SemiDrive aims to nab 20% share in China’s automotive chip market by 2025

Beijing (Gasgoo)- Chinese automotive chip supplier SemiDrive announced at an event on January 16 that by the end of 2023, the company has secured nearly 200 production designation projects, serving over 90% of the Chinese automakers and achieving a cumulative production of over 3 million units of chips across nearly 40 mainstream vehicle models.

Among the top 15 hotter-selling SUVs under China’s indigenous brands in 2023, 40% of the models featured SemiDrive's chipset, the company claimed. Additionally, SemiDrive dominated the top three production models in the mid-to-large SUV segment under China’s wholly-owned brands. The company demonstrated its global influence with partnerships in half of the top ten Chinese automotive brands regarding full-year vehicle exports in 2023.

Looking ahead, SemiDrive is set to introduce innovative products such as next-generation cockpit and driving integrated chips, along with advanced high-performance MCUs for domain controllers. The company is committed to deepening its presence in the domestic market, targeting a 20% market share by 2025, while also expanding its footprint overseas.

As the first Chinese intelligent automotive chip enterprise with a holistic approach, SemiDrive boasts a professional team with 20 years of experience in automotive chipset R&D and production. They have successfully built a comprehensive product matrix covering intelligent cockpits, advanced driver assistance systems (ADAS), central gateways, and high-performance MCUs, aiming to establish a technological foundation for smart vehicles.