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Ohio startup raises $14 million to onshore cellular module manufacturing

China's Quectel is one of the world's largest manufacturers of IoT cellular modules, a key chip component, with nearly a 40% market share. Now it's licensing out its manufacturing tech and source code to an Ohio-based startup called Eagle Electronics, in a reversal of how these cross-border relationships have traditionally worked. Why it matters: This [...]

December 4, 2024|News|
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