Tencent has long-term plan for chip improvement, funding By Reuters

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© Reuters. FILE PHOTO: A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang Province, China, October 20, 2019. REUTERS / Aly Song

SHANGHAI (Reuters) – China’s tech giant Tencent Holdings (OTC 🙂 has a long-term chip development and investment plan, the head of its cloud and smart industry group said on Wednesday.

Tang Daosheng made the comments at the Tencent Digital Ecosystem Summit in downtown Wuhan, the company said on his verified WeChat account on Tencent Cloud.

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