Since Xiaomi accelerated its AIoT layout and invested in Shanghai Lingdong Microelectronics Co., Ltd. (hereinafter referred to as Lingdong Micro), Lingdong Micro's development has further accelerated, and it is reported that it has now entered the D+ financing stage.
As a veteran in the domestic MCU industry, Lingdong Micro has been deeply involved in the MCU field for 9 years and has performed very well in the market. Amid the impact of the global epidemic, its sales are still growing strongly, and its R&D and foundry are also progressing as scheduled, demonstrating strong competitiveness and resilience. In particular, Lingdong Micro has made another move by purchasing the latest core of Arm's Cortex-M series, which will further enhance its MCU development capabilities.
At present, Lingdong Micro has developed the MM32 MCU product array based on the Cortex-M series core, with five major series of F/L/SPIN/W/P and more than 200 models. It can provide system manufacturers with comprehensive, complete and localized MCUs, with a cumulative delivery of nearly 100 million pieces. The products are widely used in industrial control, smart home appliances, smart homes, wearable devices, automotive electronics, instrumentation and other fields, ranking among the top local general-purpose 32-bit MCU manufacturers.
In general, Lingdong Micro's competitive advantage lies in providing a complete localized MCU ecological platform, which can continuously meet the differentiated needs of customers. At the same time, it continues to invest in R&D as the main core, investing 40% of its operating income in R&D each year, which is quite amazing. In addition, the ecological construction is constantly improving, and can provide customers with full industry chain support from chips to algorithms to solution development.
With the rapid development of industries such as AIoT and autonomous driving, MCUs have ushered in unprecedented opportunities. Coupled with the wave of domestic substitution, domestic MCUs will become the most promising sunrise. According to IC Insights, global MCU sales will reach US$21.3 billion in 2023, and shipments are expected to reach 38.2 billion units. Domestic MCU manufacturers have advantages in cost-effectiveness and localized service capabilities. They may continue to make efforts in ecological construction, reliability, and breakthroughs in mid-to-high-end products in the future, and there will be great potential.
After entering the D+ round of financing, Lingdong Micro, with the support of capital and resources, will make greater moves in the MCU field. Whether it is R&D, integration or customer level, it will enter a new era and its development potential in the MCU field will continue to be released.
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