The production line of CSMH. [Photo/CSMH]

In late March, globally renowned technology company Heraeus, headquartered in Germany, announced an investment of several million euros in the Xiamen-based semiconductor technology company Compound Semiconductor (Xiamen) Technology (CSMH), a leading supplier of high-end industrial diamond materials in China.

The investment from Heraeus has put CSMH in the spotlight. With its strong technological innovation in specific fields and deep insight into the market, CSMH, a local university-industry cooperative enterprise, has achieved numerous breakthroughs over the past few years.

The favor shown by tech giants to semiconductor startups in Xiamen is a result of the innovative development of the city's semiconductor industry. 

With the rapid growth in demand from application sectors such as new energy vehicles, rail transit, and photovoltaic power generation, the semiconductor market has attracted significant attention, leading to sustained active investment and financing. 

In recent years, with support from various policies related to innovation in research and development, attracting talent, and ecosystem development, semiconductor companies in Xiamen have attracted a lot of attention from investors, and several of them have already secured financing.

Meanwhile, local funds in Xiamen have been supporting local semiconductor companies to help them grow and thrive.