23 July 2025

“AI tailwinds are driving strong demand across both advanced packaging [AP] and mainstream businesses, and we achieved better-than-expected bookings for the first half of 2025,” CEO Robin Ng said on Wednesday, as the company reported its interim financial results. ASMPT, a global supplier of equipment and software used in the semiconductor and electronics manufacturing sectors, […]

Amazon Web Services (AWS) has joined its US peers Microsoft and IBM in downsizing artificial intelligence research activities in mainland China amid ongoing geopolitical tensions. The company has decided to close its seven-year-old AI Shanghai Lablet due to “China-US strategic realignment”, according to Wang Minjie, the facility’s chief applied scientist, in an announcement posted on

Taobao, China’s largest online shopping app owned by Alibaba Group Holding, is seeing rapid user growth in Thailand, as the platform expands its international presence in search of new growth opportunities. Just over a month after the launch of a localised version of Taobao, the number of new Thai users on the platform surged 60

Companies are eager to explore the advantages of stablecoins as the world shifts rapidly towards instantaneous payments, clearing and settlements, but they want greater clarity on regulations and use cases, according to a senior Citigroup banker. The observation came amid the US bank’s effort to offer technology-enhanced services and its statement that it was looking