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Chinese auto chip maker SiEngine raises nearly CNY 1 billion in Series A funding

SiEngine Technology Co., Ltd. (SiEngine), a provider of 7-nanometer automotive-grade processors in China, raised nearly CNY 1 billion in its Series A financing round. The proceeds from the funding will be used for the supply of existing products, as well as the next stage of R&D and the deployment of high-computing-p....

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