NVIDIA has significantly enhanced its research team in China this year, particularly in the field of autonomous driving technology, by adding hundreds of new employees to achieve this goal.
According to Zhitong Finance APP, NVIDIA (NVDA.US) has significantly enhanced its research team in China this year, especially in the field of autonomous driving technology, by adding hundreds of new employees to achieve this goal. According to informed sources, by the end of this year, NVIDIA's total number of employees in China is expected to increase from about 3,000 at the beginning of 2024 to about 4,000, with approximately 200 new employees added in the Peking area to strengthen autonomous driving research. In addition, the company has expanded its after-sales service and network Software Development teams, reflecting its comprehensive expansion Global Strategy in China.
NVIDIA's total number of employees in China has approached 600, and a new office has been established at Beijing Centergate Technologies, further consolidating its research and market position in China. As the second-largest Semiconductors company by Global Market Cap, NVIDIA is expanding its workforce globally to meet the high demand for AI chips. Despite being unable to sell its advanced Semiconductors in China due to US trade restrictions, NVIDIA's quarterly sales in China still reached 5.4 billion USD, highlighting China's role as an important market and research center.
Furthermore, the strong support from the Chinese government for domestic electric vehicle Auto Manufacturers has not only enabled China to take a leading position in electric vehicle technology but also effectively reduced the costs of new connected cars. NVIDIA, as a pioneer in autonomous driving and AI Software, despite not fully translating its efforts over the past decade into significant results, now has a research team in China capable of collaborating with local Auto Manufacturers to jointly advance technology development and enhance product competitiveness.
It is worth mentioning that NVIDIA previously underwent an investigation by the State Administration for Market Regulation for allegedly violating China's antitrust laws. Despite facing regulatory challenges, NVIDIA successfully obtained approval from the Chinese government to acquire Israeli networking equipment manufacturer Mellanox for 7 billion USD, but must comply with a series of conditions, including providing new product information to competitors and ensuring the technological compatibility of Chinese chip manufacturers.