Geely and Foxconn set up joint venture for chip making in Shandong

Geely and Foxconn established a joint venture, Shandong Fujikang Intelligent Manufacturing Co., Ltd., in Zibo, Shandong province on December 27, 2021, with a registered capital of 100 million yuan, each holding 50% shares, to manufacture intelligent vehicle equipment, power electronic components, and integrated circuit chips.

“Geely and Foxconn have agreed to establish a new joint venture for chip-making.”carnewschina.com

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• carnewschina.comGeely and Foxconn set up joint venture for chip makingBasith RahmanJan 4, 2022

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