UNIS

The Melancholic Saga of Xiaomi in India

In January 2024, Xiaomi unveiled the Redmi Note 13 5G series in India, achieving an outstanding sales feat of nearly CNY 900 million within a mere two days. Expressing gratitude on Twitter, Xiaomi India thanked its consumers, hailing the series as "super smartphones that redefine excellence." The commitment echoed the promise to persist in delivering innovation and premium products to the Indian market.

Venezuelan Court Fines TikTok $10 Million

Recently, the Supreme Court of Venezuela imposed a $10 million fine on the overseas version of TikTok, citing the platform's viral challenges, which resulted in the deaths of three children and injuries to dozens more. The court ruled that TikTok must pay the fine to the National Communications Commission (Conatel) within eight days, with the funds earmarked for the establishment of a special fund to "compensate the victims of the viral challenges."

Bridge Data Centres, TNB Sign MY07 400MW Agreement and Green Energy Partnership

Bain Capital-backed Bridge Data Centres (BDC), the leading hyperscale data center solutions platform in Southeast Asia, announced the signing of the MY07 Electricity Supply Agreement (ESA) with Tenaga Nasional Berhad (TNB), Malaysia's leading energy solutions provider.

TM One Expands Partnership with Sarawak Company to Stimulate the State's Digital Economy

TM One, the enterprise and government solutions arm of Telekom Malaysia (TM), and Sarawak Digital Economy Corporation Sdn Bhd (SDEC) have announced the next phase of their strategic partnership to advance Sarawak's digital economy, digital society and government services through enhanced connectivity.

IFC and Global Lenders Fund Yondr's Data Center Project in Malaysia

The International Finance Corporation (IFC), a global development agency focused on the private sector in emerging markets and a member of the World Bank Group, along with a consortium of six international financial institutions have committed more than US$900 million in financing for global data center operator Yondr Group's hyperscale data center campus in Malaysia.