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Category: Asia

South Korea aims for startup gold

1518979704 pyeongchang skyline silhouette in colorful geometric style south vector id908262930 1 150x150 - South Korea aims for startup gold

Back in 2011, when South Korea won its longshot bid to host the 2018 Winter Olympics, the country wasn’t widely recognized as a destination for ski and snow lovers. It wasn’t considered much of a tech startup hub either. Fast forward seven years and a lot has changed. For the next 10 days, the eyes […]

India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra

1518768805 zoomcar 150x150 - India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra

India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Ford and other existing investors also took part in the round, Zoomcar confirmed. CEO and co-founder Greg Moran added that the round is still […]

Sony now has a Koov robotics learning kit for US classrooms

1518628926 screen shot 2018 02 14 at 6 00 08 pm 150x150 - Sony now has a Koov robotics learning kit for US classrooms

After soft-launching a blocks-based educational robotics kit in the US last summer to gauge local interest, Sony has judged the reception for its Koov kit warm enough to fire a fully fledged educator offering into the US market. The Koov Educator Kid goes up for pre-order today, with an estimated shipping date of March 25. The $520 […]

HTC’s smartphone chief and ex-CFO, Chialin Chang, resigns

1517292771 gettyimages 647056672 150x150 - HTC’s smartphone chief and ex-CFO, Chialin Chang, resigns

HTC’s smartphone and connected devices president and former CFO, Chialin Chang, has resigned. The move, spotted earlier by Engadget, was announced today and is effective immediately. Chang joined the company in 2012 as CFO. He also previously ran HTC’s global sales business. Before eventually becoming president of smartphones and connected devices in 2016. HTC’s investor […]

Vynn Capital plans maiden $40M startup fund for Southeast Asia

1516862141 southeast asia map 150x150 - Vynn Capital plans maiden $40M startup fund for Southeast Asia

Southeast Asia has a new venture capital fund on the scene after Victor Chua, formerly a vice president at Gobi Ventures, launched Vynn Capital. The Kuala Lumpur-headquartered venture is founded by Chua and Singaporean Darren Chau, previously with IE Singapore, and it is targeting a $40 million total close. Chua declined to say how far advanced the […]

Foxconn is working with RED to make cheaper and smaller 8K cameras

1518481563 red camera 150x150 - Foxconn is working with RED to make cheaper and smaller 8K cameras

Foxconn, AKA Hon Hai Precision Industry, AKA the company that made your iPhone, is working with digital cinema pioneer RED to create affordable 8K cameras, the company announced. Chairman Terry Gou told reporters in Taipei, the Nikkei’s among them, that the goal is to reduce both the price and the size of such camera systems […]

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