This week’s Asian Tech Roundup highlights India’s Supreme Court rejecting internet pricing regulations while Chinese companies show a lack of interest in listing data as assets. Australia banned Kaspersky software, and various developments in China, India, Japan, South Korea, and Taiwan reflect the ongoing evolution of technology and regulatory frameworks across the region.
In this week’s Asian Tech Roundup, we examine several significant developments across the region. India’s Supreme Court has dismissed a plea to regulate internet pricing, emphasizing the dominance of private telecom companies in the market despite recent price hikes. Meanwhile, Chinese authorities’ initiative to allow companies to list data as assets has seen minimal participation, with fewer than 300 out of 60 million companies adopting this regulation.
In Australia, Kaspersky software has been banned due to security concerns, following similar actions by the United States last year. The Australian eSafety Commission has also levied a fine on Telegram for its delayed response in addressing child safety issues. Furthermore, WiseTech has experienced a leadership shakeup as four non-executive directors resign amidst controversies involving its founder.
Moreover, noteworthy activities in China include SpaceSail’s plans to launch a significant number of low Earth orbit satellites, along with Alibaba’s substantial investment in cloud infrastructures and AI. The Chinese tech landscape remains competitive, as evidenced by Huawei’s improved AI chip performance and Baidu’s acquisition of JOYY’s live-streaming business.
Indian companies are actively supporting OpenAI in a copyright lawsuit while calling for governmental intervention against AI-generated misinformation. Despite recent regulatory hurdles, the Indian technology sector expects moderate growth, as articulated by HCLTech’s CEO, who emphasized the need for more proactive business strategies in AI development.
In Japan, Tokyo Electron is ramping up hiring efforts to align with advanced chipmaking processes while a former Sony executive touts the profitability of PlayStation titles on PC. South Korean conglomerate Samsung has settled disputes with its union over wage increases and is pursuing collaborations to innovate in display technologies.
Turning to Taiwan, Vanguard has expressed concerns regarding tariffs on chips and their inflationary effects. In Indonesia, progress is evident as Apple reaches an agreement to lift the ban on iPhone 16s. Contrarily, North Korea has made headlines with the largest cryptocurrency heist recorded, totaling $1.5 billion, raising security alarms globally. Additionally, joint efforts by Thai and Singaporean police have led to arrests related to significant data leaks.
In conclusion, the Asian tech landscape exhibits a dynamic interplay of regulatory challenges, corporate strategies, and security concerns. India, Australia, and China each face unique situations that illustrate the ongoing evolution of the tech industry in response to market demands and regulatory frameworks. The growth of AI and data asset recognition in businesses is complemented by new collaborations among tech giants, shaping the future of technology in Asia.
Original Source: www.computing.co.uk
