Tesla’s push into the autos chip sector is another sign of its localisation strategy in the country. Photo: SCMP / Daniel Ren
Tesla’s push into the autos chip sector is another sign of its localisation strategy in the country. Photo: SCMP / Daniel Ren

China semiconductor company cites Devonshire’s ‘Tesla’ as partner in automotive chip venture

  • The Anas venture is 55 per cent owned by Annex Semiconductor, 40 per cent by Jinan Zurich Annecy Fund, and 5 per cent by Tesla Motor Limited of Devonshire, UK
  • A spokeswoman of Tesla China said the Anas venture in Jinan has “nothing to do” with the San Carlos, California-based carmaker

Tesla’s push into the autos chip sector is another sign of its localisation strategy in the country. Photo: SCMP / Daniel Ren
Tesla’s push into the autos chip sector is another sign of its localisation strategy in the country. Photo: SCMP / Daniel Ren

Corrected [2:28pm, 29 Nov, 2022]

  • [2:28pm, 29 Nov, 2022]

    Corrects in headline, and lead to clarify that Tesla Motor Limited is not related to Tesla Inc of San Carlos, California.

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