February 14, 2024 Sydney
Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest...
Read more
February 09, 2024 Singapore
Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to...
Read more
January 08, 2024 Australia
The Reserve Bank of Australia (RBA) recently announced plans to decommission its head office data center in Sydney and relocate to a colocation facility. Moreso, other RBA data centers will get an all-new core infrastructure, and the Bank will migrate all of its applications and workloads to that...
Read more
January 05, 2024 Japan
Findings by analyst house TrendForece found that several semiconductor-related facilities in Japan have been affected by the 7.6 magnitude earthquake that hit the Ishikawa region on the first day of the year. Multilayer ceramic capacitor (MLCC) manufacturer Taiyo Yuden; silicon wafer producers...
Read more
December 29, 2023 Taiwan
TSMC chairman Mark Liu will retire next year after holding the position since 2018, replacing the semiconductor manufacturer’s founder Morris Chang who retired the same year. Now, the board has recommended that the company’s current CEO and vice chairman, C.C. Wei replace Liu as chairman. On...
Read more
December 27, 2023 China
British semiconductor and software company Arm has laid off more than 70 software engineers based in China due to a downturn in the country's sales of devices such as smartphones and personal computers. In 2022, the company announced that it would cut about 1000 jobs, about 15 percent of its...
Read more
December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
Read more
December 16, 2023 New Zealand
New Zealand’s Datagrid announced this week that it has appointed Perrine Dhalluin as its new CEO, replacing Ludovic Hutier. Dhalluin was the CEO at Pacific Islands telecoms firm Intelia, before she left the role in November 2022, joining BW Digital as chief network officer. She has also held...
Read more
December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
Read more
December 08, 2023 Malaysia
Chinese data center developer and operator GDS has raised MYR1.27 billion ($270m) in green financing for its Nusajaya Tech Park data center in Malaysia. The finance was secured from four financial institutions: UOB Malaysia, Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and...
Read more
December 04, 2023 Malaysia
Malaysian telco Axiata Group Berhad announced last week that it has entered into an unconditional sale and purchase agreement with Spectrlite UK Limited for the sale of Reynolds Holding Limited, which owns approximately 80 percent equity stake in Ncell Axiata Limited. The company mentioned that...
Read more
December 03, 2023 Jakarta
Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 of...
Read more
November 25, 2023 Australia
Australian superannuation fund Rest Super announced this week that it is investing $656 million in a data center and battery storage project from Quinbrook Infrastructure Partners in Brisbane. This investment will expose it to several assets, including solar and battery projects, green data...
Read more
November 24, 2023 China
British chipmaker Graphcore has announced that it will pull out of China in the face of US export controls. The chipmaker is now letting go of most of its staff in China and discontinuing business there. This is another setback to the company, which is already struggling as it revealed in October...
Read more
November 14, 2023 India / Bhārata
Singapore's CapitaLand India Trust (CLINT) has secured a Rs 1,300 crore ($155.9m) five-year construction loan to develop its data center facility in Navi Mumbai. India. This fund, secured by J.P. Morgan India, will be used to finance the first phase of construction of the data center. Sanjeev...
Read more
November 09, 2023 South Korea
South Korean technology firm Naver held an opening event for the first phase of its Sejong campus, its second major campus in Korea. This campus, currently spanning 290,000 square meters, is expected to reach 270MW of capacity at densities of 20kW and can reportedly hold 600,000 servers, running...
Read more
November 03, 2023 Batam
Real estate private equity firm Gaw Capital Partners and Indonesian developer Sinar Primera announced a partnership this week to build a data center in Batam, Indonesia. Gaw will be acting as the primary investor in this partnership with Sinar Primera as the development manager will take a...
Read more
October 27, 2023 Bangladesh
A fire that broke out on the 13th floor of the 14-story Khawaja Tower in the Mohakali district of the Bangladesh capital yesterday killed three people and severely disrupted the Internet in Bangladesh. The fire broke out at 16:58, and the Dhaka fire department arrived at the location at 17:07 and...
Read more
October 27, 2023 Vietnam
State-owned telco Vietnam Posts and Telecommunications Group (VNPT) announced the launch of a new 23,000-square-meter data center campus outside Hanoi this week. The new Tier III facility known as VNPT IDC Hoa Lac – in the Hoa Lac High-Tech Park in the Thach That district, Ha Tay province, can...
Read more
October 16, 2023 India / Bhārata
Indian data center company CtrlS Datacenters plans to invest $2 billion over the next six years for its expansion across Asia and the Middle East. The company plans to add 350MW of AI and cloud-ready hyperscale data center capacity to its existing 234MW capacity. Sridhar Pinnapureddy, founder and...
Read more