Code semiconductor! BYD 40 million shares in Huada Beidou

category:Finance
 Code semiconductor! BYD 40 million shares in Huada Beidou


In this capital increase, BYD subscribed 4078974 yuan of capital contribution from Huada Beidou, thus holding 6.93% of its equity, becoming its third largest shareholder.

It is worth mentioning that before the investment, BYD itself has been in the semiconductor field for a long time.

According to the reporter of science and technology innovation board daily, BYD established the semiconductor business unit as early as October 2004, and has been committed to the development of integrated circuits and automotive power devices. BYD has been laying out IGBT since 2005. Up to now, it has become the largest IGBT manufacturer in China, accounting for more than 20% of the domestic automobile market.

As of June 15, BYD semiconductor has completed a + round of financing, introducing 30 strategic investors, including SK group, Xiaomi group, Lenovo Group, CITIC Industrial Fund, SMIC Juyuan, SAIC, BAIC and Shenzhen Huaqiang.

Since its own independent semiconductor business has entered the Bureau, what does BYD like about the latter?

Sci tech Innovation Board daily reporter contacted BYD, hoping to further understand the background and consideration of the investment in Huada Beidou. The company replied, there is no more information to disclose, please pay attention to the follow-up relevant announcement.

According to the official website, Huada Beidou focuses on navigation and positioning chips, algorithms and products. Its main business includes providing chips and application solutions for the civil consumer electronic market and the special terminal markets such as the national lifeline industry, automobile industry and Internet of things. In November 2019, the company completed a round of hundreds of millions of yuan of strategic financing, mainly for the development of a new generation of autonomous and controllable Beidou navigation and positioning chip.

Public information also shows that the Chinese big Beidou is the only Chinese mainland Chinas professional navigation and location chip manufacturer with ABIResearch ranking TOP10 in two consecutive years. In addition, the company has also developed and produced the worlds first multi system, multi frequency and high-precision SOC chip with a new generation of beidou-3 signal system, and has successfully produced the chip into domestic smart phones. In 2019, together with Huawei Hisilicon, it will be listed in the list of manufacturers of core components in the consumer market of GSAs 2019 annual market report. Resume is so dazzling, no wonder that BYD semiconductor, which makes core, invested in the stock. Whether Huada Beidou will be further linked with BYD semiconductor in the future remains to be followed up. Source: Science and technology innovation board daily editor: Yang Bin_ NF4368

Public information also shows that the Chinese big Beidou is the only Chinese mainland Chinas professional navigation and location chip manufacturer with ABIResearch ranking TOP10 in two consecutive years. In addition, the company has also developed and produced the worlds first multi system, multi frequency and high-precision SOC chip with a new generation of beidou-3 signal system, and has successfully produced the chip into domestic smart phones. In 2019, together with Huawei Hisilicon, it was listed in the list of manufacturers of core components in the consumer market of GSAs 2019 annual market report.

u201dResume is so dazzling, no wonder that BYD semiconductor, which makes core, invested in the stock. Whether Huada Beidou will be further linked with BYD semiconductor in the future remains to be followed up.