SHANGHAI: Chinese technology<\/a> giant Tencent Holdings<\/a> touted progress in semiconductor chip development and investment on Wednesday, offering a rare public glimpse of its R&D initiatives.
Best known for computer games and social media app WeChat, Tencent<\/a> has been steadily investing in research and development of semiconductors, along with other Chinese tech firms.
\"Facing scenarios with strong business needs, Tencent has had a long-term plan and investment for chip R&D,\" said company official Tang Daosheng<\/a>, according to a post on the WeChat account for Tencent Cloud.
Tang, a senior executive vice president and chief executive of Tencent's cloud and smart industry group, flagged advances in three directions at a company event.
He highlighted three chips developed by Tencent. These are a chip for AI computing called Zixiao, another for video processing, known as Canghai, and a chip for high-performance networks that is designated Xuanling.
The company also announced its Orca cloud operating system.
The comments come after Chinese e-commerce giant Alibaba Group Holding Ltd<\/a>, a Tencent competitor in China's market for cloud computing, unveiled a new server chip for data centres last month. [L1N2RF03R
Chinese smartphone maker Xiaomi Corp<\/a> unveiled its Surge 1 chip for image processing in phone cameras this year.[L4N2LT1A8].
These efforts dovetail with China's push to boost the domestic semiconductor industry, which has become a key point of tension between Washington and Beijing.
<\/body>","next_sibling":[{"msid":87503959,"title":"TWS shipments in India reach 8 million units in Q3; Apple bounces back: Counterpoint","entity_type":"ARTICLE","link":"\/news\/tws-shipments-in-india-reach-8-million-units-in-q3-apple-bounces-back-counterpoint\/87503959","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87504000,"entity_type":"ARTICLE","title":"Tencent flags progress on three chips in development, investment effort","synopsis":"Best known for computer games and social media app WeChat, Tencent has been steadily investing in research and development of semiconductors, along with other Chinese tech firms.","titleseo":"telecomnews\/tencent-flags-progress-on-three-chips-in-development-investment-effort","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":134,"shares":0,"engagementtimems":574000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-11-03 12:33:56","lastupd":"2021-11-03 12:43:15","breadcrumbTags":["tencent holdings","Tencent","Chinese technology","devices","tang daosheng","xiaomi corp","alibaba group holding ltd"],"secinfo":{"seolocation":"telecomnews\/tencent-flags-progress-on-three-chips-in-development-investment-effort"}}" data-news_link="//www.iser-br.com/news/tencent-flags-progress-on-three-chips-in-development-investment-effort/87504000">