On August 29, StarChip Technology unveiled its intention to acquire a 53.3087% equity stake in Shanghai Furuikun Microelectronics Co., Ltd. for a cash consideration of RMB 214 million. Upon successful completion of this transaction, Furuikun will become a controlled subsidiary of StarChip Technology. This strategic acquisition is designed to bolster StarChip's capabilities in the realms of connectivity, audio processing, and low power consumption, thereby infusing its core chip IP platform with an integrated "sensing + computing + connectivity" competitiveness. The move aims to establish StarChip as a leading player in the industry, boasting a comprehensive and self-developed SoC IP platform.