Uniontech Software, a Chinese startup that makes Linux-based operating systems, raises $168.2M

new.blicio.us Follow Dec 25, 2020 · 1 min read
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China had never really been notorious for operating system development up until recently, now that the country is looking to break free from Western tech.

Uniontech is a commercial software development company behind a Linux-based operating systems designed for the domestic Chinese market. In an initial round of unding led by led by the state-owned investment firm Beijing E-Town International Investment & Development, they managed to garner the equivilant of $168.2 million to further expand into the IoT market.

The company’s chairman Wang Jiping said at a company event on Wednesday that Uniontech plans to move towards an initial public offering (IPO) on China’s STAR Market in the next few years.

Another notable attempt for China to create a Linux-based operating system is Red Flag Linux, a state-funded & communist-themed platform that was quite the opposite of Uniontech’s free-market product.

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