It is time for iStarChip Semiconductor Technology Pty Ltd. to start the journey. On December 9, 2022, iStarChip Semiconductor officially launched its operation. After preliminary preparation, iStarChip Semiconductor is gradually entering the normal track, with a gradually complete staff and official completion of office spaces in Zhejiang, Shanghai, Guangdong, Hangzhou and other places. At such a festive moment, leaders, friends, and partners from all over the world including Zhejiang, Shanghai, Guangdong, Beijing, Jiangsu, and the United States attended the opening ceremony of iStarChip Semiconductor to witness this good beginning and send their best wishes for the company’s grand blueprint.

01 Leadership Speech

Mr. Stephen Jin, CEO of iStarChip

Mr. Stephen Jin, CEO of iStarChip Semiconductor introduced in his welcome speech: “Automotive core functional safety control chip is a difficult and long-term product direction, because we have professional and dedicated investors and an excellent entrepreneurial technical team, we have gathered a galaxy of automotive-grade chip talents at iStarChip so that our products can be quickly developed, and we have launched multiple cooperative projects.

“Now is the era of great changes. The pandemic, the fragmentation of the industrial chain in the international environment have brought various challenges to us, but it is also the best time. The Chinese automotive industry chain is booming, and the core components of self-reliance are replaced by iStarChip, which brings infinite market space to us.

“iStarChip Semiconductor will use innovative service models to quickly and safely provide our valued customers with self-developed core technologies and chips. We are committed to creating China’s self-developed chip technology and hope that every car running on Chinese soil in the future will have a chip as a core control component developed by iStarChip Semiconductor, ensuring safe driving and intelligent driving experience for everyone.

“With a shared ideal, iStarChip Semiconductor has quickly gathered a global elite team from various aspects of the automotive industry chain. Currently, more talents from all directions are still joining this emerging team. We believe that the team of iStarChip Semiconductor will continue to grow in the future, and ultimately form an irresistible force of Chinese automotive electronics chips.

“The automotive core functional safety control chip is the pearl on the crown of the entire semiconductor industry. We will break through various technical difficulties and form iStarChip’s independent design technology and design concept for automotive safety control chips. We will take independent innovation and accumulate every original technology. We will draw a strong line in the history of China’s automotive chip industry development, and a company with truly core automotive functional safety control chip technology will grow here into a towering tree.”

Mr. Yongxiao Huang, Deputy Secretary of the Party Working Committee and Director of the Management Committee of Nanhu New District

Mr. Yongxiao Huang said: Nanhu District has always been committed to building a high-level platform and creating a strong magnetic force to attract talents. As the leading cluster of venture capital in China, Nanhu Fund Town will further serve more high-quality science and technology enterprises such as iStarChip Semiconductor.

Mr. Wei Xiong, Partner of SUNIC CAPITAL

Mr. Wei Xiong, representing SUNIC CAPITAL attended the opening ceremony and delivered a speech on stage. He said that as a partner of iStarChip Semiconductor, SUNIC CAPITAL is optimistic about the development of iStarChip in the automotive semiconductor industry and will also provide resources throughout the company’s supply chain to help iStarChip grow rapidly.

Mr. Zhengyuan Zhang, Aichip

Mr. Zhengyuan Zhang mentioned in his speech: iStarChip Semiconductor follows the trend of intelligent and networked automotive semiconductors. With the help of Jiaxing leaders and the support of all sectors in the industry chain, iStarChip Semiconductor’s business will definitely develop rapidly and achieve the vision of becoming a world-class automotive electronic chip supplier. At the same time, I also wish iStarChip Semiconductor a grand opening and create brilliant performances!

02 Ribbon Cutting Ceremony

The leaders and guests who attended the opening ceremony jointly came to the stage to cut the ribbon and bless the “iStarChip Semiconductor Grand Opening”. Since then, iStarChip Semiconductor has been officially opened!