Byju's investors, holding a combined stake of about 60%, voted in favor of expelling founder Byju Raveendran from the board.
Startups

Once India's most valuable startup, Byju's staring at founder exit

Investors vote to oust founder and family from board, alleging mismanagement

24 February 2024
Japan's Ministry of Economy, Trade and Industry is offering funding in hopes of spurring the development of domestic generative AI startups. (Source photo by Reuters and Satoko Kawasaki)
Startups

Japan races to back AI startups amid Nvidia processor shortage

Economy ministry joins expensive battle for computing power

23 February 2024
After Taiwan Semiconductor Manufacturing Co. announced its first Japanese chip plant in Kumamoto, regional demand for investing in the southwestern prefecture surged. (Photo by Shinya Sawai) 
Business Spotlight

TSMC's Japan chip venture spurs investment rush

In Kumamoto and beyond, companies cash in on the Taiwanese chipmaker's expansion

23 February 2024
NTT's IOWN platform could aid in military communications and equipment monitoring.
Defense

Japan to adopt NTT next-gen communications tech for defense

Plan part of broader push to use civilian breakthroughs to enhance security

23 February 2024
Tokyo Electron shares have benefited from investor interest in the AI boom. (Tokyo Electron)
Semiconductors

Tokyo Electron's market cap surpasses Sony on Nvidia boost

Chipmaking equipment maker becomes 3rd-most valuable Japanese company

23 February 2024
U.S. commerce official Thea D. Rozman Kendler says Washington has no interest in expanding restrictions on cutting-edge exports to China to legacy chips. (Photo by Sadayasu Senju)
US-China tensions

U.S. export curbs on China won't extend to legacy chips: official

Assistant commerce secretary says controls are 'as narrow as possible'

23 February 2024
A logo of Grab is seen at Soekarno-Hatta International Airport in Jakarta. (Photo by Ken Kobayashi)
Companies

Singapore's Grab debuts share buyback of up to $500m but will be 'cautious'

Nasdaq-listed tech stock slides as 2024 revenue forecast misses expectations

23 February 2024
Lenovo, the market leader in personal computers, has been struggling with weak demand. (Source photos by Getty Images)
Technology

Lenovo to ship first AI PC by midyear after double-digit profit drop

Chinese maker pins hopes on new device as market suffers 'unprecedented' downturn

22 February 2024
Stream article image
#techAsia

Japan's chip supplier surprise and Vietnam's educational returns

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

22 February 2024
Google will prepare a production line for its high-end Pixel 8 Pro smartphone in southern India as it looks to tap the country's massive market.
Supply Chain

Google plans to begin Pixel phone production in India in Q2

Search engine giant joins Apple, Samsung in tapping big South Asian market

22 February 2024
Nvidia CEO Jensen Huang is bullish on the outlook for 2024. (Nvidia)
Semiconductors

Nvidia revenue more than triples as AI hits 'tipping point'

China sales hit by U.S. export ban, but chipmaker starts shipments of compliant models

22 February 2024
Intel CEO Pat Gelsinger speaks at the U.S. chipmaker's event on Feb. 21. (Photo by Naoki Watanabe) 
Semiconductors

Intel joins 1.4-nanometer chip race against TSMC and Samsung

U.S. chipmaker wins Microsoft as foundry customer with AI demand rising

22 February 2024
U.S. Commerce Secretary Gina Raimondo speaks during a visit to BAE Systems, in Nashua, New Hampshire, on Dec. 11.
Semiconductors

U.S. needs another CHIPS Act to lead world, says Raimondo

Commerce secretary pushes for more investment into semiconductors

22 February 2024
President Joe Biden's new executive orders warns of the danger posed by cyberattacks on infrastructure.
US-China tensions

Eyeing China, Biden signs order to defend ports against cyberattacks

Chinese-made shipping cranes could be remotely-controlled, admiral warns

22 February 2024
Expedia Group CEO Peter Kern in Tokyo on Feb. 20. (Photo by Yuki Kohara)
Travel & Leisure

AI commitment gives competitive edge: Expedia CEO

Major online travel agency increases focus on the tech to personalize service

21 February 2024
Alibaba's Taobao e-commerce app faces mounting competition in the world's No. 2 economy.
Technology

Alibaba's Taobao sets up live commerce venture as competition grows

China platform is facing pressure from rivals such as PDD and Douyin

21 February 2024
Troubles in Indonesia's peer-to-peer lending sector are threatening to drive away retail lenders.
DealStreetAsia

Indonesia's top P2P platforms meltdown spooks retail lenders

Collapse impacts dozens of players and involves billions of rupiah in financing

21 February 2024
Samsung Group had long discouraged the formation of unions in line with the stance of the conglomerate's founder. (Photo by Kotaro Hosokawa)
Work

Samsung workers launch 15,800-member integrated union

New superunion seeks to distance itself from hardline labor groups

21 February 2024
GlobalFoundries produces legacy chips that still serve a critical role both in the U.S. defense industrial base and in consumer product manufacturing.
Semiconductors

U.S. boosts chipmaker GlobalFoundries as China worries mount

But Chinese rivals aren't main concern in competitive foundry sector, expert says

21 February 2024
Fanuc's new Spanish sales hub near Barcelona has four times the floor space of its old site. (Fanuc)
Technology

Japanese robot builder Fanuc expands Spain hub in European push

Sales center with showroom and training space aims to tap regional growth

21 February 2024
Chinese electric vehicle maker BYD's booth at the Indonesia International Motor Show in Jakarta on Feb. 19. The company entered the country's car market last month. (Photo by Nana Shibata)
Automobiles

Indonesia EV competition heats up with VinFast and BYD debuts

Other Asian manufacturers also aim to grab market share with auto show offerings

20 February 2024
China's JD.com is eyeing a possible purchase of U.K. electronics retail chain Currys.
Business deals

China's JD.com considers bid for U.K. retailer amid domestic headwinds

E-commerce giant faces mounting competition from peers such as Pinduoduo

20 February 2024
Screen Semiconductor Solutions says its are enjoying strong demand for older generation chip technologies. (Photo courtesy of Screen Semiconductor Solutions)
Semiconductors

U.S. trade curbs spur China business for Japan chip industry

Beijing's self-sufficiency push is tailwind for companies despite uncertainties

20 February 2024
Despite Beijing's attempts to stifle LGBTQ advocacy, calls for fair treatment continue unabated in online, offline, group and solo events, according to China Dissent Monitor data.
Asia Insight

China LGBTQ community hangs tough in dissent amid repression

Study shows new protest channels used to urge rights progress as authorities circle

20 February 2024
Rengo expects the new business to expand the applications for the waste wood and industrial waste recovery business the company has been involved in.
Environment

Japan firm to turn construction waste into green jet fuel material

Cardboard maker Rengo plans $133m investment in ethanol production for SAF

19 February 2024