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Monday 25 October 2021
Indian startups offer electric car conversion to spur EV revolution
The Indian government expects massive adoption of electric vehicles in the country over the next decade. According to NITI Aayog, the country's top think tank, EV sales penetration could reach 70% for commercial cars, 30% for private cars, 40% for buses, and 80% for two- and three-wheelers by 2030.
LATEST STORIES
Thursday 21 October 2021
Indonesian and Singaporean startups most popular in SE Asia in 1H21
The number of deals in Southeast Asia tech startup scene in the first half of this year hit a record high, according to Cento Ventures, a Singaporean venture capital.
Thursday 21 October 2021
Creating new marketing paradigm with AI video generation
Advancements in media and communication technology have greatly increased the reach and influence of videos. Now more than ever, people are making and watching videos in unprecedented numbers. However, Agnes Peng, co-founder of GliaCloud, pointed out that the apparent prosperity has also presented the industry with difficult challenges. Existing production pace and procedures are no longer feasible as companies and media organizations are suffering from the crippling effects of the increasing demands for more videos. "The market needs a way to quickly and cheaply produce high-quality videos. GliaStudio, our AI-powered video creation platform for content automation, is the solution to that problem," Peng added.
Wednesday 20 October 2021
Sounds Great leads new audio revolution, bringing speakers into semiconductor age
Whether its high-end speakers for audiophiles or true wireless headphones that have become popular in recent years, speakers of today are still built based on traditional structures. Although the audio quality is excellent, the size and costs of traditional structures are not decreasing, even with the popularization of various wearable devices. The CEO of Sounds Great, Ted Zhou, stated that semiconductors have transformed microphones in the past and have become the current mainstream technology. "This wave of transformation will also happen to speakers. Semiconductor speaker modules will become the future trend in audio technology."
Tuesday 19 October 2021
Creating brand new video experience, making 360-degree panoramic live streams easy
Live streaming has become a common practice in the current Internet era. However, no matter how diverse the topics are or how interesting the content is, most of the videos are still limited by shooting angles. Conventional type of shooting method cannot fully represent the richness of the image and capture the essence of any cultural events, sporting events, or scenic beauties. "This problem can be solved through 360-degree panoramic filming. Nowadays, this feature is included in most phones and cameras but because of the complex settings, not a lot of people use it," said dp smart technology CEO Kevin Chiang.
Monday 18 October 2021
Combing AI, big data and CRM, Ai3 creates smart customer service solution
The technology development team of Chainsea Information Group independently established Ai3 in 2018. It combined AI, data analysis, CTI communication, CRM and other technologies to create the QbiAI Cloud, assisting various companies in implementing digital transformations for customer service and marketing.
Monday 18 October 2021
RETINA surgical navigation system to enter global smart medical devices market
Improving medical technology and better quality of life have led to longer average life expectancies around the world. According to a UN estimate, the average life expectancy of the global population in 2019 was 72.3 years, but may soon grow to 74.3 years in 2030. This positive trend however is an increasing strain to the healthcare systems of many countries. To maximize the utilization of progressively limited medical resources, development towards smart and precision medicine is inevitable, subsequently driving up demands for surgical navigation systems. Furthermore, even though minimally invasive surgeries are safer, require smaller incisions, and allow patients to recover in shorter period of time, its usage is limited to just some cases in neurosurgery, craniofacial surgery or ENT surgery, because the areas to operate are not accessible to the naked eye. In these cases, doctors still have to rely on traditional surgeries which require larger incisions. With the latest technology, nonetheless, it is now possible to perform minimally invasive surgeries using surgical navigation systems, which allow the surgeons to see 3D radiology images in real-time while their surgical instruments are guided by the system into the surgical site.
Friday 15 October 2021
Supply chain flexibility is crucial, says Cheney Wang, VP of supply chain and Taiwan GM of Latch
Latch was founded in 2014 by a group of former Apple employees and began trading on Nasdaq on June 7th, 2021 under LTCH. Through a SPAC listing, it raised $453 million and values over $1.5 billion. The system of Latch is designed to bring all devices and services together to make buildings "smart."
Friday 15 October 2021
Vietnam-based unicorn VNG in no hurry for IPO
VNG, the first Vietnam-based unicorn that operates mobile communication App, online games, e-commerce, and cloud computing services, in 2017 signed an MoU with Nasdaq but has not yet applied for listing, this is because there is actually no rush for the company to undertake an IPO.
Friday 15 October 2021
De Guang partners with SYSTEX to realize XR with SLAM technology
With the ability to immerse users and create convincing realities, extended reality (XR) has been wowing people since its introduction. Developments in recent years have not only matured the technology, but have also expanded its application from entertainment to commercial fields.
Friday 15 October 2021
Realizing precision medicine through pathogen genome sequencing
Those familiar with the medical industry have undoubtedly heard the term "precision medicine" with great frequency. As a matter of fact, the development of genome sequencing technology in recent years has advanced the treatment of infections from unknown pathogens into the realm of precision medicine. The concept behind precision pathogen detection is to identify the pathogen through bioinformatics and data science, and then using drugs or treatments that can accurately target the pathogen. Back in 2015, the Obama administration proposed to invest US$215 million to develop precision medicine in the US More recently, the UK and China have also followed suit, demonstrating that the technology has become the focus of medical R&D in most countries, and genomic sequencing is a key technology in the application of precision medicine. As a leading player in the global medical industry, Taiwan has also made considerable achievements in the field of genomic sequencing. In particular, Asia Pathogenomics' metagenomic next-generation sequencing (mNGS) can accurately identify the pathogens from different types of patient samples to help doctors administer targeted treatment in an incredibly short amount of time.
Thursday 14 October 2021
Top investment opportunities in Asia: Q&A with Christine Tsai CEO and founding partner at 500 Global
Having co-founded 500 Startups (later rebranded to 500 Global) in 2010, Christine Tsai (CT), CEO and founding partner of the company started out with a very different strategy from other venture capital firms in the Silicon Valley which were predominantly focused on the US market. She built a diversified portfolio in different industries and invests in founders across geographies and ethnic backgrounds and in emerging countries.
Thursday 14 October 2021
Global unicorns surge in 2021: Interview with Richard Koo, principal at DNX, and Casey Lau, head of Asia at RISE
The number of newborn unicorns has again hit record levels in 2021, following a strong year in 2020. There are more than 800 unicorns around the world as of September of 2021. By geographic regions, the US still dominates in terms of the number of unicorns, followed by India and China, according to The Asia Banker.
Wednesday 13 October 2021
UnaBiz raises over US$25 million in Series B round
UnaBiz, a Singapore-based Internet of Things (IoT) service provider, has raised over US$25 million in its Series B funding round led by SPARX Group. The round was oversubscribed, with participation from CDIB, G K Goh and Thaioil, according to the UnaBiz.
Wednesday 13 October 2021
DoQubiz Fractal Encryption, a game-changing approach to cybersecurity
The recent surge of AI, 5G, and IoT technology has given rise to unprecedented levels of cyber threats that even target critical infrastructure and government. The severity of these threats has turned cybersecurity into a matter of national security for countries around the globe. To safeguard their digital assets, governments and enterprises have increasingly been investing in high IT security budgets year after year, which has led to the growth of the cybersecurity market. In fact, Gartner estimates that by 2023, the global cybersecurity market will reach US$168 billion.
Tuesday 12 October 2021
India roundup: Startups are new force behind India economic growth
Startups are the growing force of India's economy. One of India's unicorn startups launched Ola Cars online car-shopping platform, while electric vehicles (EV), especially two-wheelers, are seeing increasing sales in India.