ChipsTechNode7 months ago
Baidu weighs spin-off and separate listing of Kunlunxin chip unit
1 min read
Baidu told the Hong Kong stock exchange that media reports of a planned Kunlunxin spin-off are inaccurate. The company is assessing a potential spin-off and separate listing of the chip unit, subject to regulatory approvals. Kunlunxin raised independent funding in 2021 at a valuation of about RMB 13 billion.
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