On December 23, Giantec Semiconductor Corporation (688123.SH) announced that the company plans to use 28 million yuan of its own funds to increase its subscription to Wuhan Yuxin Semiconductor Co., Ltd.'s newly registered capital of 0.986178 million yuan. After the completion of this capital increase, the company's equity stake in Yuxin Semiconductor will increase from 8.9623% to 15.0660%.
Since its establishment in 2019, Yuxin Semiconductor has been focused on the research and development of technologies related to NAND and DRAM memory, dedicated to providing customers with high-performance and comprehensive storage application products and solutions. While continuously developing eMMC/UFS master control chips, Yuxin Semiconductor is currently independently completing firmware development, substrate design, and testing program development by purchasing third-party master control chips, storage wafers, and other raw materials, and outsourcing the packaging testing, assembly processing, and other required processes for Flash and DRAM product production. It has achieved mass production of multiple NAND and DRAM related embedded storage and storage module products and currently has four main product lines: embedded storage (SLC/SPINAND, eMMC, etc.), solid-state drives (SSD), memory sticks (DDR3, DDR4, LPDDR4X, etc.), and mobile storage. The relevant products have been applied in various fields such as smart terminals, computers and peripherals, servers, and network communications.
