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The Week in Review: IoT


Finance SenseTime of Beijing, China, received $620 million in Series C+ funding, valuing the company at more than $4.5 billion. Alibaba Group led the new funding, as it did with last month’s Series C round of $600 million. Qualcomm, an existing investor, participated in the latest round, along with new investors Fidelity International, Hopu Capital, Silver Lake Partners, and Tiger Global. Se... » read more

U.S. Fab Investments Rise


Thin Film Electronics is opening a chip fabrication facility in San Jose, Calif., that will produce devices on rolls of flexible materials, using technology similar to inkjet printing, rather than the standard semiconductor production equipment geared toward silicon wafers. At the same time, Samsung Electronics and GlobalFoundries are expanding their wafer fabrication plants in Austin, Texas... » read more