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This news segment examines two key aspects: the evolution of Hostinger from Lithuania to a global level, and the contribution of LinkedIn's R&D center in India to the creation of global products.
Hostinger was founded in Kaunas in 2004 and initially operated as a web hosting provider. Over time, the company transformed into a comprehensive platform for creating and managing online businesses, focusing on AI-powered website building tools and business utilities. Hostinger CMO, Kristina Strimaitė, stated that AI will not replace people, but it will displace those who refuse to use it or show curiosity.
The company has achieved global reach, serving clients in over 150 countries without seeking venture capital. Kristina Strimaitė noted that globalization became inevitable due to the small size of their domestic market. In 2025, the company's revenue reached 275.4 million euros, representing a 51% increase compared to the previous year, marking the fourth consecutive year of growth exceeding 50%. India is Hostinger's largest market by active user count, surpassing Brazil, Indonesia, and the United States.
According to Strimaitė, founders should solve real problems, avoid the limitations of a small local market, and delegate operational tasks to AI to free up time for product development and customer interaction.
Over the past fifteen years, LinkedIn's R&D center in Bengaluru has undergone significant changes: it has evolved from a mere development hub into a place where genuine engineering work occurs, contributing to the creation of the company's global products. Malay Lakshmanan, Head of Engineering in India at LinkedIn, discussed the center's development, the impact of AI on product development, the company's efforts in developing AI talent, and the entrepreneurial culture within a large corporation in an interview with EnterpriseStory.
LinkedIn teams in India are now responsible for the full product development lifecycle for enterprises such as LinkedIn Sales Solutions. They create AI, data, and infrastructure-based platforms that support millions of users worldwide, playing a key role in shaping the company's next wave of innovation. Lakshmanan emphasized that Bengaluru is not only LinkedIn's largest R&D center outside of Silicon Valley but also a place where products for the entire world are created and future development directions are defined.
In the future, the main focus will be on integrating platforms using AI and data. This may manifest in assisting recruiters to accelerate the process through deeper integration of ATS (Applicant Tracking System) systems, embedding LinkedIn intelligence directly into hiring workflows, as well as ensuring better outcomes for marketers and sales teams through smarter and more interconnected user experiences.
CXMT ChangXin Memory Technologies conducted an IPO on the STAR Market, raising approximately 66.6 billion yuan. This makes it the largest A-share IPO in 2026. The company positions itself as the world's fourth DRAM manufacturer, holding a 7.67% market share, and aims to challenge the dominance of Korean manufacturers by 2030.
The IPO was priced at 8.66 yuan per share and attracted 9.43 million effective subscribers with a lottery ratio of about 0.47%, a record for the STAR Market. Institutional investors forecast a post-listing market capitalization in the range of 2–3 trillion yuan, which would place CXMT among the most valuable semiconductor companies globally.
According to Omdia, by the fourth quarter of 2025, CXMT achieved the status of the world's fourth DRAM producer with a 7.67% market share. The company's annual revenue in 2025 reached 29.1 billion yuan, and net profit in the first quarter of 2026 hit 24.8 billion yuan, demonstrating a 1688% year-over-year growth. The company forecasts that net profit in the first half of 2026 will reach 50–57 billion yuan, driven by the memory supercycle stimulated by artificial intelligence, which has created unprecedented demand for both traditional DRAM and new HBM products.
The IPO structure reflects the company's strategic position: Alibaba holds approximately 5% of CXMT shares through an investment of 7.6 billion yuan, which is estimated to have reached 130 billion yuan by the time of the IPO, making it one of the most successful corporate investments in Chinese technology. The funds raised from the IPO will be used exclusively for expanding DRAM production. It is expected that by the end of 2026, production capacity will reach approximately 350,000 wafers per month, approaching Micron's output level, according to Citrini Research.
Market dynamics favor CXMT's expansion. Samsung, SK Hynix, and Micron are actively shifting production capacities towards high-margin HBM for AI accelerators, thereby freeing up DDR5 and LPDDR5 segments. CXMT capitalized on this opened market window by launching mass production of LPDDR5, DDR5, and LPDDR5X products between 2023 and 2025. The company's latest LPDDR5X 10667 products have already passed sampling and meet the specifications of global leaders.
Nevertheless, serious obstacles remain. Due to export controls, the company lacks EUV lithography equipment, lagging behind international competitors by about two technological generations in process nodes, which increases the unit cost. HBM production remains unattainable due to unresolved yield issues. Ms. Hwang, Director of Counterpoint Research, believes that Chinese DRAM manufacturers will not catch up with Korean leaders in high-tech products before 2030. The company needs to manage intellectual property risks, achieve approximately a 15% global market share to generate sufficient EBITDA for self-financing capital expenditures, and develop breakthrough innovations instead of following established technological paths. Morgan Stanley recently downgraded ratings for Samsung and SK Hynix, citing CXMT's capacity expansion as a structural risk to Korean dominance in the memory market, confirming the growing influence of Chinese DRAM on the global memory landscape.
