China and South Korea can leverage their complementary strengths in semiconductors and artificial intelligence technologies to advance cooperation and bolster Asian supply chains to create solutions that will benefit the world, investors and industry experts said.

With South Korea now pushing for a "three mega projects" initiative centered on semiconductors, physical AI and AI data centers, Hong Kong and Shenzhen-based Sparks Physical AI Ventures founding and managing partner Tony Chen and managing partner Jayesh Chhatlani, said they foresee more business opportunities for cooperation between firms and investors from China and South Korea.

For example, South Korea's strength in memory chips can be combined with China's strengths in commercialization and application to turn memory-as-a-service into a driver of wider adoption of AI, said Chen, adding that cooperation in agricultural and food tech, AI-enabled entertainment content, and industrial automation are also potential sectors for cooperation.

"By leveraging Chinese AI solutions and the market demand from South Korea when we co-create one solution together, it can be deployed to many other countries in Asia," said Chen, mentioning that he recently introduced a South Korean company to a Chinese robotics company to develop agricultural tech solutions not only for South Korea but also potentially for Indonesia.