Zhaocore is a state-owned enterprise.
Shanghai Zhaoxin Integrated Circuit Co., LTD. (hereinafter referred to as \"Zhaoxin\") is a state-funded holding enterprise established in 2013. It is a leading chip designer in China. Headquartered in Zhangjiang, Shanghai, it has R & D centers and branches in Beijing, Wuhan, Shenzhen and other places.