China is investing in RISC-V chips to bypass US export restrictions on high-tech semiconductors. The US has recently tightened its regulations on selling sophisticated chip technology and equipment to Chinese organizations.
To provide design services for chips that cater to different levels of automotive safety integrity, strengthening VeriSilicon's competitive advantages in automotive electronics VeriSilicon(688521.SH)
VeriSilicon is one of the first enterprises in mainland China to join the organizationand will work with other members on research and adoption of the UCIe 1.0 Specification and the nextgeneration of UCIe technology.VeriSilicon’s participation will support development of its chiplet-based technology and associated products.