Company profiles›Hua Hong Semiconductor

Hua Hong Semiconductor华虹半导体

1347Founded 1996Shanghaihuahonggrace.comReviewed 2026-08-30

Hua Hong Semiconductor is China's major specialty foundry reference point: less about leading-edge logic than about mature-node and specialty process capacity across embedded NVM, power discrete, analog/power management, logic, and RF.

Scale

~$2.4Brevenue FY2025 · USD 2.4B
~$50.3Bmarket cap · 2026-10-04

Gap vs frontier

Bottlenecksector position

Sector-level position; no priceable accelerator silicon to compare chip-by-chip.

Hua Hong Semiconductor: bottleneck tier in Foundry manufacturing, ~$2.4B FY2025 revenue.

The chip stackEach layer depends on the layers below it
1 · ChipsWhat the stack produces
2 · Design toolsSoftware and IP to design them
3 · ManufacturingPlants that turn designs into silicon
4 · EquipmentMachines inside the plants
5 · MaterialsWhat the plants consume

Company at a glance

Scale

Listed · Foundry

Growth prospects

Expanding customer base and product roadmap

1H 2021 revenue US$650.95M (semiconductor product sales), +52% YoY from US$428.20M in 1H 2020; 1H 2021 profit US$58.1M

China competition

Competes with SMIC, Nexchip, HLMC in Foundry — peers listed at sector level.

Bottleneck

Global comparables

Global reference set: TSMC, Samsung Foundry, Intel Foundry.

UMC and GlobalFoundries for mature-node foundry scale.

Technical gap

Sector rated bottleneck vs the frontier.

Obstacles

Sector bottleneck applies

EUV access, advanced lithography, yield, process control, and equipment/material restrictions.

Official filings: hkexnews.hk ↗ · hkexnews.hk ↗ · hkexnews.hk ↗ · HKEX filings for 01347 ↗

All sourced facts (8)
  • Founded: Founded in 1996.
  • Headquarters: Shanghai, China (operating bases); Hong Kong incorporated
  • Revenue / scale: 1H 2021 revenue US$650.95M (semiconductor product sales), +52% YoY from US$428.20M in 1H 2020; 1H 2021 profit US$58.1M
  • Listing status: HKEX · 1347 · H Shares
  • Listings: Dual-listed: HKEX 01347 and Shanghai STAR Market 688347.
  • Wafer platform: Operates both 8-inch and 12-inch foundry capacity.
  • Core process mix: Specialty process families include embedded/standalone NVM, power discrete, analog and power management, logic, and RF.
  • China role: One of mainland China's key mature/specialty foundries alongside SMIC's mature-node business.

About

Pure-play specialty foundry earning revenue from wafer fabrication services for integrated circuits, focused on mature/specialty process nodes (embedded/standalone NVM, power discrete, analog & power management, logic & RF) on an 8-inch + 12-inch fab footprint.

Shanghai · Founded 1996 · Ticker 1347

Why it matters

A lot of semiconductor self-sufficiency is not 2nm heroics. Hua Hong matters because EVs, industrial systems, MCUs, analog, power, display, RF, and embedded control all need reliable mature and specialty foundry capacity.

Where it sits in the stack

Key semiconductor products

  • Embedded/standalone non-volatile memory·NVMSpecialty process family for NVM-based IC wafer fabrication.
  • Logic & RFSpecialty process family covering logic and radio-frequency ICs.
  • 8-inch and 12-inch fab operation — statuscommercial. Mixed wafer-size footprint supports mature-node specialty processes and capacity flexibility.
  • Embedded/standalone NVM processes — statuscommercial. Key specialty technology for MCU and smart-card/power IC customers.
  • eNVM wafer foundry
  • NOR Flash wafer foundry
  • power discrete wafer foundry
  • 0.11µm eFlash+BCD automotive platform

Financials

688347.SS · HKEX 1347 (also STAR 688347) · via Yahoo Finance ↗

Financial trajectory via annual filings via Yahoo Finance

USD billions
USD 2.29BUSD 0.28B
2023
USD 2BUSD 0.06B
2024
USD 2.4BUSD 0.05B
2025

Market data refreshed daily; annual figures from exchange filings. Figures in the reporting currency shown on the chart.

Ecosystem

Investors / affiliates

  • Hua Hong Semiconductor Limited

Customers / end markets

  • End-market exposure captured in the pilot: Automotive, Industrial, Consumer electronics, Communication, PCs and peripherals

Global peer set

  • UMC and GlobalFoundries for mature-node foundry scale
  • Tower, Vanguard, X-Fab, and DB HiTek for specialty analog/power/RF foundry comparisons

Affiliates

  • Shanghai Huahong (Group) Co., Ltd. (ultimate parent, Shanghai SASAC supervised)

Competitive position

  • China position: Leading in specialty foundry capacity, especially mature-node and power/specialty platforms.
  • Global reference companies: UMC, GlobalFoundries, Tower Semiconductor, Vanguard, X-Fab, DB HiTek, and specialty process lines inside larger foundries.
  • Dashboard metric: wafer capacity by 8-inch/12-inch fab, utilization, revenue by process family, automotive/industrial exposure, and power-device share.
  • Specialty and mature-node foundry; not a leading-edge logic player, strong in embedded NVM, NOR Flash, power discrete, and automotive-grade processes within China.
  • China's leading specialty foundry for power/analog/eNVM; depends on imported mature-node equipment and materials.
  • Global comparables: UMC and GlobalFoundries for mature-node foundry scale.
  • Global comparables: Tower, Vanguard, X-Fab, and DB HiTek for specialty analog/power/RF foundry comparisons.
  • Hua Hong's constraint is not pure leading-edge lithography; it is capacity, utilization, process breadth, power-device qualification, tool access, and margin discipline through foundry cycles.

Recent activity

  • 1H 2021—1H 2021 revenue rebound: US$650.95M, +52% YoY; profit US$58.1M vs US$4.0M in 1H 2020 [via hkexnews.hk]
  • Reported—Dual H Share + A Share capital structure in place [via hkexnews.hk]
  • Reported—Automotive-grade process platform (0.11µm eFlash + BCD) and IATF 16949 certification highlighted [via hkexnews.hk]

Milestones and signals

  • 1996—Hua Hong Semiconductor was founded.
  • 2026-10-04—Market cap: RMB 361B
  • FY2025—Revenue: USD 2.4B
  • FY2025—Net Profit: USD 54.9M
  • Listing—HKEX · 1347 · H Shares

What to watch

  • Dual listing on SSE STAR Market (688347.SH) alongside the existing Hong Kong listing (01347.HK).
  • Wafer capacity by fab and size: 8-inch and 12-inch fabs and monthly wafer output.
  • Revenue by process family: NVM, power discrete, analog/power management, logic/RF.
  • Revenue by end market: automotive, industrial, consumer, communication, and PC/peripherals.
  • Top-customer concentration and any named foundry or OSAT partners.

Answered questions

Last reviewed 2026-07-01
What is Hua Hong's wafer capacity by fab, wafer size, and process family?

Named exposure so far: Automotive, Industrial, Consumer electronics, Communication, PCs and peripherals.

How much revenue is power discrete versus NVM, analog/power management, logic, and RF?

Against TSMC, UMC, GlobalFoundries, and SMIC: Specialty and mature-node foundry; not a leading-edge logic player, strong in embedded NVM, NOR Flash, power discrete, and automotive-grade processes within China.

Which customer categories are confirmed by filings rather than inferred from process families?

Named exposure so far: Automotive, Industrial, Consumer electronics, Communication, PCs and peripherals.