For Asian tech companies, the battleground of them has expanded into the lifestyle sector. They are scrambling to capture grocery shoppers of all ages. It is noticeable that a new business model that’s getting a lot of funding is that of Nice Tuan, the so-called community group buying. Thus, tech companies are clearly aggressive about online grocery and are diversifying their portfolios to secure market shares.
Read MoreWith a growing number of automakers determined to reduce waste in the EV battery market, some tech companies have big plans to recycle batteries. Thus, many believe that these companies have a large potential to expand their business and supply battery materials sustainably by partnering with EV players.
Read MoreAsia is looking into inexhaustible and repeatable alternative energy sources such as solar, wind, and hydro. Renewable power technologies offer substantial opportunities for future cost reductions as the market matures. Factors such as increasing power demand and investment in renewable energy in countries of the region are expected to drive the market.
Read MoreChina is integrating digital technologies into energy management. Digital transformation can enable Chinese energy companies to embrace valuable opportunities along with the big changes happening in this industry. Digital tools like asset management systems and big data are playing key roles and bringing tangible benefits to this transformation process.
Read MoreNot only Xiaomi and ByteDance but also many other Chinese technology giants are stepping up efforts to design their own chips. For tech companies like Baidu and Alibaba, they are doing cutting-edge work in cloud computing and artificial intelligence, a self-designed chip can cater to specific internal needs better than a chip purchased from another maker.
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