Lansus Technologies Inc., a Shenzhen-based radio frequency (RF) chip company, has raised over RMB100 million (US$14 million) in a series B+ round of financing led by CICC Capital and Oriza Holdings.
Long Hua, Chairman and CEO of Lansus Technologies, commented that through this round of financing, the company obtained sufficient financial support to establish the advantages of 5G RF technology, expand the market share of 4G RF, and is expected to obtain the first batch of 5G RF market orders.
Proceeds of this round will be used to increase the research and development of 5G products and the in-depth layout of domestic supply chains, he added.
Before becaming an independent semiconductor company in 2015, Lansus has over 8-year history in the RF field dates back to its origins within Nationz Technologies Power Amplifiers Department. The company focuses on the development of advanced chip solutions on radio frequency power amplifiers (RF PA), switch, and radio-frequency front-end modules.
Its products cover 2G, 3G, 4G, 5G, WiFi, IoT power amplifier chips, switch chips, filter chips and RF front-end module products. The company has shipped more than 600 million chips, more than 80% of which are 4G RF chip products, with customers including many domestic brands of mobile phones and ODM manufacturers.
(This article is translated from 36Kr. You can see the original article in Chinese here.)