Recently, Weijiu Optoelectronics announced the completion of the pre-A round of financing of hundreds of millions of yuan. The funds will be used for mass production line construction, core process iteration, and batch delivery to key customers. According to Tianyan Research, Weijiu Optoelectronics Technology Co., Ltd. wholly owns Weijiu Semiconductor Technology Co., Ltd. According to the first EIA announcement published on the company's official website in September, the latter plans to build a microLED epitaxial film pilot platform in the Beijing Economic Development Zone. After completion, the project plans to produce 48,000 epitaxial films per year, and the construction period is 18 months.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.