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HongShan-backed Chinese auto chipmaker SemiDrive bags $138m

HongShan-backed Chinese auto chipmaker SemiDrive bags $138m

Photo by Brock Wegner on Unsplash

Chinese automotive chipmaker SemiDrive Technology has pocketed 1 billion yuan ($137.7 million) in strategic funding, according to a company announcement on July 12. 

Edited by: Pramod Mathew

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