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For consumers, this has created a hostile buying environment in some instances, while some governments have become acutely aware of the fragility of the global tech supply chain. The ongoing chip shortage has affected everything from LCD displays to graphics cards, game consoles, TVs, and even automakers.
Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . Riiid has said it will continue to fuel its global expansion with the funding. . million users downloaded the Riiid Tutor app in South Korea and Japan. Riiid claims that more than 2.5
The rest of Asia has risen in importance If I were starting a tech website in 2011, I would probably have wanted to hire someone in Japan, which was at the time the undisputed home of gadgets — floating bathtub TVs, widespread NFC use, robot dogs, and so on. It’s a little sad to say so, but Japan isn’t the force in consumer tech it once was.
Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . Industry sources told TechCrunch that consolidation started in the e-scooter industry last year. Expansion to Japan.
As a fan and scholar of the game , Im happy to see more women watching baseball and working in the industry. A global game You might be surprised to learn that the U.S. In addition, 43 women held coaching and managerial jobs across the major and minor league levelsa 95% increase in just two years. Women take the field In the U.S.,
Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite. As the tit-for-tat tech conflict between the U.S.
It can be particularly tough for businesses in Asia Pacific & Japan (APJ) who have been weathering this storm the longest. Business leaders across various industries were questioned about their use of data during the pandemic, lessons learnt and confidence in the future health of their organisation.
There’s an urgent need for a global air traffic management solution to enable safe and efficient drone and urban air mobility (UAM) operations, and Terra Drone aims to be the leading player building the digital infrastructure in the sky.” . 4 eVTOL trends moving the air taxi industry closer to takeoff. and Southeast Asia.
Moov, a data-fueled marketplace for used manufacturing equipment , has closed a $41 million Series A funding round led by Tiger Global. It also plans to expand its global presence in China, Taiwan, South Korea, Japan, and Europe. With close to $1.5
Rival IQ Social Media Industry Benchmark Report ] Nonprofits have an average engagement rate of 0.066% on Facebook. Rival IQ Social Media Industry Benchmark Report ] 53% of nonprofits spend on social media advertising. Global NGO Technology Report ] 49% of nonprofits use LinkedIn Pages.[ Facebook Facebook has 3.05 on TikTok. [
SmartRyde, which currently operates its airport transfers services in 150 countries with 700 airports globally, has collaborated with approximately 650 taxi companies and more than 25 online travel agencies (OTAs) including Booking.com, Expedia, Trip.com, Indonesia’s Traveloka and Argentina’s Despegar, Kimura said.
Why brands looking (or struggling) to expand globally should on: Industry Insights and Innovation Be inspired by thought leaders and industry pioneers. Why brands looking (or struggling) to expand globally should on: Industry Insights and Innovation Be inspired by thought leaders and industry pioneers.
AIMMO announced today it has raised $12 million in a Series A round to advance its data labeling technology and spur global expansions. Among all the directions and industries, our focuses are [mainly] smart city and autonomous driving.” . The global data collection and labeling market size was valued at $1.6 Japan and Vietnam.
Tailor , a Japan-based back-end enterprise resource planning (ERP) platform, said today it has raised $4.3 million in seed funding from Y Combinator and Global Brain. The company says approximately 70% of the software industry spend in Japan goes to building customized products.
At that time, it had become quite apparent that China had emerged as the front line in the battle for dominance of the 21st century automotive industry. China surpassed Japan in 2023 to become the worlds largest exporter of vehicles, and surpassing this milestone represents an appropriate time to revisit this topic.
Monday brings with it not one, but two space SPACS — there’s Rocket Lab , and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation. NanoSatisfi Raises $1.2M
In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan. Instead of relying solely on strategic partners, his team visited Japan before ramping up to host events and engage directly with early adopters.
While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. Autify, a fully remote company, has 30 employees globally.
Back in 2021, the Japanese government said it would make it a top priority to reboot the local semiconductor industry, which was once a dominant force on the global market. Despite hosting more chip factories than an other country, Japan has fallen behind when it comes to mass-producing chips on. Read Entire Article
Any potential NAND shortages or price fluctuations could affect the PC market over the next few months, which had another big year in 2021 despite global chip shortages and demand for GPUs. Both Western Digital and Kioxia primarily supply SSD and eMMC storage drives for PCs, and Western Digital is one of the leading suppliers in the industry.
A ministry spokesperson highlighted that the semiconductor industry’s global nature and decades-long development have created an interconnected ecosystem. China’s Ministry of Commerce, in Chinese ]
UTEC currently has about $780 million in total assets under management, and says this makes it one of the largest venture capital funds focused on science and tech in Japan, and one of the largest deep-tech funds in Asia. I believe this will further help our startups expand to address the global issues of humankind.”.
