DealStreetAsia
Vietnam English learning app ELSA raises $20m
Singapore-based UOB and existing investors supply the fresh funds
Tech
Semiconductors
Huawei releases 5G foldable phone ahead of Apple's big launch event
Device introduced with little fanfare follows new Mate 60 Pro in using in-house chips
Startups
Singapore's Vertex closes $541m ASEAN, India fund amid tech dip
New vehicle includes dedicated co-investment capital for female founders
US-China tensions
After Huawei 5G chip debut, U.S. lawmakers call for tighter export controls
Investment, international talent also needed to outcompete China, congressmen say
Opinion
ASEAN and Japan have lessons for each other in digital change
By working together, the two can help mitigate technological fragmentation
Semiconductors
China's SMIC, chip sector boost R&D spending despite weak earnings
Beijing plans $40bn fund to bolster domestic semiconductor supply chain
Supply Chain
Jet and chip deals agreed during Biden's Hanoi trip
Vietnam gains from U.S. supply chain diversification; critics frown on arms trade
DealStreetAsia
Indonesia's VKTR expects EV factory to be fully operational in 2024
Executive bullish on demand for electric buses, trucks in top ASEAN economy
Automobiles
Nasdaq-listed VinFast pushes EVs in Vietnam ride-hailing sector
Perks for 'Uber of Vietnam' may increase uptake in top electric scooter market
China tech
Alibaba's ex-CEO Daniel Zhang quits cloud division in surprise move
Former boss will oversee technology fund as new chief Wu takes over
Your Week in Asia
Thai PM's policy speech, Apple's new products, Belt and Road summit
Your weekly lineup of Asia's biggest business and political events
Technology
Panasonic expands staff at China-based software R&D hub by 40%
With 1,000 employees, Dalian center is now the company's largest offshore base of its type
Caixin
Hong Kong's investment arm to start funding projects by year-end
Fintech and artificial intelligence among major sectors being targeted
Technology
Japan companies awakening to growing power nap trend
Snooze time during work hours seen as increasing productivity
China tech
China's Gotion to set up $2bn EV battery plant in Illinois
Lithium-ion battery factory will create about 2,600 jobs
Technology
Japan seeks AI transparency with new disclosure guidelines
Tokyo aims to ensure safety without hurting corporate competitiveness
DealStreetAsia
ShawKwei & Partners buys two U.S.-based companies
Asian private equity firm invests in industrial companies in Asia, Europe, U.S.
US-China tensions
China expands iPhone ban to local governments, state-owned firms
Concern over big market drags Apple's shares down by $190bn in capitalization
Huawei crackdown
SK Hynix investigating use of its chips in Huawei's new phone
South Korea chipmaker says it stopped supplying Chinese company due to U.S. curbs
Startups
Japan's MUFG launches fund for U.S., Israel AI startups
Financial group eyes new fintech services for bank unit and clients
China tech
Alibaba looks to regain momentum with management shakeup
Internet giant faces headwinds from intense competition, Beijing's watchful eye
Huawei crackdown
Huawei's Mate 60 Pro has U.S. asking questions on chips
Chinese group's newest phone suggests progress in face of sanctions
DealStreetAsia
India's Piramal Alternatives bullish on private capital
CEO says firm plans 'strategic' deployment of $1.5bn in fresh funds
#techAsia
A shadow over Vietnam and AI constraints in China
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Semiconductors
MediaTek to use TSMC's cutting-edge tech for mobile chips in 2024
Taiwanese player joins Apple as one of few adopters of 3-nanometer process