Tech
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AI surge sparks semiconductor facility expansion in South Korea
South Korea’s semiconductor industry is experiencing a significant investment surge, driven by the explosive demand for artificial intelligence chips and bolstered by strong government support.
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Brazil opens door to Chinese AI investment while avoiding Belt and Road
Brazil and China have unveiled plans for a joint artificial intelligence research facility targeting agricultural development, in a significant expansion of technological cooperation between the two emerging powers.
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China overtakes US to become world’s R&D research leader on the back Trump’s academic research cuts
China’s lead over the United States in global scientific output has leapt, as new data shows that the gap between the two powers has more than quadrupled in the space of a year, according to Nature’s 2025 index of research papers leaders.
Turkey telecommunications investment surges 80% to TRY94.1bn
Turkey's electronic communications companies increased sector investment by 80% to TRY94.1bn ($2.36bn) compared to 2023.
Where startups are born, global firms grow and capital flows — Asia in 2025
From 2017 to 2023, private equity and venture capital assets under management in Asia surged by 130%, significantly outpacing growth in Western markets.
UAE aviation authority issues world's first hybrid operations regulations for flying taxis
Framework enables electric vertical take-off and landing aircraft and traditional helicopters to operate on the same infrastructure.
Iran expert warns filtering policies enable espionage VPN proliferation
An Iranian communications expert has warned that the country's internet filtering policies have inadvertently led millions of users to install VPN applications that may serve as espionage tools for foreign intelligence services.
Uzbek venture capital outfit IT Park Ventures enters into strategic partnership with Startup Garage
Companies link up to expand potential in turning bold ideas into smart business.
North Macedonia's streaming platform Gley launches IPO on Skopje stock exchange
Funds raised to be directed toward original content production and expanding Gley’s catalogue of children’s and international programming.
Crypto token launched in Kyrgyzstan by Moldovan oligarch facilitates sanctions-dodging billions for Russia, says report
“A7A5” said to be first stablecoin pegged to ruble. Russian defence sector bank also behind it.
TikTok access reportedly restored in Albania three months after ban
No formal announcement of end to year-long TikTok ban but users across the country report full access to the platform.
Azerbaijan’s fintech sector posts growth as digital payments expand and regulatory reforms intensify
By April 2025, the monthly volume of cashless transactions using payment cards approached AZN10bn.
Iranian hacker group reportedly behind Albania cyber attack
Iranian hacker group Homeland Justice has repeatedly threatened Albania which hosts the Iranian opposition group Mujahideen-e-Khalq.
INTERVIEW: Uzum the Uzbek unicorn scaling up in a fast-growing market
Uzum is Uzbekistan’s first ever tech unicorn and leading the pack as the country is being transformed into Central Asia’s tech hub.
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Huawei and ByteDance plan significant Brazil tech investments amid US-China rivalry
Chinese technology major Huawei Technologies and TikTok owner ByteDance are preparing substantial investments in Brazil's cloud infrastructure and artificial intelligence sectors.
Croatia’s Hrvatski Telekom launches 5G smart airport project to handle rising tourist traffic
Passenger numbers are rising, with Zagreb alone handling over 4.3mn people in 2024, increasing the need for smart, connected infrastructure, Croatian telco said.
Asia's role as a global data centre hub is driving economic growth across the region
Microsoft and Google recently announced multi-billion dollar investments to expand their existing facilities in Singapore, incorporating AI-ready infrastructure and renewable energy commitments.
Iran cryptocurrency exchange loses $81mn in hacker attack
Iran's largest cryptocurrency exchange Nobitex has suffered a cyberattack resulting in losses exceeding $81.7mn, with the hacker group Predatory Sparrow claiming responsibility.
How Turkey became a fintech operator in Spain and Pakistan by seizing unicorn enterprise Papara
State trustee appointed to Turkish firm that owns Madrid-based neobank Rebellion Pay and reportedly took over Pakistani operator SadaPay.
EU taps Bulgarian drone startup Dronamics for up to €30mn investment
Dronamics has become one of the most high-profile EU-based aerospace startups.