Huawei Hubble Invests in IoT Operating System Services Provider Shenzhen Kaihong

huawei
(Source: Huawei)

Your browser doesn’t support HTML5 audio

According to business inquiry platform Qichacha, Shenzhen Kaihong Digital Industry Development Co., Ltd. on Tuesday made changes to its registration information with China’s top market regulator.

The firm has added Shenzhen Hubble Investment Partnership (Limited Partnership), a subsidiary of Huawei, as a shareholder, and its registered capital rose from 300 million yuan to 500 million yuan ($47.17 million to $78.6 million), an increase of 66.67%.

Shenzhen Kaihong is a high-tech company jointly established by ChinaSoft International and Shenzhen Capital Operation Group, focusing on the operating system of the Internet of Things (IoT). It was established in August 2021, and its business scope includes IoT-related technical services and application system integration services in the artificial intelligence industry.

Shenzhen Hubble was established in April 2021. Within two months of its establishment, it has invested in four enterprises, involving fields of semiconductors and operating systems. From Hubble’s investment moves, it can be seen that Huawei is gradually building an independent controllable industrial chain in the field of computer chips.

Huawei’s investment mostly involves all links in the semiconductor industry chain. From the end of 2019 to the first half of 2020, Hubble successively invested in North Ocean Photonics, Haoda Electronic and other enterprises, shifting its investment focus to the fields of materials and optoelectronic chips. In 2021, Hubble invested in NineCube and other companies, entering the EDA field.

SEE ALSO: Huawei Hubble Invests in Xianpu Gas Technology of Optical Fiber Chemical Industry

According to previous media reports, Huawei has started recruiting talent from the chip field, including mainly engineers, software developers and artificial intelligence researchers. In addition, the Chinese telecoms and electronics giant has set up a semiconductor manufacturing company, and continues to engage in the semiconductor equipment industry to provide manufacturing capabilities for its own products, which already has a certain scale of mass production capacity.

From the Hubble investments to self-built factories, Huawei is improving the layout of its semiconductor industry chain step by step.