Enterprise
Google vows support for Asian startups in 2022
Google for Startups Accelerator programs and more
After a record year for venture funding across the Asia Pacific, Google for Startups is keen on working with all relevant stakeholders in the startup community in the region.
This includes working with venture capital firms, startup founders, and even governments as Google for Startups is launching Accelerator programs in 2022 in India, Korea, Japan, and Southeast Asia.
This will provide support and mentorship for growing startups. Likewise, the new Startup Academy Program which has just launched in Indonesia will coach early-stage startups.
Google is also partnering with different sectors through initiatives like Women Founders Academy, Project Hatcher (Taiwan), and Startups & FinTechs programme with Cyberport (Hong Kong).
Overall, these projects aim at helping digital economies grow further while moving technology forward.
Moving with startups’ trends
As of April 2021, almost 200 startups valued at US$ 1 billion or more are based in the Asia Pacific, second only to the United States (290) and ahead of Europe (69).
These include Grab which is popular in Southeast Asia and Japan’s CogSmart which focuses on dementia prevention.
And with the on-going COVID-19 situation, Google has estimated that about 60 million people across the region have become digital consumers – using at least one online service since the pandemic started.
The situation also paved the way for even more startups, like India’s Zyla health technology company and BrainSightAi, Indonesia’s Kata.ai, Singapore’s Shoplinks, and the Philippines’ Advance.
Given the current trends, Google is promising Asian startups that the tech giant is providing all the necessary opportunities needed to grow and utilize technology for the region and beyond.
Enterprise
Global Connect Show Shenzhen empowers Chinese enterprises
Opportune time for new Chinese enterprises to go global
The Global Connect Show Shenzhen 2026Â (GCS SZ 2026) was successfully held on June 1 at China’s innovation hub.
More than 100 Chinese enterprises joined the event, encouraged to expand into international markets.
The program focused on three core pillars:
- Chinese brand going global
- Global channel connection
- Dedicated “Into the Enterprise” series
China has developed a new generation of internationally competitive companies across various sectors, including:
- consumer electronics
- smart hardware
- artificial intelligence
- robotics
As these companies enter a new phase of going global, demand is growing for global communications, brand building, market trust, and localized business networks.
As such, the Global Connect Show is one of the platforms to be able to strengthen the relationship across enterprises, partners, business associations, and even media and influencers.
It is a significant window for innovative brands to enter global retail channels by building compelling brand narratives and developing strong localized operations.
This year’s GCS is the third staging of the show, which consistently aims to match Chinese brands with partners through a results-first approach. Such an approach includes hands-on product experiences, presentations, and one-on-one meetings.
Enterprise
New US-China ban might affect 75% of phones, laptops
Companies can no longer use Chinese labs to test their products.
The United States is continuing its crusade against Chinese technology today. However, the target now isn’t a company from China but a method important to a lot of non-Chinese brands.
Today, via Reuters, the Federal Communications Commission (or FCC) has unanimously voted to prohibit companies from using Chinese labs to test their electronic devices if they are to be sold for use in the United States. Naturally, this includes smartphones and computers.
Notably, the prohibition doesn’t directly target Chinese brands. However, it will still affect a huge swath of the industry. The FCC estimates that around 75 percent of the entire market are devices tested in labs based in China.
This means that companies who wish to sell future products in the country must move their testing to labs in the United States or other countries that it deems secure. At its current iteration, the prohibition will not affect devices that already earned their certification prior. However, it might prevent them from getting recertified once their current one expires.
Now, the prohibition isn’t an absolute lock just yet. The FCC will allow the industry to submit comments about the proposal. But, with a unanimous vote from the FCC, companies might have to start looking for alternative testing sites if they want to stay operation in the United States.
Enterprise
OnePlus has reportedly merged with realme
Both brands were previously rumored for restructuring early this year.
OnePlus has a problem. For a while now, rumors have swirled about the company’s dissolution. For their part, the company has continued to deny the reports, citing business as usual. Likely to their dismay, the reports just keep coming. Today, sources have hinted that OnePlus has merged with realme.
Back in January, it was rumored that OnePlus would be closing up shop this year. Since the company very quickly denied the rumors, the report hardly made waves. However, a suspected merger with realme is more difficult to debunk.
For one, realme is itself in a very interesting position. Also back in January, realme was reportedly moving back into being a sub-brand of OPPO. Coupled together with the OnePlus debacle, all this internal restructuring seems par for the course.
According to Digital Chat Station on Weibo, OnePlus and realme have already concluded the merger. The two brands have reportedly united their Chinese and international operations under one roof. Likewise, their marketing will be the same. Pete Lau will still be the main head for this new division.
As with anything of this nature, take this with a grain of salt. OPPO, OnePlus, and realme have not issued any official statements concerning a merger or a shutdown for any brand.
SEE ALSO: realme is reportedly going back to being an OPPO sub-brand
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