A Chinese flag flutters near a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights
BEIJING, Nov 26 (Reuters) – Huawei (HWT.UL) has joined with Chinese carmaker Chongqing Changan Automobile (000625.SZ) to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, according to a Sunday filing on the Shenzhen Stock Exchange.
“The two parties will jointly support the target company to become an industry leader in automotive intelligent systems and component solutions based in China,” the filing from Changan Auto said.
Reporting by Laurie Chen and Beijing Newsroom; Editing by Edmund Klamann
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