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WiMi Hologram Cloud Inc. announced that its wholly-owned subsidiary VIYI Technology has entered into a framework agreement to acquire 100% equity of Fe-da Electronics Company Pte Ltd, a Singapore-based IoT solutions provider, to accelerate its semiconductor chip business.
WiMi Hologram Cloud announced its Hong Kong subsidiary is setting up a joint venture to develop semiconductor business, aiming to integrate holographic 3D vision software with chip design.