Xiaomi set up a new company with 1.5 billion yuan in Shanghai, business scope including integrated circuit chip design

①Xiaomi 1.5 billion established a new company in Shanghai. The business scope includes integrated circuit chip design.

According to Tianyan Check, Shanghai Xuanjie Technology Co., Ltd. was established with a registered capital of 1.5 billion yuan. Zeng Xuezhong served as its executive director, general manager and legal representative; Liu De served as a supervisor. The company’s business scope includes integrated circuit chip design and services; integrated circuit chips and Product sales; sales of semiconductor discrete devices; technical services and technology development in the fields of Electronic technology, communication technology, information technology, and semiconductor technology are wholly-owned by X-Ring Limited.

②Volkswagen expects the overall supply of automotive chips to improve slightly next year

According to foreign media reports, Volkswagen said that tight chip supply will continue to challenge the company at least in the first half of 2022, but the overall situation will improve slightly next year. The company is still trying to minimize the impact of structural shortage of semiconductors on production, and is cooperating with semiconductor manufacturers and suppliers to alleviate supply shortages.

③ Ziguang Zhanrui and China Unicom Research Institute cooperate to develop the world’s first 5G module multi-slicing solution

This solution integrates the processes of URSP data analysis, PDU session establishment, TD and specific slice mapping, and strategic routing configuration that were originally required on the terminal side to be completed within the module, which greatly reduces the development and investment on the terminal side. The launch of this innovative solution means that it has opened up the last mile of the application of 5G network slicing technology in thousands of industries and will accelerate the application of 5G in vertical industries. It is understood that 5G network slicing is to cut a physical network into multiple virtual networks to adapt to the requirements of a large number of terminals in different scenarios. Slicing technology allows 5G networks to be more closely integrated with different vertical industries, and provides more efficient and secure services with its exclusive features.

④ Hyundai Motor plans to invest 530 million U.S. dollars to launch 6 electric vehicles in India by 2028

According to the Nikkei Asian Review, Hyundai Motor of South Korea said it plans to invest US$530 million to launch six electric vehicles in India by 2028. Taren Gag, the marketing director of Hyundai Motor India, said that Hyundai Motor will launch its first electric vehicle (EV) in 2022, and will successively launch economical and high-end electric vehicles, including sport utility vehicles (SUVs) and sedans. car. Gag told Reuters that Hyundai hopes to become a key contributor to India’s electric vehicle industry.

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