Wuxi City Signs MOU with Beijing Zhaoyi Innovation

Jiangsu, China, June 15 Yesterday, the People's Government of Wuxi Municipality and Beijing Zhaoyi Innovation Technology Co., Ltd. signed a memorandum of cooperation to accelerate the establishment of Zhaoyi New Product R&D Center Wuxi Base, IC and IoT Investment Fund, etc. A consensus was reached on the issue. Mayor of the delegation Huang Qin met with Zhu Yiming, chairman and general manager of Beijing Zhaoyi Innovation, and attended the signing ceremony. Chairman of Taiji Industry and Zhao Zhenyuan, chairman of the board of directors of the 11th Science and Technology attended the event.

Huang Qin said at the meeting that Wuxi is the earliest country in the nation’s integrated circuit industry and the southern base of China's integrated circuits. It is also the only national sensor network innovation demonstration area. For many years, Wuxi has always regarded integrated circuits as an important strategy. Sex and new industries have been established to create a solid industrial foundation and a relatively complete industrial chain. At present, Wuxi is accelerating the development of a new round of integrated circuit industry, focusing on cultivating dragon skull enterprises, building core industrial clusters and completing industrial ecology. E-Innovation fully integrated the advantages of the integrated circuit industry in Wuxi, and together with Wuxi, promoted the integration of Wuxi's integrated circuit industry chain, promoted the advantages of incremental projects to become stronger and stronger, and made joint efforts to build a triangular regional IoT and memory industry innovation center in Wuxi.

Zhaoyi Innovation is a global company that is rooted in China and specializes in the design and sales of integrated circuits for various types of memory, controllers and related products. The company's main business focuses on storage and IoT. Zhaoyi Innovation is currently the largest technology leader in China. The scale of semiconductor memory design company, the strength of science and technology, in memory design, IoT core chip 32-bit microcontroller design and other fields are ranked first in the country.

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