China’s Chemsemi raises over$158m from Xiaomi, CICC, others

China’s Chemsemi raises over$158m from Xiaomi, CICC, others

Source: Brian Kostiuk/Unsplash

ChemSemi, that develops 5G chips and semiconductor technologies,  has secured over 1 billion yuan ($158 million) in its Series A round of funding, per a company statement on Friday.