Chinese chip maker Loongson Technology goes public in Shanghai

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Chinese chip maker Loongson Technology went public on the STAR Market technology board on the Shanghai Stock Exchange on Friday, with the firm’s stock price rising by 48.3% as of publication. Based in Beijing, Loongson Technology began developing CPUs as early as 2001, and has premises in more than nine cities in China. At a conference in April, the firm’s chairman, Hu Weiwu, revealed plans to build out Windows-like experiences based on the company’s existing architecture tech. [ijiwei, in Chinese]

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