Editing by Li Panpan

Shanghai-based IC design company Sino Wealth Electronic Ltd. (中颖电子) said its chips for industrial robot applications are under development and see new opportunities in automotive electronics.

The company shared this information in its investor relationship management platform of the Shenzhen Stock Exchange on January 19.

Founded in 1994, the Shanghai-headquartered Sino Wealth is reportedly one of the most successful domestic MCU developers, especially for consumer products. One achievement is being the largest global supplier of MCU for microwave ovens and induction cookers. The company went public in 2021 and expanded to industrial control microcontroller, OLED display driver, lithium battery management in recent years.

According to the company, industrial control chips require high standards in security and anti-noise ability; it said it is being extra cautious with its R&D efforts to achieve high reliability, taking a longer certification cycle and a long product life cycle. It revealed that it’s developing automotive body control MCU.  

The company has accumulated MCU technologies air conditioning and inverter motor control, and lithium battery management. It believes that such product line technologies can also be extended to automotive electronics applications in the long run.