Beijing (Gasgoo)- Wuhan AutoChips, a wholly controlled subsidiary of Hefei AutoChips, has completed its angel financing round with RMB100 million raised and Chinese smart phone maker OPPO was the strategic leading investor, and Oceanpine Capital also participated this round. China’s mapping and smart mobility company NavInfo announced on Thursday. Hefei AutoChips is owned by NavInfo.
Photo credit: Wuhan AutoChips
Core products of Wuhan AutoChips are automotive MCUs, which can be applied to vehicle body control, BMS, OBC, ABS and T-BOX. At the end of 2018, Wuhan AutoChips started to produce the AC781x series, which, developed in house, can work at a temperature range of -40℃ to 125℃.
In 2020, the company launched the AC7801x series. Currently, it is accelerating the development of its MCUAC7840x series, which can meet ISO26262 function safety standard and will come into the market in the near future.
Thanks to its technology breakthroughs, Wuhan AutoChips has received great attention. In 2021, the company has entered into partnership with over 100 key customers in the industry, including Changan Auto, Great Wall Motor and numerous Tier 1 suppliers.
As new players of automotive industry, OPPO has reportedly applied for many patents in autonomous driving, vehicle connectivity, and vehicle control as well as establishing partnership with such automakers as Li Auto, SAIC, NIO, BYD, Changan.
Source: Wuhan AutoChips
