Tencent has long-term plan for chip development, investment

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A Tencent motion is seen astatine the World Internet Conference (WIC) successful Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song

SHANGHAI, Nov 3 (Reuters) - China's tech elephantine Tencent Holdings (0700.HK) has a semipermanent spot improvement and concern plan, the caput of its unreality and astute manufacture radical was quoted arsenic saying connected Wednesday.

Tang Daosheng made the comments astatine the Tencent Digital Ecosystem Summit successful the cardinal metropolis of Wuhan, the institution said connected its verified WeChat relationship connected Tencent Cloud.

Reporting by Brenda Goh; Editing by Clarence Fernandez

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