{"id":134577,"date":"2025-05-27T00:34:10","date_gmt":"2025-05-27T00:34:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/134577\/"},"modified":"2025-05-27T00:34:10","modified_gmt":"2025-05-27T00:34:10","slug":"sugon-hygon-merger-is-latest-sign-of-consolidation-in-chinas-computing-sector","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/134577\/","title":{"rendered":"Sugon, Hygon merger is latest sign of consolidation in China\u2019s computing sector"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Chinese supercomputer maker Sugon and chip designer Hygon Information Technology have announced a merger plan, marking the latest consolidation in the country\u2019s high-performance computing sector amid US export restrictions.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Under the proposed deal, Hygon will absorb Sugon shares through a stock swap agreement and issue new mainland China-listed shares to Sugon\u2019s shareholders, according to their stock exchange filings on Sunday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">To avoid fluctuations in share prices from the deal, both companies\u2019 Shanghai-listed shares would be suspended for up to 10 trading days starting Monday, according to the filings, which did not disclose the amount of money involved.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The merger marks a major move to consolidate two of the leading players in China\u2019s computing supply chain.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Hygon, which was founded in 2014, specialises in the design of central processing units (CPUs) and so-called deep computing units, an accelerator card specially designed for artificial intelligence (AI) and deep learning.<\/p>\n<p><img decoding=\"async\" alt=\"This photo taken on May 24, 2023 shows engineers working at the Wuhan Supercomputer Centre in China\u2019s central Hubei province. Photo: AFP\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/f962aeba-ee11-4491-88ae-01d1b9f37295_32afda76.jpg\" title=\"This photo taken on May 24, 2023 shows engineers working at the Wuhan Supercomputer Centre in China\u2019s central Hubei province. Photo: AFP\"\/>This photo taken on May 24, 2023 shows engineers working at the Wuhan Supercomputer Centre in China\u2019s central Hubei province. Photo: AFP<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The company is seen as an important player in the country\u2019s push for semiconductor self-sufficiency, with analysts suggesting its products could become an alternative for AI chips from Nvidia, which have come under tighter export restrictions from the US.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese supercomputer maker Sugon and chip designer Hygon Information Technology have announced a merger plan, marking the latest&hellip;\n","protected":false},"author":2,"featured_media":134578,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3164],"tags":[29497,1942,3284,9104,8252,59104,3359,59105,59106,53,16,15],"class_list":{"0":"post-134577","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-ai-chips","9":"tag-artificial-intelligence","10":"tag-computing","11":"tag-computing-power","12":"tag-high-performance-computing","13":"tag-hygon","14":"tag-nvidia","15":"tag-sugon","16":"tag-supercomputers","17":"tag-technology","18":"tag-uk","19":"tag-united-kingdom"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/134577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=134577"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/134577\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/134578"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=134577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=134577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=134577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}