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Hygon absorbs Sugon in US$16.2 billion share swap to forge China's full-stack compute giant

Levi Li, DIGITIMES Asia, Taipei 0

Credit: AFP

Chinese processor developer Hygon Information Technology and supercomputing firm Dawning Information Industry Co. (Sugon) unveiled a CNY116 billion (US$16.2 billion) share-swap merger plan on June 9, 2025. Under the deal, Hygon will acquire Sugon by...

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