in September 2024
Technology news from across Asia and the Indo-Pacific in September 2024 touched on successes and challenges, implementations and developments across a huge range of established, emerging and critical technologies.
In September, Asia’s tech news headlines spanned items including: Malaysia-Cambodia cross-border payments tech; Australia’s proposed fines for disinformation on social media platforms; India’s Bharat Web3 Association’s new partnerships; more than 100 new Alibaba AI models released publicly; Korea-Australia space launch agreements made; and many more.
Also: Critical technologies in September 2024 >
For a one-shot weekly overview of Asia’s tech news, check our weekly newsletters via Substack and on LinkedIn.
Deloitte: Generative AI – Tech, Media & Telecommunications in APAC
Australian tech news: September 2024
- Australia: Build Buddy construction-tech startup moves to Startup World Cup finals with platform allowing users to design and build their own home
- Australia: Government proposes fines for social media and internet platforms of up to 5% of their global revenue for failing to prevent the spread of misinformation…
Cut Through Venture: Australia Venture Capital – Q2 2024 Report
Cambodia snapshot: September 2024
- Malaysia and Cambodia central banks launch cross-border QR code payments, allowing consumers and merchants to make and receive instant payments via mobile…
KPMG: Venture Pulse Q3 2024, a global analysis of venture funding
China’s tech headlines: September 2024
- China: Alibaba released over 100 open-source AI models under Qwen 2.5 release, claiming the Max edition surpasses Meta’s Llama and OpenAI’s GPT4 in specific areas
- “China’s efforts to match US computing power in artificial intelligence are being hampered by bug-ridden software…”
Global megatrends: Shaping the future of societies, economies, and values
HONG KONG tech news: September 2024
- Hong Kong Monetary Authority launches Project Ensemble Sandbox, introducing 4 broad asset tokenisation use cases…
Indo-Pacific Space and Earth Conference: November 26-28
India’s tech Headlines: September 2024
- India: Tata Electronics and Taiwan’s PSMC ink agreement for major semiconductor manufacturing facility in Gujarat, with investment projected at $11Bn
- India: Gov’t has approved space projects including Chandrayaan-4 lunar sample return mission, a first space station module, and Venus Orbiter Mission…
Inc42: The Rise of India’s Semiconductor Startups
Indonesia snapshot: September 2024
- New Indonesia-to-Singapore Nongsa-Changi undersea cable was recently announced, targeting Q4 2025 operations connecting with Nongsa Digital Park
- India’s Bharat Web3 Association inks agreements with Australia’s Digital Economy Council and Asosiasi Blockchain Indonesia for collaboration, standards development and more…
2024 Threat hunter perspectives: Insights from the front lines
Japan’s tech news: September 2024
- Japan: An intro to Emulsion Flow Technologies, producing modular units to scale recycling of rare earth metals and critical minerals
- Japan: An overview of Hokkaido’s moves into semiconductor manufacturing, touching on the Rapidus-IBM partnership for a 2nm semicon fabrication plant…
Japan: Bitcoin mining and renewable energy
South Korean tech: September 2024
- South Korea: Government announces Startup Korea Fund formation with a total capital pool of $629M, attracting more private investment than expected
- South Korea’s Hanwha Aerospace and Australia’s Gilmour Space ink MOU for collaboration in space launch and satellite imagery…
GITEX Asia Tech Conference & Expo: April 2025 in Singapore
Malaysian tech news: September 2024
- Malaysia’s OMS undersea cabling firm sets $300M for new ASEAN-focused cable systems and acquisitions, responding to demand for data centers and cloud computing
- Malaysia’s Cradle Fund and Invest India form strategic India-Malaysia Startup Alliance to strengthen startup ecosystems in both nations…
MYStartup – Single Window to Malaysia’s Startup Ecosystem
New Zealand tech: September 2024
- New Zealand’s Shutterspeed is selected for investment by Techstars with an AI-powered business assistant for content creators and creatives…
UNDP at al: Indonesia Digital Ecosystem Assessment 2024
Philippines tech: September 2024
- Philippines’ franchise holder of McDonald’s partners India’s Tata Consultancy Services for cloud-focused upgrade of more than 760 restaurants
- Philippines: Central bank finds the country’s 6 digital banks attracted 8.7M depositors as of June 2024, significantly larger than 3.6M depositors of 1 year ago…
The Philippines: September 2024 >
Cushman & Wakefield: Asia Pacific Data Center Market H1 2024
Singapore tech news: September 2024
- Singapore: Bezos Earth Fund to grant $30M to finance Bezos Centre for Sustainable Protein at the National University of Singapore
- Singapore’s Singtel and Korea’s SK Telecom roll out world-first telco-provided GPU-as-a-service, looking at partnerships across Asia and Europe to grow the service…
The Dawn of the AI Era:: Generative AI, teens, parents, home and schools
Taiwan’s tech news: September 2024
- Taiwan: TSMC is preparing ground for two 2nm semiconductor fabrication plants to commence operations in Q1 and Q3 of 2025, building on volume of 3nm chip orders
- Taiwan’s Foxconn is mulling construction of a $1BN smartphone display modules assembly facility in India’s Tamil Nadu, with an operating model that side-steps China components…
Taiwan & global semiconductor supply chain: August-September 2024 (pdf)
Thailand’s TEch News: September 2024
- Thailand’s Krungsri and Japan’s MUFG ink MoU with banks from Vietnam, Indonesia and The Philippines to coordinate market entry for Thai firms across ASEAN…
KPMG: Navigating the future of seamless e-commerce in Asia Pacific
Vietnam snapshot: September 2024
- Vietnam: An overview of Vietnam’s 10 proposed undersea cabling projects, and concerns around possible participation of a number of China’s cable ecosystem firms…
ASPI: The future of subsea cables and opportunities for Australia
critical Technologies: September 2024
- Star Catcher raised $12.25M with plans for first-of-kind grid to beam solar energy to spacecraft in Low Earth Orbit, and potentially to Earth and locations beyond
- An overview of the challenges faced by GPS and space-based navigation, with a focus on AltPNT technologies
- Microsoft, BlackRock and partners unveil $30BN fund for AI infrastructure, looking to mobilise up to $100BN focusing primarily on US data center development
- AMD now classifies itself as a ‘data center first’ company, with CPU and gaming businesses unable to match data business revenue…
Critical technologies, globally, in September 2024 >
Critical technologies in the news, globally, in September 2024
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