India’s Supreme Court rejects internet price regulation; China sees slow adoption of data-as-assets scheme; Australia bans Kaspersky for security reasons. Major developments from tech firms in China and India signal shifts in AI, investment, and regulatory focus across Asia.
This week’s roundup covers significant events in the Asian tech landscape, starting with India’s Supreme Court dismissal of a plea for regulating internet prices after major telcos raised rates. In China, the government struggle to promote data-as-asset registration is evident, with less than 300 companies participating in the initiative. Meanwhile, Australia has banned Kaspersky software, citing security concerns, and fined Telegram for negligence regarding child protection measures.
In China, further developments include Alibaba’s substantial investment plan for cloud infrastructure and a move to release open-source AI models. Apple aims to extend its Developer service into China’s WeChat amidst declining iPhone sales, while U.S. semiconductor restrictions on China are tightening. Huawei reports improvements in its AI chip production, and Baidu recently acquired JOYY’s live-streaming service for $2.1 billion.
In India, tech firms are rallying to support OpenAI in a copyright lawsuit, while calls rise for regulation of AI-generated misinformation. Nasscom forecasts a growth of 5.1% in India’s tech sector this fiscal year, and HCLTech’s CEO has urged firms to rethink operations to adapt to AI. Notably, internet shutdowns in India have declined in 2024 for the first time in six years.
Japan’s Tokyo Electron is ramping up hiring to address new chip manufacturing complexities, while a former Sony executive highlights the profitability of PC game releases. Samsung has settled a wage dispute with unions and announced collaborations for AI-optimized display development.
In Taiwan, Vanguard warns of inflation pressures from U.S. tariffs, and the economy minister clarifies no ongoing talks between TSMC and Intel regarding acquisitions. Across other Asian nations, Indonesia’s government negotiates with Apple to lift a ban on iPhone 16s, and North Korea’s hackers are implicated in the largest cryptocurrency heist to date. In Thailand and Singapore, police have arrested individuals linked to significant data leaks and smuggling accusations in regards to AI chips.
The Asian tech scene is witnessing pivotal shifts across various sectors, with India focusing on regulatory matters while China grapples with data asset adoption. Australia’s security measures against Kaspersky reflect global cybersecurity concerns, and investment trends signal robust growth potential, particularly in AI and cloud computing. Enhanced cooperation in law enforcement highlights the need for vigilance against cybercrime, particularly in relation to emerging technologies.
Original Source: www.computing.co.uk
