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Chinese chip maker Loongson Technology goes public in Shanghai

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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