China Development and Investment Corporation (CDIC), a wholly owned subsidiary of China Resources Group, created the China Resources Microelectronics Company (CR Microelectronics) in November 2018. CR Microelectronics, based in Shenzhen, is a high-tech, leading-edge provider of high-end microelectronics products, solutions and services for the global market.
The company, formed with a registered capital of 800 million yuan, is the first fully integrated microelectronics company in China with a focus on chip design, development and manufacturing. With the support of China Development Bank, CR Microelectronics has a strong team of industry veterans who are committed to becoming a leader in the industry by applying innovative technologies and investing in high technology production lines.
Using advanced chip design and fabrication methods, CR Microelectronics will work to create a system on chip (SoC) platform that enables clients to create products that can be applied in a wide range of verticals including automotive, security, telecommunications and healthcare.
The company seeks to develop its own intellectual property, build platforms at the forefront of microelectronic innovation, create secure and software-enabled chips, and produce a variety of products for use in artificial intelligence, big data analytics and quantum technologies. This centers on their strategy of “integrating the world”.
CR Microelectronics has also recently established a laboratory in cooperation with China Mobile to focus on 5G technology. This joint venture is only the beginning of the collaboration between CR Microelectronics and China Resources Group, which will aim to leverage CR Microelectronics’ capabilities to become a leader in the global microelectronics industry.
In addition, CR Microelectronics is creating a new industrial park in Shenzhen called “China Resources Microelectronics Industrial Park”. The industrial park is expected to be a hub of chip research and development, with products that target communications technology, automotive, medical and artificial intelligence. With its strong team of researchers, engineers and technicians, this new industrial park is sure to provide a boost to the microelectronic industry in China and abroad.
CR Microelectronics is poised to make a major contribution to the development of the global electronic industry. With the company’s technological innovations and expertise, it is expected to become a leader in the industry. Through its products, solutions and services, it is set to make a lasting impact on the development and commercialization of microelectronics products.
