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A Ku-band CMOS voltage-controlled oscillator (VCO) constructed in a modified current-reused configuration is presented in this letter. Two dc level shifters combined into two metal-insulator-metal capacitors are adopted to solve the transconductance and load mismatch problems of the conventional current-reused VCO for obtaining more symmetrical oscillation signals and lowering the phase noise of oscillator. A prototype was designed and measured to verify the design concept. The measurement results demonstrate the central oscillation signal of 16 GHz to be associated with the 900 MHz tuning range and -111 dBc/Hz phase noise at 1 MHz offset. The power consumption of the VCO core is only 8.1 mW. The measurement result evaluated by means of a figure of merit is about -186.8 dBc/Hz.