Yuxin Semiconductor received tens of millions of yuan in financing

Recently, Wuhan Yuxin Semiconductor Co., Ltd. ("Yuxin Semiconductor") announced that it has completed its first round of financing of tens of millions of yuan, with the investor being Luojia Wutong Venture Capital. This round of financing will be used for chip product research and development, to improve the storage module product line and to attract outstanding talents.

Yuxin Semiconductor said that with the completion of this round of financing, it will greatly promote Yuxin Semiconductor's research and development progress in multiple directions such as storage master control chip design, storage module design and application, and next-generation storage product research.

The core team members of Yuxin Semiconductor graduated from Huazhong University of Science and Technology at Yujiashan in Wuhan, and have led chip design work at semiconductor companies such as Micron and Samsung.

Yuxin Semiconductor is committed to the design of memory chips and the development of memory module products, as well as the development of power management chips and MOS chips. It has now formed three R&D centers in Wuhan, Suzhou Zhangjiagang and the upcoming Shanghai; and four sales centers in Wuhan, Suzhou Zhangjiagang, Shanghai and Shenzhen.