Huawei-backed chip material maker B&C Chemical hits unicorn status post $87m round

Huawei-backed chip material maker B&C Chemical hits unicorn status post $87m round

Photo by Brian Kostiuk on Unsplash.

Xuzhou B&C Chemical, a Chinese maker of the semiconductor material photoresists, has raised over 600 million yuan ($86.9 million) in a new funding round at a post-money valuation of about 7 billion yuan (over $1 billion).

Edited by: Pramod Mathew