend its lead in China's premium handset sector. This move intensifies competition with Xiaomi and Apple, both also releasing new devices this week.

IQE Posts £6 Million First-Half Profit on AI Infrastructure Demand
British chip component maker IQE Plc reported a core profit of £6 million for the first half of 2026. This reverses a loss from the prior year, driven by strong demand for artificial intelligence (AI) infrastructure and data centres.

Philippine Lawmakers: DICT Must Collect P3.9B Telco Dues
The Congressional Policy and Budget Research Department estimates outstanding charges and penalties could significantly enhance the Department of Information and Communications Technology's budget for digital infrastructure.

Zankore secures US$3.1bn loan for Indonesia AI infrastructure
The newly formed firm will develop GPU cloud capabilities across Indonesia with Nvidia, funded by a consortium of five banks.

Huawei's Tau Scaling Law Solves Kirin Chip Overheating Challenge
Huawei's latest research demonstrates its Tau Scaling Law architecture prevents overheating in vertically stacked semiconductors. This addresses a critical hurdle for its forthcoming Kirin 2026 smartphone chip, allowing greater transistor density and lower power use.

Samsung Union Intensifies Pay Row, Protests Executive Home
Samsung Electronics' Donghaeng union plans further protests, including near an executive's residence and a Times Square advertisement. It demands better compensation for its Device eXperience (DX) division members.

Huawei Kirin 2026 Findings Ease 3D Chip Heat Concerns
The Chinese technology firm's upcoming processor presents new findings on transistor density, potentially reshaping future high-performance chip development for the industry.
LG AI Research, NPS Partner for AI-Driven Pension Fund Management
South Korea's National Pension Service will integrate LG AI Research's Exaone Business Intelligence platform to analyse currency movements, aiming to enhance investment decision-making and operational efficiency.

Sapiens Technology Joins Forbes Asia 100 Watchlist for AI Models
The Singaporean firm, known for its Agnes AI foundation models, was among 15 companies from the city-state recognised on the 2026 list.

Vietnam regulator probes Grab fare and commission policies
Vietnam's National Competition Commission is examining how Grab sets fares and commissions, following driver complaints that declining earnings prompted strike calls.

Micron Taiwan Staff Receive Up To 68 Months' Pay
US chipmaker Micron Technology announced bonuses for its direct labour employees in Taiwan for fiscal 2026, with payouts up to 68 months' salary and a minimum NT$1.7 million cash.

Korean Air launches free Starlink Wi-Fi on 15 September
The airline will equip four aircraft with SpaceX's satellite system initially, becoming East Asia's first full-service carrier to offer complimentary high-speed internet across all cabin classes.

Turing Drive Targets Japan for Autonomous Driving Expansion
Taiwanese autonomous driving firm Turing Drive detailed its overseas expansion strategy, beginning with Japan. CEO David Shen outlined the plans during the company's eighth anniversary event.

Mitsubishi, Hitachi, QuikBot Integrate Robot Access for Singapore Buildings
The partnerships enable autonomous machines to verify identity and manage permissions for elevator use, with initial deployments and demonstrations underway in Singapore.

Zankore secures $3.1bn loan for Indonesia AI build with Nvidia
The newly formed AI infrastructure firm obtained the syndicated facility from five banks to develop GPU cloud capabilities in Southeast Asia.

Naver Cloud Consortium Wins South Korea Cybersecurity AI Project
A Naver Cloud-led consortium secured a South Korean government contract to develop a cybersecurity artificial intelligence (AI) foundation model. The Ministry of Science and ICT awarded the project, providing Nvidia B200 graphics processing units (GPUs).

KEPCO Proposes Samsung, SK Hynix Pay Advance Power Fees
South Korea's state utility, Korea Electric Power Corp (KEPCO), has suggested Samsung Electronics and SK Hynix make substantial advance payments for electricity. These funds would support grid expansion, meeting the surging power demands from new semiconductor facilities and artificial intelligence data centres.

China blocks Meta's Manus acquisition, Manus resumes operations
AI agent developer Manus has restarted independent operations. Chinese regulators blocked its multibillion-dollar acquisition by Meta Platforms.

Southeast Asia Pursues AI Autonomy Amid US-China Tech Rivalry
Southeast Asian nations are adopting Cold War-era hedging strategies to develop independent AI capabilities. This aims to reduce reliance on US and Chinese technology stacks, despite significant challenges.

Industrial PC Market to Hit US$8.9bn by 2030, Driven by AI
Industrial PC output could reach US$8.9 billion by 2030. Artificial intelligence applications drive this 7.9% compound annual growth rate.

Samsung Galaxy S26 FE Launched in South Korea at ₩1.045 Million
Samsung Electronics introduced its Galaxy S26 Fan Edition smartphone in South Korea. The device carries a starting price of 1.045 million won (US$714), aiming to broaden its product range amid increasing component expenses.

Frencken Proposes S$100 Million Share Placement for Expansion
Singapore's Frencken plans to raise S$100 million via a share placement. The capital will fund manufacturing capacity upgrades and potential mergers and acquisitions, focusing on its mechatronics and advanced plastic solutions divisions.

Akeso Drug Outperforms AstraZeneca's Imfinzi in Cancer Trial
Chinese biopharmaceutical firm Akeso announced its immunotherapy drug, ivonescimab, surpassed AstraZeneca’s Imfinzi in a Phase 3 trial for biliary tract cancer, showing extended patient survival.

Eternal Materials' July Revenue Jumps 23.86% on Packaging
Eternal Materials saw July revenue climb to NT$4.093 billion, a 23.86% annual gain. Demand from the electronics supply chain, particularly advanced packaging, drove the increase.