Chinese display chip solutions provider Chipone Technology (Beijing) Co., Ltd. announced that it had completed its round E of financing, which exceeded 6.5 billion yuan ($1.02 billion).
Magnachip, a South Korean semiconductor company listed on the New York Stock Exchange, announced on Monday that its merger with Chinese private equity firm Wise Road Capital was officially terminated.
Chinese AI chip company Intengine Technology completed a new round of financing worth tens of millions of dollars, led by investment institution ZY Capital.
SiEngine Technology, an automotive electronic chip developer, officially released the automotive chip brand "DragonHawk" and its intelligent cockpit chip "DragonHawk 1."
The company is a well-known low-power System on Chip (SoC) designer in China, focusing on providing professional integrated chips for smart Internet of Things devices.
Nextin, a South Korean company involved in the process of detecting product defects and metrology, is reportedly in talks with up to five Chinese semiconductor companies to supply its equipment.
TuringQ, a developer of optical quantum chips and optical quantum computers in China, announced that it had completed the Pre-A round of financing worth several hundred million yuan.
Geely-backed ECARX Technology announced that it had successively taped-out its 7nm intelligent cockpit chip DragonHawk 1, which had been designed by SiEngine Technology, and is a first in the country.
This week’s China VC news: the flying car subsidiary of EV-maker Xpeng Motors, HT Aero, bagged a whopping $500 million Series A investment, and more.
Although Huawei and SMIC were included on the U.S. trade blacklist, they still obtained U.S. technology and goods export licenses worth billions of dollars from November last year to April this year.
Clounix, an enterprise network service provider, announced on Wednesday that it had completed two rounds of financing totaling nearly 400 million yuan ($62.54 million) in just a few months.
Zhang Jianfeng, President of Alibaba Cloud Intelligence, announced T-Head's open source RISC-V-based Xuantie series processors and a series of tools and system software.
Alibaba's ARM-based server chip, which has been developing since 2019, has finished tapeout in the middle of the year and may be released in the near future, according to several sources.
Advanced computer chips are quickly shaping up to represent one of the most competitive and high-stakes assets in today’s global economy.
In last week’s VC news, integrated circuit chip developer SJ Semiconductor has raised $300 million in a Series C round to expand R&D investment, and more.