Sequoia, CICC Capital Pour $265M Into BYD Semiconductor

Chinese new energy vehicle giant BYD announced yesterday that its wholly-owned subsidiary BYD Semiconductor has introduced strategic investors through capital increase and share expansion. Investors include Sequoia Capital China, CICC Capital, SDIC Venture Capital, Himalaya Capital and other Chinese and foreign investment firms. Among them, SDIC Venture Capital and Himalaya Capital are existing shareholders of […]

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