National Silicon Industry Group

National Silicon Industry Group (NSIG; Chinese: 硅产业集团; pinyin: Guīchǎnyè Jítuán) is a partially state-owned publicly listed Chinese semiconductor company headquartered in Shanghai.

National Silicon Industry Group Co., Ltd.
NSIG
Native name
上海硅产业集团股份有限公司
Company typePublic; State-owned enterprise
SSE: 688126
IndustrySemiconductors
FoundedDecember 9, 2015; 8 years ago (2015-12-09)
HeadquartersShanghai, China
Key people
Yu Yuehui (Chairman)
Qiu Ciyun (President)
RevenueDecrease CN¥3.19 billion (2023)
Decrease CN¥160.72 million (2023)
Total assetsIncrease CN¥29.03 billion (2023)
Total equityIncrease CN¥20.51 billion (2023)
OwnerChina Integrated Circuit Industry Investment Fund (20.64%)
Number of employees
2,377 (2023)
SubsidiariesOkmetic
Websitewww.nsig.com
Footnotes / references
[1]

The company engages in the development and sale of semiconductor wafers. It is the largest domestic producer of semiconductor wafers in China.[2]

Background

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NSIG was founded in December 2015. It was established by government related entities including the Shanghai Municipal People's Government, China Integrated Circuit Industry Investment Fund and Semiconductor Manufacturing International Corporation.[3][4]

In 2016, NSIG acquired Finnish company, Okmetic.[4][5] In the same year, NSIG acquired a 14.5% stake in French company, Soitec.[6] NSIG would later trim its stake in Soitec.[6]

On 20 April 2022, NSIG held its initial public offering becoming a listed company on the Shanghai Stock Exchange STAR Market. The offering raised $341 million with shares of the company jumping over 180% on its trading debut.[2][3]

In May 2022, NSIG announced that it would invest $408.6 million building a production plant in Finland with Okmetic being responsible for it.[5]

See also

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References

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  1. ^ "2023 Annual Report" (PDF). Shanghai Stock Exchange.
  2. ^ a b Chan, Rodney (26 January 2024). "Chinese silicon wafer suppliers increasing production capacity". DIGITIMES. Retrieved 20 October 2024.
  3. ^ a b Platonov, Ivan (20 April 2020). "National Silicon Industry Group Ends First Day of Trading Up 180%". EqualOcean. Retrieved 20 October 2024.
  4. ^ a b Persson, Joakim (10 April 2016). "Chinese firm bids on Finnish Okmetic". Scandasia. Retrieved 20 October 2024.
  5. ^ a b Shicong, Dou (11 May 2022). "China's NSIG Unveils USD409 Million Silicon Wafer Project in Finland". www.yicaiglobal.com. Retrieved 20 October 2024.
  6. ^ a b Loukil, Ridha (16 March 2023). "Pourquoi le fonds chinois NSIG abaisse sa participation dans Soitec sous le seuil de 10%". L'Usine nouvelle.
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