Chinese Chip Design Company Silicon Integrated Secures $25M In Series B Round
Summary
The company has two major product lines – optical sensing and intelligent audio, and has gained dozens of independent intellectual property rights. It is reported that this audio solution has been recognized by mobile phone manufacturers for its excellent performance and reliability, and has served tens of millions of first-line branded smartphones. Technology innovation and market structure are rapidly evolving, and there is a huge potential for growth.” Said Tang Zhihua, partner at CTC Capital. Zhang Xingchen, partner at Source Code Capital, said: "3D sensor chips and modules represented by ToF are becoming a new generation of technological infrastructure. Unlike traditional chip design companies, Silicon Integrated has the ability to define and differentiate hardware through software algorithms, which will promote them to stand out in this field."