H.E.R.O.’s Journey in Tech (30 April 2018) – Mega-producer of 3-D chips will have pricing power; Ferrotec Holdings is building a plant for semiconductor wafers in the city of Hangzhou + An Unconventional Take On Success

Companies

  • Memory chip market set for a tumble as China moves in; Mega-producer of 3-D chips will have pricing power; Ferrotec Holdings is building a plant for semiconductor wafers in the city of Hangzhou, but was courted by “city governments all around” while planning the facility (Nikkei)
  • Online retailer JD.com buys 10pc stake in China’s second-largest logistics operator for US$114.55 million (SCMP)
  • Xiaomi’s blockbuster IPO risks leaving Hong Kong’s financial system with a cash crunch (SCMP)
  • Sprint sale sharpens SoftBank’s vision (Reuters)
  • Samsung to Simplify Ownership Structure, Loosening the Lee Family’s Ties; Conglomerate is unwinding affiliate stakes in the de facto holding company, an example of the circular shareholding that has made for opaque ownership (WSJ)

BAT – Baidu, Alibaba, Tencent

  • China’s Baidu to sell majority of financial services unit for $1.9 billion (Reuters)

Asia Tech & Innovation Trends

  • With $1.9 Billion Investment, Former Baidu Unit Challenges Fintech Rivals; TPG and Carlyle Group led investment into the new firm, Du Xiaoman Financial (WSJ)
  • Why Can’t China Make Semiconductors? (Bloomberg)

Rogue Tech

  • DeClout chairman receives ‘disturbing’ Whatsapp message ahead of Apr 30 AGM (BT); 3 irate shareholders to take on DeClout at AGM (BT)
  • Lebara’s sale of a Tamil Netflix: what just happened? (FT)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • How Google’s Waze crowdsourced traffic data to save lives across Europe (TNW)

Global Tech & Innovation Trends

  • Farfetch’s Farfetched Valuation; It’s hard to see how the company’s business model can be all that capital light. (Bloomberg)
  • Adidas and Nike Have a New Rival on the Soccer Pitch; SoftBank-backed Fanatics’ deal with Aston Villa has the potential to disrupt the football kit market. (Bloomberg)
  • The Pentagon Could Get Self-Driving Vehicles First (Bloomberg)
  • This Swiss CEO Is Sounding the Alarm on Apple: Frederique Constant’s Peter Stas details why the Swiss watch industry is heading for trouble-and can’t ignore smartwatches any longer. (Bloomberg)

Life

  • Startup Lessons from Snapchat CEO Evan Spiegel (An Interview) (EHB)
  • An Unconventional Take On Success (Forbes)
  • Happiness Expert Gretchen Rubin on Why a Happy Life Starts with Knowing Who You Are: “You can build a happy life, but only on the foundation of your own nature, your own values, and your own interests.” (Heleo)

Leave a Reply

Your email address will not be published. Required fields are marked *