Luxshare Precision Industry, headquartered in China, announced on Tuesday that its Hong Kong listing has been priced at the upper limit of its target range, resulting in the raising of approximately HK$24.27 billion (US$3.09 billion). The Apple supplier,…
The Singtel Group has reported a 14% increase in underlying net profit, reaching SGD 1.35 billion in the first half of the year. This growth has been mainly driven by regional associates Airtel and AIS, as well as operating companies NCS and Optus. Profit…
Mumbai is positioning itself as the data centre powerhouse of India, commanding an impressive 40% of the country’s overall capacity and 44% of its active IT infrastructure, according to a recent report by Knight Frank. The city experienced a notable surge in…
The global cyber insurance market is displaying a mixed bag of results in 2024, achieving a 7% growth to nearly $15 billion in premiums. However, this upward trajectory comes with a caveat: the momentum has decelerated for a second consecutive year, according…
These accomplishments showcase StarHub’s ability to provide secure, scalable IT and customer engagement solutions with extensive expertise and a strong service delivery record. With Cisco‘s enhanced technologies, StarHub is better prepared to assist…
PLDT Chief Operating Officer, Menardo Butch G. Jimenez, emphasized the increasing potential of tech-focused telcos in the region’s changing digital landscape. He mentioned, “We have already built 10 data centers and are finishing our 11th and biggest…
When asked about Telcovas’s focus for the year, Singh emphasized their dedication to addressing critical pain points for mobile network operators (MNOs). He highlighted their innovative approach to integrating artificial intelligence (AI) into their solutions…
The deployment will support Maxis’s business growth by providing a scalable, secure, and efficient data center architecture. The modernization of Maxis’s data center connectivity technology will help the company simplify its network operations, solve issues…
The consortium, which includes DBS, Deutsche Bank, Global Infrastructure Partners (BlackRock subsidiary), HSBC, ING, and Natixis CIB, joined IFC in funding the first phase of the project in Johor Bahru. This initial 98-megawatt facility is part of a larger…
In a recent interview with Telecom Review Asia, conducted at ITW Asia 2024, in Singapore, Stasko discussed Telstra’s role in enhancing international connectivity through its submarine cable network by leveraging artificial intelligence (AI) to optimize…
This initiative aims to meet the increasing demand for 5G, Data Center Interconnect (DCI), and cross-border connectivity. The collaboration follows a successful trial during which Nokia’s PSE-6s achieved a record transmission speed of 1.2 Tbps per wavelength…
Information technology education in Vietnam tends to focus on breadth rather than depth, so few people can or choose to stay in the field after turning 35. Recently, I came across a reader’s account sharing an interesting perspective. According to this…
Nvidia wishes to establish a base in Vietnam to develop the country’s semiconductor industry as it considers the Vietnamese market an important one, the Vietnamese government said, citing the U.S. chipmaker’s chief executive. In his first visit to the…
Many IT employees are being laid off or forced to quit and struggling to find new jobs due to a decline in demand due to the economic downturn. After a payment project was unexpectedly canceled in July as the company, a big tech brand in HCMC, no longer had…
A gap between IT engineers’ skill levels and market requirements is making 150,000-200,000 of them unemployable every year, a report by IT jobs platform TopDev warns. The recently published “Vietnamese IT market report in 2023” on TopDev says most recruiters…
At over VND25.5 trillion (US$1.09 billion), information and technology accounted for 58% of tech giant FPT’s revenues last year. Pre-tax profits were up 22.2% at VND3.42 trillion, or 45% of total profits. Revenues shot up by 23.4% to VND44 trillion and…