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China Mobile and Wenzhou led a $138m Series B round in StarShine Semiconductor.

Synopsis

China Mobile, a telecommunications company, and Wenzhou Bay New Area Industrial Investment Platform, the state investment platform of Wenzhou City, led a $138m Series B round in StarShine Semiconductor, a radio frequency filter and module manufacturer. After this round of financing, with the support of many heavyweight industrial capital, the company will quickly carry out cost reduction iteration of existing products and the continued development of high-end products through the organic combination of product design and production technology.

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