Brilliance China Automotive Holdings (HK:1114) has released an update.
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Brilliance China Automotive Holdings has partnered with TCL to form a joint venture focused on intelligent cockpit and display assembly in China. The venture, equally owned by both parties with a total capital commitment of RMB1,400 million, aims to integrate cutting-edge AI software and cloud computing services into automotive solutions. This strategic move is expected to enhance driving experiences and promote sustainable growth for Brilliance China.
For further insights into HK:1114 stock, check out TipRanks’ Stock Analysis page.
