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November 18, 2019 
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Alibaba buys a chip design firm

Posted on Saturday, April 21 2018 @ 09:34:49 CEST by

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Earlier this week we wrote that Facebook is now making its own AI chips and now news hits the wire that Alibaba also has chip plans. The Chinese Internet giant bought C-Sky Microsystems, a Chinese firm that makes 32-bit embedded CPU cores.
As EE Times reported last year, even well before this acquisition was announced, C-Sky enjoyed a unique tie with Alibaba. As Xiaoning Qi, CEO of C-Sky, explained then, C-Sky was already the first chip company in the world to receive a sizable investment from Alibaba. C-Sky was founded in Hangzhou in 2001.
The firm's embedded CPU cores are aimed at the IoT market, and aren't intended for smartphones. Details about the financials of the deal or what Alibaba plans to do with the acquisition aren't known.

More at EE Times.



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