XINYI Information Technology Ltd

About XINYI Information Technology Ltd

XINYI Information Technology Ltd., operating under the brand XINYISEMI, is a semiconductor company established in 2017 with a focus on the AIoT cellular System-on-a-Chip (SoC) market. The company was founded by Jianhong Xiao, who serves as the CEO, and a core team with extensive experience from globally recognized chip and communication firms such as Broadcom, Qualcomm, and Intel. This collective background from leading technology companies and universities informs the company's direction in developing cellular IoT solutions.

Headquartered in Shanghai, China, XINYISEMI has a global presence with research and development centers in Shanghai, Singapore, Nanjing, Chengdu, and Beijing, complemented by sales offices in Asia, Europe, and North America, and a supply chain center in Hong Kong. The firm specializes in the research, development, and sales of IoT communication chips, positioning itself as a key provider of application-specific semiconductors. Its business model revolves around manufacturing and selling these chips to a client base of over 200 IoT customers worldwide, having shipped more than 150 million chips since its inception.

The company's product portfolio is centered on low-power, high-performance cellular IoT SoCs designed for a variety of applications. These include Narrowband IoT (NB-IoT), Cat.1 bis, IoT Non-Terrestrial Network (NTN), and Global Navigation Satellite System (GNSS) SoCs. These chips are integral to solutions for smart metering, smart payments, asset tracking, and smart security. For example, the XY1200S is an industry-specific SoC combining NB-IoT communication with low-power MCU capabilities, while the XY4100 is a cost-effective Cat.1 bis SoC featuring a RISC-V processor. The company is also developing next-generation products, including 5G RedCap, to meet evolving market demands and has integrated edge AI capabilities into its existing product lines.

Significant milestones for the company include the mass production of its ultra-low-cost NB-IoT SoC XY1200 in 2023 and achieving tens of millions in shipments for its Cat.1 bis SoC in 2024. In June 2020, the company secured nearly RMB 200 million (USD 28.3 million) in a Series A+ funding round to advance the manufacturing and development of its NB-IoT chips. The company continues to expand its international market presence, driven by a strategy to provide its products globally.