Wednesday, July 13, 2022

Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China (Bloomberg)

Bloomberg:
Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China  —  A Shanghai-listed arm of Foxconn Technology Group acquired a stake in China's top chipmaker during its $9 billion bailout …



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Belgium-based Vertical Compute, a memory chip firm spun out of European VC firm Imec.xpand, raised a €20M seed led by Imec.xpand (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat : Belgium-based Vertical Compute, a memory chip firm spun out of European VC firm Imec.xpand, raised a €20M ...