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SAIC Motor and the Institute of Industry and Research jointly launched a special fund for domestic automobile chips with a scale of billions of yuan

Shanghai Securities News China Securities Network News (reporter Yu Liyan) SAIC Motor Group officially announced on January 27 that it will carry out strategic cooperation with the Shanghai Microtechnology Industry Research Institute (Institute of Industry and Research) and jointly initiate the establishment of a multi-billion yuan scale "domestic automobile chip special fund", as a link to connect their respective advantageous resources, jointly promote the speed of the landing of the vehicle-level "Chinese core", and ensure the supply of the automotive industry chain and supply chain. The fund will actively promote the research and development and production of high-performance automotive chips, as well as investment in automotive electronics entrepreneurial projects, and will become an open platform in the future to attract more social funds to participate.

According to a relevant person from SAIC Motor Group, after years of development, China has become the world's largest automobile market, the trend of electrification and intelligence has promoted a significant increase in demand for automotive chips, and the "Chinese core" on the automobile has become a key area of the domestic automotive industry.

As a leading automobile enterprise in China, SAIC Motor Actively aims at the commanding heights of the future development of the industry, and will invest 300 billion yuan in innovative fields such as intelligent electric during the "14th Five-Year Plan" period to transform into a high-tech enterprise in an all-round way. In the field of automotive chips, SAIC Motor has promoted the development of 75 chips and entered the mass production and application of the whole vehicle; at the same time, it has empowered technological innovation with industrial investment, invested in more than ten chip companies such as Horizon, Amlogic Semiconductor, Xinti Technology, and Xinwang Microelectronics, and continuously accelerated the layout of the automotive chip industry chain.

In order to further enhance the modernization level of the industrial chain, SAIC Motor and the Institute of Industry and Research initiated the establishment of the Automotive Chip Engineering Center, which will continue to unite with the partners of the automotive and integrated circuit industry chains to jointly build a public platform for the design and pilot test of automotive-grade chips, and rely on the "Domestic Automotive Chip Special Fund" to actively promote the vehicle-grade chip mass production line project and create a future-oriented automotive-grade integrated circuit ecosystem.

SAIC Motor and the Institute of Industry and Research jointly launched a special fund for domestic automobile chips with a scale of billions of yuan

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