Huawei’s chipmate SiCarrier seeks US$2.8bil jolt

Ambitious goals: Visitors walk past the SiCarrier booth during Semicon China in Shanghai. Founded in 2021 and owned by the Shenzhen city government, SiCarrier is largely seen as a Huawei supplier. — Reuters

SICARRIER, a Chinese chip equipment maker with close links to Huawei, is seeking US$2.8bil in its maiden fundraising round, two people familiar with the plans said, as the startup chases more clients and clout.

SiCarrier was until recently little known, but it has become the most talked-about company in Chinese semiconductor circles this year as the breadth of its planned product range and ambitions emerges.