Honghe Technology announced that it plans to establish a wholly-owned subsidiary, Honghe Semiconductor Co., Ltd., with its own capital of RMB 600 million. The company has set up a semiconductor business platform to carry out business exploration and industrial layout around automotive semiconductor-related fields.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.