# Geely and Foxconn incorporate chip making joint venture in China

Geely Holding and Foxconn's Shenzhen subsidiary co-established Shandong Fujikang Intelligent Manufacturing Co., Ltd., a joint venture for automotive semiconductor manufacturing. Each holds a 50% stake with a registered capital of RMB 100 million.

- Type: Partnership
- Announced: 2021-12-27
- Where: Shandong, China
- Value: $15.7M (100.0M CNY)
- Status: announced
- Products: automotive semiconductors, integrated circuit chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Foxconn](https://endata.com/companies/15170.md) (partner)
- [Geely Holding](https://endata.com/companies/25757.md) (partner)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/geely-foxconn-incorporate-chip-making-joint-venture-70019451), 2021-12-30: "Geely Holding and Foxconn's Shenzhen subsidiary have co-established an automotive semiconductor manufacturing company, Shandong Fujikang Intelligent Manufacturing Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.