GVCOM announced on April 24 that it will invest 20 million yuan to acquire shares in Nanjing Renxin Technology Co., Ltd., aiming to fortify its presence in the automotive pre-installed sector, particularly within the domestic automotive SerDes chip supply chain. Renxin Technology, established in 2022, specializes in the development of high-speed automotive chips. This collaboration marks a significant strategic move for GVCOM in the realms of smart vehicles, the Internet of Things (IoT), and edge computing, paving the way for robust cooperation between the two entities.
