According to the Zhitong Finance APP, C*Core Technology (688262.SH) announced that its newly developed automotive electronic airbag ignition chip product "CCL1800B," aimed at the next-generation 48V electronic and electrical architecture, has recently achieved success in internal testing.

The CCL1800B is the industry's first publicly released airbag ignition chip successfully developed for automotive electronic 48V electronic and electrical architecture. During the development process, the company conducted thorough demand inquiries and solution validations with leading OEM customers. As of now, no other similar products have been reported in the industry. The company has sent samples of this new product to relevant customers, and the development and application work for this new product is currently underway.

The company holds complete independent intellectual property rights for the aforementioned chip product. The successful development of this new product further enriches the company's automotive electronic product line and strengthens its core competitiveness in the field of airbag ignition chips. This is the first analog-digital hybrid dedicated driver chip developed by the company for the automotive electronic 48V power system. The design breakthroughs in this field can create more opportunities for the company to apply new automotive electronic products, which is beneficial for promoting the application of the company's supporting automotive electronic MCU products. This is an extension and enhancement of the company's "MCU+" strategy, which helps provide customers with more cost-effective product solutions. The company expects this to have a positive impact on the market expansion and performance growth of its future automotive electronic chip business