Recent #Unicorn news in the semiconductor industry

5 months ago

➀ Zongmu Technology, a leading intelligent driving company, has fallen into a state of shutdown, leaving over 700 employees unemployed.

➁ The company has struggled with employee wage issues since November 2024 and has seen high-level management departures.

➂ Despite securing 9 rounds of financing totaling 2.247 billion yuan, Zongmu Technology has failed to turn a profit, leading to its current predicament.

IPOIntelligent DrivingUnicorn
11 months ago
➀ Xiangdixian, a Chongqing-based GPU unicorn, has issued a clarification denying rumors of 'total dissolution'. The company states it is not dissolving or liquidating but is optimizing its organizational structure and personnel to adapt to market and strategic changes. ➁ The company is actively seeking external financing opportunities and remains confident in the future of domestic GPU development. ➂ Xiangdixian's founder, Tang Zhimin, is a renowned expert in high-performance processors and has led significant projects in the field.
FinanceGPUUnicorn