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Xiaomi breaks in active semiconductors

admin by admin
June 11, 2020
in IT news
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Xiaomi breaks in active semiconductors
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Xiaomi actively breaks in poluprovodnikami Saveliev | 15.07.2019

Xiaomi активно пробивается в полупроводники

Xiaomi has acquired about 6% stake in chipmaker VeriSilicon Holdings, thereby supporting the reorganization of its strategy, in which she sees semiconductors the innovation center.

According to documents submitted to the Chinese Commission on regulation of securities market (China Securities Regulatory Commission, CSRC), Xiaomi in June became the second largest external
shareholder VeriSilicon. The largest was the so-called “Big Fund” (China’s national Fund for the development of the domestic semiconductor industry).

The company has invested its funds after the initiative “Made in China 2025” the government has identified the chips as one of the sectors in which it wants to make China more
self. Xiaomi information about the purchase confirmed, but the size of the attachments none of the parties are not disclosed.

Xiaomi created its unit for the production of semiconductors in 2014. Three years later it announced its first development – S1 Surge, which was used in the Xiaomi Mi 5. However
the wide spread of the chip is not received.

To APR about division, there was no news, while in the internal documents of the company, it has not been mention of the plans to separate him and is focused on the development of chips for IoT devices
making a part of their “daughter” of the Big Fish.

Similar steps taken by many organizations, including from the trade war. For example, there is a Huawei subsidiary HiSilicon, which produces chips Kirin. The holding company Alibaba Group has
C-Sky, which it acquired last year and whose first chip for artificial intelligence and IoT devices expected in the second half of 2019.

Source: reuters.com

Investment, business in China

Journal: Journal IT-News, Subscription to magazines

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