Announced
Completed
Financials
Sources
Tags
Venture Capital
Completed
Friendly
Private
Minority
Domestic
packaging solutions
Acquisition
Containers and Packaging
China
Private Equity
Synopsis
Guangdong Macao Semiconductor Industry Investment Fund, Guangzhou Industrial and Emerging Development Fund and Goldstone Investment led a $100m Series A+ funding round in Leader-Tech, a provider of integrated circuit materials and packaging solutions, with participation from Dening Capital and Qianhai Great Wall Fund. The company targets to ramp up investment in technology R&D and manufacturing expansion to deliver domestically-made chips. The Series A+ round is expected to help the firm replenish its working capital and forge long-term strategic cooperation to speed up the construction of new manufacturing facilities and its expansion in the domestic market.
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