Tens of millions of pre A funds have been raised by Italy semiconductor, A maker of magnetic sensor chips

Recently, China's well-known magnetic sensor chip start-up team, yirui semiconductor, announced the completion of tens of millions of pre A round of financing, the investors are licheng capital, shenzhen dipi, this round of financing for innovative product research and development investment and new market expansion.

It is understood that Italy semiconductor (Shanghai), founded in 2014, mainly develops magnetic sensor chips.As a key link of sensing and control in the system, magnetic sensor chip is widely used. Subway, high-speed railway and power system need to use magnetic sensor chip to detect large current measurement.The engine, crankshaft, gearbox, BMS, air conditioner, refrigerator, washing machine and motor, etc., all need to use magnetic sensors to get the speed and position.In addition, 5G microbase station, electric bicycle and other communication and consumer fields, are inseparable from the magnetic sensing chip support.

At present, more than 95% of domestic magnetic sensor chips rely on foreign imports, while high-end magnetic sensor chips are almost blank in China.According to IHS, the magnetic sensor chip market is growing at an annual rate of more than 8%, with a total domestic market capacity of more than 15 billion yuan.According to data from magnetic sensor market and technology 2017 edition, the magnetic sensor market will grow at an annual rate of 8% from 2018 to 2022, and the total market size is expected to reach 2.6 billion us dollars by 2022.

In this context, the research and development, design and market application of magnetic sensor chips have become the field in which many entrepreneurial teams and investors compete. In recent years, the investment trend in the capital market has been extremely active.With years of deep research in this field, it has accumulated a solid technical foundation and market foundation.In March 2017, the team received angel round financing from shenzhen debi, zizhu xiaomiao and zhongkechuang.

Meaning, semiconductor, has high performance lock type switch chip CH46X hall Family, small current lock setting switch hall chip: CH42X Family, economical lock type switch hall chip: CH41X Family, high reliability, single switch hall chip: CH9XX Family level, auto BCD technology lock type switch hall chip: CH44X Family, such as more than 10 product series, and supply has many well-known manufacturers at home and abroad.

In terms of performance, means the beginning of the semiconductor products began to enter the market sales in 2016, mainly in the automotive, industrial layout, robots, and home appliances control field with the r&d team of excellent product design and quality control, an average annual growth rate of more than 50% by volume, shipments reached hundreds of millions of pieces, of establishing a good reputation in the industry.

The company is now operated by Fabless. The Shanghai headquarters is in charge of product design and sales. Wafer should be manufactured in overseas FAB factory while packaging/testing should be contracted by domestic first-class packaging factories.The headquarters of the company is set up in Shanghai, with an office in shenzhen, and the nationwide agency covers nearly ten cities such as Shanghai, chengdu and Beijing.Meaning, semiconductor chip shipments reached more than 10 million pieces per month, had occupied magnetic sensor on the electric bicycle motor core is more than 30% of the market, and has continued to infiltrate other magnetic sensor chip applications, including about 2% of the air conditioning market, 1% of cars shift, 0.5% of the small home appliance market, 0.3% of cars BMS, 0.1% of communication magnetic sensor, etc.

There are 21 people in the team, 50% of whom are r&d team.The team owns 22 original intellectual property rights.Yin xiaoping, founder of Italy semiconductor, said that with the development of technology, the trend of the Internet of everything is unstoppable. In the future, it will be "sensor +MCU+ communication bus".As a hard science and technology innovation enterprise, we will continue to develop high-precision, high-reliability and high-performance magnetic sensor chips, and climb the industry peak.