Alibaba has registered a Shanghai subsidiary of its recently announced chipmaking arm Pingtouge, as Chinese companies heed the government’s calls to develop homegrown core technologies.

According to public records, the Shanghai-based company was formed last month in the Shanghai Free Trade Zone with registered capital of RMB 10 million ($1.5 million).

The company has so far been reluctant to comment on its Shanghai investment, though the registered address of the newly formed firm is that same as that of chipmaker C-SKY Microsystems, which Alibaba fully acquired in April.

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Jill Shen

Jill Shen is Shanghai-based technology reporter. She covers Chinese mobility, autonomous vehicles, and electric cars. Connect with her via e-mail: jill.shen@technode.com or Twitter: @yushan_shen