A Singapore watchdog has initiated an investigation into Grab’s acquisition of Uber in the Southeast Asian market following claims it may have infringed competition rules. The ombudsman has subsequently imposed restrictions on the deal until the conclusion of its investigation.
A Chinese technology firm has confirmed that it has carried out the first manned trials of a new ‘drone taxi’ service in the country.
Japanese car manufacturing colossus Nissan has announced that it has embarked on an innovative project which will see it deploy its Nissan LEAF batteries in a Japanese town.
The Indian government has announced that it will develop a national program on AI after acknowledging that the emerging technology has been the potential to reshape and revolutionize the world as we know it. It has also been reported that India is looking to China for inspiration and will attempt to replicate its business model and strategic approach to Artificial Intelligence in order to become a global AI superpower.
New Zealand telecommunications firm Spark has formally announced that it is set to expand its rollout of Internet of Things in the country. In a statement issued to the press, Spark confirmed that its long-range, low-power network will be deployed for commercial use in 60% of the places where New Zealand residents live, work and play.
India’s smartphone market has reported an increase in growth as Chinese vendors continue to dominate the mobile manufacturing industry in the country. Growth in the Indian smartphone market stagnated in 2016, but it returned to strong growth in 2017 and was the best performer amongst the top-20 smartphone markets globally, according to the IDC.
Chinese multinational vendor ZTE has announced a partnership agreement with US chipmaker Qualcomm at Mobile World Congress which will see the companies combine resources and expertise in an effort to accelerate the development of the ‘connected car’.
Chinese search-engine colossus Baidu which is the country’s equivalent to Google has announced plans to invest $1.5bn in self-driving technology as part of its overall strategy to expand the ecosystem of its Apollo autonomous vehicle platform.
Chinese multinational telecommunications vendor ZTE has seen its innovative NB-IoT application recognized globally by being awarded the prestigious GLOMO award at Mobile World Congress 2018. It was ZTE’s ‘smart parking’ solution which won the Best Mobile Service for the Connected Life GLOMO 2018 at the industry trade show currently being hosted in Barcelona.
The world’s largest contract electronics manufacturer Foxconn has announced that it plans to invest the $4.3bn it raised from a listing of one of its units in Shanghai into ambitious and innovative AI, 5G and Internet of Things projects.