Thanksgiving Edition
Happy Thanksgiving! This week's #techAsia newsletter brings you the latest news and trends from the tech world, with a special focus on the impact of the incoming Trump administration.
Tech executives, investors, and analysts are trying to assess the potential impact of the Trump administration on the tech industry.
Trump's threats of tariffs and anti-China measures have already caused panic in the tech supply chain and stock markets.
The Department of Commerce is rushing to finalize large CHIPS Act deals before Trump takes office.
Intel received a $7.86 billion grant, $600 million less than initially agreed upon, raising questions about the government's confidence in Intel's foundry venture.
The Indonesian government rejected Apple's $100 million investment plan, citing insufficient contributions compared to other smartphone brands with manufacturing facilities in the country.
This raises questions about Apple's reluctance to manufacture in Indonesia and its future in Southeast Asia's largest market.
Huawei launched its first flagship phone with a fully homegrown operating system, HarmonyOS Next, in a sign of the technology world's split into competing U.S. and Chinese ecosystems.
This move demonstrates Huawei's resilience despite U.S. sanctions, which have instead cemented its status as a technological powerhouse.
Tech companies are preparing for more tariffs as Trump vows to impose additional trade restrictions against China.
Some companies, like Microsoft, HP, and Dell, are rushing to stockpile components before January.
China is expected to export a record amount of goods this year, driven by American clients rushing to avoid the tariffs.
The energy-hungry tech sector is facing energy bottlenecks, particularly in the production of rare earths, critical minerals used in various technologies.
Australian rare earths producer Lynas highlights the need for low-cost, reliable power to advance processing and reduce reliance on China, which dominates the refining market.
This week's episode features an interview with Taipei tech correspondent Lauly Li about China's rise as a solar power king and the U.S. response.
Infosys chair bets companies will develop their own AI models (FT)
SoftBank to boost OpenAI stake with up to $1.5bn investment (FT)
Apple hits hurdles in China with AI rollout for iPhones (FT)
Foreign tech startups compete to help Vietnam go green (Nikkei Asia)
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