H.E.R.O.’s Journey in Tech (4 September 2018) – Delta Electronics cumulative LED streetlamp shipments reach over 600,000
September 4, 2018 Leave a comment
H.E.R.O.’s Journey in Tech (4 September 2018) – Delta Electronics cumulative LED streetlamp shipments reach over 600,000
Companies
- Shin-Etsu to boost silicone output by 50% as new rules and trade war hit China rivals; Japanese chemicals major to spend 110bn yen to disperse production (Nikkei)
- Tencent-Backed movie ticketing service Maoyan files for Hong Kong IPO (Technode)
- Chinese home improvement platform Tubatu heads for $200M HK IPO (KRA)
- JD CEO’s arrest steps on governance landmine (Reuters); Richard Liu, high-flying CEO of JD.com, has fostered ‘clean’ reputation (Reuters); JD goes into ride-hailing (Technode)
- ‘Made in China 2025’ companies slump as subsidies taper; Contemporary Amperex Technology Ltd. and BOE Technology Group — the world’s largest producers of automotive batteries and liquid crystal displays — reported sharply lower profit (Nikkei)
- Delta Electronics and GM want to speed up electric-car charging (DT); Delta Electronics cumulative LED streetlamp shipments reach over 600,000 (Digitimes)
BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung
- Alibaba Cloud to scale down US expansion efforts (Technode)
- Alibaba-Backed Souche Raises $578 Million in New Financing; The online car-trading service is valued at almost $3 billion; Souche is trying to build a software suite for car dealers (Bloomberg)
FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google
- In India, Google races to parry the rise of Facebook (Reuters)
- Amazon’s pricing tactic is a trap for buyers and sellers alike; The retailer’s behaviour parallels financial groups’ lending practices pre-2008 crash (FT)
Asia Tech & Innovation Trends
- A look at Toutiao’s $75b valuation: Warranted premium or overpriced stock? Is Toutiao’s $75b valuation justified or just a hype? (KRA)
- South Korea allots first money from $9bn start-up fund: Seoul aims to boost growth areas including drone tech and AI to stay competitive (FT)
- Berkshire Hathaway’s Deal With Paytm Is A Game Changer For India’s E-Commerce (Forbes)
Global Tech & Innovation Trends
- The Risk of a Vicious Funding Circle in Fintech; High hopes and valuations have a habit of bumping into reality. (Bloomberg)
- PayPal disrupts $2.5b gift card market with digital shopfront (AFR)
Life
- John Malone: ‘I told Warren Buffett not to invest in Bill Gates before Microsoft went public’ (Telegraph)
Bamboo Innovator 