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The Bank of Korea warns rising bonuses at some South Korean chipmakers could fuel broader wage growth and consumer spending, complicating the inflation outlook

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TECH NEWS

South Korean and Taiwanese tech companies that helped build China's hardware sector during the smartphone boom now reap the AI boom as US curbs sideline China

Sponsor Posts Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access! Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale

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TECH NEWS

Sources: ByteDance has been Microsoft's biggest AI customer in recent years, largely using OpenAI models, and is on track to spend $1B+ a year on Azure services

Sponsor Posts Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access! Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale