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Stock impact report

Southeast Asia could become a booming data center market if its data centers can beat the heat [Fortune]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Fortune
Data center demand in the region, where supply is up to 70% lower than in mature markets like the U.S. and China, is expected to grow by 20% each year through 2028, according to the U.S.-ASEAN Business Council . There are now 370 data centers in the region, with the majority in Singapore, Indonesia and Malaysia. Recommended Video “The ecosystem has realized that if they don't latch on to this next wave, they might end up being digitally colonized,” Mayank Shrivastava, the CEO of Singapore-headquartered BDx Data Centers, told Fortune . “Economic gains flow to the country that converts raw material into finished goods–and, in this case, the raw material is data.” Yet, Southeast Asia's sultry, tropical climate presents a unique challenge for its data centers, which require more energy than counterparts in cooler climates to keep servers up and running. The region's temperature ranges between 80 and 95°F throughout the year, while data centers should ideally be maintained between 64 Show less Read more
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