TapTechNews September 24th news, according to the Venture Capital Daily, recently, the 4 billion yuan equity financing of Unisoc has all been received, and the funds are mainly used for the research and development of core projects.
It is reported that the local state-owned capital platform represented by Shanghai Pudong Innovation Investment and Development (Group) Co., Ltd. (referred to as Pudong Venture Capital), together with the local Shanghai securities firm Guotai Jun'an and Haitong Securities, played a benchmarking and guiding role in this round of financing.
For the success of this equity financing, relevant people of Unisoc once said that behind it is the era opportunity of the integrated circuit industry as a national strategy.
Up to now, Pudong Venture Capital focuses on Shanghai's three leading industries and Pudong's six hard-core industries, and has formed a scientific and technological innovation investment fund group of about 95 billion yuan. Among the two major integrated circuit industry investment funds in Shanghai, Pudong Venture Capital is also one of the investors.
TapTechNews learned from public information that Unisoc is formed by the merger of Spreadtrum Communications (Shanghai) Co., Ltd. and RDA Microelectronics, and is a platform-based chip design enterprise. In the core 5G field, Unisoc is one of the three 5G mobile phone chip enterprises in the global open market (the other two are Qualcomm and MediaTek).
Unisoc has the ability to integrate large-scale chips and complete sets of chips. Its products include mobile communication central processing units, baseband chips, AI chips, RF front-end chips, RF chips and other various communication, computing and control chips. The field test covers more than 140+ countries and regions, and has passed the shipment certification of more than 270+ operators around the world, and has more than 500 brand customers including Honor, Xiaomi, realme, vivo, Samsung, Motorola, Hisense, ZTE, JD.com, UnionPay, Gree, etc.