SJ Semiconductor Corporation (SJSemi) announced the closure of a new financing round of $700 million. The investors include Wuxi Chanfa Science and Technology Innovation Fund, Jiangyin Binjiang Chengyuan Investment Group, Fortera Capital, Shanghai International Group, Lingang Xinxin Fund of Shanghai Lingang Special Area Administration and Lingang Shuke Fund of Lingang Group, together with Zhongguancun Independent Innovation Fund, China Life Private Equity Investment Limited, Golden Link, etc.
Since its founding in 2014, SJSemi has continuously dedicated to the high-quality and high-standard production of 12-inch mid-end wafers. And complementing this, SJSemi extends its service to offer advanced packaging and testing services for wafer-level advanced packaging and multi-die integration processing, widely used in smartphones, 5G communication, high-performance computing, data centers, automotive, and other electronics fields. In the wake of the artificial intelligence and digital economy boom, SJSemi can provide various advanced packaging solutions for Chiplet production and continues to increase investments in innovation and R&D efforts, especially in the 3D multi-die integration space.
As of 2024, SJSemi is the only provider capable of mass-producing silicon-based 2.5D packaging solutions in mainland China. And in recent years, SJSemi made significant progress in advanced packaging technologies due to its commitment to innovation. In May 2024, SJSemi debuted its 3x reticle TSV interposer technology, marking the company’s entry into a new era of sub-micron-level advanced chip interconnect technology, further improving interconnect density in its products.
The latest round of $700 million in financing will help the company further technological progress into ultra-high density 3D Multi-Die Integration project, strengthening its position as a leading advanced packaging provider, becoming a one-stop shop solutions provider for multi-die integration solutions.
KEY QUOTE:
“The synergy between SJSemi’s strategic business planning and state-owned capital from both Wuxi and Shanghai will look to inject new momentum into the company’s long-term development and success, positioning the company favorably to best capitalize on new opportunities in artificial intelligence and the digital economy!”
– Cui Dong, Chairman and Chief Executive Officer of SJSemi
