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CAN vs SQNS

Canaan Inc. American Depositary Shares and Sequans Communications S.A. American Depositary Shares (each representing one hundred (100) Ordinary Shares)

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Canaan Inc. American Depositary Shares

Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

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Sequans Communications S.A. American Depositary Shares (each representing one hundred (100) Ordinary Shares)

Sequans Communications S.A., together with its subsidiaries, engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband internet of things markets. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated system-on-chip solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including tools to enable manufacturers to integrate solutions into their devices; and design support services. It serves OEMs and ODMs customers, as well as 4G and 5G wireless carriers. The company operates in China, Taiwan, the rest of Asia, Germany, the United States, and internationally. Sequans Communications S.A. was incorporated in 2003 and is headquartered in Paris, France.

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