crypto strategy

Japan successfully powers a steam-powered spacecraft

Asia in brief The Japanese space agency has successfully used water to propel a spacecraft and claims it represents “the world’s first successful orbit control beyond low Earth orbit using a water-propelled propulsion system”.

The device in question is EQUULEUSthe CubeSat 6U that accompanied NASA’s Orion mission.

After hovering over the Moon, EQUULEUS was pointed towards the second Earth-Moon Lagrange point (EML2). To achieve this, he used an engine called AQUARIUS (AQUA ResIstojet propUlsion System) which uses water as fuel. The craft uses waste heat from the comms kit to heat water into steam which is projected to produce thrust.

As explained in this presentation [PDF]water is easier to store and handle than other fuels, so it is ideal for use in small, inexpensive satellites.

AQUARIUS also needs little energy to operate but is not very powerful. EQUULEUS will take a year and a half to reach EML2, a point in space that is worth visiting because it is advantageous for transfer to other orbits. This includes interplanetary orbits.

The combination of EQUULEUS and AQUARIUS makes a visit to EML2 achievable at low cost and constitutes a test for future on-site visits.

EQUULEUS carries an instrument called DELPHINUS (DEtection for Lunar impact camera PHenomena IN 6U Spacecraft) designed to observe lunar impact flashes and near-Earth asteroids from EML2. Another instrument on board EQUULEUS will observe the Earth’s plasmasphere.

-Simon Sharwood

$2 billion fund targets construction of APAC data centers

Singaporean real estate investment firm SC Capital and the Abu Dhabi Investment Authority have formed a $2 billion venture aimed at financing the construction of data centers in the APAC region.

The investment will be overseen by SC Zeus Data Centers, an entity that SC Capital created in early 2022 to manage its data center portfolio.

The fund will focus on Japan, South Korea, Singapore and Australia.

SC Zeus is already present in China, Hong Kong, Japan, South Korea and Thailand. The company designs, develops and manages data centers throughout the region.

-Simon Sharwood

Singapore Authorities Investigate Criminal Acts at Crypto Exchange Hodlnaut

Singapore police last week announcement The city-state’s white-collar crime investigation agency – the Business Affairs Department – has opened an investigation into local crypto exchange Hodlnaut.

“Between August and November 2022, police received multiple reports alleging that Hodlnaut and/or its directors made false statements regarding the company’s exposure to a certain digital token,” Singapore police said. Reports to suggest Hodlnaut had a stake in collapsed crypto firm FTX.

“Following these police reports, the CAD is investigating Hodlnaut and its directors for possible offenses of cheating and fraud.”

Hodlnaut entered “Forensic Management” – a legal status similar to receivership – in September 2022, and issued regular updates to investors whose funds were frozen after a liquidity crisis.

-Simon Sharwood

Korea and Singapore finalize their digital partnership

Trade ministers from Singapore and Korea signed a digital partnership last week, concluding a year-long effort to strike such an agreement.

The partnership, known as the Korea-Singapore Digital Partnership Agreement (KSDPA), establishes digital business rules that promote system interoperability.

Main characteristics of the OK [PDF] include support for the development of electronic payments, ways to avoid data localization, responsible AI, source code protection, consumer welfare, personal data security and more.

The KSDPA is Korea’s first digital partnership and Singapore’s fourth – although Singapore’s first with an Asian country.

Korean Trade Minister Dukgeun Ahn,”said the KSDPA will also serve as a model and springboard for Korea’s growing digital business network. »

The two countries also signed a memorandum of understanding for Korea-Singapore dialogue on digital economy. Associated meetings will include government and private industry representatives and will begin early next year.

MoUs for digital certificate of origin (COO), data exchange for digital clearance document review and joint R&D projects for AI ethics and governance systems are also in progress.

Bosch opens intelligent mobility R&D center in Shanghai

German auto parts maker Bosch opened an R&D center in Shanghai’s Pudong district last week.

The facility represents a total investment of approximately $21 million and includes an office spanning more than 107,000 square feet (10,000 m2). The center is expected to employ over 540 workers.

