ASIA BUSINESS OUTLOOK9AUGUSTNEWSROOMSAMSUNG WINS $16.5B TESLA AI6 CHIP MANUFACTURING DEALBetween November 2024 and January 2025, Indonesia suffered financial losses of 476 billion rupiah (US$29.7 million) due to cybercrime, according to the Deputy Minister Nezar Patria of the Ministry of Communication and Digital.Digital fraud remains a major threat, with 1.2 million reports of online scams filed by mid-2025. The ministry is working with the police's cybercrime division to address complaints and track down both domestic and international perpetrators of spam and scam operations. Nezar stressed the need for stronger regulations, improved digital literacy, and AI-based detection technologies to counter the escalating threat. The losses in this short period mark a sharp acceleration in cybercrime compared to previous years.Data from March 2024 already showed a 70 percent surge in phishing attacks, a 40 percent rise in DDoS attacks, and a 50 percent jump in ransomware incidents compared to 2023.With 221 million internet users, Indonesia is a prime target for cybercriminals. Although the Personal Data Protection Law was enacted in 2022, its enforcement has been hampered by the absence of implementing regulations and an independent data protection authority. Full enforcement was planned for October 2024, but these gaps continue to leave vulnerabilities, especially concerning as nearly a third of the country's 270 million citizens are under 18.The government's push for AI-driven early detection reflects the urgency to strengthen defenses beyond regulatory measures. Many organizations, still adapting to compliance rules, risk inadequate protection against the increasingly sophisticated fraud schemes behind these massive losses. Samsung Electronics has signed a US$16.5 billion contract to manufacture Tesla's next-generation AI6 chips, cementing a long-term collaboration in autonomous driving technology.The chips will be produced at Samsung's Taylor, Texas facility until 2033, powering Tesla's Full Self-Driving (FSD) systems. This deal follows Tesla's decision to shut down its Dojo supercomputing team, indicating a strategic shift toward deeper reliance on external chip partners. Tesla CEO Elon Musk confirmed the company will prioritize development of its AI5 and AI6 custom processors while scaling back separate in-house chip projects.Bloomberg reported that Tesla's Dojo engineers have been reassigned, and the EV maker will lean more on major players like Nvidia, AMD, and Samsung for its high-performance computing needs.Samsung chair Lee Jae-yong has been in the US since late July and may meet Tesla executives to discuss broader technology partnerships. Industry sources highlight that chip foundries, including Samsung, are increasingly collaborating closely with customers in chip design as well as manufacturing."Partnering with industry leaders like Tesla allows us to push the boundaries of semiconductor innovation and accelerate advancements in autonomous driving," said a Samsung representative.This multi-year partnership positions Samsung as a core contributor to Tesla's AI-driven vehicle technology, reinforcing both companies' leadership in next-gen mobility and semiconductor innovation. INDONESIA LOSES $29.7M TO CYBERCRIME IN 3 MONTHSKey Highlights· Indonesia lost 476B rupiah to cybercrime in 3 months· 1.2 million online scam reports filed by mid-2025· AI tools and stronger laws pushed to fight digital fraudKey Highlights· Samsung to manufacture Tesla's AI6 chips in Texas through 2033· Tesla shuts down Dojo supercomputing team, shifts to external partners· Partnership boosts Samsung's role in autonomous driving tech
< Page 8 | Page 10 >