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IN THE NEWS
Tuesday 28 December 2021
SPAC-merging SEA tech unicorns future remains in limbo
Southeast Asia's (SEA) first decacorn Grab slide more than 20% in its Nasdaq debut on December 2 following the company's record US$40 billion merger with a SPAC, Altimeter Growth...
Monday 27 December 2021
MOST unveils new facility in southern Taiwan
Shalun Green Energy Science City established in southern Taiwan by government agencies, including the Ministry of Science and Technology (MOST), has unveiled a new facility.
Wednesday 22 December 2021
TTA to showcase 100 Taiwan startups at CES 2022
With CES 2022 just around the corner, Taiwan Tech Arena (TTA) will showcase 100 high-potential Taiwanese startups at the annual event, including seven award-winning startups. Between...
Monday 20 December 2021
Vingroup begins construction its EV battery manufacturing factory
The People's Committee of Ha Tinh Province and Vingroup officially started construction of the VinES Battery Manufacturing Factory in the Vung Ang Economic Zone (Ha Tinh).
Monday 20 December 2021
Canoo shifts EV production from Europe to US to accelerate the speed to market
Canoo, a publicly-listed America-based electric vehicle startup, will shift its production from Europe to the US to reduce supply chain vulnerabilities and accelerate the speed to...
Monday 20 December 2021
Gogoro leverages AI solution to rapidly expand to India, Indonesia and China
After announcing partnerships in 2021 with Hero Moto in India and Gojek in Indonesia, the electric motorcycle and battery swap company Gogoro aims to start producing electrical motorbikes...
Monday 20 December 2021
Singaporean unicorn Ninja Van expands business in Vietnam
Singapore-based logistics unicorn Ninja Van is expanding its business in Vietnam, eyeing Vietnam's vibrant online shopping scene, according to Vietnam Express.
Wednesday 15 December 2021
Hon Hai subsidiary FII to invest in semiconductor companies through PE fund in China
Hon Hai Precision Industry announced that its subsidiary Foxconn Industrial Internet (FII) will invest CNY2.22 billion (US$348.83 million) in a private-equity fund to invest in advanced...
Tuesday 14 December 2021
3 startup teams win 2021 Qualcomm Innovate in Taiwan Challenge
Qualcomm announces its 2021 Qualcomm Innovate in Taiwan Challenge (QITC) results, with NUWA Robotics winning the champion title and a US$125,000 cheque, while Heroic-Faith and AVILON...
Tuesday 14 December 2021
China memory startup gains support from Big Fund
China's National Semiconductor Industry Investment Fund (aka the Big Fund) has made about CNY99.5 million (US$15.64 million) worth of investment in Dosilicon, which specializes in...
Friday 10 December 2021
Taiwan is making its way to be global innovation hub: Google Taiwan GM, Tina Lin
Probably not many people know that the world's first Android-native smartphone and the world's first Chromebook were both born in Taiwan. Taiwan also currently contributes to the...
Thursday 9 December 2021
VinFast aims for US IPO in 2H22
Vingroup JSC's automobile unit, VinFast is paving its way to be listed on the US initial public offering (IPO) in the second half of 2022. Vingroup is expected to raise US$3 billion...
Thursday 9 December 2021
Startup carmakers struggle with production
EV commercialization and mass production have led to the formation of a new EV supply chain with startup carmakers in China, Europe, and the US hoping to copy Tesla's EV success....
Thursday 9 December 2021
Disruptive tech for vision-impaired: Gregory Ogorek, COO & president of eSight
Vision impairment and blindness caused by diseases such as glaucoma and age-related macular degeneration (AMD) is a concern and potential threat to the economy for Asia, as the population...
Wednesday 8 December 2021
SE Asia startups to reach US$1 trillion in valuation by 2025
Startups in Southeast Asia (SEA) are seeing more opportunities to grow in the post-pandemic era. The number of deals in SEA's tech startup scene in the first half of this year hit...