Cambricon Technologies, a semiconductor company invested by MegaChips Innovation, was established.

According to the QiChaCha app, recently, Changsha Cool-X Semiconductor Co., Ltd. was established, with Xu Wei as the legal representative and a registered capital of 30 million RMB. Its business scope includes integrated circuit chip design and services, integrated circuit chip and product sales, electronic product sales, and smart car device sales. Equity penetration data from QiChaCha shows that the company is wholly owned by Hefei Cool-X Microelectronics Co., Ltd., which is jointly held by Zhaoyi Innovation and others.