China Digest: Dexin Chip Technology bags funding; Nuode New Materials buys Cloudfutures
Other new investors which joined Dexin's round include a wholly-owned subsidiary of CanSemi Technology.
Source: dealstreetasia.com
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Top News In Cansemi Technology Today - Breaking & Trending Today
China's chip-making tool industry unites behind self-sufficiency drive but huge challenges remain
Chinese chip-making tools and components makers are stepping up to try and fill the gap posed by tough US trade sanctions but large challenges remain, according to delegates.
Source: scmp.com
Chinese auto chip maker SiEngine raises $72m in extended Series A round
Sequoia Capital China led the firm’s $148.2m Series A funding round in July 2022.
Source: dealstreetasia.com
Greater China's startups record 33.5% yearly slump in deal value in Q2 as megadeals become scarce
The market's record 605 deals could not prop up its quarterly performance.
Source: dealstreetasia.com
Chinese chipmaker CanSemi rakes in $672m to expand production facilities
The capital will help CanSemi move forward with plans of investing $5.5b in building new facilities.
Source: dealstreetasia.com