Asian Tech Roundup: India’s Court Dismisses Internet Price Regulation Plea
India’s Supreme Court has rejected pleas for regulating internet prices amidst private telecom price hikes. China’s initiative for data-as-assets is struggling with low participation. Australia bans Kaspersky on security concerns and fines Telegram for delays in addressing child protection issues. Alibaba announces significant investments in AI, while Apple seeks better integration with WeChat. North Korea conducts the largest cryptocurrency theft, and in Indonesia, Apple’s iPhone ban has been lifted.
This week’s Asian Tech Roundup covers significant developments across the region, including India’s Supreme Court ruling, China’s lack of adoption of data-as-asset listings, and Australia’s measures against Kaspersky software. The Indian Supreme Court has dismissed a plea to regulate internet prices in light of ongoing price hikes by major telecommunications companies, emphasizing that public operators are an alternative, despite the dominance of private firms.
In China, the government’s initiative allowing data to be listed as assets has seen minimal participation, with fewer than 300 companies opting in out of 60 million total. Additionally, Kaspersky software has been banned in Australia for security concerns, following a similar ban in the United States last year. Australia’s eSafety Commission has also fined Telegram for delaying responses related to child protection measures.
Chinese tech giant Alibaba plans to invest approximately 380 billion yuan ($52.44 billion) in its cloud and AI infrastructure over the next three years while also releasing an open-source AI model. Furthermore, Apple intends to enhance its Developer service integration with WeChat amid declining iPhone sales in China. Meanwhile, trade tensions are escalating as the U.S. is set to strengthen semiconductor restrictions on China, complicating the competitive landscape in the tech sector.
In India, the Supreme Court’s ruling regarding internet pricing coincides with rising internet shutdowns, seeing a total of 84 shutdowns, marking a temporary deviation from its previous ranking as the highest for such actions. The Indian tech sector is projected to have a 5.1% growth this fiscal year, and the market is witnessing increased focus on AI services. Major tech firms in India, including HCLTech, emphasize the need for innovation in AI models.
In Japan, the semiconductor equipment manufacturer Tokyo Electron plans to expand its workforce in response to more complicated production processes. Samsung in South Korea has reached an agreement for a 5.1% wage increase with its union, alleviating a long-standing dispute while collaborating with Intel to develop advanced AI-specific technology.
In other news, North Korean hackers executed the largest cryptocurrency heist in history, stealing $1.5 billion. Additionally, the Indonesian government and Apple have reached an agreement, resulting in the lifting of a ban on the iPhone 16, which signifies a more favorable regulatory environment in the region.
This week’s roundup highlights critical regulatory and operational changes in the Asian tech landscape, including India’s regulatory decisions and evolving market dynamics in China. The ongoing developments in cybersecurity and trade relationships showcase the complexities facing the tech industry in the region. These changes will likely shape future growth and investment in technology across Asia.
Original Source: www.computing.co.uk
Post Comment