Cmind-SEMI focuses on providing 4G/5G wireless communication connection chips and overall platform solutions. Its products cover the Internet of Things (IoT) and Internet of Vehicles (C-V2X).
Cmind-SEMI(Chinese:芯迈微半导体) announced the completion of its Series A funding round worth hundreds of millions of CNY, led by Legend Capital(Chinese:君联资本), with participation from Junke Danmu Investment(Chinese:君科丹木) and Huashan Capital(Chinese:华山资本)。
Chen Rui(Chinese:陈瑞), Managing Director of Legend Capital, revealed that 4G/5G+IoT communication chips have become the 'new infrastructure' in the era of connectivity, empowering the data link between things and things, people and things, unleashing immense business opportunities as well. The emergence of 5G+IoT is just in time. The technology enables incremental markets like the internet of vehicles to show huge growth momentum.
Cmind-SEMI boasts an extremely rare team in the industry that can conduct independent R&D of 4G to 5G full-stack mobile baseband chips, with nearly 20 years’ accumulation of technical and industry know-how.
Sun Dian (Chinese:孙滇), founder and CEO of Cmind-SEMI, said that the evolution of global cellular network standards and market patterns is accelerating. 2G and 3G are phasing out; 4G base station coverage continues to expand and 4G will become the best network in the next decade; 5G base station coverage has kicked into high gear, and 5G has become the most promising network in the future.
Established in 2021, Cmind-SEMI focuses on providing 4G/5G wireless communication connection chips and overall platform solutions. Its products cover the Internet of Things and Internet of Vehicles, and smart phones, helping to build a smart, safe and efficient society with all things connected.
Its competitors include Longsailing(Chinese:朗力半导体), Xincomm(Chinese:东芯通信), and JLSemi(Chinese:景略半导体).