With global digital transformation accelerating and breakthroughs in a wide range of tech developments - such as those for 5G, AI, cloud/edge computing, metaverse/virtual-physical integration, self-driving cars/electric vehicles (EV) - companies around the world are paying much closer attention to and investing more resources in collaborations with startups that promise creativity and innovative ideas. This is driving corporate startup engagement (CSE). Its aim is not only to introduce new momentum into established companies' digital transformation, but also to jointly build a better world.
In a bid to speed up digital transformation, many enterprises have planned to focus IT investment in 2022-2023 on hybrid clouds, according to head of cloud computing business group Kyle Wu for AI startup iKala Interactive Media.
Compal Electronics will cooperate with InSynerger Technology, a startup developer of IoT-based smart solutions, to set up a network of 5G smart poles in Asia New Bay Area 5G AIoT Innovation Park in Kaohsiung City, southern Taiwan, in a bid to boost standardization of 5G smart poles, according to deputy director Irving Fan for Compal.
Cybersecurity firms are firing on all cylinders in response to the demand coming from the automotive industry. Yoav Levy, co-founder and CEO of Upstream Security, said the cybersecurity risk level has increased as vehicles get more software-driven. The evolution will also challenge cybersecurity companies with new and unknown threats.
The ways people and goods move have been evolving over the years. With technology advancements, electrification and digitization have become the prominent trends in the mobility industry, according to Meir Dardashti, a principal at Maniv Mobility.
Even as the world recovers from the pandemic, commodity costs and geopolitical tension have set the stage for an economic recession. Economists would argue that downturns are part of the modern financial system, but that doesn't make its impact less difficult. Even the Reserve Bank of India said that recent global concerns have hurt the country's economic recovery.
Imagine having your gas-powered motorcycle converted into an electric one without needing to buy a new one - that is what BlueWing Motors can do for you and for the carbon market that is to come in Southeast Asia.
Vehicle cybersecurity has become more likely at stake as cars enable connectivity. Karamba Security, an Israel-based startup, offers end-to-end solutions covering product security from design to vulnerability management. The company has acquired investments and partnerships with multiple Asian enterprises, looking for more opportunities in Southeast Asia.
Planning an efficient and effective IR program is one of the most important responsibilities of IRO and investor relations team at any company. Based on our hybrid experience working with micro/small-cap companies with no analyst coverage, to larger-cap companies with more coverage, and incorporating feedback from institutional investors, we recommend considering the following when building an IR plan.
How do you define a culture? Culture can be reflected in both materials (lifestyle, fashion, aesthetic tastes) and spirituals (customary beliefs, future expectations, value systems). It affects how people behave and interact with each other in the world. As every change in technology brings new culture, the metaverse can usher in a new form of culture (Metaculture), which can affect our real lives. Metaculture is also a crucial part of metaverse applications as different cultures (community-driven/ corporate-driven) can attract different user groups. This series of articles on the metaverse culture aims to draw a profile of Metaculture and forecast the implication of this new wave.
Bolstering operational technology (OT) security is a budding awareness among semiconductor suppliers, as the manufacturing industry has become the most popular target of hackers, according to Terence Liu, CEO of TXOne Networks.
The innovation hub of Asia, InnoVEX has returned in 2022 in its first hybrid online/onsite format. The onsite event was held in Taipei Nangang Exhibition Center (TaiNEX 1) from May 24 to 27 while the online platform will be active throughout the year. The onsite event was held in the same timeframe as Computex 2022 and was visited by both domestic and international VCs and CVCs, as well as corporate representatives who were interested in partnering with tech-startups. The InnoVEX Online Platform this year has attracted over 10,000 visitors from around the world and hosted various events including online exhibition and event livestreams.
Space technology has become one of the hot topics recently, with Morgan Stanley, Bank of America, and Citi Group all forecasting the revenues of the space tech industry will hit US$1 trillion by 2040. Tensor Tech, a startup from Taiwan, is likely to play an important role in that promising future.
With the global automotive industry moving towards full electrification, future vehicles are positioned to offer increasing levels of autonomy and connectivity, and cybersecurity is expected to become a new dimension of quality for cars.
The expanding security surveillance market in China continues to boost the shipments of CMOS image sensor (CIS) chips from Chinese CIS startup SmartSens Technology, which has entered the supply chains of China's first-tier security camera vendors including Hikvision Digital Technology, Uniview Technologies and Dahua Technology, according to industry sources.