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Sugon Establishes Shenzhen Subsidiary for Chip Manufacturing and Sales

Published: Updated: By 24TopNews Editorial Desk

Sugon, a Chinese high-performance computing firm, has incorporated a wholly owned subsidiary in Shenzhen. The new entity, Sugon Information Industry (Shenzhen) Co. , Ltd. , will engage in integrated circuit chip manufacturing and sales, data processing and storage support services, and network and information security software development, according to business registration records.

Sugon Information Industry (Shenzhen) Co. , Ltd. has been recently established. Business registration information shows that the company's scope of operations includes the manufacturing and sales of integrated circuit chips and related products, data processing and storage support services, and the development of network and information security software. The new subsidiary is wholly owned by Sugon.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 3 industrys. The strongest current signal is positive for Semiconductor Value Chain, with intensity 50/100 and 70% confidence over a medium term horizon.

Technology · 10.1

Semiconductor Value Chain

Direction
positive
Intensity
50
Confidence
70%
Horizon
Medium term
Effective impact +21
Technology · 10.3

Cloud Services & Data Centres

Direction
positive
Intensity
40
Confidence
70%
Horizon
Medium term
Effective impact +17
Technology · 10.7

Enterprise Software

Direction
positive
Intensity
30
Confidence
60%
Horizon
Medium term
Effective impact +11

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.