Asia

Western Digital and Ingrasys, a subsidiary of Foxconn Technology Group, the world’s largest electronics manufacturer, announced Thursday a strategic collaboration to deliver a new flagship Top-of-Rack (TOR) switch with embedded storage.

Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital.

Brinc, the global venture accelerator with a portfolio spanning climate tech, AI, and IoT, has officially entered the South Korean market by acquiring Next Stage Venture Studio, a Seoul-based accelerator launched in 2024. The acquisition marks the first time a global accelerator has acquired a domestic accelerator in South Korea, signaling Brinc’s deepening…

K-Beauty startups have recorded $4.9 million funding in the first four months of 2025, signaling a recovery after a weak 2024, Tracxn said Wednesday.

Now in its tenth year, the 2025 edition offers a combined pool of up to ₩950 million in total government support. This includes equity-free prize money for top teams, travel and living stipends for selected participants, and commercialization grants for the best-performing startups. KSGC has been redesigned as a more flexible, founder-first…

Foxtron Vehicle Technologies, a subsidiary of Taiwanese Hon Hai Technology Group (Foxconn), has inked a deal with Japanese automobile manufacturer Mitsubishi Motors Corporation to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an original equipment manufacturer (OEM) model.

Digitalization can be a powerful tool to help reduce persistent economic inequality in Asia and the Pacific—but to harness its potential, governments need to narrow “digital gaps,” including gaps in infrastructure, access, and skills, according to a new report by the Asian Development Bank (ADB).

Primer, the Tencent-backed fintech firm, has announced that it has ‘set down roots’ in Singapore, incorporating in the city state following a strong year of growth in Asia-Pacific, which saw a 239 percent increase in payment volume.

YäRKEN, an artificial intelligence (AI) native information technology (IT) financial management (ITFM) platform for enterprise clients, has announced a fundraising round led by 1982 Ventures.

Lightstorm, a provider of digital network infrastructure connectivity solutions headquartered in Singapore, has announced the successful integration of the assets acquired from RTI Cables, further enhancing its global subsea and terrestrial network.