It is Bosch’s third and largest R&D center in China. The company employs a total of 1,400 people in China, 80% of whom work in R&D.

The center is focused on mobility, with projects expected on digital cockpits, smart cars and software-related research, Bosch said. on Chinese social networks.

The auto parts maker hopes to have its new intelligent driving platform complete, with sensors, computing platforms, algorithm application and cloud connectivity, in mass production in 2023.

The company said its smart cockpit platform already has six major Chinese OEM projects. A next-generation version is currently in development.

“The new platform will integrate certain driver assistance functions to provide customers with smarter cockpit products,” Bosch said.

“We hope to actively cooperate with the Jinqiao Economic Development Zone and its upstream and downstream enterprises in the automotive industry chain to jointly strengthen the innovation and development of intelligent vehicles in the Chinese market.

LG Electronics is reorganizing to continue its growth

South Korea’s LG Electronics has announced a reorganization as it pursues a new strategy and improves profits.

The big change is the creation of a “Corporate Customer Experience (CX) Center” that will report directly to LG headquarters.

“The primary role of the CX Center will be to create a seamless and expansive customer experience,” LG said. announcement proclaim. “He will also develop strategies and roadmaps to drive greater innovation at every stage of the customer experience journey, from product and customer service planning to future business models.”

The reorganization will see LG’s Home Entertainment (HE) company establish an R&D division in Indonesia “to improve collaboration between R&D and overseas manufacturing bases”.

The company has also set up a dedicated division for electric vehicle chargers – one of several efforts targeting the automotive industry.

-Simon Sharwood

The Pakistani government will subsidize the purchase of smartphones

Pakistan last week launched a program called “Smartphone for All” under which the government makes an upfront payment covering 30% of the price of a smartphone.

Low-income Pakistanis pay the rest of the price on an installment plan.

The program is designed to connect more citizens to government services.

Pakistan’s communications minister also recently promised that 5G mobile services would come to the country next year.

-Simon Sharwood

China plans robotic lunar outpost

China plans to create a robotic outpost on the Moon by 2028.

State body China DailyLast week reported plans to send a robotic mission named Chang’e 6 to collect samples from the far side of the Moon. Next will come the Chang’e 7 robot on a mission to search for water and other resources at the south pole of the Moon.

Chang’e 8 will also land at the South Pole and join Chang’e 7 in creating a robotic outpost in which orbiters, landers, rovers and detectors operate as “a prototype robotic science outpost”. .

-Simon Sharwood

In other news…

Our regional coverage last week included coverage of

Great Britain prohibition Chinese CCTV cameras in ‘sensitive’ government facilities.

China Antitrust Watchdog offers a revision of the national competition law to target technology companies more. The move comes after an unusual period of calm from Middle Kingdom regulators.

Baidu executives have shrugged suggestions that U.S. chip export restrictions had a negative impact on the company’s operations and suggested that the sanctions accelerated the country’s drive for self-sufficiency.

Meanwhile, Beijing declared victory over adding video games for teens, saying about 70% of Chinese children meet state game time limits.

Protests exploded at Foxconn on payment issues and COVID-19 lockdowns. Foxconn did not deny the pay discrepancies, but called it a “technical error”.

After experiencing massive delays in adopting data privacy rules, India has floated two separate ones in the space of a week.

Also in India, IT Minister Rajeev Chandrasekhar called for the development of global artificial intelligence standards to prevent technology from harming humanity.

And Amazon leave India’s IT market is “one of many” reductions in the business.

AWS spear a new infrastructure region in Hyderabad, making it the second largest in India. The other region is in Mumbai.

Just like the rest of the tech industry, Asian superapps are staff reductiondespite the publication of “solid” results in the third quarter.

Apple said this will change the odd way it charges developers in South Korea commissions for software sales in its App Store. Local developers will no longer pay 3% more than their international counterparts, according to the country’s Fair Trade Commission.

Japan’s payload on NASA’s Orion spacecraft experimented mixed success this week. One of its Cubesats, EQUULEUS, sent back pictures of the far side of the Moon, while OMOTENASHI missed its only chance to break out of orbit and hit the Moon, thanks to unresponsive radios.

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