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Nanya plans a $6bn spending surge in 2027 to ride the AI memory boom

Nanya Technology spent years as the also-ran of the memory business, the Taiwanese DRAM maker that Samsung, SK Hynix and Micron never had to worry about much. The AI boom has changed the arithmetic. The company now plans to spend around $6bn in 2027 as it races to expand capacity into a memory shortage that […]

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SoftBank and PayPay said to be in talks to invest in Seven & i

Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retailer behind 7-Eleven, according to Bloomberg, which reported the discussions on Friday. Neither the size nor the structure of any deal has […]

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Taiwan’s central bank chief urges caution on leverage as AI stock rally runs hot

Taiwan’s top central banker has urged investors to steer clear of heavy borrowing to chase the island’s surging stock market, a rally powered by global demand for the AI hardware that Taiwanese firms supply. Yang Chin-long, governor of the Central Bank of the Republic of China (Taiwan), delivered the caution on Thursday while reporting to […]

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Squeezed on land, Samsung wants to put data centres out to sea

As data centres run into unhappy neighbours and water limits on land, Samsung wants to float them offshore. Samsung Heavy Industries plans to launch its first floating data centre by 2028, Seoul Economic Daily reported. It would be a purpose-built barge parked near the coast. The design is specific. Rather than convert an old ship, […]

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China weighs curbing overseas access to its top AI models

China’s open AI models have been a gift to developers everywhere. Now Beijing may pull them back in. Chinese officials have discussed limiting who outside the country can use the nation’s best AI models, Reuters reports. The Ministry of Commerce ran the meetings over the past month, and Alibaba, ByteDance, and the startup Z.ai took […]

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South Korea’s ‘fake news’ law is live, and it can cost you five times the damage

Post something a South Korean court later rules false, and it could cost you five times the damage. The country’s new “fake news” law is now in force, and journalists are alarmed. South Korea has begun enforcing a tough law against false information online, the Associated Press reports. Courts can now award punitive damages of […]

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South Korea plans a ‘future response fund’ built on its AI chip tax windfall

South Korea will seek to create a “future response fund” financed by the tax windfall from its semiconductor boom, Yonhap reported. The proceeds would flow into AI, advanced manufacturing, and other long-term growth engines. Presidential chief of staff Kang Hoon-sik said the fund would turn the extra tax revenue into investment resources for future generations. The government […]

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Micron breaks ground on $9bn Hiroshima expansion to chase AI memory demand

Micron Technology broke ground on Saturday on a ¥1.5 trillion, roughly $9.3bn, expansion of its factory in Hiroshima, western Japan, the company’s latest bet on the AI memory boom that has already pushed its market value past $1 trillion. The Boise, Idaho based chipmaker will use the site to produce high-bandwidth memory, the stacked DRAM […]

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Microsoft joins Lightstorm-led consortium to build an India-Southeast Asia subsea cable

Microsoft has joined a consortium led by Singapore-based Lightstorm to build a new subsea cable connecting India with Singapore and Malaysia, the companies announced on Thursday. T he I-2SEA system will run 3,600 kilometres and is intended to support the AI, cloud and hyperscale workloads that have made India one of the world’s most contested data […]

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Samsung details $90bn plan for South Korea’s Chungcheong region

Samsung Group has put a number on its next decade of domestic manufacturing: 140 trillion won, or roughly $90 billion, spread across displays, memory chips, batteries and chip-packaging materials in South Korea’s central Chungcheong provinces. Samsung Display chief executive Yi Chung laid out the breakdown on Thursday at an event in Asan hosted by President […]

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