Canaan Inc. researches, develops, designs, and sells integrated circuits as well as bitcoin mining equipment and related components. It is also involved in the assembly and distribution of mining equipment and spare parts, and in the mining business. The company operates in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.