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 …



Truecaller launches Open Doors, a Clubhouse-like app which lets users register with their phone numbers and audio chat with their contacts who have the app (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Truecaller launches Open Doors, a Clubhouse-like app which lets users register with their phone numbers and audio chat with their contacts who have the app  —  If you thought of the age of companies launching real-time audio chat apps, you're wrong.  Swedish caller identification service Truecaller …



Sources: Unity to merge with app monetization service Ironsource, valued at $5B in the merger after going public in 2021 via a SPAC merger at a $11.7B valuation (Golan Hazani/CTech)

Golan Hazani / CTech:
Sources: Unity to merge with app monetization service Ironsource, valued at $5B in the merger after going public in 2021 via a SPAC merger at a $11.7B valuation  —  Both companies have seen their share price plummet this year and have decided to join forces, “Calcalist” …



A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...