Foxconn Industrial Internet proposes Rs 8,800-crore investment in Karnataka
Foxconn Industrial Internet (Fii) has expressed its interest to invest Rs 8,800 crore in Karnataka, which is expected to create 14,000 job opportunities. This is the second investment proposal made by Foxconn and its subsidiaries this year. In March, Foxconn decided to invest around Rs 8,000 crore for a phone manufacturing plant at the Information […]
Japan and EU Agree on Subsea Cable Development
Japan and the European Union signed a Memoranda of Cooperation to advance connectivity, including the development of subsea cables in the Arctic. Once established, the operation of the subsea cables is slated for 2026. Subsidiaries of Japanese trading corporation Marubeni and Finnish state-owned companies are expected to participate in the project. Currently 1.4 million kilometers […]
APAC Data Centers Witness Robust Growth As Singapore, Tokyo, And Sydney Lead The Charge
The data center inventory in the Asia-Pacific region is experiencing strong growth, particularly in Singapore, Tokyo and Sydney where each location now boasts over half a gigawatt (GW) of live power capacity. According to CBRE’s Global Data Center Trends 2023, the strong demand is seen through the decline in vacancy rates. Singapore, which is the […]
Megaworld Commits Significant Investment to Data Science and Artificial Intelligence
Megaworld Corporation, a property company, has unveiled plans to establish a data science laboratory in the Philippines. Known as the Township Analytics and Technology Lab (TAT Lab), this innovative initiative aims to leverage data science and artificial intelligence (AI) to propel the development of future-ready townships nationwide. Nestled within Megaworld’s expansive 50-hectare McKinley Hill township, […]