Welcome back to Asia Tech Review, your curated digest to keep up to date with tech news across Asia.
I’m still traveling in Europe, but Asia is where the action is right now. Chinese memory giant CXMT is about to go public in Shanghai in an IPO that will raise nearly $10 billion and flex China’s tech self-sufficiency strategy. Meanwhile, Korean firms are splurging the cash they’ve raked in from AI on deals in the US and beyond. That’s our first stop in today’s newsletter.
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South Korea has been a major economic beneficiary of the AI boom. Now that financial windfall is touching other countries and companies across the globe through a series of deals.
Samsung, which has posted record results thanks to its surging memory…