Samsung NEXT (formerly Samsung Global Innovation Centre) has created the Samsung NEXT Fund, a $150-million venture capital investment fund, to increase the tech giant's global support of early-stage start-ups pursuing advanced software and services innovation.
Siam Commercial Bank (SCB), through its financial technology (fintech) subsidiary Digital Ventures, has announced it is investing in NYCA Fund II, a top US fintech-focused fund with a reputation for bringing together the expertise of both Silicon Valley and Wall Street.
There are approximately 30 million internet and mobile banking accounts in Thailand, a figure likely to dramatically increase in the near future after the government launches its national e-payments system, Prompt Pay.
Fortinet has announced enhanced offerings that provide the building blocks for future’s self-provisioning, self-operating and self-correcting, Intent-Based Network Security in its latest innovations in the Security Fabric include the release of FortiOS 5.6 and Fortinet’s new Security Operations Solution.
Google has expanded its Launchpad Accelerator programme to Thailand by selecting two Thai startups, Wongnai and Skootar, to join the initiative in which they will work closely with the US-based tech giant for six months.
Digital Ventures (DV), the venture-capital arm of Thailand’s third-largest bank by assets, Siam Commercial Bank, is giving more weightage this year to direct investment in start-ups specialising in financial services to tap the B2B (business-to-business) market.
Taiwan-based consumer electronics manufacturer HTC Corp. officially announced a new flagship smartphone, the U Ultra, which houses a new Artificial Intelligence (AI) virtual assistant called HTC Sense Companion.