Airbus Joins Air India A320 Altitude Drop Probe 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Gold Prices Rise as Fed Rate Hike Bets Ease 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
US Judge Dismisses Gautam Adani Criminal Charges 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy 
Hewlett Packard Enterprise and HanmiGlobal have joined forces to make South Korea Asia’s next data center hub. The Texas-based information technology company and the Korean construction project management firm have agreed to make this happen through their partnership.
The agreement between the firms
As per The Korea Herald, Hewlett Packard Enterprise and HanmiGlobal signed a memorandum of understanding (MOU) for the management as well as the marketing of some data center construction projects. The companies have come together as political uncertainties in Hong Kong are driving foreign firms to relocate their data centers to other Asian countries.
Under their MOU, the Korean construction engineering company will handle the project management services, and HPE will provide the needed technology and consultations to set up the data centers in S. Korea.
Apparently, the pair will be providing services and requirements based on their expertise and their business. With their extensive experience in their respective fields, the construction of the data center is expected to yield excellent results.
It was noted that HanmiGlobal previously worked with LG Electronics and Naver as their project manager for the cloud centers. This is enough proof about the company’s caliber to make the project with Hewlett Packard Enterprise successful.
“We are very happy to partner with HPE, the leading provider of cloud technology infrastructures,” Lee Sang Ho, HanmiGlobal president, said in a statement. “The two companies hope to contribute to mutual development with HanmiGlobal’s know-how in project management, as well as put efforts to help client companies successfully make profit through their data centers.”
Political unrest in Hong Kong
The agreement between HanmiGlobal and HPE was formed, seeing the growing demand for cloud computing services in Asia. And as mentioned earlier, companies are looking for new places to move their data centers due to political unrest in Hong Kong, which has been the data center hub for years.
Now, The Korea Times mentioned that Seoul and Tokyo are emerging as the new data center hubs, and most of the global data center developers and operators have already started to move to Korea. For this, HanmiGlobal and Hewlett Packard Enterprise have grabbed the opportunity and formed their partnership.
