China's electronic design automation (EDA) sector is seeing another significant M&A move. Primarius Technologies, a listed EDA firm, said it will acquire 100% of Chengdu Analog Circuit Technology (ACTT/Ruichengxin Micro) and a 45.64% stake in Naneng Micro for about CNY2.174 billion (approx. US$305 million) via a combination of share issuance and cash.
On the evening of September 25, Xiaomi founder and CEO Lei Jun took the stage for his sixth annual keynote, titled simply: "Change." But behind the polished presentation was the story of a company that nearly walked away from one of the most defining — and divisive — decisions in its history: whether to build its own smartphone chips, or abandon the dream for good.
Shanghai Zhaoxin Semiconductor has scored a breakthrough in China's healthcare sector. On September 23, the x86 chipmaker announced that over 6,000 of its processor-powered desktops won a major hospital procurement bid, an important step for Chinese x86 CPUs in mission-critical medical deployments.
