Tag: china

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Keppel and Heying to Develop New $210M Data Center in China

TO BE READY FOR SERVICE BY Q1 2023 Keppel has announced it plans to develop a new data center in Huailai County, Hebei Province, Beijing, China, through a partnership between Keppel Data Centre Fund II LP (KDCF II) and Heying,…

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SpaceDC Partners with Centrin Data to Expand into China

TARGETING TWO DATA CENTER LOCATIONS Singapore based data center company, SpaceDC, has announced that it is partnering with Centrin Data, to deliver combined data center services to customers in China. As announced, the partnership will enable SpaceDC to expand its…

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PDG Raises Over $500M in New Equity Investment

SET TO FUND ITS DATA CENTER EXPANSIONS ACROSS ASIA Singapore-headquartered data center operator Princeton Digital Group (PDG), has just closed an equity investment round, raising a total of over $500 million to fund its data center expansion across Asian markets.…

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EdgeConneX Partners with Chayora to Expand Into China

HAVING ACCESS TO 100% RENEWABLE ENERGY Data center service provider EdgeConneX, has just announced a new partnership with Chayora, a data center provider in China, which will enable the delivery of EdgeConneX’s data center solutions to Chinese and APAC customers.…

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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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