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Daily Core News
Issue
0119
❶Beijing
Hyundai successfully sold its Chongqing factory for 1.62 billion yuan
Recently, Beijing Hyundai sold its Chongqing factory to Chongqing Liangjiang New Area Yufu Industrial Park Construction Investment Co., Ltd. at the end of 2023 for 1.62 billion yuan. Beijing Hyundai's Chongqing factory was put up for sale in June last year and was successfully sold six months later. It was also the first time it was sold off six years after it was put into operation in 2017. Hyundai Motor uses this move to rationally adjust its factory operation model in China to improve efficiency. Hyundai Motor sells Beijing First Factory in 2021. As a result, its factories in China have been reduced from five to three. It is reported that Hyundai Motor may also sell its Changzhou plant. (PR Newswire)
❷Beilu
Intelligent Control: The company's autonomous driving robot has signed a pilot project with the customer, and the relevant progress is proceeding as planned
On January 18, Beilu Intelligent Control, as a representative enterprise, signed a cooperation agreement with Ordos Digital Economy Development Investment Co., Ltd. The company's self-driving robot has signed a pilot project with customers, and related progress is proceeding as planned; for other mine-type AI robots, the company has carried out iterative upgrades based on existing products and combined with the application needs of customers in the project. The upgraded products More competitive. (interface)
❸Qixuan
Technology completed tens of millions of Pre-B financing
Recently, Qixuan Technology completed tens of millions of Pre-B financing for Fuhua Growth, with a valuation of over 100 million US dollars. Qixuan Technology is a national high-tech enterprise specializing in the development of motion control software, robot motion control systems, and robot motion control platforms. The company has a number of invention patents and software works, and its mission is to make industrial robots simpler. (Science and Technology Daily)
❹Weichuang
Microelectronics completed Series B financing
Recently, Weichuang Microelectronics completed Series B financing. This round of investment was jointly led by Guangzhou Industrial Investment Capital and Haizhu Chengfa, and followed by Xinke Venture Capital and other institutions. Weichuang Microelectronics is a new display driver chip design and development company, focusing on the research and development of new display driver chips. Taking the rapid localization of OLED mobile phone screen driver chips as the entry point, the main product directions include AMOLED, Micro-LED, Si- OLED etc. Products are widely used in mobile phones, wearable watches, vehicles, AR glasses and other scenarios. (Science and Technology Daily)
❶BYD
will invest US$1.3 billion in Indonesia to build a car factory with a production capacity of 150,000 vehicles
Recently, Indonesian Minister of Economic Coordination Airlangga Hartarto said on January 18 that BYD will invest US$1.3 billion to build a factory in Indonesia with a production capacity of 150,000 vehicles. On the same day, BYD launched three electric vehicles in Indonesia. (Interface News)
❷Tesla
expands 4680 battery production capacity and imports Chinese battery cathodes
Recently, Tesla began to purchase cathode rolls (components of battery cells) produced by two Chinese second-tier battery companies in the second half of 2023 and then shipped them to the Texas factory in the United States to produce 4680 batteries. The two companies were the suppliers chosen by Tesla after reviewing the cylindrical battery production lines of several Chinese power battery companies last year. The positive electrode roll accounts for about 35% of the cost of the entire battery cell. This practice of purchasing pole coils from China and then making them into batteries may continue until the third quarter of this year. A person close to Tesla said that Tesla’s battery supplier Panasonic will not start production of 4680 batteries in the third quarter of this year. (LatePost later)
❸TSMC
: The second wafer fab in Arizona, USA, has been postponed to 2027 at the earliest.
Recently, TSMC executives revealed at a financial report meeting that day that the company’s second wafer fab in Arizona, USA, will be put into production in 2027 or 2028, later than the previously expected 2026. TSMC announced in July last year that it would delay the start-up of its first wafer fab in Arizona due to a lack of skilled labor and high costs. TSMC expects the factory to mass-produce 4-nanometer chips in the first half of next year. (Titanium Media)
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