Cybersecurity firm Trend Micro bets on AI to offset US tariff woes
CEO Eva Chen is optimistic that longer-term business opportunities presented by artificial intelligence will override shorter-term challenges brought about by current US policies
[SINGAPORE] The Trump administration’s policies have cast a shadow over Japanese cybersecurity firm Trend Micro, contributing to a slowdown in its first-quarter revenue, but the company believes that artificial intelligence (AI) offers longer-term promise that could more than make up for the current troubles.
“Even though everybody is pulling back their spending, nobody has stopped the exploration of AI,” said the company’s chief executive officer, Eva Chen, in an interview with The Business Times.
The company provides products and services for all cybersecurity layers such as endpoint devices like laptops, servers where data is stored and Internet networks. With a hand in all security layers, Trend Micro can keep up with innovation and industry changes quickly, including progress in AI, said Chen.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands