Gree Electric's chip shipments grow year by year

Zhuhai Zero Boundary Integrated Circuit Co., Ltd., a wholly-owned subsidiary of Gree Electric Appliances, focuses on designing and developing main control chips and power device chips for home appliances such as air conditioners. Since October 2019, Gree's self-developed chip shipments have exceeded 10 million. As of the end of 2020, the cumulative shipments of Zero Boundary chips have reached 38 million, and the cumulative shipments will exceed 72 million by the end of 2021. By the end of 2022, the cumulative shipments will exceed 100 million, achieving an average annual shipment of 36 million.