Unisoc set to raise new funds to support 5G, IoT chips development

Lena Li, Taipei; Willis Ke, DIGITIMES Asia 0

Tsinghua Unigroup's chipmaking arm Unisoc will enforce a capital increment of CNY5 billion (US$707.44 million) to support its development of core 5G and IoT chipsets, according to a statement posted by China Beijing Equity Exchange.

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