by Teuvo Tuomi | Sep 14, 2024 | Korea, Crime, News, Technology
South Korean police have arrested two former Samsung executives suspected of leaking Samsung secrets worth $3.2 billion to China. One of the arrested suspects, 66-year-old Mr. Choi, set up a joint venture building chips in China with some local officials and served as...
by Teuvo Tuomi | Sep 9, 2024 | Singapore, Business, News, Sustainability, Technology
Singapore is forecast to have the largest share of passenger electric vehicles (EVs), 80% of all vehicles, in Southeast Asia by 2040, according to BloombergNEF. Meanwhile, the regional average is expected to be only 24%. Thailand, in second place, is forecast to have...
by Teuvo Tuomi | Sep 8, 2024 | Thailand, Economy, News, Technology, Transportation
The number of passenger EV registrations in Thailand is estimated to reach only 80,000 this year, according to Suraj Sangsnit, president of the Electric Vehicle Association of Thailand. This is a 5% increase from the 76,000 units sold last year, but it falls short of...
by Teuvo Tuomi | Sep 6, 2024 | ASEAN, Innovation, Manufacturing, News, Singapore, Southeast Asia, Technology, Thailand, Vietnam
Singapore, Vietnam and Thailand aim to become a regional leader in the semiconductor manufacturing industry while the demands of artificial intelligence technology and electric vehicles are increasing. Singapore is expanding its decades-long domination in the...
by Teuvo Tuomi | Aug 30, 2024 | China, Entertainment, News, Technology
China’s internet users approached 1.1 billion at the end of June, up 7.42 million from December. Around 78% of mainland Chinese citizens were connected to the internet, and over one third of new internet users were drawn to short video applications as of June,...
by Teuvo Tuomi | Aug 21, 2024 | News, Digitalization, Technology, Thailand
According to an insider, five companies and joint ventures have applied to establish a virtual bank in Thailand after the Bank of Thailand (BOT) opened applications in March. After applications close on 19 September, the BOT will select three qualified operators to...