Midea Group will deploy automotive chip products, mass production of about 10 million chips in 2021

Midea Group will deploy automotive chip products, mass production of about 10 million chips in 2021

Recently, we learned from relevant sources that Midea Group will actively deploy automotive chips in addition to entering the field of other home appliance-related chip products such as power and power supplies. In 2021, about 10 million chips will be mass-produced, and chip production will continue to increase in the future.

Midea Group will deploy automotive chip products, mass production of about 10 million chips in 2021

Midea Group officially entered the chip field in December 2018. It established Shanghai Meiren semiconductor Co., Ltd. through its subsidiary Midea Innovation Investment Co., Ltd., which is a core platform with independent intellectual property rights for chip R&D and design capabilities. At present, the indirect shareholding ratio of Midea Group in Shanghai Meiren Semiconductor Co., Ltd. is 57.6923%.

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