Tencent launches three self-designed chips in expansion drive, helping boost China’s semiconductor development efforts

Nov 3, 2021 | INVESTING

Tencent Holdings launched three new self-designed chips on Wednesday, enabling the Chinese internet giant to play a role in the country’s development efforts in semiconductors and to further expand beyond video gaming, mobile payments and social media.“Chips are the key components of hardware and the core infrastructure of the industrial internet,” said Dowson Tong Taosang, president of Tencent’s cloud and smart industries group, as he unveiled the three chips at the company’s Digital Ecosystem…

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