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Semiconductors - Thursday, March 22, 2007

HDTV Heavy Chip Maker For Chinese Market, Legend Silicon Goes Big With $40M Round

legend silicon.png
Legend Silicon has raised $40M in Series D funding led by Intel Capital. The company says it plans to use the proceeds to develop terrestrial digital TV demodulation IC products that comply with the newly approved China Digital Television Terrestrial Broadcasting standard.

"With this home grown technology, people all over China will be able to experience High Definition Terrestrial Television at minimal cost," said Lin Yang, Legend Silicon's chairman and chief technology officer. "The technology will prepare China for full digital TV transmission of the 2008 Olympics Games in Beijing."

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