NIO Chips Start Generating Revenue? Technology Licensing Orders May Reach Hundreds of Millions

NIO Chips Start Generating Revenue? Technology Licensing Orders May Reach Hundreds of Millions

According to Late Auto news, NIO’s self-developed advanced intelligent driving chip “Shenqi NX9031” has begun technology licensing, providing technical authorization to an automotive chip company.If it is a system-level SoC technology authorization, the order value could reach hundreds of millions. This means that NIO chips are seeing revenue for the first time beyond internal use.In … Read more