Hangzhou Silan Microelectronics

Chinese semiconductor company

Hangzhou Silan Microelectronics Co.,Ltd

Trade name	Silan
Native name	杭州士兰微电子股份有限公司
Company type	Public; State-owned enterprise
Traded as	SSE: 600460 (A Shares)
Industry	Semiconductors
Founded	September 25, 1997; 26 years ago (1997-09-25)
Founder	Chen Xiangdong
Headquarters	Hangzhou, Zhejiang, China
Key people	Chen Xiangdong (Chairman) Zheng Shaobo (CEO)
Revenue	CN¥8.25 billion (2022)
Net income	CN¥1.05 billion (2022)
Total assets	CN¥16.92 billion (2022)
Total equity	CN¥8.07 billion (2022)
Number of employees	7,611 (2022)
Website	www.silan.com.cn
Footnotes / references ^[1]^[2]

Hangzhou Silan Microelectronics (Silan; Chinese: 士兰微电子; pinyin: Shì Lán Wéi Diànzǐ) is a partially state-owned publicly listed Chinese semiconductor company headquartered in Hangzhou.

The company focuses on the design of integrated circuit (IC) chip and the manufacturing of semiconductor microelectronics-related products. It is one of the largest integrated device manufacturers (IDM) in China.

Background

On 25 September 1997, inspired by a speech during Deng Xiaoping's southern tour, Chen Xiangdong and six other partners founded Silan. It was one of the first private IC manufacturing companies in China.^[2]^[3]^[4]^[5]

On 11 March 2003, Silan held its initial public offering becoming a listed company on the Shanghai Stock Exchange. It was the first IC design company to be publicly listed in China.^[2]^[3]^[4]^[5]

Silan originally started with a 5-inch wafer chip production line that produced 5,000 pieces a month. After its listing, Silan started building its 6-inch production line.^[3]^[5]

During the 2007–2008 financial crisis, Silan suffered due to a decline in sales orders and a tight cash flow caused by banks requiring it to provide additional loan guarantees. The Hangzhou Municipal Government provided Silan with relief which allowed Silan to repay the loan in six months and emerge from the crisis. After the crisis, Silan adjusted its product line from traditional consumer electronics to more high-end products which were in line with the IDM model.^[3]

In 2017, Silan's 8-inch wafer fab started production making it the first in China. By 2020, its monthly production capacity reached 60,000 pieces. It received over 1 billion yuan in funding support from the China Integrated Circuit Industry Investment Fund (ICF).^[3]^[4]^[5]

In February 2022 it was reported that ICF planned to invest 600 million yuan into Silan's 12-inch chip project that was launched in 2021.^[3]^[5]^[6]

In October 2022, Silan announced it aimed to raise 6.5 billion yuan via private placement to expand its output of vehicle power semiconductors due to domestic demand.^[3]^[7]

References

^ "600460.CN | Hangzhou Silan Microelectronics Co. Ltd. Company Profile & Executives - WSJ". www.wsj.com. Archived from the original on 9 March 2024. Retrieved 9 March 2024.
^ ^a ^b ^c "2022 Annual Report" (PDF). SSE. Archived (PDF) from the original on 9 March 2024. Retrieved 9 March 2024.
^ ^a ^b ^c ^d ^e ^f ^g "甘坐IDM"冷板凳"二十载，士兰微蓄势国产半导体升级". www.stcn.com. 12 April 2023. Archived from the original on 9 March 2024. Retrieved 9 March 2024.
^ ^a ^b ^c Gao, Greg (24 August 2021). "The IDM model is receiving more attention in China's semiconductor industry. Industry pioneer Chen Xiangdong sees the potential for more IDM players to emerge". www.laoyaoba.com. Archived from the original on 9 March 2024. Retrieved 9 March 2024.
^ ^a ^b ^c ^d ^e 吴, 小燕 (29 October 2021). "干货！2021年中国半导体分立器件制造行业龙头企业分析——士兰微：综合型半导体领先厂商_行业研究报告 - 前瞻网". www.qianzhan.com. Archived from the original on 9 March 2024. Retrieved 9 March 2024.
^ Dou, Shicong (22 February 2022). "China's Silan Soars as Big Fund II Plans to Invest USD95 Million in Its Chip Project". www.yicaiglobal.com. Archived from the original on 9 March 2024. Retrieved 9 March 2024.
^ Tang, Shihua (17 October 2022). "China's Silan Micro Plans to Raise USD903 Million to Fund Auto Chip Expansion". www.yicaiglobal.com. Archived from the original on 9 March 2024. Retrieved 9 March 2024.