Financing over 4 billion? Unisoc's big move

06/05 2024 566

Counting the well-known semiconductor companies in the mobile phone industry, in addition to Hisilicon, the birthplace of Kirin chips, and Yangtze Memory Technologies, which has a large share in domestic SSDs, Unisoc is also a worthy leader.

As early as when 5G was just sprouting in 2021, Unisoc achieved a curve overtaking with its T7510 and T7520 5G SoC chips, and once even broke into the top five Chinese mobile phone chip market.

In recent years, as Unisoc has made greater strides in 5G smartphone chips, it has not only established its own flag in overseas markets, but also seems to have become a "black soil" favored by capital.

Recently, the Securities News reported that Unisoc's new round of equity financing has been approved by the board of directors, and the amount of financing is not small, exceeding 4 billion yuan. In addition to state-owned capital platforms, financial institutions, securities firms, and some social capital have also participated.

Just a while ago, Unisoc just "joined hands" with CITIC Securities, and now, less than a year later, there is another round of financing of 4 billion yuan. Is it true or false?

In response, many media outlets have verified this information with Unisoc. Unisoc responded that "this round of financing is indeed progressing steadily, but the disclosure of specific information will have to wait for the 'right wind'."

Unisoc's new round of financing can go smoothly, which is closely related to its recent booming momentum. In the sub-segment of mobile phone chips alone, Unisoc occupies a vast low-to-mid-end market.

According to data from research firm Counterpoint, as of last year's Q2, Unisoc has ranked fourth in global mobile phone processor market share for eight consecutive quarters, surpassing Samsung.

Source: Counterpoint official website

In the recently released Q1 report, Unisoc is still booming.

Not only did it maintain its fourth place, but also increased by 64% to 26 million units, bucking the trend of declines in both Apple and Samsung's chip shipments.

As for who is boosting Unisoc, I believe that every mobile phone enthusiast knows it well, and that is Transsion, which dominates the market in Africa.

According to data from Canalys, Transsion accounted for almost half of Unisoc's mobile phone chip orders in Q1 this year. Given Transsion's current momentum in emerging markets, Unisoc's market share ceiling is likely to go even higher.

In addition to the solid foundation of mobile phone chips, Unisoc has also "arranged troops" in the continuously heating up new energy vehicle market.

Not only have multiple Unisoc chips been favored by leading automakers, but its intelligent cockpit SoC chip A7870 has also passed reliability verification, and the mass production plan is progressing steadily.

As Unisoc's business further diversifies, it is believed that this domestic cruise ship will not only be able to withstand more tumultuous waves in the future, but its "second growth engine" may also be on the way.

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