Southeast Asia

US, China Firms Vie For Slice of ASEAN Data Centre Market – ST

 

Chinese and US tech firms are jostling to grab a slice of the market for data centres – the backbone that powers everything digital, from apps and streaming content to online services – in ASEAN, The Straits Times reported.

From Google, Amazon and Microsoft to Alibaba and Tencent, US and Chinese tech companies have set up or are in the process of building data centres in countries including Malaysia and Indonesia, with US firms dominating a majority of the more than 55 foreign-owned data centres in Singapore, the report said, citing the Asean Investment Report released last September by the ASEAN Secretariat and the United Nations Conference on Trade and Development.

 

Read the full report: The Straits Times.

 

 

 

 

ALSO READ:

 

SC Capital Partners to Develop Asian Data Centres

 

Singapore’s GIC to Invest $525m in 2 Korea Data Centres

 

Chinese Province To Move Data Centres Under The Sea

 

 

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

Recent Posts

Mayors of Big Global Cities Calling for Urban Climate Finance

Officials from some of the world's biggest cities are in Washington to lobby for better…

13 hours ago

Trade War Heating Up: China Hits Back After Biden Boosts Tariffs

China announces "anti-dumping penalties" on imports of a US chemical and orders Apple to cut…

17 hours ago

Wall St ‘Steered Billions Into Blacklisted China Firms’ – Nikkei

Chinese companies invested in included the Aviation Industry Corp of China, a defence conglomerate that…

19 hours ago

China Orders Apple to Cut WhatsApp, Threads from App Store

US tech giant said Beijing ordered it to cut the messaging apps because of national…

20 hours ago

Nikkei Slumps, Hang Seng Dips as Middle East Fears Grip

Israel’s missile attack on Iran sent investors heading for safe-haven currencies, gold and crude oil

21 hours ago

Study Shows Half of China’s Big Cities Sinking, Rising Seas Risk

Multi-year satellite study finds 45% of big Chinese cities are subsiding over 3mm a year,…

21 hours ago