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Shares of Tianyu Semiconductor Technology surged more than 8% on Monday, as Chinese investors cheered a strategic alliance between the Chinese firm and a South Korean specialist backed by Samsung Electronics. The move highlights how established global tech giants are continuing to foster deep, cross-border ties with Chinese semiconductor players, even as Western governments attempt to ring-fence the industry. Tianyu Semiconductor (02658.HK) saw its stock climb to 47.16 Hong Kong dollars in midday trading, at one point gaining more than 10%. The rally was ignited by the firm’s ongoing partnership with EYEQ Lab Inc., a leading South Korean player in…
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