Image sensor firm preps $200 million Shanghai IPO


Source: eenewsanalog.com eenewsanalog.com

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Image sensor firm preps $200 million Shanghai IPO January 19, 2021 // By Peter Clarke Brigates, a vendor of image sensors, is preparing for an initial public offering of shares on the Shanghai Stock Exchange, according to local reports. Brigates Microelectronics (Kunshan, Anhui, China) is a trading name for Ruixin Micro Technology, which was founded in 2008. The company intends to raise 1.347 billion yuan (about US$207 million) to pay for the development of high-end image sensor chips and movement sensors. The company claims in its prospectus that it "has a number of domestic leading and internationally advanced core technologies,"...