Xiaomi's fund invests in car controller chip developer Flag Silicon Semiconductor.

According to the Qichacha APP, recently, Suzhou Qixin Micro Semiconductor Co., Ltd. has undergone a business change, with Beijing Xiaomi Smart Manufacturing Equity Investment Fund Partnership Enterprise and others added as shareholders, while the registered capital has increased to 15.4639 million yuan. Information from Qichacha shows that the company was established in 2020, with business scope including: sales of semiconductor device specialized equipment; sales of discrete semiconductor devices; sales of artificial intelligence hardware; sales of integrated circuits, etc. According to its official website, the company is engaged in the research and sales of high-end controller chips for automobiles.