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Suzhou-based Enkris Semiconductor Inc. introduced on Thursday that it has secured a number of hundred million yuan in spherical B+ strategic financing. The lead investor was once Goermicro, whilst co-investors have been GL Ventures, Huiyou Capital, Sinovation Ventures, Hechuang Zhiyuan, Gongqing Cheng Junhe, SEE Fund, 37Games and CITIC Securities. Its present shareholders, Suzhou Oriza Holdings and Shanghai Allin Capital Control Co., Ltd. additionally joined within the funding spherical.
The contemporary finances are to be allotted basically for the development of Enkris’ headquarters and R&D middle. Upon finishing touch of the mission, Enkris will construct an R&D and manufacturing base for gallium nitride energy electronics, RF electronics and micro-display fabrics, propelling Enkris to a brand new degree of building.
Enkris is devoted to offering fine quality GaN epitaxial fabrics for microwave RF and tool electronics packages. In March 2012, the corporate was once based in Nanopolis Suzhou on the Suzhou Commercial Park in China’s Jiangsu Province, and in August 2013, Enkris commenced the development of a GaN epitaxial subject matter manufacturing line in Nanopolis Suzhou, with an annual capability of 20,000 wafers of 150mm GaN epitaxial wafers.
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Enkris extremely values unbiased R&D and core highbrow assets rights, and has mastered a lot of core applied sciences within the box of GaN epitaxy, and possesses totally unbiased highbrow assets rights. It has carried out for just about 400 patents at house and out of the country, and has been granted greater than 100 of them.
Xiong Hao, government director of Sinovation Ventures, indicated quite a lot of software eventualities for gallium nitride (GaN) in energy, RF and optoelectronic fields, particularly in prime frequency and prime energy fields. GaN could also be a key core tool indispensable for clever production, and will broadly be utilized in verbal exchange, computer systems, client electronics, automobile electronics, aerospace and protection industries. GaN will swiftly build up its penetration charge in quite a lot of fields sooner or later and enjoys large marketplace potentialities.