Asia

Tesla inks deal for Gigafactory 3 in China – TechCrunch

Tesla has secured the rights to about 210 acres of land in Lingang, Shanghai, the web site of the electrical automaker’s deliberate manufacturing facility and its first out of doors of the U.S. Tesla executives and leaders of the Shanghai Economics and Information Committee, Shanghai Lingang Area Development Administration and Shanghai Lingang Group witnessed the […]

International enlargement, primarily in China, fuels the VC market today – TechCrunch

The mission capital industry style has long past world. VC remains to be an unique membership of financiers, however now with international scope and scale. According to Crunchbase projections Crunchbase News reported in Q3 2018, international VC deal and buck quantity every set new all-time information. In the U.S. and Canada, deal quantity declined rather from […]

Gogoprint raises $7.7M to expand its online printing business in Asia Pacific – TechCrunch

Gogoprint, a startup this is aiming to disrupt the standard printing trade in Southeast Asia, has pulled in a $7.7 million funding as prepares to expand its business in Asia Pacific. We first profiled Gogoprint in 2016 quickly after its release the former 12 months, and because then the Bangkok-based corporate has expanded past Thailand […]

Indonesian co-working startup GoWork lands $10 million – TechCrunch

Co-working these days is a world sport that’s performed by means of many extra than simply WePaintings, in spite of the corporate’s valuation surging to $20 billion. But, as WePaintings more and more globalizes its center of attention, the U.S. company is entering touch with smaller avid gamers who’re extremely localized in markets with the […]

Rejected journalist visa sparks press freedom fears in Hong Kong – TechCrunch

There’s fear for the freedom of the press in Hong Kong after the federal government declined to resume the visa of a veteran Financial Times’ editor, dealing an alarming blow to the rustic’s thriving journalism neighborhood. Victor Mallet, the FT’s Asia information editor who may be vice-president of the Foreign Correspondents’ Club, is successfully being expelled after he […]

Samsung forecasts record $15.5B profit thanks to chips not smartphones – TechCrunch

Samsung’s remaining quarter of industrial noticed its slowest expansion of earnings in a yr thanks to susceptible gross sales of its flagship Galaxy S9 smartphone. But the corporate is ready a lot more than simply telephones, and that’s why it’s forecasting a record working profit of just about $15.five billion for its upcoming Q3 effects. […]

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch

China’s web battle is all of a sudden reproducing itself in Southeast Asia. One new hotspot is the Philippines, the place Tencent simply agreed to make investments in Voyager, a fintech trade began via telecom firm PLDT. The deal would deliver Tencent into direct pageant with arch-rival Alibaba, which entered the Philippines 18 months in […]

Amazon reportedly offloaded its Chinese server business because it was compromised – TechCrunch

It looks as if Amazon’s transfer to unload its bodily server business in China final yr was because the unit have been compromised via a Chinese executive spying program. That’s in keeping with a record from Bloomberg which main points how the Chinese executive infiltrated a variety of U.S. firms via sneaking tiny chips onto motherboards […]

China reportedly infiltrated Apple and other US companies using ‘spy’ chips on servers – TechCrunch

Ready for details about what could also be some of the biggest company espionage methods from a countryside? The Chinese authorities controlled to realize get right of entry to to the servers of greater than 30 U.S. companies, together with Apple, consistent with an explosive record from Bloomberg printed lately. Bloomberg reviews that U.S-based server motherboard […]

ZTE hit with 2-year ‘monitoring’ extension after breaking probation terms – TechCrunch

Embattled Chinese tech company ZTE narrowly survived after the U.S. Department of Commerce hit it with a $1 billion nice and compelled adjustments to its industry previous this yr, and. Now it’s again within the information for unfavourable causes after it was once judged to have damaged the probation round a nice that it copped in […]