Tag: china

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CapitaLand Buys Data Center Campus in China for US$565M

A 55MW HYPERSCALE CAMPUS Real estate investment company CapitaLand, has just acquired a hyperscale data center campus in China for RMB3.66 billion (approximately US$565 million), precisely located in Minhang District, Shanghai. The hyperscale campus features four data center buildings with a…

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PDG Secures $230M Funding for its China Expansion

PART OF ITS 1 BILLION USD EXPANSION PLAN Singapore-based data center provider Princeton Digital Group (PDG), has just secured a 230 million USD debt refinancing from China Merchants Bank to fund its expansion plan in China. The financing is expected…

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Highlander Unveils China’s First Underwater Data Center

FOLLOWING MICROSOFT’S RETRIEVAL OF NATICK Maritime technology company Beijing Highlander, has just unveiled China’s first underwater data center project in the Guangdong Province of Zhuhai. The data center, containing racks of servers, will be sealed in an air-tight cylindrical vessel…

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China Threatens UK over Huawei 5G New Decision

A POST-PANDEMIC CHANGE The UK government has received a dose of threat from China government after disclosing its intention to ban Huawei from the earlier approved 5G roll-out, and may also look to remove the company’s existing 3G and 4G…

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Tencent to Invest $70B in Data Centers, Cloud and AI

HUGE PLAN FOR THE NEXT FIVE YEARS Chinese multinational tech giant Tencent, has disclosed it plans to invest 500 billion yuan (US$69.9 billion) in digital infrastructure over the next five years. The investment focuses on cloud computing and artificial intelligence…

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Alibaba Gives Free Cloud Services in Coronavirus Aid

OFFERING $1,000 OF CREDITS TO CUSTOMERS The Cloud services arm of Alibaba is now supporting its customers whose business have been impacted by the Coronavirus outbreak with free credits to purchase its cloud service. To ensure business continuity, the cloud…

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GDS Acquires $200M Shanghai Site for Its Campus

PHASE I IS PLANNED FOR 2021 Chinese data center developer and operator GDS Holdings Ltd, has signed a definitive legal agreement through its subsidiary to acquire a data center site in Shanghai for ¥1.37 billion (approx. $200 million). The 212,000…

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CMI Opens Its New Data Center in the UK

THE COMPANY’S FIRST EUROPEAN FACILITY The telecommunications company; China Mobile International (CMI), has opened its newly built data center in the UK, which is the company’s first European facility. This new CMI data center is sited in Slough Trading Estate…

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Gaw Capital and Centrin Plan Joint-Facilities in China

STARTING WITH HUAQIAO DATA CENTER EXPANSION Gaw Capital Partners has just announced the establishment of a joint-venture partnership with Centrin Data for hyperscale data center projects in China. Hong Kong-based Gaw Capital Partners is a real estate private equity firm…

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Huawei data center to be the first to obtain PUE test certificate

World’s first PUE certificate for an indoor modular data center product Huawei had obtained the world’s first PUE (Power Usage Efficiency) test certificate for an indoor modular data center product. This was given at the Fourth Data Center Facility Summit…

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