Japan's top banks and 70 other companies prepare to trial a new digital currency in H2 2022, backed by bank deposits and for large business transactions Techmeme · 5 days ago
Analysis: 597 VC firms have invested in Indian startups this year, with 211 of them making their debut investments; hedge funds invested $4.3B, up ~3x from 2020 Techmeme · 6 days ago
Source: Japan is allocating $5.2B in fiscal 2021 to support semiconductor manufacturers, including $3.5B for TSMC Techmeme · 6 days ago
Sources: Apple has cut back on iPad production to allocate more chips to the iPhone 13; iPad production was down 50% from original plans for the past two months Techmeme · 4 weeks ago
Chinese ride-sharing startup T3 raises a $1.2B Series A led by state-backed conglomerate CITIC Group, as rival Didi faces a regulatory crackdown Techmeme · 1 month ago
Sources: China's Oppo is developing high-end mobile chips, using TSMC's 3nm tech, for its premium handsets due out in 2023 or 2024 Techmeme · 1 month ago
Sources: Google has asked Pixel 6 suppliers to produce over 7M units, double its entire estimated smartphone shipments last year Techmeme · 1 month ago
TSMC says it will build its first plant in Japan, focusing on 22nm and 28nm chips, becoming operational in 2024 Techmeme · 2 months ago
Japan's FTC will investigate whether Apple and Google are using their smartphone OS dominance to severely limit options for consumers by eliminating competition Techmeme · 2 months ago
Apple suppliers like Eson Precision Engineering, Unimicron Technology, and Concraft Holding halt production as China tightens its energy consumption policy Techmeme · 2 months ago
Shanghai-based XTransfer, which provides currency and payment management services to 150K+ import/export SMBs, mostly in China, raises $138M at a $1B+ valuation Techmeme · 2 months ago
Canon to acquire Canadian chipmaker Redlen after buying the remaining 85% stake for $270M; Redlen's tech to help Canon reduce radiation exposure in CT scanners Techmeme · 3 months ago
PayPal to acquire Japan-based Paidy, a buy now, pay later service, for $2.7B in cash; PayPal expects the deal to be completed by December Techmeme · 3 months ago
China's crackdown on Big Tech has shifted balance in the country's e-commerce market, with JD.com, Pinduoduo thriving while Alibaba reels under heavy pressure Techmeme · 3 months ago
China says it has surpassed 1B internet users for the first time, up 8% from 2020; internet penetration rose to 71.6% and delivery services rose to 468M users Techmeme · 3 months ago
App Annie: TikTok was the most downloaded app globally in 2020, displacing Facebook-owned apps for the first time since 2018 Techmeme · 4 months ago
A brief look at key executives at Krafton, the maker of PUBG, including founder and chairman Chang Byung-gyu and Brendan Greene, aka "PlayerUnknown" Techmeme · 4 months ago
Vietnam, which has a relatively low number of bank branches per capita, has become a battleground for e-wallets as market leader MoMo looks to maintain its lead Techmeme · 4 months ago
Vietnam-based VNLife, the parent company of VNPay, which helps banks provide mobile payment apps and other digital services, raises $250M at a valuation of $1B+ Techmeme · 4 months ago
Critics say Facebook has compromised on its community standards to access commercial opportunities in the Asia-Pacific region, home to ~1.2B Facebook MAUs Techmeme · 4 months ago
Malaysia's AirAsia bought Gojek's Thai business in an all-stock deal, giving Gojek a 4.76% stake in AirAsia's "superapp" business that has been valued at ~$1B Techmeme · 5 months ago
Sources: Google is acquiring Japanese cashless payment company pring for between $180M-$270M, with plans to offer fintech services in the country next year Techmeme · 5 months ago
A vicious cycle of surveillance and overwork is leading to extreme mental stress and fatigue, pushing China's tech workers to the limit and causing backlash Techmeme · 6 months ago
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; no. of Apple suppliers in US also slid despite Trump's trade war Techmeme · 6 months ago
Analysis of 57K large companies globally: the average tax burden ratio of Google, Apple, Facebook, and Amazon is just around 60% of their peers Techmeme · 7 months ago
A look at Samsung's struggles to compete with TSMC as it tries to acquire advanced chip manufacturing equipment from ASML Techmeme · 7 months ago
Chinese chip companies are auditing their supply chains to replace US imports with domestic suppliers, in a quest for self-sufficiency following US sanctions Techmeme · 7 months ago
Source: Taiwan told foreign and domestic staffing companies to remove all listings for jobs in China, emphasizing listings that seek to poach chip-making talent Techmeme · 7 months ago
Sources: Apple's follow-up to its M1 chip has already gone into mass production, will be ready to ship in products slated for H2 Techmeme · 7 months ago
Indonesia-based Halodoc, a medical teleconsultation and online drug delivery service, raises $80M Series C led by Astra with Temasek and others participating Techmeme · 7 months ago
Sources: at least four types of equipment vital to chip production are in short supply and lead times for wire bonding machines have grown to 10-12 months Techmeme · 8 months ago
Sources: production of some MacBooks and iPads has been postponed due to the global component shortage, a sign that the chip shortage is growing more serious Techmeme · 8 months ago
Internal memo: Huawei is closing its core cloud and AI business after only 14 months, splitting the group into two Techmeme · 8 months ago
LG Electronics says it is terminating its smartphone business, which has lost money for years Techmeme · 8 months ago
A look at Xiaomi's investments in chip-related companies, as it bought or increased its stake in 34 companies since 2019 Techmeme · 8 months ago
Foxconn, the world's top contract electronics manufacturer, says the chip shortage will result in it shipping 10% fewer products, without specifying timeframe Techmeme · 8 months ago