Chinese Tech Giant Baidu to Spin Off AI Chip Subsidiary Kunlunxin for Hong Kong Listing Amid Chip Boom

viernes, 2 de enero de 2026, 12:11 am ET1 min de lectura
BIDU--

Baidu plans to spin off its AI chip subsidiary, Kunlunxin, and list it in Hong Kong. The move aims to align with Baidu's strategy to highlight Kunlunxin's standalone potential and attract sector-specific investors. Kunlunxin's revenue is projected to exceed 3.5 billion yuan last year, and its sales are expected to account for more than half of its revenue in 2025. The spin-off comes amid Beijing's push for semiconductor self-sufficiency and US-China tech tensions.

Chinese Tech Giant Baidu to Spin Off AI Chip Subsidiary Kunlunxin for Hong Kong Listing Amid Chip Boom

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