Chinese chip designer Unisoc raises $552m in equity financing: report

Chinese chip designer Unisoc raises $552m in equity financing: report

Photo from Unisoc (Shanghai) Technologies.

Chinese chip design company Unisoc (Shanghai) Technologies has raised over 4 billion yuan ($552.2 million) in equity financing as Beijing’s push to realise semiconductor self-sufficiency is expected to bring growth opportunities to domestic players.

Edited by: Padma Priya