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Alibaba Acquires Chinese Microchip Manufacturer

April 20, 2018
Alibaba
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Alibaba Acquires Chinese Microchip Manufacturer

April 20, 2018
To expand its Internet of Things (IoT) business, Alibaba Group has acquired a Chinese microchip maker. The eCommerce retailer purchased Hangzhou C-SKY Microsystems, which supplies central processing unit (CPU) cores, CNBC reported. An Alibaba spokesperson said in a statement, “Alibaba aims to empower different industries through our cloud-based IoT solutions, in which chips play a […]