Wuxi ETEK Microelectronics Co., Ltd. Class A
SSSE:68860145.03
CNY
+1.16
(+2.64%)
ISIN
CNE1000050Y5
Return %
Stock
S&P 500
1Y
14.90
14.39
3Y
-14.21
81.42
5Y
-39.14
68.62
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Min Min Yuan
- Full Time Employees
- 574
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- No. 8, Xinhui Circle Road Wuxi JS China 214028
- IPO Date
- Jun 28, 2021
- Website
- etek.com.cn
- Similar Companies
- Business
- Wuxi ETEK Microelectronics Co., Ltd. is a semiconductor company specializing in the design, development, and sale of analog integrated circuits, with a focus on power management ICs, signal chain ICs, drivers, and discrete components. Its product portfolio includes power conversion and protection chips; display driver circuits; intelligent networking delay management units; high precision Hall effect sensors; and signal chain chips. These products serve diverse industries such as consumer electronics, telecommunications, automotive, and industrial applications. The company's solutions cater to consumer devices like True Wireless Stereo (TWS) audio products through low-Iq power management and charging management chips, as well as industrial applications including smart electricity meters with various power management chips. Wuxi ETEK operates primarily in the Asia-Pacific region, with headquarters in Wuxi, China, and has established strategic partnerships including a long-term alliance with Samsung Electronics since 2010. Founded in 2002, the company has over two decades of experience in microelectronics and analog IC design. Recent major developments at Wuxi ETEK include the launch of the ET3725A30, an ultra-low voltage omnipolar Hall effect switch designed for next-generation portable devices, representing its continued focus on innovation in sensor technologies. In 2024, the company signed a three-year strategic partnership agreement with Chenxin Semiconductor to enhance its semiconductor capabilities and market reach. Wuxi ETEK completed an equity buyback program in late 2024, repurchasing 930,000 shares, reflecting active capital management. Despite a recent revenue decline, analysts forecast substantial revenue growth of up to 85% in the coming year, supported by the company’s expansion in product lines and operational efficiencies. Wuxi ETEK has invested heavily in production expansion, including more than ¥500 million invested in 2018 to scale manufacturing capacity to over one billion chips annually. It continues to prioritize R&D with plans to invest ¥200 million over three years to develop next-generation semiconductor technologies and sustain its competitive position in the global semiconductor market. Wuxi ETEK’s industry focus spans analog semiconductor ICs for power management, signal processing, and display drivers, servicing consumer electronics, automotive sectors, telecommunications infrastructure, and industrial applications. The company’s customer base includes global technology firms and end-user device manufacturers, leveraging its product quality and innovation. Its strategic collaborations and joint ventures within the semiconductor ecosystem enable it to maintain a robust supply chain and broaden technological expertise. Overall, Wuxi ETEK positions itself as a leading power management and analog IC supplier with expanding capabilities and a strategic focus on emerging semiconductor applications across its geographic markets.