Luntek Technology

About Luntek Technology

Established in 2010 by scholars returning from overseas, Hangzhou Luntek Technology Co., Ltd. operates as a comprehensive service provider within the integrated circuit testing sector. The company's inception was driven by founder Xu Zhen's experience with a university-industry collaboration project, which highlighted the critical bottlenecks and talent shortages in China's semiconductor industry. This realization prompted him to assemble a team and establish the company. Xu, who serves as Chairman and General Manager, holds a postgraduate degree from the National Aviation University in Ukraine and has a background in academia.

Luntek Technology offers end-to-end Automated Test Equipment (ATE) services for the semiconductor industry. Its business model is centered on providing third-party independent testing services, which encompass wafer testing (CP), final product testing (FT), burn-in testing, and system-level testing (SLT). The company serves clients across various high-tech domains, including smart terminals, artificial intelligence (AI), automotive, and communications. Revenue is generated by delivering these specialized testing solutions to semiconductor design and manufacturing companies. Luntek has established long-term collaborations with prominent technology firms such as Dahua Technology and Broadcom.

A significant aspect of Luntek's strategy involves a dual focus on industrial services and talent cultivation. The company actively engages in what it terms "industry-education integration," collaborating with over 800 universities and colleges across China. Through a subsidiary, Luntek is developing training systems and professional standards for the entire IC industry chain, aiming to bridge the gap between academic training and industry demands. This initiative includes building training bases and offering solutions for professional development to create a sustainable talent pipeline. In June 2025, the company began the process for an A-share IPO, signaling its next phase of growth.