HONG KONG -- China's CanSemi Technology has raised 4.5 billion yuan (about $672 million) in a new funding round to invest in the construction of new facilities and expand its production of industrial and automobile chips.
Company wants to build new production facilities to supply south of country

China's CanSemi Technology has raised around $672 million to fund the construction of new facilities and expand its production. (Screenshot from CanSemi website)
HONG KONG -- China's CanSemi Technology has raised 4.5 billion yuan (about $672 million) in a new funding round to invest in the construction of new facilities and expand its production of industrial and automobile chips.