Princeton Digital Group Data Center News

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

Abdul-Rahman Oladimeji

China

Alibaba extends cloud price cut to international customers

Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winnin...

April 09, 2024

Abdul-Rahman Oladimeji

Singapore

Asia-Pacific plans new data center acquisitions

Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of par...

April 08, 2024

Abdul-Rahman Oladimeji

Singapore

PDG completes first phase of Tokyo data center

Data center operator Princeton Digital Group (PDG) has completed the first phase of its 96MW data center campus, TY1, in Tokyo, Japan which included the core and shell construction of a six-story facility, expected to supply 48MW of IT capacity. The TY1 data center located in Saitama City, 30k...

March 27, 2024

Abdul-Rahman Oladimeji

Princeton Digital Group

Telkom Indonesia consolidates Singapore data centers

Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...

March 05, 2024

Abdul-Rahman Oladimeji

Singapore

Empyrion DC secures S$133 million green loan

Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark ...

February 27, 2024

Abdul-Rahman Oladimeji

Singapore

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Abdul-Rahman Oladimeji

Singapore

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

Abdul-Rahman Oladimeji

China

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Abdul-Rahman Oladimeji

Singapore

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Abdul-Rahman Oladimeji

Singapore

Mitratel acquires over 800 towers from Gametraco for $113 million

Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 ...

December 03, 2023

Abdul-Rahman Oladimeji

Jakarta

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

Abdul-Rahman Oladimeji

China

Gaw & Sinar Primera to construct new DC facility in Batam, Indonesia

Real estate private equity firm Gaw Capital Partners and Indonesian developer Sinar Primera announced a partnership this week to build a data center in Batam, Indonesia. Gaw will be acting as the primary investor in this partnership with Sinar Primera as the development manager will take a min...

November 03, 2023

Abdul-Rahman Oladimeji

Batam

6Estates launches Nvidia DGX BasePOD for AI offerings

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

October 11, 2023

Abdul-Rahman Oladimeji

Singapore

Princeton Digital Group launches sixth DC campus in Indonesia

Princeton Digital Group (PDG) has opened its sixth data center campus in Indonesia with the launch of its 22MW hyperscale data center facility (JC2) in Citibung, Greater Jakarta. Built on the same center as the JCI, the new facility takes the Citibung campus up to 35MW.Varoon Raghavan, COO and...

September 27, 2023

Abdul-Rahman Oladimeji

Princeton Digital Group

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

Abdul-Rahman Oladimeji

China

Princeton Digital Group (PDG) to power Indonesian data center with biomass

Princeton Digital Group (PDG) will power one of its Indonesian data centers with biomass, following the signing of a renewable energy contract with PT Cikarang Listrindo Tbk (CL). PDG will subsequently power its Cibitung data center with the company's biomass-sourced energy.The facility itsel...

August 09, 2023

Princeton Digital Group

GIC seeks to raise capital for South Korean data center initiative

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

July 24, 2023

Abdul-Rahman Oladimeji

Singapore

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Abdul-Rahman Oladimeji

Equinix

Bitdeer expands: Announces new data centers in Norway and Bhutan

In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further t...

July 12, 2023

Singapore

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