Data Center News

GDS rebrands international unit to DayOne

Chinese data center firm GDS has changed its name and officially launched as an independent company as of January 1, following the recent completion of a series B funding round. Established in 2022, what was then GDS International was founded to hold GDS Holding’s data center assets and operat...

January 06, 2025

China

Akamai to end CDN services in China

US-based cloud computing and Content Delivery Network (CDN) company Akamai plans to end its CDN in China, ending services in the country on June 30, 2026, the company said in a letter to customers. After this point, any remaining content requests will be automatically served from neighboring c...

January 04, 2025

China

Vertiv acquires tech and assets from BSE

Vertiv's Chinese subsidiary has acquired centrifugal chiller technology and assets from BiXin Energy Technology Co. (BSE), a manufacturer of chillers, heat pumps, heat-recovery solutions and air-handling units.“This acquisition supports our capital allocation strategy, which includes adding te...

December 21, 2024

China

Vnet to set up data center investment fund with Dajia

Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu pro...

December 03, 2024

China

Alibaba Cloud revenue up 7% for the quarter

China's Alibaba Group saw its cloud computing business revenue grow by seven percent during Q3 2024. According to Alibaba CFO Toby Xu, AI-related product revenue has achieved triple-digit year-over-year (YoY) growth for the fifth consecutive quarter, which "triggers" more demand for the compan...

November 18, 2024

China

Goodman completes Hong Kong data center

Real estate firm Goodman this week said it has completed the third building at its Goodman Tsuen Wan West data center campus and handed over the 50MW facility to Chinese operator GDS.Goodman’s head of Asia, Paul McGarry, said: “This is the latest data center completion at the brand new 225MW G...

October 04, 2024

Hong Kong

Vnet founder withdraws acquisition offer

Josh Sheng Chen, co-chairperson and CEO of Chinese data center firm Vnet (formerly 21Vianet) has withdrawn his offer to acquire all outstanding shares of the company which he made in September 2022. Josh Sheng Chen said: “I withdrew my privatization proposal as I believe that maintaining Vne...

July 20, 2024

China

MCC complete the removal of banned Chinese equipment

Mediacom Communications Corporation (MCC) has said that it's on course to complete the removal of banned Chinese equipment from its network this month by its July 15 deadline."To date, 100 percent of the program has been completed across the areas of removal and replacement, and 99 percent of ...

July 10, 2024

China

KYEC to exit china following semiconductor sanctions

King Yuan Electronics Co (KYEC), one of the world's largest testing and packaging services firms, has sold its entire 92.1 percent stake in its King Long Technology (KLT) subsidiary, a manufacturing hub in the Chinese city of Suzhou as the company sets out to leave China. KYEC cites issues ari...

May 02, 2024

China

Arm begins job cuts across China

British semiconductor and software company Arm has laid off more than 70 software engineers based in China due to a downturn in the country's sales of devices such as smartphones and personal computers. In 2022, the company announced that it would cut about 1000 jobs, about 15 percent of its o...

December 27, 2023

China

Graphcore discontinues China business, pulls out of the country

British chipmaker Graphcore has announced that it will pull out of China in the face of US export controls. The chipmaker is now letting go of most of its staff in China and discontinuing business there. This is another setback to the company, which is already struggling as it revealed in Octo...

November 24, 2023

China

Opening of AI data center by Changan Automobile and Baidu

The Chinese government-owned automaker Changan Automobile and the technology company Baidu have opened a data center dedicated to artificial intelligence (AI). Baidu's cloud service and the Baige heterogeneous AI computation platform power the facility. According to the corporations, the cente...

August 22, 2023

China

ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The compan...

August 03, 2023

Hong Kong

Evolution DC and Central Pattana build Bangkok data center

Evolution Data Centres has partnered with Central Pattana PCL, a Thai property developer, to construct a new data center in Bangkok. Under the terms of the joint venture agreement, the two corporations will construct a 34MW carrier-neutral data center in central Bangkok, Thailand. Phase 1 of t...

June 13, 2023

Bangkok / Krung Thep

Atlas and Hicloud partner for underwater data centers

Atlas and Shenzhen Hicloud Data Center Technology (Hicloud) have announced their partnership to explore reducing data center energy consumption. Through this deal, Atlas, an international group providing blockchain infrastructure-as-a-service, is now the first commercial Web3 user of the Under...

May 18, 2023

China

Eaton Obtains a 49% Investment in Jiangsu Ryan Electrical

Eaton has acquired a substantial stake in Jiangsu Ryan Electrical, a Chinese power distribution company. This week, the US power management company stated that it has acquired a 49 percent stake in Jiangsu Ryan Electrical Co. Ltd., a Chinese manufacturer of power distribution and sub-transmiss...

April 25, 2023

China

Highlander completes first underwater facility and looks to develop net-zero wind-powered data center

According to a report by ChinaDaily, Highlander, one of the companies driving innovation in the underwater data center space, has announced that work on its first commercial facility is complete, for which it is now looking for export buyers. Further to this announcement, the company has outli...

April 06, 2023

China

ByteDance announces pledge for carbon neutral operations by 2030

ByteDance, the owner of TikTok, which historically, has been criticized for not “keeping up with its peers,” has announced its pledge to achieve carbon-neutral operations by 2030. The company has outlined that while it will seek to reduce its operational carbon footprint by 90%, it will rely o...

March 27, 2023

China

OPPO pledges to become carbon neutral across its global operations by 2050

OPPO has announced its commitment to achieving carbon neutrality across all its operations by 2050, the latest to do so. This pledge was made in the company’s OPPO Climate Action Report: Climate Pledges and Low Carbon Development Strategy, at MWC 2023. The company outlined that the greatest so...

March 02, 2023

China

CapitaLand's Beijing plans have green focus

CapitaLand has announced the launch of its China-focused data center development fund, namely CapitaLand China Data Centre Partners (CDCP), through which it is planning two new facilities located outside Beijing, with a focus on sustainability.According to the company, the two development proj...

February 23, 2023

China

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