Lingsheng Technology

About Lingsheng Technology

Lingsheng Technology, formally established on May 16, 2018, is a fabless semiconductor company born from a significant joint venture aimed at the Chinese market. The company was founded by a consortium of influential entities: US-based Qualcomm, China's Datang Telecom subsidiary Leadcore (or Lixin), JAC Capital, and Wise Road Capital. This collaboration was structured to focus on the design, sales, and support of mobile and IoT chipset solutions specifically for China's mass-market segment.

The company's business model centers on providing competitive System-on-Chip (SoC) solutions for the low-to-mid-range smartphone market and the burgeoning AIoT sector. Its revenue is generated through the design, packaging, testing, and sale of these chipsets and related software or technical services. Initially targeting the low-end smartphone chip sector, Lingsheng has expanded its strategy to a dual-pronged approach, developing chips for both mobile computing and AIoT applications, recognizing the vast potential of a connected world. This positions the company to serve a broad client base, from mobile phone manufacturers to developers of smart, connected devices.

A key milestone was the June 2022 launch of its first 4G smartphone SoC, the JR510, which was adopted by Xiaomi, a major player in the mobile industry. Before this, in August 2020, Lingsheng had already entered the AIoT space with its JA310 SoC, a chip built on a Samsung 11nm FinFET process that integrated NPU, GPU, and CPU architecture to significantly reduce power consumption. Despite these technological achievements, the company has faced intense competition in the cutthroat mobile SoC market, which is dominated by giants like Qualcomm and MediaTek. Financial reports indicated significant losses between 2019 and mid-2022, and its subsidiary, Shanghai Lixin Semiconductor, reportedly faced bankruptcy proceedings in July 2025, highlighting the market's harsh realities.