On April 4, Tsinghua Unigroup's H3C Group signed an agreement with Chengdu Hi-tech Zone to establish H3C Semiconductor Technology Co., Ltd. in Chengdu Hi-tech Zone and invest in operating a chip design and development base.
Image source: H3C
It is reported that the total investment of the project is about 5 billion yuan. According to the signed agreement, H3C's chip design and development base will focus on the world's cutting-edge chip technology to carry out research and development, provide high-performance high-end router products and solutions, and gradually expand to the Internet of Things and artificial intelligence chip development business.
H3C is an industry-leading digital solution provider. It has maintained a leading position in the Chinese enterprise network market for many years and ranks first in the domestic market in many fields such as enterprise-level wireless networks, security hardware, government cloud, network management, and cloud management.
Regarding the strategic planning of H3C Semiconductor Technology Co., Ltd., Yu Yingtao, Co-President of Tsinghua Unigroup and CEO of H3C, said that H3C Semiconductor Technology Co., Ltd. will start chip business from a high starting point and will start independent research and development of chips in other cutting-edge fields such as artificial intelligence and the Internet of Things in due course. In the future market competition, H3C will continue to adopt the solutions of commercial chip partners with leading global technology, while integrating supporting chips for independent innovation solutions as needed.
You Xuejun, co-president and chief technology officer of H3C Group, said that the establishment of H3C Semiconductor Technology Co., Ltd. will help H3C maintain its top two market share in China's high-end router market and enable it to move towards a leading position in the high-end router market for global operators and enterprise networks.
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