| Last Updated(Beijing Time):2007-03-08 14:52 |
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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.
Capital expenditure for Chinese semi-conductor fabricators will surpass US$9.8 billion from this year to 2008, 12 percent more than the combined investment over the past five years, according to SEMI, a US-based semiconductor group.
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