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Xiaomi takes a stake in smart car chip company Kangzhi Integration

Xiaomi officially announced the production of cars in March last year and has invested in a number of related companies so far.

In November last year, Beijing Economic and Technological Development Zone signed a “cooperation agreement” with Xiaomi Technology, announcing that Xiaomi Auto would be located in Beijing Economic and Technological Development Zone.

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The Qichacha App shows that Xiaomi has recently made another move to invest in Kangzhi Integrated Circuit (Shanghai) Co., Ltd.

Kangzhi Integrated Circuit (Shanghai) Co., Ltd. has undergone industrial and commercial changes, and its shareholders have added Hubei Xiaomi Changjiang Industrial Fund Partnership Enterprise (Limited Partnership).

Zhuhai Gejin Guangfa Xinde Intelligent Weaving Industry Investment Fund (Limited Partnership) and many other partnerships. The registered capital From approximately RMB 1,627,000 to approximately RMB 1,844,100.

Moreover, the company introduction shows that Kangzhi Integrated Circuit (Shanghai) Co., Ltd. is a chip design expert who is well-informed in Silicon Valley and returned to China to start a business, and is invested by the world’s top venture capital Walden International.

The company focuses on real-time high-definition video Transmission chips; deep learning + augmented reality + visual computing SoC chip, used in the field of smart cars. The world’s top team in deep learning, visual computing/video processing, and ultra-large-scale SoC chip design; the goal is to become the leader of China’s smart car chips.

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