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Shanghai Composite
Over the past 12 months, Loongson Technology Corp Ltd has underperformed Shanghai Composite, delivering a return of +21% compared to the Shanghai Composite's +24% growth.
Stocks Performance
688047 vs Shanghai Composite
Performance Gap
688047 vs Shanghai Composite
Performance By Year
688047 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Loongson Technology Corp Ltd
Glance View
Loongson Technology Corp Ltd., a noteworthy player in China's growing tech landscape, emerged as a strategic response to the nation's desire to cultivate a domestic semiconductor industry. Established in 2002, Loongson has been intricately weaving its narrative around the development of homegrown processors. As the drumbeat of technology advancement intensified globally, Loongson positioned itself to challenge the status quo dominated by international giants like Intel and AMD. The company centers its operations on designing and manufacturing microprocessors that power computers, servers, and other devices, with a keen focus on delivering solutions tailored to the unique needs of the Chinese market. Leveraging its expertise in RISC architecture, Loongson's processors are designed to provide robust performance while offering energy efficiency—key attributes that ensure competitiveness in sectors ranging from consumer electronics to governmental systems. Loongson's financial engine is driven by its ability to capitalize on China's strategic policy support for domestically produced technology. The company generates revenue through the sale of its processors and associated products, while also offering licensing opportunities for its proprietary technology. This approach not only assures a steady stream of revenue but also fosters a broader ecosystem of compatibility and adoption within the Chinese industry. Furthermore, Loongson's collaborations with local universities and research institutes fuel its innovation pipeline, ensuring that it remains at the cutting edge of processor technology. This combination of strategic partnerships, government support, and a focus on R&D allows Loongson not only to thrive financially but also to play a pivotal role in strengthening China's technological sovereignty.
