China-listed chip foundry Nexchip ropes in external investors for subsidiary's $1.36b deal

China-listed chip foundry Nexchip ropes in external investors for subsidiary's $1.36b deal

Photo from Nexchip

Shanghai-listed Chinese semiconductor foundry business Nexchip is roping in external investors to inject 9.55 billion yuan ($1.36 billion) into its wholly-owned subsidiary to expand chip production facilities.

Edited by: Padma Priya