Huawei acquires more stake in a chip design company


Huawei logo

According to Enterprise Check App, Shanghai Akasi Microelectronics Technology Co., Ltd., a chipmaker in China has some recent industrial and commercial changes. The report shows that Shanghai Akasi Microelectronics Technology Co., Ltd. has a new shareholder, Hubble Technology Investment Co., Ltd. However, Hubble Technology Investment Co. is an associate of Huawei Investment Holdings to the tune of almost 100%. This means that Huawei is practically the owner of this company.

Huawei

According to the enterprise check, the business scope of Shanghai Akasi Microelectronics Technology Co., Ltd. includes technology development, technical consulting, technical services, technology transfer, software development, software sales, integrated circuit chip, and product design. Shanghai Akasi Microelectronics Technology Co., Ltd. was established in May 2020. Its legal representative is Yuan Jian.

Huawei is continuously expanding its involvement in the chip manufacturing industry. However, there is no indication that this company will be making smartphone chips. Presently, there is a global chip shortage and it cut across all industries. In fact, smartphones appear to be the least affected. With the preponderance of smart cars, there is a need for more chip companies. This is because a single smart car uses a plethora of smart chips.

As of now, Huawei already has a consumer base for smart car chips. However, Huawei has stated over again that it will not have its own branded cars. Nevertheless, there will be cars with Huawei branding on the inside. Furthermore, Huawei will also sell some of its jointly made cars.

Huawei is also recruiting a large number of chip talents globally

It appears that the Chinese manufacturer is not only investing in chip-making companies. It is also actively recruiting chip engineers. According to recent reports, Huawei is on a mission seeking to hire chip engineers. The focus of the recruitment is not just in China but globally. The company is looking at engineers in Munich, Istanbul, and Canadian software developers of artificial intelligence researchers. In addition, hundreds of doctoral students in mainland China and overseas work for it.

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Huawei car sub-brand

Judging from the vacancies that Huawei has opened on various talent recruitment platforms, it is completely aimed at fields such as artificial intelligence algorithms, autonomous driving, software, and computing infrastructure.

Furthermore, Huawei is also actively deploying in many areas of the chip industry. As of June this year, Nikkei has analyzed data from mainland Chinese companies and found that Huawei has invested in another 10 chip-related companies. Huawei declined to comment when interviewed by Nikkei on its investment strategy.

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