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                News of Wingtech

                Wingtech Technology Led The Hundreds of Millions Round B Investment for BASiC

                2021-01-05

                On December 31, 2020, BASiC has completed its hundreds of millions round B financing, which is led by Wingtech Technology, followed by Shenzhen Investment Control Capital, Minhe Capital, Yitang Changhou and other institutions, and the original shareholder Lihe Capital made additional investment.


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                BASiC said that the current round of financing is based on the company's development strategic plan, introducing strategic investors with important value in the R&D, manufacturing and market of the third generation semiconductor. This round of financing will be used to strengthen the core technology R&D, key market development and manufacturing base construction of silicon carbide devices, especially the R&D and mass production of automotive qualified silicon carbide power modules.


                According to public information, BASiC is a leading enterprise in China's third generation semiconductor industry, which is committed to the R&D and industrialization of silicon carbide power devices. The performance of SiC Schottky diodes and SiC MOSFETs independently developed by the company has reached the international top-class level, and are widely used in new energy power generation, electric vehicles, rail transit, smart grid and other fields.


                Original News:

                https://www.laoyaoba.com/html/news/newsdetail?source=pc&news_id=769369




                For press information, please contact:


                Kris Xu

                Email: PR@Wingtech.com