OMNIVISION to Invest 1 Billion Yuan in Rongxin Semiconductor

Stock News
03/20

OMNIVISION (00501) has announced plans to further enhance its semiconductor industry chain layout. By achieving strategic synergies with upstream supply chain partners, the company aims to build a more resilient supply network and delivery assurance system. OMNIVISION intends to make a cash investment of 1 billion yuan in Rongxin Semiconductor to acquire approximately 32.18 million yuan in registered capital. Based on the current funding round of 4 billion yuan, OMNIVISION is expected to hold approximately 5.88% of the registered capital post-investment. Specific terms will be subject to the final agreements signed by the involved parties.

Established in April 2021, Rongxin Semiconductor is one of China's first 12-inch integrated circuit wafer foundries to adopt a market-oriented capital operation model. The company focuses on mature process nodes ranging from 28 to 180 nanometers, specializing in mixed-signal, analog, and logic IC wafer manufacturing. Its core business includes specialty process foundry services for image sensors, analog chips, and mixed-signal chips, as well as edge-side logic chips and computing chips used in AI-related applications, such as sensing-storage-computation integrated chips. Rongxin has successfully established or is planning multiple core technology platforms. Its foundry products are used in diverse applications, including AI computing, smart devices, industrial control, consumer electronics, smart home systems, mobile communications, and automotive electronics.

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