China fosters another IC unicorn as BYD fund moves in

China fosters another IC unicorn as BYD fund moves in

[Digitimes] - 02/5/2025

As the spring begins for 2025, China's IC industry has seen a major injection of funding. Wuxi SJ Semiconductor has closed a financing agreement worth roughly US$700 million. This funding round includes contributions from BYD's fully owned investment fund, bringing significant attention to this (…)



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