THAILAND TECH ECOSYSTEM
Indian robotics, Agri and medtech startup showcase capacities at Moscow Startup Summit
The two-day event concluded Wednesday at SberCity, backed by Russia’s biggest bank Sberbank. The event was organised by the government of Moscow and Sberbank.
Global funds, same tech bet? The diversification trap Indian investors may miss
Many Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices often revolve around similar technology narratives, particularly in semiconductors. To achieve real diversification, investors must grasp the fundamental earnings drivers. Exploring Europe and Japan can unveil distinct economic pathways, offering a refreshing contrast. A thorough assessment of concentration risks and market dynamics is vital when engaging in international investments.
Emerging sports are the next big business opportunity: Tero India MD
India’s sports boom is opening up opportunities for entrepreneurs to build businesses beyond cricket.
ET WLF: India's growth story holds firm as AI boom redirects global capital
Global capital is temporarily drawn to massive US AI investments. India's long-term growth prospects remain strong despite this shift. Demographics and energy demand will underpin future investment flows. Geopolitical changes also create opportunities for India's diversification. GIFT City is attracting significant financial and fund activity.
US investigates alleged diversion of Nvidia AI chips through Thailand
OBON Corp, a prominent player in Thailand's tech landscape, is embroiled in controversy over accusations of smuggling Super Micro servers packed with advanced Nvidia technology to China, with Alibaba Group rumored to be a interested buyer. U.S. prosecutors are diving deep into the matter, which has sent shockwaves across the tech industry, directly impacting Super Micro's stock performance.
BMC Helix brings together GSI partners for SPEX 2026 in Phuket
The flagship partner summit highlights agentic AI as the next frontier of ServiceOps.
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Felicity opens Singapore HQ to drive Southeast Asia growth
Felicity, an AI-powered game-tech firm, has established its Southeast Asia headquarters, Felicity Labs Pte. Ltd., in Singapore, aiming to double growth by March 2026. The company plans to invest $1 million to build a leadership team and expand its presence across Asia-Pacific, focusing on studio partnerships and growing its regional user base, particularly in Vietnam and Thailand.
Indian techies to help upscale Thai tech ecosystem
India and Thailand have signed a technology MoU to boost Thailand's tech ecosystem, with skilled Indian technologists set to support the effort. Announced during PM Modi’s Bangkok visit, the deal strengthens bilateral ties. Thailand also launched a major AI programme, investing heavily in talent, infrastructure, and ethical AI practices.
Infosys launches 230-member dedicated Project Development Centre in Assam, says CM Himanta Biswa Sarma
Infosys has launched a 230-member Project Development Centre in Guwahati, marking Assam as an emerging tech hub. Chief Minister Himanta Biswa Sarma anticipates investments exceeding Rs 1 lakh crore from the upcoming summit, with substantial contributions to infrastructure and varied sectors such as aviation, power, and healthcare.
Google licenses AI model to Indian firms for early detection of diabetic blindness
With new partnerships in India and Thailand, Google aims to facilitate 6 million free AI screenings for diabetic retinopathy in underserved communities over the next decade. The AI model, which underwent early research and development in India, has already supported more than 600,000 screenings in clinics worldwide.
Google to invest $2 billion in data centre and cloud services in Malaysia
Google announces $2 billion investment in Malaysia for its first data centre and cloud region, supporting the country's digital ambitions and AI capabilities to enhance local industry and global competitiveness.
16 countries to partner for 10th Vibrant Gujarat Global Summit 2024
Gujarat is set to host the 10th Vibrant Gujarat Global Summit (VGGS) 2024, titled 'Gateway to the Future', with 16 confirmed partner countries and 14 organizations. These countries and organizations are crucial in strengthening bilateral relations and promoting the event through various platforms. The state government aims to attract investments in emerging sectors like semiconductors, green hydrogen, e-mobility, renewable energy, and FinTech.
