HONG KONG -- UNISOC, an Intel-backed Chinese semiconductor firm that specializes in developing chipsets for mobile communications and internet of things, is planning to raise up to 5 billion yuan ($706 million) ahead of a planned listing on the country's newly launched STAR Market.
China tech
Intel-backed Chinese chipmaker UNISOC looks to raise $700m
Tsinghua Unigroup subsidiary plans listing on new STAR market
Shanghai's STAR market was created to channel funds from Chinese investors into smaller, higher-risk startups. (Source photo by Getty Images)
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