Alibaba to open data centers in South Korea and Thailand

Alibaba is planning to open its first data centers in South Korea and Thailand in 2022 as the technology giant aims to expand its cloud business in overseas markets.
Alibaba.com e-commerce sales
The e-commerce giant is the #1 cloud computing player in China but has focused on expanding its footprint internationally, particularly into other areas of Asia, including Singapore, the Philippines and Indonesia.

China-based Alibaba competes against U.S. based Amazon, Microsoft and Google.

Alibaba announced the plans on Wednesday at its Apsara Conference along with a number of other new cloud products.
Alibaba Cloud in Asia PacificAlibaba earlier launched a new chip called Yitian 710 that will go into servers called Panjiu. The aim is to power artificial intelligence applications on Alibaba’s cloud.

Cloud computing is seen as a key profit driver for Alibaba, though it accounts for around 8 percent of the company’s total revenue at the moment. E-commerce remains its core business, CNBC reported.