China
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Recently, Suzhou Jingzhan Semiconductor Co., Ltd. (“Jingzhan Semiconductor”) announced the completion of a B+ round of strategic financing of hundreds of millions of yuan. Zhiyuan, Gongqingcheng Junhe, Unlimited Fund, Sanqi Mutual Entertainment (002555), CITIC Securities (600030), etc. joined the investment, and the old shareholders Yuanhe Holdings and Hushan Capital continued to increase their investment.
It is understood that this B+ round of strategic financing will be mainly used for the construction of Jingzhan Semiconductor's headquarters and R&D center. After the project is put into production, Jingzhan Semiconductor will build a world-class, domestic first-class gallium nitride power electronics, radio frequency electronics and microdisplay materials R&D and production base to promote Jingzhan Semiconductor into a new stage of development.
Xiong Hao, executive director of Innovation Works, said that gallium nitride (GaN) has a wide range of application scenarios in the fields of power, radio frequency and optoelectronics, especially in the fields of high frequency and high power. The iterative upgrading of industries such as consumer electronics, automotive electronics, aerospace, and defense and military industries is an indispensable key core device for intelligent manufacturing. In the future, the penetration rate of gallium nitride in various fields will increase rapidly, and the market prospect will be broad. Jingzhan Semiconductor has the world's leading academic and industrialization experience, and is one of the earliest and leading GaN epitaxy technology companies in the world. We believe that under the leadership of Dr. Cheng Kai, Jingzhan Semiconductor will continue to lead the advancement of technology. By integrating upstream and downstream resources, it will become the core of the industry chain in the wave of explosive growth of terminal applications such as power, radio frequency and microdisplay. GaN device and material supplier.
Jingzhan Semiconductor was founded in March 2012 by Dr. Cheng Kai, the pioneer of GaN-on-Si epitaxial technology. The industrialization base is committed to providing high-quality GaN epitaxial material solutions for power electronics, radio frequency electronics, and microdisplays. It is also the only manufacturer in the world that can supply 300mm silicon-based GaN epitaxial products.
At the end of 2014, Jingzhan Semiconductor took the lead in releasing commercial 8-inch silicon-based GaN epitaxial wafer products for the first time in the world. After verification by relevant downstream customers, the material has the world's leading technical indicators and excellent performance, filling the domestic gallium nitride industry. In September 2021, Jingzhan Semiconductor successfully launched the world's first 12-inch silicon-based power electronics gallium nitride epitaxial wafer, which has won wide attention in the industry.
After years of dedicated development, Jingzhan Semiconductor has become a leading enterprise in the R&D and industrialization of GaN materials in China. Nature Electronics, IEEE Electron DeviceLetters, and the top international conference IEDM have released related innovations, which have attracted widespread attention and unanimous praise from the international semiconductor industry.
Jingzhan Semiconductor attaches great importance to independent research and development and core intellectual property work. It has mastered a number of core technologies in the field of gallium nitride epitaxy and has completely independent intellectual property rights. Jingzhan Semiconductor has applied for nearly 400 patents at home and abroad, of which Over 100 patents have been granted.
