Chinese Tech Giant Baidu to Spin Off AI Chip Subsidiary Kunlunxin for Hong Kong Listing Amid Chip Boom
ByAinvest
Friday, Jan 2, 2026 12:11 am ET1min read
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.
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