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Investment Update : West Fountain Parallel Fund Invested in Series A of ASR Microelectronics


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In May 2017, West Fountain Global Fund LP ("West Fountain"), an offshore parallel fund of West Fountain Parallel Fund and Shenzhen Capital Group, completed the Series A investment in ASR Microelectronics. Other investors include Alibaba.

Founded in April 2015, ASR Microelectronics is a company with wireless communication as its core technology, focusing on mobile smart communication terminal SoC, Internet of Things, artificial intelligence, satellite navigation, and other consumer electronic chip platform companies. Its product line covers 2G, Multi-standard communication standards including 3G, 4G, 5G, and IoT provide complete system chip SoC solutions.

Dai Baojia is one of the leading figures in the mobile communication chip industry and one of the few entrepreneurs with an international perspective in the Chinese chip industry. RDA, founded by Dai Baojia, has a pivotal position in the field of global communication chips. In a short period, it became the number one radio frequency chip (RF) shipment and the world's largest chip company for FM chips, with an annual load of over 9 billion pieces. After Ziguang Spreadtrum acquired RDA, Dai Baojia founded ASR Microelectronics.

Dai Baojia started the layout two years ago and absorbed half of the R&D talents in Marvell's communications chip department. The entire chip design Application Processor team (responsible for multimedia, Bluetooth, and other functions) has all joined ASR Microelectronics. This is also the critical strength of ASR Microelectronics itself.