Domestic automotive chips receive hundreds of millions of yuan in financing

SDIC recently announced a strategic investment of hundreds of millions of yuan in Jinglue Semiconductor to accelerate its R&D and mass production of in-vehicle Ethernet chips. As autonomous driving is upgraded to L3/L4, the amount of data per vehicle has increased dramatically (4TB per hour at L4), and traditional in-vehicle networks are facing challenges. Jinglue Semiconductor's self-developed Gigabit PHY chip has passed automotive certification and has been installed in more than one million models of BYD, Geely and other vehicles, achieving a domestic breakthrough.