Chinese IC packaging firm Leader-Tech raises nearly $100m Series A+ round

Chinese IC packaging firm Leader-Tech raises nearly $100m Series A+ round

Photo by Adi Goldstein on Unsplash

Jiangsu Leader-Tech Semiconductor has closed 700 million yuan ($98.8 million) in a Series A+ round of financing as the Chinese provider of integrated circuit (IC) materials and packaging solutions targets to ramp up investment in technology R&D and manufacturing expansion to deliver domestically-made chips.