Tech in Asia

The fines are the first under the Digital Markets Act, aimed at reducing tech companies' dominance.

Markets opened positively after Trump's comments on easing tariffs.

Trump's tariffs on Chinese imports have reached as high as 145%, causing significant trade tensions.

Juspay claims to process over 200 million transactions daily, handling an annual volume exceeding US$900 billion.

Tesla is advocating for lower import duties and is in discussions with Indian officials.

SK Hynix controlled 70% of the HBM market during this period, driven by demand from clients like Nvidia.

This decision follows protests in July 2024, when hundreds gathered at a PDD subsidiary office to oppose the refund policy.

However, Besi’s revenue fell by 6.1% compared to the previous quarter, reaching €144.1 million (US$164.35 million).

Is an important metric for revenue broken for AI startups? How can you tip us off on big stories? Dive on in to find out.

Zhipu AI recently filed for an IPO, aiming to be the first of China's emerging AI companies to go public.

Eshay also misrepresented his professional background, falsely claiming to be a retired brigadier general and test pilot.

The YU7 electric SUV is set to launch in June or July 2025, despite previous speculation.

The IPO was initially expected to launch as early as May, but market conditions may delay it.

GAC’s Level 4 autonomous models are being developed with its EV subsidiary Aion and ride-hailing company Didi Global.

SK Hynix, which saw its stock more than double in the past two years, has lost 20% from its peak in January.

The government-supported alliance includes approximately 40 retail and AI companies.

Team-BHP, founded in 2004, is India’s largest automotive forum.

Huayou Cobalt will partner with Indonesian state-controlled companies to carry the project forward.

Sales in Europe, including the UK, tripled in the first quarter of 2025 compared to the same period last year.

Delivery Hero will redirect resources to other markets in the Asia-Pacific region, expecting better returns there.