Kaiyuan Communications, which was once invested by Xiamen Semiconductor Investment Group, received nearly RMB 300 million in Series A financing

On March 10, Kaiyuan Communication Technology (Xiamen) Co., Ltd. (hereinafter referred to as "Kaiyuan Communication") announced the completion of a round A financing of approximately RMB 300 million, led by IDG Capital, with participation from Shunwei Capital, Qinhe Venture Capital, CSVI, Chaowen Tianxia, ​​and Tianlong Mobile.

It is reported that the company received an angel round investment of nearly 100 million yuan from Xiamen Semiconductor Investment Group when it was established.

Kaiyuan Communications was founded in 2018, focusing on RF filtering and module chips. In accordance with the three-step development plan of filter chip productization, miniaturization and modularization, it works with outstanding partners in the industry chain to promote the rapid progress of domestic RF filtering and module chips.

In August 2019, Kaiyuan Communication released the "Sili-BAW" series of bulk acoustic wave filters, represented by the country's first 5Gn41 BAW filter chip; in March 2020, it released the "Sili-SAW" series (integrated SAW and SOI), the first domestically produced high-integration DiFEM and LFEM receiving module chip brand; in July 2020, it released the "Sili-ANT" series (integrated BAW, SAW, SOI, LTCC), represented by the country's first fully self-developed FEMiD transmitting module, mainly targeting various new challenges related to antennas in 5G terminals.

According to Kaiyuan Communication's official news, IDG partner Mr. Li Xiaojun said: "The global filter and module chip scale exceeds 10 billion US dollars and continues to grow. Domestic chips will have huge room for growth after technological and market breakthroughs. Filter chips are the technical shortcomings of the domestic industry, and modularization is the key capability of the 5G RF front-end. Kaiyuan Communication has mastered the core filtering and module chip industrialization capabilities, and the team has rich experience in large-scale production and operation, which has a very large competitive advantage. IDG and all investors in the A round are very optimistic about and support the development of Kaiyuan Communication, and wish the company to achieve more breakthroughs in the field of 5G RF front-end."