Asia
Keep up with the dynamic world of Asian startups and technology! Explore our Asia category for news, insights, and stories on groundbreaking startups and tech innovations from the region.
- May- 2021 -30 May
ByteDance’s Zhang Yiming to step down as CEO
ByteDance co-founder and CEO Zhang Yiming said he will step down as the CEO of the TikTok owner at the end of this year. Company co-founder and head of human resources Liang Rubo will take his place. Zhang’s departure comes…
- 30 May
Mobility Company Ground K Launches ‘T-Rise Up’
Tourism transportation platform company Ground K Co., Ltd will present a solution that will advance the business to the next level by reinforcing the digital capabilities of transport operators. Ground-K has recently launched an integrated operation system ‘T-Rise Up’ for…
- 29 May
ICT company with Manufacturing Based, A&L Corporation
A&L Corporation Co., Ltd. (hereinafter referred to as A&L) received the ‘Minister of Trade, Industry, and Energy’ Award’ in 2019 for contributions to the development of smartphones and advanced technology of parts and was selected as ‘KEA-led IoT Excellent Company’…
- 28 May
The MSS holds P4G Startup Challenge as part of the 2021 P4G Seoul Summit
The Ministry of SMEs and Startups of the Republic of Korea (Minister Kwon Chil-seung, hereinafter “MSS”) announced that it will hold “P4G Startup Challenge,” an online IR pitching event for the startups representing 12 P4G member nations and investors at home and…
- 27 May
HanMaek Medical’s “Moving Bed Shower Carrier”, a necessity for nursing care
The “Moving Bed Shower Carrier” produced and launched by HanMaek Medical Co., Ltd., a nursing care solution R&D company, has become a necessity in nursing care services. The product has shown an increase in demand in hospital wards nationwide. The…
- 26 May
Avention paves the way to localizing high-tech materials and technology independence
Located in the Knowledge Industrial Complex of Songdo Technopark, Incheon, Avention is successfully localizing cutting-edge experimental materials by developing and manufacturing reagents and nanomaterials for researchers. Avention has strengthened its position as a base material manufacturer, and successfully developed nanomaterials,…
- 22 May
Korean Eyeglass Association launch its overseas brand OVIUS
The Korea Eyeglasses Cooperative Association (KECA) will start expanding its market to overseas with its own brand OVIUS. KECA is a cooperative established by eyeglass lens manufacturers and related businesses in 2020. It is made up of companies with various capabilities…
- 16 May
China : Long March 5B situation as rocket heads reentry
On Friday, China’s foreign ministry acknowledged the imminent uncontrolled reentry of the Long March 5B as the orbit of the first stage continued to lose altitude. On May 7 at a Foreign Ministry regular news conference, spokesperson Wang Wenbin responded…
- 8 May
Huawei is selling EVs in stores, may offset sinking phone sales
On Wednesday last week, Huawei began selling Chinese-made electric cars. These cars are equipped with Huawei’s powertrain system and in-car infotainment solution. The company said that this move could offset a drastic decline in its global handset business resulting from US…
- 4 May
ByteDance to Take a Bite Out of Tencent?
ByteDance, the owner of TikTok, which has been attracting eyeballs to its viral apps is now trying to become an even bigger success in the gaming world too. The Chinese company’s latest game, One Piece: The Voyage, based on a popular…
- Apr- 2021 -29 April
Korea’s largest solar power exhibition 2021 International Green Energy Expo held at Daegu EXCO on April 28
The 2021 International Green Energy EXPO & Conference will be held from April 28 (Wed) to 30 (Fri) at EXCO Daegu. Korea’s largest and the world’s top 10 solar and renewable energy exhibition celebrating 18th session this year is hosted…
- 21 April
Alibaba fined, delivery service price dumping
China’s top antitrust regulator, the State Administration for Market Regulation (SAMR), has fined the e-commerce giant Alibaba RMB 18.2 billion ($2.8 billion) on Saturday for “forced exclusivity.” Forced exclusivity is a practice where platforms force merchants to use only one…
- 12 April
BSN architect Red Date to bring R3’s Corda enterprise blockchain to China
Red date Technology is primarily known for its role with the government backed blockchain platform BSN (Blockchain Services Network). It has licensed American distributed ledger company R3’s enterprise blockchain to resell in China. Why is this worth a headline? Until…
- 10 April
Xiaomi invests $1.5 billion in the fully owned EV business
The new Chinese tech giant to join in the red-hot electric vehicle market is Xiaomi with a $1.52 billion investment to set up a fully owned subsidiary for its auto business, to be led by founder and CEO Lei Jun.…
- Mar- 2021 -31 March
Ant Group CEO Simon Hu resigns due to personal reasons
As Ant Group Co. founded by billionaire Jack Ma, grapples with Chinese government demands to overhaul its business, Simon Hu has unexpectedly resigned as CEO, adding fresh turmoil to the financial technology giant. Who will be the new leader? A…
- 27 March
Little mention of China’s EV industry in the Five-Year Plan
In this year’s annual government work report which was presented on Friday, China’s ambition to become a world leader in electric vehicles was barely mentioned. Experts say that it’s a sign indicating that the market is maturing. Policies and Market…
- 24 March
K-Chemicals Cyber Exhibition, helping 266 chemical Korean startup grow overseas
K-Chemicals Cyber Exhibition with the chemical and wonder sector because the main topic are going to be held Mar. 22-29.This online exhibition is hosted by Ministry of Trade, Industry and Energy (MOTIE) and arranged by KOTRA and KSCIA (Korea Specialty industry Association). To support and expand the overseas expansion of…
- 14 March
Chip, battery shortages will limit production at Nio
CEO William Li of Nio, Maker of the E- vehicles, said on Tuesday that an industry-wide shortage of electric vehicle batteries and semiconductor chips will continue to hamper production for the next few months. As it gears up for an…
- 10 March
Jack Ma Alibaba Founder loses China’s Richest Person title
After coming under a regulatory scrutiny, the embattled co-founder of Alibaba group holding Ltd, Jack Ma, has lost his title as China’s richest person to Bottled-water tycoon Zhong Shanshan, according to the annual list of China’s wealthy. What went on…
