The latest Asian Tech Roundup covers India’s Supreme Court rejecting internet price regulation, low adoption of China’s data-as-asset initiative, and Australia banning Kaspersky software for security reasons. Notable corporate updates include WiseTech’s leadership changes and significant investments from Alibaba, while India anticipates tech sector growth. The overview highlights cybersecurity advancements and tech industry dynamics across the region.
This week’s Asian Tech Roundup highlights significant regulatory developments and technological advancements across Asia. India’s Supreme Court has dismissed a petition to regulate internet pricing amid rising tariffs from major telecom companies. Meanwhile, the Chinese government’s initiative to allow businesses to list data as capital has seen little adoption, with fewer than 300 firms participating out of around 60 million.
Australia has taken a strong stance on cybersecurity by banning Kaspersky software, aligning with previous U.S. restrictions due to security concerns. Additionally, the eSafety Commission imposed a fine on Telegram for not promptly responding to inquiries regarding protective measures against harmful content.
In corporate news, WiseTech’s non-executive directors have resigned amidst controversies involving the company’s founder. China continues to advance technologically, with SpaceSail planning extensive satellite deployments and Alibaba announcing significant investments in cloud infrastructure. Apple is expanding its services to WeChat as iPhone sales decline in China.
In India, the tech sector is projected to grow by 5.1% this fiscal year, prompting discussions on improving operations and developing local AI models. The Supreme Court’s ruling against internet price regulation reflects the dominance of private operators in the market, despite public suggestions for alternatives.
Japanese semiconductor equipment manufacturer Tokyo Electron is preparing to increase its workforce in response to evolving technology demands. Furthermore, Samsung has reached a wage agreement with unionized workers while collaborating with Intel on new display technologies. In Taiwan, concerns have arisen about potential tariffs impacting inflation, although reports of TSMC’s investment in Intel remain unverified.
In broader Southeast Asia, significant incidents include North Korean hackers executing a historic $1.5 billion cryptocurrency heist and new agreements between the Indonesian government and Apple concerning product restrictions. Meanwhile, a collaborative effort by law enforcement in Thailand and Singapore resulted in the arrest of a suspect linked to worldwide data leaks, highlighting regional cybersecurity challenges.
In conclusion, the Asian tech landscape is marked by regulatory challenges, corporate shifts, and significant technological initiatives. India’s Supreme Court ruling against internet regulation highlights the stronghold of private telcos. As nations across the region grapple with cybersecurity concerns, observe the growth in AI and cloud technologies, and witness shifts in corporate governance, the Asian tech sphere continues to evolve amid these challenges.
Original Source: www.computing.co.uk
