China memory makers’ IPO line up: CXMT seeks US$4.2 billion, YMTC prepares filing

Strong AI demand has pushed the memory sector into a rare upcycle. China’s leading DRAM maker CXMT is advancing an IPO application on the STAR Market, targeting CNY29.5 billion (US$4.21 billion), the second-largest fundraising in STAR Market history. In parallel, supply chain sources say China’s NAND flash leader YMTC is likely to file for an IPO in the first half of 2026.

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Taiwan ramps up drone procurement in 2026, testing mass-production capacity

Taiwan is set to dramatically scale up its military drone production starting in 2026 as the Ministry of National Defense prepares to order nearly 50,000 units, a move intended to shift the island’s domestic supply chain from small-batch development to industrial-scale manufacturing. Following the launch of its largest-ever unmanned aerial vehicle tender in 2025, defense authorities are planning for a sharp increase in volume that will test the capability of local manufacturers to sustain mass production.

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Taiwan IC design industry faces intensifying G2 pressures in 2026

Taiwan’s integrated circuit (IC) design sector faces intensified challenges as 2026 begins that may push its global revenue ranking to third place, largely due to competitive pressures from the US and China. The dominant reliance on consumer electronics revenue offers limited growth prospects, as AI-driven expansion primarily benefits cloud computing sectors.

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Asus halts 2026 smartphone plans, eyes entry into drone and AI glass markets

Asustek Computer has confirmed it will not launch any new smartphones in 2026, effectively scaling back its mobile device business. At the same time, the company emphasized that after-sales support, maintenance, software updates, and warranty services will continue as normal. The move comes amid intensifying global competition and supply chain challenges, with the company redirecting efforts toward emerging products like drones and smart glasses.

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