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Rong Semiconductor

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Rong Semiconductor specializes in the production of 12-inch wafers, as well as wafer-level packaging and testing services

Huai'an, ChinaFounded 2021Semiconductors
Valuation $250–500M Last recorded · 2022
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Rong Semiconductor

Rong Semiconductor (Ningbo) Co., Ltd. is an integrated circuit manufacturing enterprise established in April 2021, with its headquarters in Ningbo, Zhejiang, China. The company operates as a foundry, focusing on the production of 12-inch integrated circuit wafers using mature process technologies ranging from 28 to 180 nanometers. Its establishment was backed by a significant 10 billion yuan investment from a consortium including state-owned platform funds, prominent technology companies like Meituan and Tencent, and several semiconductor industry firms and investment institutions such as Will Semiconductor, Huaqin, and Beijing Junzheng.

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The company's core business is centered on 12-inch wafer manufacturing and wafer-level packaging and testing. Rong Semiconductor serves chip design companies by producing a range of analog and mixed-signal integrated circuits. Its product portfolio includes CIS (image sensor chips), TDDI (touch and display driver integration), BCD (power management ICs), display driver chips, and new storage solutions. These components are utilized across various downstream markets, including industrial control, consumer electronics, mobile communications, and automotive electronics. The company has developed multiple technology platforms and engages with domestic chip design firms through a 'virtual IDM' model, which involves deep capital and business integration.

Rong Semiconductor has expanded its manufacturing footprint with production lines in both Ningbo and Huai'an. The Huai'an project began in 2021 with the acquisition of assets from the former Dehuai Semiconductor. The first products from this line were mass-produced in 2022. In April 2025, the company commenced construction of a new 16 billion yuan 12-inch integrated circuit production line in Ningbo, which is expected to have a monthly capacity of 35,000 wafers. The company's long-term goal is to achieve a monthly production capacity of 200,000 12-inch wafers by 2030. Rong Semiconductor has been recognized as a 'unicorn' company, appearing on the 2024 Global Unicorn List by the Hurun Research Institute. Wu Shengwu serves as the company's Chairman and co-CEO.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Huai'an, China
Employees
21
Open positions
1
Dealroom signal
49.9/100
Industry
Semiconductors
Sector
Semiconductors, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Latest news

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
FundingOther financing Apr 2023 $0 Undisclosed
LATE VCOther financing May 2022 $105M $420M Undisclosed
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Growth signals

Rong Semiconductor website traffic

Latest recorded traffic for Rong Semiconductor is 1.3K monthly website visits, up 1081.8% over the last three months. Rong Semiconductor's team grew 10.5% over the past year.

Latest monthly visits1.3K 3-month web change+1081.8% 1-year team growth+10.5%
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Similar companies

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Employees 21 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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