Asia

Japan's Omron has agreed to acquire U.S. industrial computer maker OnLogic and parent Interlogic for $675 million to expand its physical AI business.

ST Engineering plans to open a Singapore center in early 2027 to assess and strengthen autonomous vehicles, drones, robots and cyber-physical systems.

Infineon has completed its acquisition of Bengaluru-based C2i Semiconductors, adding digital power-management expertise for AI data centers.

TCGX has closed an oversubscribed $600 million fund to invest across stages in Asia-based biotechnology companies and is opening Hong Kong and Shanghai offices.

Two American businesses, WEX Inc. and payments group Mastercard, will combine fuel, maintenance, tolling, and parking payments for vehicle fleets into a single system across Asia-Pacific.

Firmus has withdrawn its planned A$7 billion Australian IPO and will pursue private funding after investor concerns over valuation and expansion risk.

TSMC's third-quarter revenue rose about 50 percent to a record NT$1.49 trillion, exceeding analyst expectations as AI chip demand remained strong.

OSL's Siwei Gong discusses institutional demand for stablecoin-to-fiat settlement, cross-border B2B payments, treasury workflows and the banking infrastructure needed for wider adoption.

GlobalFoundries will manufacture silicon interposers for TSMC's CoWoS ecosystem under a five-year, $2 billion agreement, with production set to ramp in 2028.

Endeavor Catalyst has closed a $320 million Fund V and says Asia will be a priority pipeline region, anchored by its Singapore hub.