Haier Breaks Ground on New Washing Machine Factory in Thailand to Strengthen Global Manufacturing Network

Shareholder return policies of Samsung Electronics and SK hynix are gaining market attention ahead of their announcements for third-quarter earnings, as investors see them as a key way to address the mismatch between the chipmakers' record-breaking profits and their sluggish share prices. Samsung Electronics is set to announce its three-month financial results during its earnings call on Thursday, while SK hynix said it will announce its results on its earnings call on Wednesday. Earnings are expected to be exceptionally strong, as surging demand for memory chips and continued supply bottlenecks have driven up average selling prices across the memory chip market. In its earnings guidance released Oct. 8, Samsung Electronics estimated third-quarter revenue of 195 trillion won ($146.96 billion) and operating profit of 107.4 trillion won. If realized, the company will become the first Korean company to surpass 100 trillion won in quarterly operating profit. SK hynix is expected to post 98.23 trillion won in revenue and 76.96 trillion won in operating profit during the same period, according

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Most conferences are built the same way. A committee brainstorms a theme, a team chases speakers, a designer lays out a program, and everyone hopes the real value happens in the corridors. Three days in Dubai this October worked differently. The operating model was deliberately lean: two people shaping the ideas and running the room, […] The post Two part-timers and one AI orchestrator: Inside a Dubai conference on “The Breaking Point” — Part 1 appeared first on e27.

Most industrial CCTV cameras lead a thankless life. They record everything, are watched by almost no one, and only become important after something has gone wrong, when their footage turns into evidence rather than prevention. Singapore-based Ailytics has built a business on reversing that order. The vision AI startup has raised US$7.4 million in an […] The post Ailytics bags US$7.4M Series A to make old CCTV cameras earn their keep appeared first on e27.

Indonesia is losing its farmers. According to Statistics Indonesia (BPS), the number of farmers dropped from 31.7 million in 2013 to 29.3 million in 2023. That is a drop of about 7.5 per cent in ten years. Many of them moved to other jobs, such as construction work, factory work, or selling in the market, […] The post Youth brain drain: A hidden threat in Indonesia’s agriculture sector appeared first on e27.

Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...

Japan has industrial expertise and established corporate networks. Southeast Asia has startups building digital products for fast-changing markets. The opportunity lies in connecting these strengths, not simply exporting Japanese technology or selling into Southeast Asia. Japan’s next innovation challenge is about execution Japan has long been associated with advanced manufacturing, engineering excellence, and globally competitive […] The post Japan’s innovation problem is execution, and Southeast Asian startups are built for it appeared first on e27.

A running joke in Singapore’s startup circles holds that a founder’s net worth exists only in two places: the cap table and the LinkedIn bio. For most of Southeast Asia’s entrepreneurs, the joke still lands. IPO windows open and slam shut, trade sales are thin on the ground, and secondary sales have become the region’s […] The post Founders are buying gold, not Lamborghinis, after the exit appeared first on e27.

While few dispute that China is narrowing the gap with the United States in developing artificial intelligence (AI) models, there is one area where Chinese firms are already the undisputed leaders: video. China has seen a proliferation of advanced generative AI video models – systems trained on visual data to generate or edit video content based on user inputs such as text prompts, images and audio. The country’s vast short-video ecosystems and looser copyright rules have helped give Chinese...

Southeast Asia has a talent for making climate pledges sound like wedding vows: grand, emotional and frequently broken. Net-zero deadlines stretch to 2050 and beyond, yet coal still dominates several national grids, petrol motorbikes still choke the cities and mangroves still vanish faster than ministers can name them. Into that gap has stepped a scrappy […] The post Thirty climate tech startups in Southeast Asia that would rather build than pledge appeared first on e27.

Until this summer, the morning numbers at LDC Import-Export Co., Ltd. were built by hand. LDC is a Lao distribution and retail group. It started in Vientiane in 2011, distributing local and imported goods, and its retail arm now runs 39 convenience stores across seven provinces, including Jiffy shops on PTT fuel forecourts and its […] The post How a 39-store retail chain in Laos moved from Excel to AI agents appeared first on e27.

The iPhone Duo reportedly saw stronger-than-expected pre-orders in several major markets, prompting a significant increase in production orders.