Recently, Weichuang Microelectronics Co., Ltd. completed the A+ round of financing of over 100 million yuan. This round of financing was led by Shanghai Guofang Construction, and the old shareholders Pudong Kechuang, Walden International, Hushan Capital, Zhengxuan Investment, and Linxin Investment continued to increase their holdings.
Weichuang Microelectronics was established in January 2021 and is headquartered in Shanghai Lingang New Area. It is a R&D and design company focusing on new display driver chips. This round of financing will continue to be used to expand the high-quality R&D team, enhance the existing product development capacity, introduce high-end talents, cultivate the talent echelon and expand the marketing system. After this round of financing, Weichuang Microelectronics will further develop the research and development of medium-sized display drivers, including Pad, OLED notebook and vehicle display.
The person in charge of Haiwang Capital said: Under the trend that the global semiconductor display production capacity is gradually shifting to the mainland, even if the demand for consumer electronics terminals shrinks in the short term, the domestic OLED display driver chip market still has a large scale space of several billions. The next two to three years will be a key window period for mainland manufacturers to expand their domestic market share. As a local start-up company with self-developed display algorithms and high-reliability chip design capabilities, Weichuangwei has laid a solid foundation for the company to achieve breakthroughs in the past two years. We are optimistic about Weichuangwei in the next few years. develop.
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