After OPPO disbanded Zheku Technology and Meizu disbanded its AR chip research and development team, it was recently reported that "Moxing Semiconductor", a chip design subsidiary of TCL Technology Group, has been "disbanded."

According to breaking news, Moxing Semiconductor announced its dissolution on November 21. The compensation plan for all employees, including software, IC, and even administration, is N+1. The number of layoffs is estimated to be nearly a hundred people, including dozens of people in branches such as Shenzhen and Shanghai.

It is reported that the reason for the dissolution of Moxing Semiconductor may be related to excessive personnel costs. According to reports, Moxing Semiconductor previously hired high-paying engineers from South Korea and Taiwan, China. The labor costs remained high, but there was no outstanding contribution on the product side.

Qichacha data shows that Moxing Semiconductor (Guangdong) Co., Ltd. and Moxun Semiconductor Technology (Shanghai) Co., Ltd. are still in operation and existing. Moxing Semiconductor was established on March 25, 2021, and Moxun Semiconductor was established in 2021. September 6th. Judging from the equity penetration chart, Moxing Semiconductor holds 100% shares in Moxun Semiconductor (Shanghai), TCL Microchip Technology (Guangdong) Co., Ltd. and Xiamen Xingchi Yingrui Investment Partnership (Limited Cooperation) each hold shares in Moxing Semiconductor holds 77.7778% equity and 17.2222% equity. Chen Naijun holds 5% equity of Moxing Semiconductor. TCL Microchip Technology (Guangdong) Co., Ltd. is 50% owned by TCL Hengshi Tianrui Investment (Ningbo) Co., Ltd. and TCL Technology Group Co., Ltd. respectively.

It is reported that since its establishment, Mosun Semiconductor has launched its AI chip research and development project in Lingang New Area and held a signing ceremony. The project will be dedicated to intelligent connection, perception, AI voice interaction, AI visual interaction, and AI image processing and other integrated circuit chips. design. Moxing Semiconductor will move into the TCL Building on June 15, 2022. But so far, Moxing Semiconductor has not announced scientific research results or chip progress.

TCL Technology has not responded to the rumors of Moxing Semiconductor's "dissolution".

Since taking advantage of the mixed reform of Zhonghuan Group (now renamed TCL Zhonghuan) in July 2020, TCL has continued to layout the upstream semiconductor supply chain, but it has mostly built its semiconductor business through a "buy, buy, buy" situation.

TCL became the final transferee of the mixed-use reform project of Tianjin Zhonghuan Electronic Information Group Co., Ltd. on July 15, 2020. Zhonghuan Group mainly operates new energy and new materials, new intelligent equipment and services, core basic electronic component supporting and other businesses. Its core The subsidiary Zhonghuan Co., Ltd.'s monocrystalline market share reaches more than 65% in the domestic market. Tianjin Pulin mainly produces and sells various types of PCB products. TCL Technology indirectly holds 27.55% of Zhonghuan shares and 25.35% of Tianjin Pulin through Zhonghuan Group.

According to TCL's previous announcement, TCL Technology is actively promoting the vertical extension and horizontal integration of the semiconductor display industry, accelerating the layout of basic materials, next-generation display materials, and key equipment in new processes.

Since then, TCL Technology and TCL Industrial have jointly established TCL Microchip, invested in the establishment of Moxing Semiconductor, and deployed in design-related fields such as multimedia SoC, display driver chips, TCON chips, TDDI, and PMIC.

Since then, TCL Technology and TCL Industrial have jointly established TCL Microchip, invested in the establishment of Moxing Semiconductor, and deployed in design-related fields such as multimedia SoC, display driver chips, TCON chips, TDDI, and PMIC.

TCL increased its investment in Tianjin Huanxin Semiconductor (a subsidiary of Zhonghuan Co., Ltd.) by 567 million yuan. TCL Microchip took 55% of the shares and is mainly engaged in the R&D and manufacturing of SoC chips, semiconductor rectifier chips, power chips and other chips.

TCL has created a closed loop in the semiconductor field through capital investment. Zhonghuan Group controls the upstream raw materials of chips, Moxing Semiconductor creates display driver chip design, Huanxin Semiconductor realizes the production of semiconductor materials and devices, and then TCL terminal equipment conducts product-level processing of the chips. Applications. Building a semiconductor chip industry chain will also allow TCL to better promote product upgrades. However, the road to self-research of chips is not easy. The dissolution of Moxing Semiconductor is another shattering of a company’s dream of self-research of chips. Coupled with the current weak demand in the end market, competition among chip design companies will become more intense, and more companies will be eliminated.

It is reported that TCL Semiconductor Technology (Guangdong) Co., Ltd., a joint venture established by TCL Technology and TCL Industrial with an investment of 1 billion yuan, has been canceled on December 14, 2021.

For TCL to invest in the entire industry chain layout, it will have to invest more in terms of capital than companies that specialize in one link. This also means that it must absorb more talents from different fields, accumulate different technologies, and need to bear greater risks.

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