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Asia Tech News Monthly, June 2024
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Cyber attacks in Asia-Pacific in Q1 2024

Asia’s Tech News

in June 2024

Technology news across Southeast Asia and the Indo-Pacific regions in June 2024 spanned a huge range of technologies and applications, successes and challenges, implementations and concerns.

In June 2024, headlines across Asia’s technology spaces captured, for instance: China’s moves towards a 3rd satellite mega-constellation of 10,000 sats; Australia’s SME-focused AI Adopt Program; Adani Group in India moves into e-commerce and digital payments; a $7.8 billion semiconductor manufacturing facility for Singapore; Japan’s targeting of leadership role in software-defined vehicles; and many more, each of which can be found via the country index links below.

And don’t miss: Critical technologies, globally,  in June >

For a one-shot weekly overview of Asia-Pac and Indo-Pac tech news, check our weekly newsletters on Substack and LinkedIn.

Deloitte: Generative AI in Australia

Deloitte: Generative AI in Australia

Australian tech news: June 2024

  • Samsara Eco raises $100M Series A with enzyme-based plastic recycling, with sights on a new commercial facility in SE Asia
  • Australia’s Space Machines Company inks Launch Service Agreement with NewSpace India, government company under Indian Space Research Organisation, for SMC’s next sat launch…

Australia in June 2024 >

2024 Digital News Report Australia

2024 Digital News Report Australia

Cambodia snapshot: June 2024

  • ERIA and Institute of Tech of Cambodia ink MoU on digital innovation and sustainable development in SE Asia, including goal of establishing ASEAN Technology University Network…

Cambodia in June 2024 >

Emerging Tech Trends

JPMorgan Chase: Emerging Tech Trends (direct pdf link)

China’s tech news: June 2024

  • First 18 satellites commencing build-out of China’s G60 Starlink mega-constellation of over 12,000 satellites is set for August 5th
  • China’s ByteDance, parent firm of TikTok, is now working with chips firm, Broadcom, on a restrictions-compliant 5 nanometer AI-focused processor design…

China in June 2024 >

China's APT40 cybercrime in Australia

APT40 Advisory – PRC MSS tradecraft in action

HONG KONG tech: June 2024

  • City University of Hong Kong unveils 10 startup winners from the recent HK Tech 300 Southeast Asia Start-up Competition’
  • Hong Kong Legislative Council rolls out Subcommittee on Web3 and Virtual Asset Development to boost digital assets industry, inviting input on policy…

Hong Kong in June 2024 >

Hong Kong FinTech Week 2024

Hong Kong FinTech Week 2024 / Oct 28 – Nov 1

India tech news: June 2024

  • ‘A growth agenda for India-Australia economic ties’, a short piece that touches also on blockchain, digital payments and, of course, geopolitics
  • Startup Ecosystem Pulse Report, SEA and India edition, is available now, drawing on survey of 600 across Singapore, India, Indonesia and The Philippines…

India in June 2024 >

PwC India on Fintech

PwC India: Fintech – Powering India’s USD 5 Trillion Economy (pdf link)

Indonesia tech news: June 2024

  • Telkom Indonesia’s international arm, Telin, inks MoU with Singtel for new subsea system connecting Singapore and Indonesia, operating under newly-formed consortium
  • Indonesia’s national data center hit by ransomware, disrupting a number of public services; hackers demanded $8M ransom, which government has refused to pay…

Indonesia in June 2024 >

Payments Megatrends Asia Pacific 2024

Payments Megatrends Asia Pacific 2024

Japan’s tech news: June 2024

  • Synspective satellite startup inks agreement with Rocket Lab USA to launch 10 satellites by 2027 in move towards a constellation to enable near-real-time global observation
  • National Institute of Advanced Industrial Science & Tech and IBM partner to develop quantum computer with 10,000 qubits, 75 times more than current quantum computers run with…

Japan in June 2024 >

Indo-Pacific podcast

Podcast: Why should we care about the Indo-Pacific?

South Korean tech: June 2024

  • South Korea’s Innospace secures contracts for $1.5M from Italy’s CShark and Thailand’s EOS ORBIT to place satellites into orbit
  • SK Telecom and 6 partners including Nokia unveil X Quantum alliance, aiming to grow the quantum ecosystem via joint marketing and opportunity exploration…

South Korea in June 2024 >

UK Parliament: What is the metaverse?

UK Gov’t: What is the metaverse and what impacts will it have for society?

Malaysian tech news: June 2024

  • Malaysia unveils $5.3 billion National Semiconductor Strategy, a 3-phase plan to strengthen the country’s position in semiconductor related technologies and supply chains
  • ‘Silicon Malaysia Map’ from Malaysia Semiconductor Industry Ass’n, an at-a-glance outline of the nation’s key industry participants…

Malaysia in June 2024 >

2024 Cybersecurity Asia Conference

2024 Cybersecurity Asia Conference – Kuala Lumpur, October

New Zealand tech: June 2024

  • New Zealand: AgriFutures growAG, Australian agri-tech innovation platform, to launch in New Zealand, seeing global opportunities in NZ’s agriculture-focused tech space…

New Zealand in June 2024 >

The Rugby DAO

The Rugby DAO – immersive fan experiences & Web3 gaming

Philippines snapshot: June 2024

  • Batangas City and Prime Infra unveil 64-megawatt solar plant, adding to electricity mix for up to 80,000 households
  • US firm Intelsat becomes first foreign firm to provide infra support to mobile network operators, telecom carriers and ISPs…

The Philippines in June 2024 >

2024 Chainalysis Crypto Crime Report

Chainalysis: 2024 Crypto Crime Report

Singapore tech news: June 2024

  • Nium raises new round of $50M with real-time cross-border payments, focusing on the business-to-business market
  • NXP Semiconductors and TSMC subsidiary to build $7.8 billion chip wafer plant in the city-state, with production set for 2027…

Singapore in June 2024 >

Singapore FinTech Festival 2024

Singapore FinTech Festival – November 2024

Taiwanese tech: June 2024

  • Taiwan: Foxconn unveils plans for advanced computing center in Kaohsiung, partnering NVIDIA for platforms and processing
  • Taiwan: Startup Terrace Kaohsiung rolls out 2024 Soft-Landing Program for global startups and tech firms…

Taiwan in June 2024 >

SEMICON Taiwan 2024

SEMICON Taiwan Conference & Expo / September

Thailand snapshot: June 2024

  • Thailand: China’s GalaxySpace satellite maker establishes first overseas ground test station for low Earth orbit services at Mahanakorn University
  • Thailand’s GMM Music, publishing unit of Thailand’s biggest media/entertainment entity, partners China’s Tencent Music in $70M share purchase deal, with Tencent taking 10% ownership…

Thailand in June 2024 >

Asia Blockchain Summit 2024

Asia Blockchain Summit 2024 / Taiwan, August 6-8

Vietnam snapshot: June 2024

  • Government moves to boost use of VN domain in bid to stimulate industry growth locally and boost overseas presence in digital fields…

Vietnam in June 2024 >

June 2024 - Critical technologies

June 2024: Critical technologies, globally

critical Technologies: June 2024

  • Break-up of defunct Russian satellite creates orbital debris cloud, forcing ISS astronauts to shelter in docked spacecraft
  • US-based Virtus Solis looks to build first space-based solar farm, transmitting electricity across the planet at any time and possibly using SpaceX Starship for construction
  • China: Landspace commercial rocket firm partner files documents for Honghu-3, a constellation of 10,000 satellites spanning 160 orbital planes, China’s third of this size…

Critical and emerging technologies – June 2024 >

Critical technologies in May 2024

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