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From oil to chip: China's Heshun Petro makes an unexpected US$220M leap into semiconductor IP

Levi Li, DIGITIMES Asia, Taipei 0

Hunan Heshun Petroleum Co. announced a controlling acquisition of MSquare Technology, a Shanghai-based semiconductor IP and chiplet-interconnect developer. The November 16, 2025, disclosure marks the fuel distributor's move beyond its energy roots and...

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