San Jose, Calif. -- GCT Semiconductor, a designer of integrated circuits for the wireless communications industry, said on Monday that it has raised $5 million in its fifth round of funding from DoCoMo Capital\and JAIC America. "This investment strengthens our key relationships in Japan and helps finance the growth of our company," said Kyeongho Lee, the president and CEO of GCT. The company plans to use the proceeds to continue expanding its global operations, as well as to accelerate product development of its technology for mobile handsets.
http://www.gctsemi.com/news/news_view.htm?no=37