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China Mobile Establishes Chip Company

Updated:2021/7/9 10:19

According to China Mobile's WeChat official account OneChip, Xinsheng Technology Company, Ltd., a wholly-owned subsidiary of China Mobile's Internet of Things, officially operated independently in July 2021.

Statistics show, Xinsheng Technology was established in December 2020, with Xiao Qing as its legal representative and a registered capital of 50 million yuan. Its business sphere includes integrated circuit chip design, service and product manufacturing.

It is reported that in the future, Xinsheng Technology will follow China Mobile's overall reform layout of “Science Reform Demonstration Action”, undertake the mission of “creating chips to drive the internet of things and accelerating digital and intelligent transformation of the society”, resolve the bottleneck issue of chip cores while focusing on researching and developing China’s own chips and conduct product research and development, ecological construction and industry promotion, for the purpose of promoting the revitalization of the national integrated circuit industry.

 Source:C114
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