This Week in Asia #2: Echoes of Asian Tech at CES 2024

This Week in Asia #2: Echoes of Asian Tech at CES 2024
Here are the key stories for week 2 in 2024 with the key announcements in CES 2024, China & US relations with the conclusion of the Taiwan presidential election 2024 and Silicon Box & EFishery making a dent in the Southeast Asia ecosystem.

For week 2, we don't have a central story this week but we have a major event where all the hardware manufacturers and AI startups are heading to CES 2024 in Las Vegas, and we share the key stories that we are reading that dominate the headlines of Asia across the week.

CES 2024 [Overview: Verge, CNET and Engadget]



  • Lai leads DPP to historic third term in Taiwan by Chen Yun, Lin Hsin-han and Huang Ching-hsuan from Taipei Times. Our Take: We expect at least another few years of China being not happy with the current Taiwanese government. Nevertheless, this is the first consequential election in 2024. It will set the stage for China and US relations. We hope that they start talking and stop threatening each other so that they don't sleepwalking into war.


Southeast Asia

  • Singapore semiconductor startup Silicon Box raises US$200 million to hit US$1 billion valuation by Claudia Chong, Business Times. Our Take: Singapore is leading the deep tech race in the region, where semiconductors are one of the key areas in which they dominate the rest of Southeast Asia. It is important to note that Silicon Box calls itself an advanced chiplet interconnection company specialising in cutting-edge semiconductor integration services.
  • EFishery takes on global aquaculture in a balancing act by Jofie Yordan from Tech in Asia (now under SPH Media). Our Take: EFishery, an Indonesian startup looks to expand beyond its shores and India is the first market. Will this spur copycats in India or EFishery show that they are capable of expanding to another market? That is the question.

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