Gewei Semiconductor (Xiamen) Co., Ltd announced that it has received a hundreds of millions in a round of funding recently on December 1, 2023. The transaction included participation from new investors Giga Device Semiconductor Inc, Jiaxing SAIC Chuangyong Equity Investment Partnership Enterprise (L.P.), a fund co-managed by Shanghai Shangqi Investment Management Partnership Enterprise (Limited Partnership)Investment Management Company Limited, and Shanghai SAIC Hengxu Investment Management Company Limited, CDH Investment Management Company Limited, Long Capital, Tangxing Capital, etc.