By FDI Creative Services on 04/20/2018
Category: Security News

Alibaba buys Chinese chipmaker to aid IoT biz, help drive local chip sector

SHANGHAI (Reuters) - E-commerce titan Alibaba Group Holding Ltd has bought a Chinese microchip maker to further its cloud-based "internet of things" (IoT) business, underscoring its commitment to the chip industry, an Alibaba spokeswoman said on Friday.

Related Posts