Promoting localization of the entire industry chain, Minxin MEMS sensor shipments reached 1 billion pieces

Minxin Co., Ltd., which has just been listed, has ushered in another historic moment.

On September 1, Minxin Co., Ltd. officially announced that the company's MEMS sensor shipments reached 1 billion! The company's main person in charge and employee representatives attended the shipment ceremony to witness this historic moment. 

One billion pieces is a new starting point. Minxin promotes localization of the entire industry chain

Dr. Li Gang, Chairman of Suzhou Minxin Microelectronics Technology Co., Ltd., expressed his best wishes for the product shipment to reach 1 billion pieces. He said that there is still a lot of room for growth in the silicon microphone market in the future, which is both an opportunity and a challenge for Minxin. With the continuous development of the company, more capable and outstanding talents are welcome to join Minxin; at the same time, we will continue to strengthen the product layout to make the products more diversified and have more product growth points. Minxin is a chip design company with the mission of promoting the development of the domestic MEMS industry chain and localizing the entire industry chain.

After more than a decade of research and development, Minxin has developed a MEMS silicon microphone, pressure sensor and acceleration sensor product line based on self-developed MEMS/ASIC chips with its own intellectual property rights. At the same time, the company has a complete localized industrial chain based in mainland China.

At present, the company's products mainly include: MEMS microphones, MEMS pressure sensors and MEMS inertial sensors. Users adopt these high-reliability products and widely use them in consumer electronics such as smartphones, tablets, laptops, smart homes, wearable devices, etc., and their applications are also gradually expanding in the automotive and medical fields.

Regarding the 1 billion pieces historical stage, Zhang Chenliang, Vice President of Sales of Suzhou Minxin Microelectronics Technology Co., Ltd., said: "1 billion pieces represents 13 years of hard work by all Minxin employees, and represents the continuous improvement of product quality and customer base. I would like to thank all the partners who have been with Minxin all the way. The development history of Minxin is a process of the domestic MEMS industry chain from scratch to maturity. Minxin is a witness, promoter, and participant in the whole process."

Customers include well-known domestic and foreign companies, and the global shipment volume ranks fourth

On August 10 this year, Minxin Co., Ltd. officially landed on the Science and Technology Innovation Board, becoming the first MEMS stock on the Science and Technology Innovation Board.

After years of technological accumulation and R&D investment, Minxin Co., Ltd. has independent R&D capabilities and core technologies in all aspects of existing MEMS sensor chip design, wafer manufacturing, packaging and testing. It is also able to independently design ASIC chips that provide signal conversion, processing or driving functions for MEMS sensor chips, and has achieved the localization of the entire MEMS sensor production process.

Relying on its excellent technical strength, the MEMS sensor products independently developed by Minxin Co., Ltd. have been recognized by customers such as Huawei, Transsion, Xiaomi, Baidu, Alibaba, Lenovo, Sony, LG, Lepu Medical, and Jiuan Medical. They are widely used in consumer electronics products such as smartphones, tablets, laptops, wearable devices, smart homes, and are gradually expanding their applications in fields such as automobiles and medical care.

In the field of MEMS microphones, Minxin's market share ranks among the top in the world. According to IHSMarkit statistics, Minxin's MEMS microphone shipments ranked sixth in the world in 2016, fifth in 2017, and fourth in 2018.

Focusing on MEMS for 13 years, building a localized platform for the entire industry chain

Behind the market recognition is Minxin Co., Ltd.'s thirteen years of focus on "cores".

After more than ten years of R&D investment, the company has completed the basic R&D work and core technology accumulation in MEMS product chip design, wafer manufacturing, packaging and testing, and helped domestic semiconductor manufacturers such as SMIC, CSMC and Huatian Technology to develop professional MEMS wafer manufacturing and packaging and testing processes, realizing the localization of the entire production process.

The complete set of processes and R&D models that Minxin Co., Ltd. was forced to develop at the beginning of its business has now become the company's core competitiveness.

"We are not afraid of being strangled by our competitors. From testing, materials to processes, the company has accumulated technology and experience in all aspects." Li Gang, chairman and general manager of Minxin Co., Ltd., once said that as a pioneer in the domestic MEMS industry, the company not only has independent research and development and design capabilities for MEMS sensor chips, but also has accumulated OCLGA packaging technology, pressure sensor SENSA process, inertial sensor WLCSP packaging technology and other advanced technologies and processes in wafer manufacturing, packaging and testing, and has been deeply involved in the development of MEMS processes for domestic semiconductor manufacturers.

At present, the company's main wafer suppliers are SMIC, SMIC Shaoxing and China Resources Shanghua, and the packaging foundry is mainly Huatian Technology. "The localized production system ensures the stable supply of the company's MEMS sensor products, continuously improves the performance and cost-effectiveness of the company's products, can respond to the needs of domestic customers in a timely manner, and achieve rapid product updates and upgrades through in-depth cooperation with local suppliers." The company stated in its prospectus.

Mr. Li Gang once said: "What makes us most proud is Minxin's contribution to the localization of the entire MEMS industry chain. Minxin's development is the representative and epitome of the development of the domestic MEMS industry."

After more than ten years of continuous research and development in MEMS technology, Minxin Co., Ltd. has accumulated strength and has its own core technologies in chip manufacturing, packaging and testing in each product line. This has not only laid a solid industrial foundation for the company to compete with domestic and foreign manufacturers in the future, but also established an extremely deep moat.

As of December 31, 2019, Minxin Co., Ltd. has a total of 38 domestic and foreign invention patents, 19 utility model patents, and is applying for 32 domestic and foreign invention patents and 24 utility model patents. The company's MEMS microphone products, which are independently developed and produced based on core technologies, are at the industry's advanced level in terms of product size, sensitivity, sensitivity tolerance and other indicators, and are the first in the industry to launch the smallest commercial triaxial accelerometer produced using core technologies.

Minxin Co., Ltd. has actively participated in and completed the following national or provincial scientific research projects: in 2014, it jointly participated in the completion of the National 863 Program "CMOS-MEMS Integrated Microphone" project; in 2015, it completed the Jiangsu Provincial Science and Technology Innovation and Achievement Transformation Special Project "Research and Development and Industrialization of New MEMS Digital Acoustic Sensors"; in 2017, it completed the Jiangsu Provincial Industrial and Information Industry Transformation and Upgrading Special Project "Research and Development and Industrialization of Low-Power IIS Digital Output MEMS Acoustic Sensors".

Minxin Technology has won the "Top Ten Chinese MEMS Design Company Brands in 2013", the Greater China IC Design Achievement Award in 2016 and 2017, and the "Top Ten Chinese Semiconductor MEMS Enterprises" by the China Semiconductor Industry Association in 2016 and 2018. In 2015, the company was selected into the "EE Times Silicon 60: 2015 Startups to Watch" (60 noteworthy new technology companies in the world) published by EE Times, a world-renowned electronic product magazine.

For Minxin Co., Ltd., it can be said that it was born at the right time - not only is it taking advantage of the Science and Technology Innovation Board, but it is also facing the accelerated process of localizing chips. In addition, with the opportunities of the 5G era, the company is actively planning for the future.