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China-backed IC designer Unisoc kicks off IPO process amid push for profitability

Unisoc (Shanghai) Technologies Co., Ltd. has filed IPO counseling documents with the China Securities Regulatory Commission (CSRC), signaling plans to list on the Shanghai STAR Market. Chinastarmarket.cn, citing sources familiar with the matter, reported the listing could occur in late 2025 or 2026. The company is still operating at a loss and is aiming to reach breakeven by 2025.