Sharon Lam is a production editor for Reuters Breakingviews, based in Toronto. She joined Breakingviews in December 2017, writing about Asia's consumer goods sector, technology, and travel from Hong Kong, where she was previously based. Prior to Reuters, she covered technology and culture at Forbes, and has also worked at Mirae Asset Global Investments and HSBC private bank. Sharon holds bachelor's degrees in international relations and political science from Tufts University.Follow @sharonlamhk
The $82 bln Chinese company shipped 53 mln handsets in the second quarter, overtaking Apple to become the world’s No. 2 producer behind Samsung. With greater heft, boss Lei Jun’s ambitions in semiconductors should be within reach soon. Favourable policies from Beijing will help.
Web giant Kakao’s digital bank and payments affiliates are going public while rival Toss raised funds at a $7.4 bln valuation. Up for grabs is the country’s $1 trln lending market. The digital disruptors’ early gains in retail loans spell trouble ahead for incumbents.
A deal to shore up ties with a Jakarta conglomerate recalls the country’s importance for the super-app’s growth ahead of its $40 bln New York debut, and as top local rivals merge. Grab’s Southeast Asian footprint has benefits, but Indonesia carries outsize strategic value.