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Chinese chipmaker Loongson Technology is banking on its upcoming IPO in Shanghai to beef up its research and production of advanced semiconductor technologies.
Loongson s plans dovetail with Chinese technology companies efforts to strengthen the security of supply chains and achieve self-sufficiency in crucial technologies.
Beijing-based Loongson s IPO is expected to be made on the STAR Market, or the Science and Technology Innovation Board of the Shanghai Stock Exchange, with up to 41 million shares likely to be up for sale, potentially netting 3.5 billion yuan ($542 million).
Loongson s journey as a business started in 2001 with a research team under the Chinese Academy of Sciences. In 2010, it was spun off as a separate entity to commercialize its chip development research.
Loongson s IPO may lift home chipmakers By MA SI | China Daily | Updated: 2021-07-01 08:09 Share CLOSE Visitors gather at chipmaker Loongson s booth during an expo in Nanjing, Jiangsu province. [Photo by Wang Luxian/For China Daily]
Chinese chipmaker Loongson Technology is banking on its upcoming IPO in Shanghai to beef up its research and production of advanced semiconductor technologies.
Loongson s plans dovetail with Chinese technology companies efforts to strengthen the security of supply chains and achieve self-sufficiency in crucial technologies.
Beijing-based Loongson s IPO is expected to be made on the STAR Market, or the Science and Technology Innovation Board of the Shanghai Stock Exchange, with up to 41 million shares likely to be up for sale, potentially netting 3.5 billion yuan ($542 million).
From:ChinaDaily | 2021-07-01 08:09
Chinese chipmaker Loongson Technology is banking on its upcoming IPO in Shanghai to beef up its research and production of advanced semiconductor technologies.
Loongson s plans dovetail with Chinese technology companies efforts to strengthen the security of supply chains and achieve self-sufficiency in crucial technologies.
Beijing-based Loongson s IPO is expected to be made on the STAR Market, or the Science and Technology Innovation Board of the Shanghai Stock Exchange, with up to 41 million shares likely to be up for sale, potentially netting 3.5 billion yuan ($542 million).
Loongson s journey as a business started in 2001 with a research team under the Chinese Academy of Sciences. In 2010, it was spun off as a separate entity to commercialize its chip development research.
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