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Announced

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A consortium of investors led a $100m Series A+ funding round in Leader-Tech.

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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