Juxin Photoelectricity Ltd. announced that it expects to receive HKD 30 million in funding from Macroblock, Inc.
November 04, 2021
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Juxin Photoelectricity (Shenzhen) Ltd. announced that it will receive HKD 30,000,000 in an equity round of funding on November 4, 2021. The transaction will include participation from MBI GROUP INC., subsidiary of Macroblock, Inc. The transaction has been approved by board of directors of Macroblock, Inc.
Macroblock Inc is a Taiwan-based company mainly engaged in the design, manufacture and distribution of light emitting diode (LED)-drive integrated circuits. The main products include LED-drive integrated circuits, mixed digital and analog integrated circuits, lighting products and power modules, full array local dimming-drive integrated circuits, LED display modules. The products are applied in LED displays, liquid crystal displays, LED lightings and other areas. The Company is also engaged in the wholesale and retail of electronic materials, the international trading business, the product design business, and the electronic component manufacturing business. The Company operates within the domestic market and to overseas markets, including Asia, Europe and the Americas.