A new report from the GSMA, The Mobile Economy: India 2016 says India has surpassed the USA to become the world's second-largest smartphone market with an installed base of 275 million devices and that, at the end of June 2016, it had 616 million unique users. The report is tipping India to have one billion unique mobile subscribers by 2020.

Read more: India now world's number two smartphone market

Singapore has joined Japan and the UK in sponsoring the CyberGreen Institute, an organization dedicated to making transparent the '˜health' of the world's Internet network providers. And two security companies, Palo Alto Networks, have ramped up their presence in Singapore.

Read more: Singapore joins CyberGreen initiative to boost ISPs' security

Gartner has issued its 2016 Hype Cycle for ICT in India saying it shows the technology lag between India and other major technology markets to be narrowing as more local vendors enter both emerging and mature technology segments in India, including areas such as the Internet of Things (IoT) and software as a service (SaaS).

Read more: India no longer a technology laggard, says Gartner

The Cloud Security Alliance (CSA) and Ernst & Young (EY) China have released the results of a joint survey into the adoption of cloud computing by the financial services industry in China, saying adoption has reached a tipping point within the industry.

Read more: Cloud adoption by financial services in China past the tipping point

IT security company, Cylance, which claims to be revolutionizing cyber security through the use of artificial intelligence to proactively prevent advanced persistent threats and malware, has expanded its international operations with the opening of an office in Singapore, and the appointment of three security industry veterans.

Read more: Cyber security specialist Cylance sets up in Singapore

Almost 200 Chinese and non-Chinese organizations have banded together under the auspices of the Electronic Information Division of the Ministry of Industry and Information Technology to form the Industry of Virtual Reality Alliance (IVRA.com), billed as 'The only official, government-endorsed VR organization in China.'

Read more: China aims for VR leadership with new VR industry alliance

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