logo
SemiDrive to supply EV cockpit chips to European carmaker as Chinese firms go global

SemiDrive to supply EV cockpit chips to European carmaker as Chinese firms go global

Chinese automotive chip firm SemiDrive will start supplying its cockpit system-on-a-chip (SoC) to an undisclosed European carmaker late next year, marking its first collaboration on the continent to push for global sales, a senior executive said.
Advertisement
The chips would be used in several of the carmaker's models including sedans and SUVs produced and sold in the Europe, Middle East and Africa region, general manager Eugene Wang said. The vehicles were expected to feature its X9 SoC, which integrates high-performance CPUs, GPUs, AI accelerators and video processors designed for advanced cockpit applications, he added.
'It will be the first time we supply our chips to foreign OEMs [original equipment manufacturers] in their mass-produced vehicles overseas,' Wang said on the sidelines of the four-day International Automotive & Supply Chain Expo in Hong Kong. 'Striving to be a top global chip supplier, we need to expand from the China market to the global market.'
SemiDrive, founded in 2018, specialises in developing high-performance automotive-grade chips for smart cockpits and microcontroller units (MCUs). SAIC Motor, Sequoia Capital, Walden International and Matrix Partners participated in its fundraisings since 2019. The firm is based in Nanjing in the eastern province of Jiangsu.
It has produced four chip series to date, including the X9, the smart-driving chip V9, the central-gateway chip G9 and the high-performance MCU E3. The firm has supplied more than 8 million chips since 2021, used in more than 100 models produced by Chery Auto, Chang'an Auto, SAIC Motor, GAC, BAIC and Li Auto, Wang said.
Advertisement
Fewer than 10 per cent of these chips were used in vehicles bound for export markets, Wang said. As such, the tie-up with the European carmaker represented a significant milestone in its global expansion plans as the company aims to 'connect with foreign carmakers and reach a bigger marketplace', he added.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How Hong Kong firms are weeding out ‘perfect' job candidates in age of AI
How Hong Kong firms are weeding out ‘perfect' job candidates in age of AI

South China Morning Post

time3 hours ago

  • South China Morning Post

How Hong Kong firms are weeding out ‘perfect' job candidates in age of AI

The popularity of artificial intelligence (AI) tools has created so many 'perfect' job applicants that companies in Hong Kong are choosing more in-person interviews and stepping up scrutiny of potential hires, a leading recruitment consultancy has said. Advertisement Faye Walshe, global director of innovation and AI at Robert Walters, said its clients were shifting to physical face-to-face interviews to screen candidates, given the rise of AI tools that jobseekers could use. Citing her interactions with the firm's clients in the city, Walshe said many of them were more heavily scrutinising applications and would have to decide whether they were 'too perfect' and if AI had been employed. 'The trend that we are seeing is that more and more of those companies are putting in-person, face-to-face interviews in place, so that they can actually make sure they are making a connection with a human being,' she said. According to a Robert Walters Salary Survey released earlier this year, two-thirds of professionals polled in Hong Kong were already using AI in their daily work, with those involved in copywriting or research often leaning on the tool. Advertisement Walshe said jobseekers and employers could use many AI tools on the market. For instance, professional networking platform LinkedIn provided tools that allow recruiters to draft job advertisements and messages to candidates using AI.

China's rolls out official ‘property supermarkets' to support creaking housing market
China's rolls out official ‘property supermarkets' to support creaking housing market

South China Morning Post

time3 hours ago

  • South China Morning Post

China's rolls out official ‘property supermarkets' to support creaking housing market

With another decline in housing prices in May and sentiment among buyers remaining subdued, Chinese authorities are rolling out 'property supermarkets', which are online or offline hubs where consumers can view homes. Chengdu last week became the latest city to launch a homebuying platform in an effort to make homebuying more transparent and efficient. The capital of southwestern China's Sichuan province partnered with nearly 30 state-owned and private developers to feature more than 50 projects on a mobile app that allows users to contact developers and track sales. Such platforms are part of a broader push to revive China's flagging property sector. Similar initiatives have been rolled out in cities like Suzhou in China's eastern Jiangsu province, where second-hand listings were included on the apps and physical storefronts were set up to attract buyers. The eastern province of Shandong urged wider adoption of such supermarkets in February, and the city of Weihai unveiled its version last week, with a local bank leading the efforts, bypassing property agents. 'While not a completely new concept, more local governments are accelerating the launch of property supermarkets to better align housing supply and demand,' said Yan Yuejin, vice-president of consultancy E-House China Real Estate Research Institute in Shanghai. 'The main advantage of these centrally managed platforms lies in their trustworthiness and authority, as listings are vetted by local governments to minimise false promotions and reduce the risks of information asymmetry.' The characteristics of the housing supermarkets vary by region. In some cases, only residents holding a housing voucher – a policy tool that provides subsidies to those relocated under urban redevelopment initiatives – are allowed access. There is no centralised data on how many units have been sold through this method. The model could help improve transaction efficiency by consolidating information that was previously scattered across unofficial platforms and by bundling services such as mortgage applications, tax support and property registration, Yan said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store