Displaying items by tag: South Korea

A total of 7,966 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January-July 2024, according to the latest report from data and analytics firm GlobalData.

The United States is attempting to further tighten the screws on China by asking some of its allies to reduce exports of chip-related technology and tools to the country.

Epsilon Telecommunications, a KT Corp. company, has appointed Warren Aw as its Chief Commercial Officer (CCO) and David Yoon as its Chief Operating Officer (COO).

DCI Data Centres, (DCI), a wholly-owned portfolio company of data centre infrastructure Brookfield, announced it has kicked off the construction of its first data centre in Seoul, South Korea, in collaboration with conglomerate Daelim.

Samsung has unveiled its new range of smartphones, the Galaxy S24, powered by Google's AI, at a function held in San Jose, California overnight.

Australian startup Quasar has launched its world first Space Domain Awareness (SDA) capabilities, a fully digital multibeam satellite ground stations.

Digital infrastructure company Equinix announced that its second International Business Exchange data centre in Seoul named SL4 is set to open in Q1 2024.

South Korean and Taiwanese chip companies have obtained an additional year's extension to ship advanced chip technology and related equipment to China, the Nikkei Asia website claims.

US smartphone shipments in the second quarter fell by 24% year-on-year, surpassing the fall for global shipments for the period which was 11%, the technology analyst firm Counterpoint Research says.

Global shipments of foldable smartphones are forecast to cross 100 million by 2027, the technology analyst firm Counterpoint Research claims, adding that Samsung and Apple are expected to dominate the market, even though the latter is yet to release a foldable phone.

An Indian journalist, who is also a science and free software activist, has dismissed the deal which India signed with American firm Micron Technology recently, calling it simply a PR exercise.

China's cyberspace regulator has said it will block sales of memory chips by American firm Micron Technology to operators of key infrastructure.

A bifurcation of the global semiconductor industry will be expensive and risky, and pose threats to quality and reliability as well, the rating agency S&P Global Ratings says in a research note issued earlier this month, adding that China and other Asia-Pacific producers are likely to suffer more.

Geopolitics, rising inflation, Russia-Ukraine war, energy crisis and uncertain economic conditions continue to make a dent in deal-making sentiment across Asia-Pacific (APAC),according to one data and analytics company.

Australia will host a virtual meeting of an international counter-ransomware task force early next year, a statement says.

• 84% of the Australian organisations agree that automation will be a critical requirement for business excellence, customer experience, and competitive success within the next 3 years
• 74% of the organisations in Australia have increased their automation spending in 2021 (vs 2020), including 30% of the organisations that have increased automation spending by 20%.
• Over 98% of the organisations in Australia underscore their shifting focus toward Intelligent Process Automation

GUEST RESEARCH by UiPath (NYSE:PATH) a leading  enterprise automation software company, announced today the results of the Automation Survey 2022 commissioned by UiPath, revealing that 60% of the organisations in Australia will scale up their robotic process automation (RPA) initiatives or achieve an enterprise-wide RPA by 2025. The survey also shows that 84% of the Australian organisations today do not have an enterprise-wide RPA program in place despite recognising the importance and benefits.

Australia will see 11% of jobs lost to automation by 2040, according to the latest jobs forecast for the APAC region by global research and advisory firm Forrester.

Mobile services revenue in South Korea is poised to grow at a compound annual growth rate of 4.4% from US$22.7 billion ($33.4 billion) in 2021 to US$28.1 billion ($42 billion) in 2026 driven by robust growth in M2M/IoT subscriptions and rising adoption of 5G services, forecasts data and analytics company GlobalData.

British security researcher Kevin Beaumont has listed details about a backdoor that is claimed to infect Linux systems, with the consulting firm PwC having documented it as well. Both claim the threat emanates from China.

Global semiconductor revenue increased by 26.3% year-on-year in 2021, the technology analyst firm Gartner says, adding that this brought the dollar figure to US$595 billion (A$802 billion).