Texas Instruments to Expand Manufacturing Operations in Malaysia with New Assembly and Test Factories
Texas Instruments, a leading chipmaker, has announced its plans to expand its manufacturing operations in Malaysia with the establishment of two new assembly and test factories. The company intends to invest up to RM14.6 billion in these facilities, further solidifying its presence in the country. The first expansion involves the construction of a new facility adjacent to Texas Instruments’ existing assembly and test factory in...
Kaspersky Highlights the Need for Cyber Resilience in the Face of Increasingly Sophisticated Threats
In today’s digital-first era, digital businesses and hybrid work environments have become the norm, bringing with them increasingly sophisticated threat vectors. According to a recent IDC Analyst Brief sponsored by Kaspersky, over half (52.6%) of Asia/Pacific businesses prioritize transforming their networks to support a distributed workforce and hybrid cloud environments. However, the region has also witnessed a rise in...
VMware Introduces Comprehensive DEX Solution to Optimize Employee Experiences
As the importance of exceptional employee experiences continues to grow, organizations are increasingly turning to Digital Employee Experience (DEX) technology. This technology not only enables companies to provide great employee experiences but also empowers IT teams to work more efficiently, resulting in tangible cost savings. Recognizing the need for a unified approach in the fragmented DEX solutions landscape, VMware, Inc. (NYSE:...
Monetary Authority of Singapore Launches Global FinTech Hackcelerator Focused on Artificial Intelligence in Finance
The Monetary Authority of Singapore (MAS) has announced the launch of the 8th edition of the Global FinTech Hackcelerator, titled “Artificial Intelligence (AI) in Finance Global Challenge.” The competition aims to generate innovative and market-ready AI solutions that can transform the financial services industry. The event is conducted in partnership with AI Singapore (AISG) and powered by Oliver Wyman. Participants from...
NEXTDC Enters Malaysian Market with State-of-the-Art Data Centre in Kuala Lumpur
NEXTDC Limited, Australia’s leading data centre as a service provider, has announced its entry into the Malaysian market with its first data centre development in Kuala Lumpur. The new data centre, named KL1, will be a world-class facility located in the heart of the Klang Valley metropolitan region. It is strategically positioned in Petaling Jaya, less than 10km from Kuala Lumpur, with easy access to major network and business...
Equinix Announces First Data Center in Kuala Lumpur to Support Malaysia’s Digital Economy
Equinix, Inc., a leading global provider of digital infrastructure solutions, has revealed its plans to establish its first data center in Kuala Lumpur, Malaysia, in the first quarter of 2024. This expansion follows Equinix’s previous announcement of a data center in Johor, demonstrating the company’s commitment to investing in Malaysia as it emerges as a strategic regional hub for digital interconnection. The decision to...
TikTok Aims to Boost E-commerce Operations with Target of RM92 Billion in Sales
ByteDance-owned TikTok is planning to significantly expand its global e-commerce operations and aims to achieve merchandise sales worth up to US$20 billion (RM92 billion) this year, according to sources familiar with the matter, as reported by Bloomberg News. This ambitious target is a substantial increase from last year’s gross merchandise value of US$4.4 billion (RM20.2 billion), which represents the total value of goods sold...
Komark International Collaborates with AntChain to Enhance Product Traceability with Blockchain Technology
Komark International (M) Sdn Bhd, a renowned pioneer in premium label packaging and a wholly owned subsidiary of Komarkcorp Bhd, has entered into a memorandum of understanding (MoU) with AntChain, a leading brand of Ant Group Digital Technologies, a global powerhouse specializing in blockchain, privacy computing, and security technologies. Blockchain technology, a decentralized and distributed ledger system, offers secure,...
BNM Appoints Datuk Abdul Rasheed as Governor, Continuing Commitment to Stability and Growth
In a significant announcement today, Bank Negara Malaysia (BNM) revealed that Datuk Shaik Abdul Rasheed bin Abdul Ghaffour has been appointed as the Governor for a five-year term, effective from July 1, 2023, to June 30, 2028. This appointment comes following the consent of the Yang di-Pertuan Agong, Malaysia’s monarch. Datuk Abdul Rasheed will assume the role of Governor from Tan Sri Nor Shamsiah Mohd Yunus, who will be...
Exploring Children’s Digital World: Top Trends, Cartoons, Games, and More!
A study conducted by Kaspersky Safe Kids has revealed the most popular children’s interests in the online world between May 2022 and April 2023. The analysis was based on anonymized data voluntarily provided by Kaspersky Safe Kids users, including search queries, popular Android applications, and website categories. The study found that Miraculous: Tales of Ladybug & Cat Noir and MSA (previously My Story Animated) were the...
