National Silicon Industry Group (NSIG; ) is a partially state-owned publicly listed Chinese semiconductor company headquartered in Shanghai.
The company engages in the development and sale of semiconductor wafers. It is the largest domestic producer of semiconductor wafers in China.[2]
Background
NSIG was founded in December 2015. It was established by government related entities including the Shanghai Municipal People's Government, China Integrated Circuit Industry Investment Fund and Semiconductor Manufacturing International Corporation.[3][4]
In 2016, NSIG acquired Finnish company, Okmetic.[4] In the same year, NSIG acquired a 14.5% stake in French company, Soitec.[5] NSIG would later trim its stake in Soitec.[5]
On 20 April 2022, NSIG held its initial public offering becoming a listed company on the Shanghai Stock Exchange STAR Market. The offering raised $341 million with shares of the company jumping over 180% on its trading debut.[2][3]
In May 2022, NSIG announced that it would invest $408.6 million building a production plant in Finland with Okmetic being responsible for it.[6]
See also
- Okmetic
- Semiconductor industry in China
External links
References
- 2023 Annual Report Shanghai Stock Exchange^
- Rodney Chan. Chinese silicon wafer suppliers increasing production capacity DIGITIMES, 26 January 2024, retrieved 20 October 2024^
- Ivan Platonov. National Silicon Industry Group Ends First Day of Trading Up 180% EqualOcean, 20 April 2020, retrieved 20 October 2024^
- Joakim Persson. Chinese firm bids on Finnish Okmetic Scandasia, 10 April 2016, retrieved 20 October 2024^
- Ridha Loukil. Pourquoi le fonds chinois NSIG abaisse sa participation dans Soitec sous le seuil de 10% L'Usine nouvelle, 16 March 2023^
- Dou Shicong. China's NSIG Unveils USD409 Million Silicon Wafer Project in Finland www.yicaiglobal.com, 11 May 2022, retrieved 20 October 2024^