Yitai Microelectronics completed Pre-A+ round of financing and is an automotive Ethernet chip company

Nanjing Yitai Microelectronics Technology Co., Ltd. has completed its Pre-A+ round of financing, led by Zhongke Chuangxing, followed by Tongchuang Gongjin, Pengchen Capital, Yiqi Lihe and others. This round of financing is mainly used for the research and development of automotive Ethernet chips and product delivery. Yitai Microelectronics is a team that develops both automotive PHY chips and automotive Switch chips, and can provide complete solutions for automotive Ethernet chips. Automotive Ethernet chips are mainly divided into two categories: switch chips (Switch) and physical layer transceiver chips (PHY).