China-based automaker SAIC Motor announced CNY6 billion auto chip fund, focusing on 6 sectors

Digitimes
Apr 16, 2023, 10:40 pm221 pts
At an industrial summit held in Shanghai on April 15, China-based automaker SAIC Motor Corp. announced a CNY6 billion fund dedicated to automotive semiconductor ecosystem, focusing on six sectors of automotive ICs. In addition, the fund will partner with Shanghai Industrial Technology Research Institute (SITRI)…

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