Longsys Founder Bets Big on R&D to Ride AI Memory Wave

Longsys Electronics Founder Cai Huabo announced that 78 percent of proceeds from a recent funding round will be allocated to research and development as the company transitions from a module manufacturer to a semiconductor memory brand. Longsys plans expansion in Brazil, Europe, and the United States. The company stated its goal is to shift away from price-based competition in the industry.

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