NationStar Optoelectronics has announced plans to raise up to ¥1 billion to accelerate its push into high-growth segments, while SMIC reported strong quarterly results—dual developments signaling renewed confidence in the semiconductor sector's recovery.
NationStar will direct the funds toward upgrading its Mini/Micro LED display technologies, optoelectronic sensor components, display control modules, and automotive LED products. The company has built integrated capabilities spanning chips, packaging, and panels, and aims to evolve from a component supplier to a full-solution provider. It will increase R&D in Mini/Micro LED, MIP packaging, and high-definition display panels.The company is pursuing a dual strategy of internal expansion and external acquisitions to strengthen its product portfolio and explore new applications in automotive electronics, smart cockpits, and humanoid robotics. Its automotive business has already entered the supply chains of Changan and Geely, supplying backlight units for displays and smart ambient lighting.
On the same day, SMIC reported Q3 revenue of $2.382 billion, up 7.8% quarter-on-quarter and 9.7% year-on-year. Growth was driven by higher wafer shipments and an optimized product mix, with 12-inch wafers accounting for 77% of revenue.
ICgoodFind :NationStar’s targeted expansion and SMIC’s steady execution reinforce two key segments of China’s semiconductor ecosystem.
