Recently, Hefei Konsemi Storage Technology Co., Ltd. (hereinafter referred to as "Konsemi") has successfully secured 130 million yuan in market-oriented financing. This marks its second round of financing following the 192 million yuan Series A financing completed in March 2022, with the final financing scale exceeding the original target of 100 million yuan. A total of eight renowned industrial enterprises and professional investment institutions, including CSC Financial, HuFu Capital and Haiyue Investment, participated in the capital increase. The company’s post-investment valuation stands at nearly 1 billion yuan.

The storage controller chip industry encompasses a vast market, which has long been dominated by global giants such as Samsung, SK Hynix and Intel. Worldwide, there are only more than ten enterprises with independent design and mass production capabilities, and the domestic localization rate remains below 1%. As the most challenging segment within storage controller chips, embedded storage controllers feature extremely high barriers in R&D and brand customer adoption. Numerous domestic enterprises have attempted to develop such products in the past, yet most ended in failure.

Founded in November 2018, Konsemi focuses on the R&D of storage controller chips and storage modules, ranking among the few domestic manufacturers capable of independently designing a full range of embedded storage controller chips. With nearly five years of development, the company has built a first-class technical team through global recruitment. Led by core members with extensive industry experience and strong R&D expertise, Konsemi’s self-developed eMMC products have obtained adaptation and certification from mainstream manufacturers including HiSilicon, UNISOC, Intel, MediaTek, Amlogic and Rockchip. Its products have been integrated into the supply chains of well-known brands such as Konka, ZTE, Jiulian and Hisense, with cumulative sales reaching nearly 20 million units.

Meanwhile, Konsemi has established a fully domestic supply chain system, realizing end-to-end domestic coverage ranging from chip design and wafer manufacturing to packaging and testing. Konsemi’s product portfolio covers consumer, automotive and industrial-grade solutions, widely applied in law enforcement devices, new energy vehicles, drones, telemedicine, industrial robots, consumer electronics and other scenarios. Its development is of great strategic significance for national storage security, industrial and agricultural production, fire emergency response, aerospace and military industries.

Against the backdrop of ongoing Sino-US trade frictions and the nation’s push for technological innovation and industrial upgrading, Konsemi will stay focused on its strategic goals and forge ahead proactively. It will continue to empower the high-quality development of China’s storage industry, accelerate the construction of an independent and controllable industrial supply chain, and support the group’s technology-driven development strategy.