When Masaya Aso worked on autonomous driving technology at Bosch in Japan and Germany, he realized that “many tasks were still manual as over 85% of warehouses have almost no automation at all.” billion by 2028 , accounting for about 40% of the global market size. In addition to the U.S.
As China’s domestic smart manufacturing industry enters a new stage of development, the demand for robots continues to rise. Credit: YOUIBOT About YOUIBOT YOUIBOT is a leading global provider of mobile robot solutions, applying high-precision Slam navigation mobile robots and application software systems.
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. The company aims to become a global platform with sales of USD 9.1
John Brisco, co-founder and chief executive officer of Coherent, told TechCrunch that the startup has worked with more than 30 insurers in 10 global markets during 2020. Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China.
million students in Korea and Japan. This investment is only the beginning of our journey in creating a new industry ecosystem and we will carry out this mission with global partnerships.” India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation.
Organizations across many industries believe their employees are more productive and efficient with AI tools such as chatbots and coding assistants at their side. Other standout AI apps focuse on specific industries. Numerous AI startups found traction offering such solutions during 2024. and the accompanying app, in September 2024.
According to eMarketer , Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. For the last few years, the two co-founders saw the growth of global aggregator giants, including Thrasio and Perch. It’s only a matter of time. New Vessel aims to help the U.S.-based market, Lee said.
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3 In March, Akros raised $3.75
The founders wanted to address the issue in the consumer finance industry in Japan and launched SmartBank. Existing investors, including Global Brain, and ANRI, also participated in the round. In Japan, banks do not offer joint accounts for couples.
The round comes from a number of investors including Japan Post Investment Corporation, Block (formerly known as Square), Greyhound Capital, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group, JAFCO Group, Mitsui Sumitomo Insurance Capital and others. . Kyash, a would-be challenger bank in Japan, raises $14M.
A cyberattack has forced Toyota to shut down its factories in Japan, forcing the automaker to lose about 13,000 cars of output, Reuters reports. Japan is backing the US and other Western allies that are seeking to impose harsh financial sanctions on Russia over its invasion of Ukraine. Photo by Amelia Holowaty Krales / The Verge.
Rakuten Symphony , the recently launched telco-focused arm of Japan’s Rakuten Group , today announced that it has acquired Robin.io , a startup that offers a Kubernetes platform optimized for storage solutions and complex network applications. The two companies did not disclose the price of the acquisition.
Showcasing the industry’s most innovative use of AI, this global event offers you the opportunity to learn from DataRobot data scientists—as well as AI pioneers from retailers like Shiseido Japan Co., AI Success Stories from Global Organizations. Learn why global skincare, makeup, and fragrance leader Shiseido Japan Co.,
While this is not a huge extension round, it’s still worth an extra look because it shows how these new strategic investors in the financial services industry are placing early bets on quantum computing and Classiq’s ability to make building quantum software easier. If I had to name two, it would be Japan and Germany.
For a while now, the industry has wondered as to when Chinese manufacturers will become serious players in the global memory industry, especially DRAM. While still small at 5%, Chinas share of the global memory chip market is growing, and market leaders SK Hynix, Samsung, and Micron should be worried.
While best known for its automotive components, NGK Spark Plug also manufacturers many other hardware components, including for semiconductor production equipment, cutting tools, medical equipment, industrial ceramics. “The selection of those areas is based on global trends and data.
Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.
Nreal , the well-funded Chinese AR headset maker that’s been making aggressive global expansion, said Thursday that it has raised $15 million from Korean sunglasses brand Gentle Monster ’s parent company, IICOMBINED. Japan, South Korea, Spain, and Germany. .” Japan, South Korea, Spain, and Germany. the company said.
With its ongoing expansion of overseas facilities, TSMC anticipates further subsidies from Japan this year, along with potential new subsidies from the US and Germany. billion in expanding its 28nm process manufacturing at the Nanjing facility, to meet a rising demand for automotive chips and the global chip shortage.
And the evidence comes today with the news that Xayn has now raised almost $12 million in Series A funding led by the Japanese investors Global Brain and KDDI (a Japanese telecommunications operator), with participation from previous backers, including the Earlybird VC in Berlin. Xayn’s total financing now comes to more than $23 million.
Aldagram , a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. State-backed Guangzhou Automobile Group (GAC), the parent company of OnTime and one of the largest automakers in China, led the round.
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