China Headline
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Advanced Micro-Fabrication Equipment Inc, a Shanghai-based semiconductor gear and technology provider, announced yesterday it had raised US$8 million in venture-capital investment from investors. It is the second VC injection within six months for the company. The new funding, from Qualcomm and Samsung Ven-tures, represents a total VC investment of US$43 million. "As global technology innovators, they (investors) understand our industry and our technology value proposition," AMEC chairman and CEO Gerald Yin said in an emailed statement. Established in 2004, AMEC has established a research and operations center in Pudong New Area and provides equip-ment to China's semi-conductor made-to-order chip makers. Trackback(0)
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