<article><p>Chinese chip company <strong><a href="https://www.dealstreetasia.com/stories/akrostar-funding-229084/">Xin Yaohui Technology Co., Ltd (AkroStar)</a> </strong>has raised over 500 million yuan ($78 million) in its Series A round led by returning investor Gaorong Capital.<span class="apple-converted-space"> </span></p></article>

The funding raised will be used to spruce up recruitment, technology innovation and product R&D, AkroStar said in a statement. 

Chinese semiconductor firm AkroStar raises over $78m led by Gaorong Capital

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