Tecno, Infinix, Apple fastest-growing smartphone brands in Southeast Asia
Beating the trend, Apple's shipments increased by 19% YoY during the quarter. Apple is still seeing a strong demand for the iPhone 13 and 14 series, adding to the demand for the newly launched 15 series, according to the report.
Thailand’s MQDC to broaden its portfolio in India
“We have a strong sourcing arm in China and Thailand and now we want to do that in India as well. We are doing both import and export of consumer products and tech gadgets and well being products. The team has been here for about a year and a half, building the ecosystem and we are closing the sales this year,” said Jitpatima.
Asia-Pacific telecommunity to meet in August on 6GHz band
A meeting of the Asia Pacific Telecommunity (APT) will be held in mid-August in Brisbane to determine the deployment of the 6 GHz spectrum band for 5G services in India. The APT aims to unite all Region 3 nations in a push towards allocating the 6 GHz spectrum band for cost-effective rollout of 5G services ahead of the final decision at the World Radio Communications-2023 conference in Dubai in December.
India tops digital payments rankings globally, shows MyGovIndia data
During the year under review, there were 89.5 million digital transactions in the country. India accounted for 46 per cent of the global real-time payments in 2022, which was more than the combined digital payments the next four top countries.
In global high-tech race, Indian exports sputter
India’s share in high-tech exports as a percentage of its manufactured exports is rising but not fast enough in the world of automation and AI. Are such value-added exports the missing link in the chain for more trade opportunities in today’s world?
BioAsia 2023 in Hyderabad to host innovation zone for startups
The 'Innovation Zone' at the life sciences event, organised by the Telangana government, will feature a startup stage pavilion and an incubator pavilion.
Tech Mahindra inks MoU with Thailand-based government agency
As a part of the partnership, both organizations will co-develop digital solutions and execute commercially viable projects and use cases for enterprises in areas of IoT, AI, 5G, Analytics, Blockchain, and Metaverse for various industries including Smart Cities, Telecom, among others.
Bengaluru Tech Summit to begin on Nov 16, 300 startups from 16 cities will participate
Of the startups that will be displaying their products, 92 startups are from It, 60 from biotech, 15 each from AI & ML and new age innovation network, 14 each from edutech & fintech, 10 each from electronics and mobility and 11 from cybersecurity.
ET Startup Awards Alumni: where are they now?
Previous winners of the ET Startup Awards (ETSA) have stood out amid a crowded startup ecosystem and have gone on to become successful businesses. We look at a few of them from previous editions of the awards.
India should tap people strength to build its IP: CEO, Western Digital
Stephen Milligan believes that India will continue to be a hub for designing cutting edge products with local IP.
Huawei plans India lab for enterprise play
The company is investing $23 million (Rs 168 crore) in two OpenLabs in India and Thailand. These are part of 20 such facilities it is setting up globally with a total investment of $200 million.
Huawei bullish on enterprise business in India; sets up a new lab
Huawei is now planning to train over 400 engineers, certify 200 engineers in the country for its new lab to support the enterprise business.
Zilingo raises $54 million for Southeast Asia battle
Zilingo, which has about 10,000 small fashion sellers selling through its platform, will use the funds to expand into new markets such as Malaysia and Philippines this year.
Emerald Media leads $65 million Series B funding of Southeast Asian ecommerce companies
Emerald, which has a $300 million corpus from KKR to invest on fast-growing media, entertainment, consumer tech and B2B industries across Asia, is the lead investor in the $65 million Series B funding round of aCommerce.
Apple eyeing to tap India's huge potential: Tim Cook
"We continue to strengthen our local presence across the entire ecosystem, and we're very optimistic about our future in this remarkable country," said Tim Cook.
India's digital progress slow: WEF report
Only 15 out of 100 households have access to the Internet and mobile broadband remains a privilege of the few, with only 5.5 subscriptions for every 100 people.
Make In India: With investments pouring in, India logs into hi-tech manufacturing
Even local players like Micromax which till 2012, imported phones they sold in India are now preparing to produce locally.
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