Chinese chip industry player DJEL raises $140m in fresh funding

Chinese chip industry player DJEL raises $140m in fresh funding

Photo by Brian Kostiuk on Unsplash.

China’s Dongfang Jingyuan Electron Limited (DJEL), which offers solutions to enable chip manufacturing, has secured nearly 1 billion yuan ($139.6 million) in equity financing as the firm leaves behind an IP dispute with Dutch lithography giant ASML just months earlier.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter