FRIDAY, March 29, 2024
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Samsung to build mobile battery, display plants in India

South Korea’s tech giant Samsung is making additional investments in India with the goal of making the 1.3 billion-population market its mobile business hub, according to industry and news reports. 
Samsung Electronics battery affiliate Samsung SDI and display panel maker Samsung Display recently invested around 25 billion rupees ($357.83 million, Bt11.3 billion) to build additional battery pack and mobile display assembly plants, according to local news outlets.
The detailed amount of their respective investment could not be confirmed by their head offices in Korea.
Both Samsung affiliates said they were making investments, but that the amounts had not yet been finalised. 
Samsung completed a 49 billion-rupee smartphone factory in Noida last July, ramping up the Korean company’s monthly production capacity from five million units to 10 million.
Samsung is aggressively expanding its operations in India in order to overtake its Chinese rival Xiaomi and gain the lead in the Indian smartphone market, after losing out to Xiaomi in China for the past couple of years. – The Korea Herald 

Japan plans limits on foreign tech investment
The government Japanese plans to expand the scope of regulations on foreign investment in Japanese companies as early as within this year. Until now, the regulations have been applied mainly to nuclear-related and aircraft industries, which have potential military uses. About 20 industries, including manufacturers of smartphones and semiconductor memory, will be subject to the regulations. The move is aimed at preventing the outflow of key security-related technology, with China and other countries in mind.
The Foreign Exchange and Foreign Trade Law regulates investment by foreign companies. If technologies used in smartphones and semiconductor memory are exposed, Japan’s security could be threatened as information technology becomes more sophisticated. 
The government therefore has decided to add those technologies to the regulation list. – The Yomiuri Shimbun

Filipinos spend most time on social media in Asia
Filipinos spend the greatest amount of time on social media among Asians, closely followed by Indonesians, Thais and Malaysians, according to Global Digital 2019 reports from We Are Social and Hootsuite. 
In 2019, Filipinos spend an average of four hours and 12 minutes on social media daily, an increase of 15 minutes per day from last year. 
They topped the list for the fourth year in a row. 
On the other hand, the Japanese spend the least amount of time on social media -– 36 minutes per day. Trailing behind the Japanese are South Koreans, who spent an hour and 12 minutes per day. – The Korea Herald
 

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