Caixin
Jan 10, 2022 04:06 PM
RESEARCH & ANALYSIS

In-Depth Analysis: Western Tech Firms Will Expand in Southeast Asia

Singapore’s Marina Bay area. Photo: VCG
Singapore’s Marina Bay area. Photo: VCG

(Oxford Analytica) — As China tightens restrictions on internet freedoms and aspects of digital trade, Western and Chinese tech firms alike are increasing their focus on Southeast Asia as a source of profitable new markets and as regional hubs for their operations. Although several countries, including Thailand and Vietnam, also have laws which restrict the internet -- and affect foreign tech companies through data localization and other requirements -- Western companies are inclined to downplay this aspect of the region’s tech sector.

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