Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Chinese chip design company Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (roughly Rs. 12,150 crore) in a new funding round that will value the firm at about CNY 70 billion (roughly Rs. 85,000 crore), three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round, … Read more