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Yue Xin Semiconductor completes round B strategic financing: it has fully produced 12-inch analog chips.

Shulou Source: shulou.com Published: 2023-11-24 13:09:33 10月04日 Update

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com December 1 news, Guangzhou Yuexin Semiconductor Technology Co., Ltd. (referred to as "Yuexin Semiconductor") announced the completion of round B strategic financing.

This round of financing is jointly led by Guangzhou Science and Technology Industry Investment Fund under Guangzhou Industrial Investment holding Group and Guangdong Semiconductor and Integrated Circuit Industry Investment Fund under Guangdong Yuecai Holdings. At the same time, it has received additional investment from existing and new strategic investment shareholders, such as Agricultural Bank of China Investment and China Construction Bank Investment. All the funds obtained from this financing will be used for the investment and construction of the third phase of Guangdong Semiconductor.

CTOnews.com learned that Yuexin Semiconductor is Guangdong-Hong Kong-Macau Greater Bay Area's only 12-inch chip manufacturer specializing in the field of analog chips and entering full mass production, and has successively achieved the first and second phases of the project in 2019 and 2021, starting from consumer-level chips, and then extended to industrial and automotive-level chips.

Yuexin Semiconductor production includes microprocessors, power management IC, analog chips, power discrete devices, etc., to meet the needs of analog chips and discrete devices for innovative applications such as the Internet of things, automotive electronics, artificial intelligence and 5G.

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