Chinese chip industry player DJEL raises $140m in fresh funding

Chinese chip industry player DJEL raises $140m in fresh funding

Photo by Brian Kostiuk on Unsplash.

China’s Dongfang Jingyuan Electron Limited (DJEL), which offers solutions to enable chip manufacturing, has secured nearly 1 billion yuan ($139.6 million) in equity financing as the firm leaves behind an IP dispute with Dutch lithography giant ASML just months earlier.