Automotive Mar 09, 2022 02:01 PM (GMT+8) · EqualOcean
Yiou automobile on March 9, today, the automobile chip enterprise Hubei Xinqing Technology Co., Ltd. (hereinafter referred to as Xinqing Technology) announced that it had obtained hundreds of millions of yuan of strategic investment from China First Automobile Group Co., Ltd. (hereinafter referred to as China FAW). It is reported that the funds will be used for the R & D and deployment of more advanced chips. Xinqing technology and China FAW will cooperate in the field of vehicle specification level and high computing power chips, improve the independent innovation of FAW Group's brand cars in the fields of intelligent cockpit and automatic driving, and jointly promote the localization process of automobile chips. On December 10 last year, Xinqing technology released the first domestic vehicle gauge grade 7Nm intelligent cockpit chip "longying 1", which filled the gap of domestic 7Nm vehicle gauge chip and will be mass produced in the third quarter. This acquisition of FAW investment will also accelerate the further development of core engine technology.