AsiaBusinessOutlook >> Startups that made waves this week

The month of October is seeing its last week, and it has been an eventful one; this month was a turbulent one with all the economic fluctuations the global economy faced with regard to oil prices and inflation. China and Vietnam underwent signific..., Startups that made waves this week

AsiaBusinessOutlook >> Panasonic Holdings to Sell its Automotive Business to Apollo Global

On Nov 17, Panasonic Holdings of Japan announced its intention to sell a portion of its automotive systems business to investment funds managed by U.S. entities. Apollo Global Management, a private equity firm, has entered into a memorandum of und..., Panasonic Holdings to Sell its Automotive Business to Apollo Global

AsiaBusinessOutlook >> Philippines Secures Investment Pledges from German and American Firms

The Philippines has recently secured approximately US$5 billion in investment pledges from German and American firms, representing significant potential gains for the country in sectors such as healthcare and energy. President Ferdinand Marcos Jr,..., Philippines Secures Investment Pledges from German and American Firms

AsiaBusinessOutlook >> Toshiba & BASiC Partner on Next-Gen Power Modules

Toshiba Electronic Devices & Storage Corporation and BASiC Semiconductor Co., Ltd. have entered into a memorandum of understanding (MoU) to establish a strategic partnership in power module products. The partnership will bring to..., Toshiba & BASiC Partner on Next-Gen Power Modules

AsiaBusinessOutlook >> Denso Eyes $8.3B Acquisition of Rohm Semiconductor

Denso bids 1.3 trillion yen for Kyoto-based chipmaker Rohm, aiming to strengthen EV and AI chip supply, align with Japan METI consolidation plans, and compete globally., Denso Eyes $8.3B Acquisition of Rohm Semiconductor

AsiaBusinessOutlook >> Asia Today: AI, EVs, FoodTech, Healthcare & Investment Deals

Asia sees fresh business developments as Geely advances AI EV charging, Life Lab Resources raises $1M, Brookfield eyes Actimize and Suanova backs healthcare AI, Asia Today: AI, EVs, FoodTech, Healthcare & Investment Deals

AsiaBusinessOutlook >> Asia Today: AI, Chips, EVs, Trade & Technology Shifts Across Asia

Asia sees major business developments as Sony advances physical AI, Chinese appliance makers expand overseas, Toyota shifts EV sourcing and US-China trade talks continue, Asia Today: AI, Chips, EVs, Trade & Technology Shifts Across Asia

AsiaBusinessOutlook >> China's Exports Soar Owing To EV Demand

China's exports unexpectedly increased in March, owing to strong shipments of solar products, new-energy vehicles, and lithium batteries, as supply chain conditions improved following the COVID paralysis. Meanwhile, imports fell less than expected..., China's Exports Soar Owing To EV Demand

AsiaBusinessOutlook >> Qualcomm Technologies To Acquire Israeli Chip Maker Autotalks

Qualcomm Inc announced on Monday that it would acquire Israel's Autotalks Ltd, which makes chips used in technology aimed at preventing vehicle crashes, as the US firm seeks to expand its automotive business. The number of chips used by automakers..., Qualcomm Technologies To Acquire Israeli Chip Maker Autotalks

AsiaBusinessOutlook >> Xiaomi Secures Approval to Manufacture EVs

According to two people familiar with the matter, Xiaomi Corp has received approval from China's state planner to manufacture electric vehicles (EVs), a major step towards the smartphone maker's goal of producing cars by early next year. The Natio..., Xiaomi Secures Approval to Manufacture EVs